Saturday, January 9, 2010

Istanbul Property Rental Market

PropertyRental Prices in Istanbul,

Istanbul is the only city in Turkey where the housing supply stays behind the demand. Thats why it is the major reason that property investors are interested in investing in Istanbul Property.

From a simple 1 bedroom residential flat costing around 45.000€ , the investors are easily gaining up to 12% realistic returns. The monthly letting fee of a furnished 1 bedroom apartment is around 450€-500€. 

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