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Istanbul is a preferred destination for tourism in the region, as well as a booming destination for capital and investment, especially real estate, so many foreigners - investors and tourists - want to buy cheap villas in Istanbul for various purposes such as tourism, housing, and investment during 2017 and 2018.
The investment return in Turkey varies according to the type of property, the lease period and the real estate features such as (location, area, quality, and surrounding facilities.) Rental income for villas is estimated at between 7 and 12%, while tourism rents are estimated at 16 to 20% of the property price. If the villa is owned before the completion of construction and contracting, then selling these villas after the completion of the project, the return on investment is not less than 12%.
What are the encouraging reasons for buying a cheap villa in Istanbul?
Investment options for cheap villas in Istanbul
Financial returns from investment villas in Istanbul
The investment return in Turkey varies
according to the type of property, the lease period and the real estate features such as (location, area, quality, and surrounding facilities.)
Rental income for villas is estimated at between 7 and 12%, while tourism rents are estimated at 16 to 20% of the property price.
If the villa is owned before the completion of construction and contracting, then selling these villas after the completion of the project, the return on investment is not less than 12%.Read Less
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