Rental yield of 10.13%. Where is it profitable to rent a house in Turkey?
Turkey remains one of the most popular countries for tourists and investors. Beautiful landscapes, rich cultural history and mild climate make it an attractive place for both recreation and investment. One of the important aspects of investing in Turkey is the rental of real estate, and there is potential for impressive returns.
On average, the rental of real estate in the country brings about 6.52% per annum, but there are areas where this figure can reach even 10.13%. Where can we expect such high rates?
Ankara is the leader in profitability
The capital of Turkey, Ankara, offers outstanding opportunities for investors. Especially the Kechioren district stands out among others, promising a yield of an impressive 10.13% per annum when renting a two-bedroom apartment. At the same time, the cost of buying real estate in this area is only $ 56 thousand, which makes it especially attractive for those who are looking for high incomes with limited investments.
Istanbul - contrasts and opportunities
Turkey's largest city, Istanbul, also offers a variety of yield options. On average, rental housing in this metropolis brings about 6.21% per annum. However, in the Beylikduzu area, you can get up to 9% per annum for renting a two-room apartment, the price of which is $ 73 thousand. Istanbul provides unique opportunities for investors by combining wealth and history with modernity.
Additional bonuses for investors
Do not forget about other advantages of investing in Turkish real estate. For the purchase of real estate in the amount of $ 400 thousand or more, the possibility of obtaining Turkish citizenship is provided. This advantageous offer makes Turkey even more attractive for investors from Russia and Belarus.
So, if you are thinking about investing in real estate and renting in Turkey, then there are many opportunities for high profitability. The variety of cities and regions allows you to choose the best option in accordance with your investment goals. Do not miss the chance to get a good income and, possibly, a new citizenship in this amazing country.
