ernest
27-04-2006, 08:24 AM
Ok this is a difficult one.
I bought a 2 double bedroom apartment, off-plan in Calis, Turkey 2.5 yrs ago, for £66k. It was ready last year and I made about £2k last year on lettings during the season.
I have seen a "relsale" going through at www.hanelshouses.com of a similar property for £96k , but it's mid terrace , hasn't got as many windows etc.
The complex is on the summer site. Now do I sell my current apartment and reinvest in another off plan or continue letting as I think the letting market out here is pretty saturated but the investment potential is enourmous ?
Anyone have any experience on what I should do?
Many thanks
Ernest
I bought a 2 double bedroom apartment, off-plan in Calis, Turkey 2.5 yrs ago, for £66k. It was ready last year and I made about £2k last year on lettings during the season.
I have seen a "relsale" going through at www.hanelshouses.com of a similar property for £96k , but it's mid terrace , hasn't got as many windows etc.
The complex is on the summer site. Now do I sell my current apartment and reinvest in another off plan or continue letting as I think the letting market out here is pretty saturated but the investment potential is enourmous ?
Anyone have any experience on what I should do?
Many thanks
Ernest