Istanbul Properties, Real Estate Investment

The 3 Most Attractive Districts For Investment In Istanbul Became Clear

While The Price Balance Between Residential And Rental Housing Was 15 Years On Average, Now In Some Districts, This Period Has Doubled. Among The Districts Of Istanbul, Beyoglu Is The Most Attractive District In Terms Of The Period Of Redemption. The Longest Period Was Determined As Bakırkoy.

Period Of Redemption Double

In Istanbul, Which Doesn’t Leave The Summit In All Areas Of The Dwelling, Is Increased The Gap During The Investment Period Of Redemption, Which Was Known As 15 Years For The Home Buyers. Period Of Redemption Has Exceeded 20 Years In Most Districts Except For A Few Districts. While The Period Of Redemption In Almost Many Districts Has Been Observed To Be Almost Doubled, In A District This Interval Has Been Extended Up To 32 Years.

Calculated By Rent Rate

One Of The Most Important Data For People Who Want To Invest In Housing Is The Return On Housing Investment, In Other Words, The Period Of Redemption. When Calculating The Return Period In The House, If The Purchased Houses Are Rented, The Sales Price Can Be Recovered With The Annual Lease Value In How Many Years.

For Example, If A 400,000 Tl House Is Rented From 1500 Tl Per Month, It Can Be Found As 400/1500 = 222, 222/12 = 18,5 Years. This Was Expressed As An Average Of 15 Years Until Recently. However, With The Increase In Housing Prices In Recent Years Compared To The Rental Prices, Increased The Gap During The Recycling Period In The Housing.

1 Million Housing Rent 4000 Tl

While Hundreds Of Projects Are Rising Rapidly In Istanbul, The Price Range For Sale Starts From 200.000 Tl And Goes Over 1 Million On Average. On The Rental Side, It Starts From 800 Tl And Goes Up To 4000 Tl. Once Again, While The Average Rent For A 1 Million Tl House Is Around 4000 Tl, The Rental Rate And Period Of Redemption Are 20 Years. The Period Of Redemption Of A 200,000 Tl, 800 Tl Rental House Is 20 Years.

The 3 Most Attractive Districts For Investment

Considering The Average Prices And Rental Income Of A 100 M2 Apartment In 32 Districts Of Istanbul, Beyoglu Is The Most Attractive District For Investment With A 14-year Period Of Redemption. Beyoglu Is Followed By Eyupsultan With 15 Years And Esenyurt With 16 Years.

Bringing In 32 Years

There Is Only One District That Doubles The 15-year Scale In The Period Of Redemption. The Rental Income Of 950.000 Tl Paid For An Average 100 M2 Apartment In Bakırkoy Is 2.500 Tl. This Corresponds To 32 Years For The Return In The Depreciation Formula. Once Again, Beykoz With 28 Years, Kadıkoy And Adalar With 27 Years, And Besiktas With 26 Years Stand Out As The Districts With The Highest Period Of Redemption Following Bakırkoy.

Districts That Have Enchancement And Reduction In The Prices

Considering The Last 1-month Charts Of Residential Prices For Sale In 39 Districts Of Istanbul, The Highest Increase Occurred In Atasehir, Besiktas, Avcılar, Bakırkoy, Beylikduzu, Buyukcekmece, Esenler, Esenyurt, Fatih, Kucukcekmece, Sarıyer, Sisli And Zeytinburnu. Prices In Bayrampasa, Adalar (Islands), Beykoz, Pendik And Silivri Decreased.