Dear Julia, I want to invest (the budget of about $ 55,000) for the short-term ...

Question

Dear Julia, I want to invest (the budget of about $ 55,000) for the short-term ...

Ukaterina Foreman asks:

Good afternoon Yulia Vladimirovna, I want to invest (budget about $ 55,000) for a short-term investment in Istanbul. Please advise what objects are most in demand among buyers and in what area. Thank you. Sincerely, Ekaterina.

15.06.2011

TURKEY. Consultation

Expert answers (1)

Answer 1 · 2011-06-17T14:10

Ekaterina, having such a budget (we do not count on the center), we need to focus on 2 places in Istanbul: the Ataturk International Airport and the University.

For a short-term investment, it is better to buy in a new building for the purpose of resale, but for this you must be confident in the reliability of the developer (it is better to get acquainted with the company's portfolio, its history and plans for the future, as well as land documents, a construction permit). You can count on a two-room apartment in Russian, that is, one-bedroom apartments or 1 +1. In general, in these places, if you manage to pick up something ready-made in a new home, then you can rent out well.