The Jaw-dropping Profits Of Istanbul Housing

Güncel Haberler

Turkish Statistical Institute (TÜİK), each month announces the returns for investments; the yields are calculated net of inflation and are shown as net profits or losses. Among those who decide on different investment options to protect their savings against inflation, in the past one year, those who have invested in the dollar seem to have made the most profit. As of June, dollar investors look as if they have profited 27 percent. This figure, even when the 7.2 percent inflation is deduced, corresponds to a 19 percent return. Dollar investors have gained 18 percent profit in the past six months and this figure, net of inflation, has reached 12.5 percent in the past six months. What about Istanbul profits? While TÜİK is monitoring the returns of financial investments, it excludes house prices. As a matter of fact, those who have adequate savings to buy a house, investing in real estate is also an option. When annual return is considered, real profits of especially Istanbul and certain Anatolian provinces are above the dollar.

Turkish Statistical Institute (TÜİK), each month announces the returns for investments; the yields are calculated net of inflation and are shown as net profits or losses.

Kaynak: Demirören Haber Ajansı / Güncel

Antalya, İzmir, Politika, Güncel, Haberler