We have started negotiations to rent a fully furnished building in the Nişantaşı area.
Following referrals from property owners whose apartments I had previously rented out in different parts of Beşiktaş, we have begun negotiations to rent furnished apartments in new buildings in the Nişantaşı area.
Renting a property furnished is a valuable alternative for maximizing its value, provided the process is managed correctly from start to finish.
Is it better to sell an empty building or one with tenants?
In my opinion, each property's scenario is unique and should be evaluated within its own context.
If we're talking about a building in Nişantaşı that was previously rented furnished, I would approach the subject like this: Who would buy a new building in Nişantaşı? My answer is most likely an investor.
When an investor considers buying a building, they predominantly look at the mathematics of the situation; other factors remain in the background.
Selling an empty building in Nişantaşı reminds me of selling a precious metal raw without processing it.
However, if the building were furnished, well-maintained, and designed with quality,
and then rented to high-income individuals domestically and internationally, both the income would increase and its attractiveness to investors would grow.
We have begun discussions with the owners of the building regarding valuation and targeted marketing.
They stated that their priority was selling.
After examining their situation through my questions, I initially suggested increasing the building's current value by renting it furnished.
We will continue working with an "External to Internal" approach.
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