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Old 05-08-2008, 10:06 PM
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kusadasisun kusadasisun is offline
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Join Date: Jun 2008
Location: Kusadasi , Turkey
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Quote:
Originally Posted by tylerbabe View Post
Why not Hisaronu, Ovacik the best place to buy for investment and very high in rental income
High rental income is directly related to how many months a property can be rented out. IMHO there are only 2 possibilities for a long rental potential:

- New expensive residences in business districts of major cities like Istanbul, Ankara. Here location plays a very important role as these cities suffer from rush hour traffic jams.

- Golf properties by the Mediterranean & South Aegean coast, which attract foreign golfers when winter hits Northern Europe. Their rental rates are already high during summer months.

Sun-Sand-Sea does not guarantee more than a few months rental income. Excitement-Education-Entertainment has to be there as well.
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