Investment Property in Bolu

Invest in Real Estate in Bolu

Investment Property in Bolu
Investment Property in Bolu

Bolu 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 Bolu .

Search Map of Bolu Investment Real Estate

Bolu is a city in Turkey, and administrative center of the Bolu Province. The population is 131,264 (2012 census).

The city has been governed by mayor Tanju Özcan (CHP) since local elections in 2019. It was the site of Ancient Claudiopolis and has also been called Eskihisar (“old fortress”) (and as such has several Turkish namesakes).

Bolu is on the old highway from Istanbul to Ankara, which climbs over Mount Bolu, while the new motorway passes through Mount Bolu Tunnel below the town.

The financial stability of Bolu 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 Bolu

 

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

 

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

 

  • Set goals based on how much rental yield will be required and the local rental yield rates in Bolu and be prepared to change your initial outlook.
  • Thoroughly research the Bolu location with a special emphasis on fringe areas outside the main Bolu metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Bolu.
  • Ensure that your target investment property in Bolu 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 Bolu provides the secure knowledge that your money is working harder than it would in a local Bolu 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 Bolu, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Bolu property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Bolu

Flipping property in Bolu

 

Flipping property is when we advise clients to buy a Bolu 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 Bolu market has a time to react to the renovation.

 

The Flipping Strategy in Bolu

 

Investment property flipping in Bolu 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 Bolu real estate investments are sometimes referred to by professionals as ‘distressed’ Bolu real estate.

 

What is distressed Bolu property:

 

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

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

 

Calculate profit that you make from Bolu investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Bolu 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 Bolu use a minimum profit value of 22% when looking at potential Bolu projects.

 

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

 

Invest through a Fund in Bolu

 

Property Secured Investments is a Private Equity fund that invests in Bolu 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 Bolu

For luxury property investors hoping to add a superb property in Bolu 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 Bolu, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Bolu should be entrusted to only the highest-quality agency.

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