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The return on housing in Turkey has risen, boosted by higher rentals. Experts highlight a drop in terms of investments in real estate in Turkey from 25 to 20 years on average across the country, but return rates vary by location and look like this:
- in Ankara – 17 years;
- in Mersin – 19 years;
- In Antalya – 20 years.
The figures are for long-term rental income. Short-term rental fees are typically higher, implying an even shorter payback period for property investments. This statistic supports the viability of investing in Turkish real estate.
