Property Details
- Property: Flat (Resale)
- Bedrooms: 6
- Bathrooms: 3
- Receptions: N/A
6 Bedroom Flat in Ankara Province, Turkey
RONESANS RESIDENCE (FLOOR:11 NO:34) : Cayyolu - Ankara / TURKEY
Why invest in Ankara ? Ankara is the capital city of Turkey and will probably be one of the European Capitals following Turke...
Features
RONESANS RESIDENCE (FLOOR:11 NO:34) : Cayyolu - Ankara / TURKEY
Why invest in Ankara ?
Ankara is the capital city of Turkey and will probably be one of the European Capitals following Turkey joining the EU. It is a safe place with a very low crime rate and is not located on an earthquake zone.
If you invest in a good place in Ankara you would get an average of 10 % annual interest and an average of 5 % rental income. So you would get 15 % as a minimum for 1 year.
A simple calculation:
If you buy a house in Ankara for £ 100,000 the value of your property would increase to £ 115,000 at the end of the first year. 10 % market increment value plus rental returns. At the end of the second year you would have £ 30,000 as income. So you would still have your £ 100,000 and an extra £30,000. With this extra money you could buy your cute holiday home. If you double your investment by putting £200,000 you would have an income of £60,000 at the end of two years.
210 sqm. 5+1 with staircase, open-closed parking, 3 bathroom, 1 balcony+1 terrace, double common elevator, central heating system laminate flooring.
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