Investment Property in Trabzon

Investment Real Estate in Trabzon

Investment Property in Trabzon
Investment Property in Trabzon

Trabzon property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Trabzon .

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Search Map of Trabzon Investment Real Estate

Trabzon (Turkish pronunciation: [ˈtɾabzon], Romeika: Trapezounta), historically known as Trebizond in English, is a city on the Black Sea coast of northeastern Turkey and the capital of Trabzon Province. Trabzon, located on the historical Silk Road, became a melting pot of religions, languages and culture for centuries and a trade gateway to Persia in the southeast and the Caucasus to the northeast. The Venetian and Genoese merchants paid visits to Trabzon during the medieval period and sold silk, linen and woolen fabric.
Both republics had merchant colonies within the city – Leonkastron and the former “Venetian castle” – that played a role to Trabzon similar to the one Galata played to Constantinople (modern Istanbul). Trabzon formed the basis of several states in its long history and was the capital city of the Empire of Trebizond between 1204 and 1461. During the early modern period, Trabzon, because of the importance of its port, again became a focal point of trade to Persia and the Caucasus.

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The financial stability of Trabzon has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Trabzon

Renting out your Trabzon buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in Trabzon are – preparation is key.

  • Set goals based on how much rental yield will be required and the local rental yield rates in Trabzon and be prepared to change your initial outlook.
  • Thoroughly research the Trabzon location with a special emphasis on fringe areas outside the main Trabzon metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Trabzon.
  • Ensure that your target investment property in Trabzon appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
  • You may think that managing your Trabzon properties yourself is an easy option, but are these savings justifiable when you run into Trabzon red tape? Physis Realty Trabzon office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Trabzon buy-to-rent sector.

With our expert guidance, investing in Trabzon provides the secure knowledge that your money is working harder than it would in a local Trabzon bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Trabzon, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Trabzon property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Trabzon

Flipping property in Trabzon

Flipping property is when we advise clients to buy a Trabzon property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Trabzon market has a time to react to the renovation.

The Flipping Strategy in Trabzon

Investment property flipping in Trabzon is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Trabzon real estate investments are sometimes referred to by professionals as ‘distressed’ Trabzon real estate.

What is distressed Trabzon property:

  • Trabzon property in need of renovation
  • Trabzon real estate with a change of purpose and use
  • Oversold Trabzon property
  • Bank repossessions in Trabzon

Put simply, long term investors in Trabzon purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Trabzon investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Trabzon property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Trabzon use a minimum profit value of 22% when looking at potential Trabzon projects. The reason for this is because there are lots that can go wrong in Trabzon property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Trabzon

For luxury property investors hoping to add a superb property in Trabzon to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

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A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Trabzon, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Trabzon should be entrusted to only the highest-quality agency.

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