Debunking the myth: why investing in property for rent in Turkey is a profitable solution

It is widely believed that investing in rental property in Turkey is a bad idea. The popularity of all-inclusive hotels is said to be driving down the demand for rental properties.

However, this is a myth based on a poor understanding of the Turkish property market. Let's look at why buying a rental property in Turkey can be a very profitable investment.

This myth is partially true, but only for a narrow segment of the market. All-inclusive hotels are indeed popular, but mainly in the resort areas of Antalya - Kemer, Belek and their environs, focused on short-term tourism. In other regions of Turkey, such as Istanbul, Izmir, Ankara and many other cities and resorts, they are much less common. The demand for rental housing in these regions remains high and stable.

Why is renting in Turkey profitable?

1. Local approach: The choice of location is a key factor for success. You should not focus only on popular resorts with all-inclusive hotels. The diversity of Turkey's regions provides ample opportunities for real estate investment with high returns.

2. Domestic tourism: Turkey is a country with a population of over 85 million people. Domestic tourism is actively developing, and locals often prefer to rent apartments on a daily or long-term basis for traveling around the country. This ensures a stable flow of tenants regardless of the season.

4. Shortage of quality properties: There is a shortage of properties with a modern design, quality furniture and convenient layout on the Turkish real estate market. Investments in the renovation and arrangement of the apartment will allow you to stand out from the competition, attract more solvent tenants and set higher rental rates.

5. Tightening of short-term rental rules: The Turkish authorities are tightening the rules of short-term rentals, requiring licenses, consent of neighbors and registration of tenants with the police.

This leads to many owners switching to long-term rentals, reducing competition in the short-term rental market. However, compliance with all legal regulations when renting out housing is the key to a successful and legal business, which guarantees a stable income without the risk of fines and other sanctions.

Investing in real estate in Turkey for rent is a promising direction if you approach the issue wisely. Choosing the right location, taking into account the specifics of the rental market, high-quality development of the property and compliance with the law are the keys to success. Do not take myths about the unprofitability of such investments as truth. With careful planning and a balanced approach, renting real estate in Turkey can become a source of stable and high income.

Have you decided to buy real estate in Turkey as a profitable investment, personal residence or obtaining citizenship? Contact us!

Mercury Group specialists offer individual solutions for each client:

• we will monitor the market and select real estate in Turkey that meets your criteria;
• we will accompany you at all stages of the turnkey transaction;
• we will prepare the necessary package of documents for obtaining citizenship in Turkey.