Buying Luxury Property in Ankara, Turkey as a Rental Investment

Ankara is the capital city of Turkey, and is situated in central Turkey, in the region of Anatolia. After Istanbul, Ankara is the second-largest city, and is seen as Turkey's economic and political focal point, and as such most of Turkey's embassies and ministries are located there.

As a result in terms of real estate investment, Ankara is seen as a stable location, with many multinational companies having their staff live and work there, which results in the luxury apartments and villa housing market secotors being well supported.

Buying a luxury rental property as an investment involves a combination of traditional real estate fundamentals and the unique considerations that come with high-end properties.

As an investor are the aims cash flow, appreciation, or mixture of both that is the expected result, and is this investment property a short-term rental or long-term lease.

The property may be used personally as well as being an investment for part of the year which is termed a hybrid investment, and this will depend of the net-worth of the individual, and how much personal usage is being considered.

A luxury property that is to be used as a rental property, has to be located in desirable areas for it to appeal, areas such as those with water views, seclusion, night-life and recreation activities.

Those with a high-income are often the types to look for a luxury rental in tourism or executive relocation market. To find just where are the BEST luxury rental properties in Ankara, Turkey, that are listed for sale as investments by real estate agents, will start with an online search via a listings portal.

When investing, due diligence is essential in any investment transaction, tax rates, and any local regulations should be reviewed etc. Hiring a real estate attorney is an essential part of the purchase process to ensure all legal paperwork is handled properly.