Home rental prices in city have risen up to 35 % in the last six months of 2015 as a ressult of requests. 100-square-metre width home in Besiktas which was rent out 2400 tl in the first quarter of 2015 is rent 3800 tl now.
Altough real estate sector meets with obstacle of political and election disturbance, 2015 which was broken record of sales with 1 million 200 thousand home, was a term of rent prices risen up. General manager of the Altın real etate Hakan ERİLKUN, who emphasize that especially in the second half of the year , it have had remarkable increase of rental prices, says “ At the familar city center has been 35 % increase of rental pricesin the last six months. In consequence of changes in the housing estate, there has been increae of rental prices thanks to requests. For example; while 100-square- metre width home in Beşiktaş has been rent out 2400 tl in the first quarter of 2015, today its price can rise up to 3800 tl. And a real estate in Halkalı which is priced at 700 Tl, can rent out 950 tl. “
It is expected 15 % increase in center
Hakan ERİLKUN who emphasize that rental prices will rice minimum 15 % in centers sech as Kadıköy and Beşiktaş, says that in a deep rooted centers like primarly Kadıköy, Beşiktaş , Beyoğlu where there is hardly new production, it will continue to be reflected in prices because of limited home capacity and available area. Hakan ERİLKUN emphasize that prices will be effected by current tenants who prefers to renew their contracts. And he continues “ As a result of limited rentable propert, it will be in evitable to be reflected in prices. As a result of increasing in rental prices in Halkalı and Bahçeşehir which is referred to new and modern İstanbul, tenants prefer to pay rental as a credit payment.”
65 % buying is at the real estate of rent proceeds.
Erilkun, who states that approximetaly 435 thousand real estate was sold on account, says “ Approximetaly 65 % real estate buying in İstanbul concentrate on rental proceeds real estate and investments. Thanks to these investments everywhere in İstanbul primarly in its level of income B or C, rental prices can rise up to A level of income. Today it won’t be correct to say real estate buying in this place is intense. Because according to both at first hand and at second hand consumers’ budget and opporunities of supplementary, buildings which were worthless find new consumers easily thanks to increase of their value as a result of urban transformation.”