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Residential real estate investments in Istanbul yield a real earning of 0.54% in April 2009

Ahmet Kayhan, CEO, REIDIN.com.

Ahmet Kayhan, CEO, REIDIN.com.

Residential real estate investments in six major Turkish cities have caused a profit to the investors in real terms in April 2009, according to Reidin.com, the world's first and leading global online information services provider, with Istanbul and Bursa emerging at the top of the list by recording profits in real terms of 0.54% apiece; followed by Adana and Ankara, both with 0.52%.

The figures, which were adjusted by inflation rate according to the Consumer Price Index, also reflected 0.51% rate of profit in Kocaeli, and 0.42% in Izmir. In line with its aims to aid real estate market professionals operating in Turkey and the region, Reidin.com is underlining the benefits of 'INDEXFocus', a tool that enables users to establish house price differentials, conduct property valuation and perform multiple simultaneous market analysis in Turkey. 


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