Turkey for rental investment

Discussion in 'Turkey property' started by oraclefusions, Jun 25, 2017.

  1. oraclefusions

    oraclefusions New Member

    Hello there folks,
    I have a question for the people who have already invested in Turkey.
    I have a property in Dubai which is giving me around 8% ROI as Yearly rental income plus the property value also
    appreciates.
    I am NOT into buying and selling later for a profit.
    I am looking for find a property in Turkey which would fetch me around 16,000 USD per year as NET rental Income.
    Which areas I should look for ?

    I have been in contact with agents but they always come up with new properties in newer areas.. While my preference is a property which is either already rented or is about to complete in an area where I can easily with no hassle be always able to rent out.

    Regards
     
  2. realdeals

    realdeals Active Member

    Is Turkey back in favour with property investors after the recent volatility on the political front? I noticed just the other day that UK holiday companies have returned to the region.
     
  3. nmb

    nmb Well-Known Member

    While I am no expert on Turkish politics, the situation seems to have died down a little over recent months. The fact that UK holiday companies are now open for business for those looking at a break in Turkey suggests things are starting to change for the better?
     
  4. Işıl

    Işıl New Member

    Do you think tourism project for investments?For example we have lands near the seaside from ourselves not real agency.So tourism most popular in Turkey and very common.
     
  5. Longterminvestor

    Longterminvestor Administrator

    Foreign investors will need to consider the curreny exchange rate as well - if there was further unrest within Turkey this would not be good. It is already being run as a dictatorship as it is.
     
  6. Marinaki

    Marinaki New Member

    I think you should take under consideration areas as Antalya, Cappadocia and maybe Istanbul (if they don't throw any more bombs). I mean areas where there is tourism and people have a reason to spend their time there. I am not sure, though, how the rental prices are. Since all the issues Turkey had the prices dropped a lot. Is a country that I love and go all the time and last time I paid for a 5 stars hotel, in Taksim square, 3 nights, 150 euro.
     
  7. Michael Harris

    Michael Harris New Member

    It is an old post and I must say that turkey is the best country in the world right now for Real Estate Investment.
     
  8. Veronica

    Veronica Administrator

    With the current problem Turkey has the area is very volatile and no one in their right mind would consider investing there.
     
  9. Longterminvestor

    Longterminvestor Administrator

    The issues with the US look like they will get worse before they get better despite the spin that Donald Trump has tried to put on the situation. Personally I would avoid for now but there may be some bargains to be had. Also, keep an eye on the currency as it may come under pressure.
     
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