Investment Property in Edirne

Invest in Real Estate in Edirne

Investment Property in Edirne
Investment Property in Edirne

Edirne 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 Edirne .

Search Map of Edirne Investment Real Estate

Edirne (, Turkish: [ediɾˈne]), formerly known as Adrianople or Hadrianopolis (Greek: Άδριανούπολις), is a city in Turkey, in the northwestern part of the province of Edirne in Eastern Thrace. Situated 7 km (4.3 mi) from the Greek and 20 km (12 mi) from the Bulgarian borders, Edirne was the second capital city of the Ottoman Empire from 1369 to 1453, before Constantinople became its capital.

The city is a commercial centre for woven textiles, silks, carpets and agricultural products and has a growing tourism industry. In 2019 its estimated population was 185,408.

Edirne has an attractive location on the rivers Meriç and Tunca and has managed to withstand some of the unattractive development that mars the outskirts of many Turkish cities.

The town is famous in Turkey for its liver. Ciğer tava (breaded and deep-fried liver) is often served with a side of cacık, a dish of diluted strained yogurt with chopped cucumber.

The financial stability of Edirne 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 Edirne

 

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

 

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

 

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

Flipping Investment Property in Edirne

Flipping property in Edirne

 

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

 

The Flipping Strategy in Edirne

 

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

 

What is distressed Edirne property:

 

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

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

 

Calculate profit that you make from Edirne investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

 

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

 

Invest through a Fund in Edirne

 

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

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

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