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Rental Income Increased

14/05/2020

Rental Income of Properties Has Been Increased in Turkey

Recently, the IMF (International Monetary Fund) has announced the countries all around the world where housing prices have increased and decreased the most. As a result of the statistics, the rental income of housing is seen to increase in Turkey.

The International Monetary Fund (IMF) released the third quarter 2019 data of the IMF Global Housing Monitoring Report, which includes 63 countries. According to the data, the growth rate of the residential rental price in Turkey outstripped the rate of increase in house sale prices. According to these statistics, buying property in Turkey is an advantageous investment.

Istanbul Where the Most Affordable Property among the World Metropolises.

Property investment in Turkey has always been a profitable investment tool. Turkey is a country that offers a lucrative investment opportunity for investors and constantly evolving. When a comparison with the world is to be made, Istanbul, which is one of the biggest metropolises in the world, has the most affordable property prices and attract investors all over the world. Property prices for sale in metropolitan such as New York, London, Paris, Hong Kong, Los Angeles, Berlin, and Tokyo are well above the property prices in Istanbul. For this reason, investing in a metropolitan like Istanbul will be very profitable shopping.

Districts with the Highest Increasing Rate of Rent in Istanbul

When you buy a property in Turkey, which is the most crowded city in Turkey, it is so easy to lease it. Because the demand for rental properties is high. The most important issue here is the decision of the district where you will invest property. Esenyurt, Bağcılar, Avcılar, Gaziosmanpaşa, those have been on the rise in recent years and developing rapidly, are the districts with the highest increase in rental income. You can visit our website for real estate ads for sale in the districts with the highest rental income in Istanbul and contact us.

Some factors affect the lease of the real estate with a high price as much as its location. If the house needs any renovation, it should be maintained and repaired, and it should be ensured to look neat and tidy. Installations and fixtures must be sound. Beautiful interior decoration and furniture are also effective factors that increase rental income.

All the cities of Turkey, mainly İstanbul, such as Antalya, Bursa, Yalova, and Trabzon, offers a quality price and important location advantage compared to other world cities. Istanbul, which has an affordable sales price among the world's metropolises, offers an investment-oriented shopping advantage.

Please, do not hesitate to contact us, if you have any questions.

 

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Diyar Turk Real Estate team

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