Temporary Residence Permit
Turkey has deep historical roots with civilization. Istanbul, formerly the capital city of the Roman Empire, is brimming with life and excitement today. Turkey has one of the most straightforward methods to obtain a temporary residence permit, by purchasing real estate. This permit has very few restrictions, can be indefinitely renewed, and grants access to both Europe and Asia with its well connected international airport.
Turkey is a large country with many potentially great cities. Istanbul should be at the top of your list because of the large variety of neighborhood options. Situated between its European and Asian sides, Istanbul has influences from both. Each retaining its own character. Neighborhoods to look at are Besiktas, Arnavutkoy, and Basaksehir on the European side, on the Asian side, Uskudar, Bostanci, and Sancaktepe.
There is no purchase price minimum, unlike many other countries such as Ecuador. Turkey has lots of opportunities with this program. The main requirement for the property is it must be livable, meaning a residential property rather than land or commercial property. Prices are incredibly attractive, even in the capital city of Istanbul. Many great properties are priced around $400-500 per square meter. These prices will most likely not be around for too much longer. Based on FRED Economic data housing prices have continued to increase over time, with a 200% increase since 2017.
A great perk of this permit is that family members of the property holder are also granted access to applying for their own permit. Someone with a family, this is a great option. If the property is being used as a vacation home, or long term accommodation, there will be no issues bringing the family with you.
Conclusion
A great way to diversify your portfolio is through real estate in other countries. Each country has its pros and cons so no place will be the perfect fit. However, Turkey could be a great option, steady increase of prices yet still relatively affordable, and easy access to much of the world. With no minimum purchase price Turkey might be the most flexible country to obtain residency through real estate.