Buy to let properties for sale in Istanbul can be found n many districts. These properties, which are generally considered to be purcashed for investment purposes, provide return of investment in certain periods. At this point, those who want to buy a property for sale in Istanbul should take this return of investment (ROI) in rental income into account. Factors such as average square meter prices, neighborhood density and neighborhood development affect the return of investment period. Buy to let properties in Istanbul can generate high rental income according to their rental capabilities. When looking for a property to buy in Istanbul, it's important to pay attention to the location, transportation facilities, and whether it's close to various major locations.
Buy To Let Properties in Low Budget
Districts
The average square meter prices that
people who want to buy apartment in Istanbul should pay attention to are
different in each district. For instance, for the
low budget areas such as, Sancaktepe, Silivri and Sultanbeyli, which are
districts with low rent per square meter, average rent per square meter is
between 10-20 TL. In addition, it is stated that the average rent for Sancaktepe
is 1.110 TL and the return period is 25 years. In Silivri, while the
average rent is 1,000 TL, the payback period is 26 years.Lastly, Sultanbeyli
has an average rental price of 969 and a return period of 28 years.
However, within the scope of properties for sale in Istanbul, this return
period and rental costs may change. Especially in the coming period, according
to the current economic conditions, the rental prices may increase
considerably, according to experts.
Buy To Let Properties in Besiktas
Besiktas is one of the most preferred districts when it comes to buying a property for sale in Istanbul. Although the district is mostly with older buildings, the rental prices are high. However, it is observed that the return of investment period in terms of property investment is extremely high. The average rental price of the residential units in the district is between 4000 TL. The average square meter rental price is 40 TL. Even though the payback period is high as properties for sale in Istanbul, they are a serious source of income. Besiktas offers a profitable housing investment, especially in the new real estate projects.
Buy To Let Properties in Kucukcekmece
The properties for sale in Istanbul
Kucukcekmece are currently very popular. Especially
these days when the Kanal Istanbul project is on the agenda, new housing
projects are also being started. For the last 5 years, Kucukcekmece
is the winner among all Istanbul districts in terms of return of
investment. Therefore, there are many alternative housing options for people
who want to buy property in Istanbul. In addition, suitable housing can be
found for people with medium budgets. It is estimated that Kucukmece, which has
average proeprty prices in general, will keep its increase continously. Buy
to let properties are also very popular in Kucukcekmece area especially in the
newer real estate projects. The average rental price for sqm is between 22-25
Lira while the return of investment period is around 20-22 years.
Buy To Let Properties in Sariyer
Istanbul Sarıyer is one of the preferred
districts for property investment. Sarıyer, which
is generally among the developed districts, hosts high-budget housing projects.
Therefore, rental prices are high in this area accordingly. Sarıyer,
which is also advantageous in terms of location, transportation opportunities
and rental income, can be preferred for buy
to let property investment in Istanbul. In Sariyer, there is
an average of 1,900 lira rental fee. However, when the old properties are
discluded, average rental price reaches to 5,000 TL. Although the average return of investment
period is high as in 25 years in Sariyer, this period decreases from year to
year with increasing rental prices. Thus,
it turns into a very profitable investment for those who want to buy a property
in Istanbul.
Learn More About Buy To Let Property for
Sale in Istanbul
To find out more about most advantegous
buy to let properties for sale in Istanbul, you can reach us by filling a contact form.
