Investment Property in Ankara

Invest in Real Estate in Ankara

Investment Property in Ankara
Investment Property in Ankara

Ankara property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Ankara .

Search Map of Ankara Investment Real Estate

Ankara ( ANG-kə-rə, AHNG-kə-rə; Turkish: [ˈaŋkaɾa] (listen)), historically known as Ancyra and Angora, is the capital of Turkey. Located in the central part of Anatolia, the city has a population of 5.1 million in its urban center and over 5.7 million in Ankara Province, making it Turkey’s second-largest city after Istanbul.

Serving as the capital of the ancient Celtic state of Galatia (280–64 BC), and later of the Roman province with the same name (25 BC–7th century), the city is very old, with various Hattian, Hittite, Lydian, Phrygian, Galatian, Greek, Persian, Roman, Byzantine, and Ottoman archeological sites. The Ottomans made the city the capital first of the Anatolia Eyalet (1393 – late 15th century) and then the Angora Vilayet (1867–1922). The historical center of Ankara is a rocky hill rising 150 m (500 ft) over the left bank of the Ankara River, a tributary of the Sakarya River. The hill remains crowned by the ruins of Ankara Castle. Although few of its outworks have survived, there are well-preserved examples of Roman and Ottoman architecture throughout the city, the most remarkable being the 20 BC Temple of Augustus and Rome that boasts the Monumentum Ancyranum, the inscription recording the Res Gestae Divi Augusti.

On 23 April 1920, the Grand National Assembly of Turkey was established in Ankara, which became the headquarters of the Turkish National Movement during the Turkish War of Independence. Ankara became the new Turkish capital upon the establishment of the Republic on 29 October 1923, succeeding in this role as the former Turkish capital Istanbul following the fall of the Ottoman Empire. The government is a prominent employer, but Ankara is also an important commercial and industrial city located at the center of Turkey’s road and railway networks. The city gave its name to the Angora wool shorn from Angora rabbits, the long-haired Angora goat (the source of mohair), and the Angora cat. The area is also known for its pears, honey and Muscat grapes. Although situated in one of the driest regions of Turkey and surrounded mostly by steppe vegetation (except for the forested areas on the southern periphery), Ankara can be considered a green city in terms of green areas per inhabitant, at 72 square meters (775 square feet) per head.

The financial stability of Ankara has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

 

Buy to Rent in Ankara

 

Renting out your Ankara buy-to-rent investment property can grow wealth and income.

 

Whatever your goals with investment property in Ankara are – preparation is key.

 

  • Set goals based on how much rental yield will be required and the local rental yield rates in Ankara and be prepared to change your initial outlook.
  • Thoroughly research the Ankara location with a special emphasis on fringe areas outside the main Ankara metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Ankara.
  • Ensure that your target investment property in Ankara appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent with local knowledge and experience of property legislation will give you the best chance of success.

 

With our expert guidance, investing in Ankara provides the secure knowledge that your money is working harder than it would in a local Ankara bank and that future generations of your family will be left with substantial capital growth assets.

 

We are always happy to advise on buying investment property in Ankara, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Ankara property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Ankara

Flipping property in Ankara

 

Flipping property is when we advise clients to buy a Ankara property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Ankara market has a time to react to the renovation.

 

The Flipping Strategy in Ankara

 

Investment property flipping in Ankara is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Ankara real estate investments are sometimes referred to by professionals as ‘distressed’ Ankara real estate.

 

What is distressed Ankara property:

 

  • Ankara property in need of renovation
  • Ankara real estate with a change of purpose and use
  • Oversold Ankara property
  • Bank repossessions in Ankara

Put simply, long term investors in Ankara purchase the property, renovate it and make it a lot more attractive to potential buyers.

 

Calculate profit that you make from Ankara investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Ankara property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

 

Experienced property developers in Ankara use a minimum profit value of 22% when looking at potential Ankara projects.

 

The reason for this is because there are lots that can go wrong in Ankara property flipping and working on a potential margin of 22% should still leave a good margin of error.

 

Invest through a Fund in Ankara

 

Property Secured Investments is a Private Equity fund that invests in Ankara and many other towns and cities across Europe. The fund is only available to Sophisticated Investors and closed to United States Citizens. While this is not an offer or promotion of the fund, more information can be found at the website

Luxury Property in Ankara

For luxury property investors hoping to add a superb property in Ankara to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

 

A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Ankara, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Ankara should be entrusted to only the highest-quality agency.

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