Will Rental Furnished Flat Prices Increase?

In general, furnished flats and residences generate 30-50% more rent than unfurnished rentals.

Will Rental Furnished Flat Prices Increase?

In general, furnished flats and residences generate 30-50% more rent than unfurnished rentals.
It is expected that a property owner who decides to turn the house into a furnished one and rent it while unfurnished, is expected to amortize the price to be paid for the items in an average of 2 years.
After this basic furnished residence rental pricing information, I would like to turn to the question of whether the prices of furnished flats and residences will increase, which is the subject of my blog post.
The very serious increase in value in foreign exchange and precious metals is known. The reflection of these is a raise in everything. This is one of the reasons for the increase in rental prices of furnished housing.
One of the main issues that determines the price is demand. What is the status of the demand for renting a furnished apartment? The proportion of foreigners in the demand for furnished housing rental throughout Istanbul is not low. Considering the chaotic situation in the nearby geography, along with the depreciation of TL against foreign currencies and the ease of entry into Turkey, I think foreign demand for furnished apartments will be at a palpable level in the coming period.
Considering the prices of the goods on the domestic side, I do not think that there will be at least a decrease in the number of people who prefer to live in a ready-made house.
In the current environment where buying a house is getting harder and harder, I think the demand for rental flats will increase.
As a result, I think that the rental price level of furnished flats and residences will increase significantly in the coming period. 

What's Your Reaction?

like
0
dislike
0
love
0
funny
0
angry
0
sad
0
wow
0