Home Rentals Turkey

One site that offers a variety of furnished rental apartments in Istanbul is Home Rentals Turkey. The company run by Catherine Erhun offers a range of rental properties that are not much advertised in other sites. A quick look at the page can help finding alternative properties if you already checked out other sites.

Throughout the portfolio, it is possible to find apartments for as low as 550-750 euros per month and most of the other apartments listed fall into the 1,500 - 3,000 euro p.m. range.

While there are several listings in the Asian side of the city as well, the majority of the apartments are located in the Cihangir, Nisantasi, Asmalimescit neighborhoods in the European part of Istanbul. There are also some other properties available in the Princess Islands, Antalya and Bodrum.

If searching for furnished apartments in Istanbul, the site is definitely worth a look.

Contact Info for Home Rental Turkey:
Address: Valikonagi Cad. Samsun Apt. 57/6 Nisantasi - Istanbul - TURKEY
Telephone: +90-212-241-1758
Fax: +90-212-241-1758
E-mail: info@homerentalsturkey.com

There is also a contact form available on the website.

Prices Rise Slightly in Istanbul for Furnished Accommodation

Prices for furnished rentals in Istanbul seem to be in the rise over the past 6 months. Property managers seem to have increased the rental prices on their websites by 10 - 20% since the beginning of 2010.

Most of these lanlords offer apartments all inclusive since the guests usually stay short term around 2 to 4 weeks. It is not really possible to charge short term guests for the utlilities and other expenses unless the actual bill is received for the term they stayed in. Such expenses also are on the rise and this effects the bottom line for the landlords.

Also, there seems to be an incresing demand from foreigners for furnished apartments and rooms.

Prices Recover in Beyoglu.

Although there are no reliable source or centralized listing service to follow up on the real and current property sale prices in Istanbul, according to some sources the property prices in Beyoglu has recovered around 10-15% in the past 6 months to almost reach the previous peak levels in 2008.

The brokers confirm the extensive increase in interest during the last 6 months and the number of transactions completed increased substantially.

Let us know if any of you can find reliable data we can publish that shows the statistics during the last 3 years covering the peak prices, the downturn following the global crisis and the governement;s desicison to stop sales to foreigners and the recovery period.

Serviced Apartments Istanbul

Serviced apartments Istanbul is another source to find articles, opinions and news about the rental apartment industry in Istanbul. Although the site is new, more info is like to follow.

Art as a part of Furnished Rental Living Spaces in Istanbul

It has been a while since we last posted on this blog. It is time we get back to posting more frequently and share the latest news and information about the developments in the furnished apartment industry in Istanbul.

CCD, an Istanbul located property manager which we previously covered, have added several objects to their portfolio. Most of the new properties are located in Aynalicesme and Harbiye regions of Istanbul.

One unique aspect of CCD's portfolio is that the company promotes art as a part of their project development and design of their apartments. The company designs and builds art studios and galleries in buildings in combination with living spaces and aims to attract more tenants and promote these neighborhoods using art.

The company has several objects in development and more information to follow soon...