Real Estate Rental FAQ

Real Estate Rental FAQ

How can I determine the right rental price for properties in Istanbul?
You can search for rental prices for similar properties in the same area, and consult real estate agents for accurate valuations.
Should a landlord inspect the property before renting it?
Yes, it is advisable to conduct a thorough inspection to ensure the safety and quality of the property, and to avoid legal and financial problems later on.
What are the common rental contracts in Istanbul?
Leases are often for a period of 1 to 3 years, but properties can also be rented for shorter or longer periods depending on the agreement.
What do I do if my tenant is late on rent?
You should contact the tenant to understand the reason, and if the delay continues, you can take legal action according to local rental laws.
Do rental contracts in Turkey include proof of property insurance?
Most leases should include provisions regarding property insurance, but it is important to check this at the time of signing the contract.
What does a rental contract in Istanbul usually include?
A lease typically includes details of the length of the lease, monthly rent amount, payment terms, maintenance responsibilities, and a security deposit.
Is it possible to increase the rent during the contract period?
The rent increase is usually specified in the contract itself, and must comply with local rental laws.
Can I use a real estate agent to rent properties in Istanbul?
Yes, a real estate agent can help you prepare contracts, market the property, and conduct necessary inspections, saving you time and effort.
How to get around Istanbul easily?
Public transportation such as metro, buses, trams and ferries can be used. Istanbulkart is an easy and convenient way to pay for transportation.
Do foreign investors need permission to rent property in Turkey?
Foreign investors generally do not need permission, but it is advised to check local laws and potential taxes.
What is the average rent price in major cities like Istanbul?
In Istanbul, rental prices have seen a significant increase recently. The rent for one-bedroom apartments in the city center typically ranges from 26.500 Turkish Lira to 51.000 Lira for three-bedroom apartments. Outside the city center, prices drop to around 16.900 Lira for smaller apartments and 32.000 Lira for larger ones, depending on the area and the general condition of the property. Rental prices are affected by the location and condition of the property, and lower-priced apartments can be found in neighborhoods away from the city center. However, many of these properties lack good amenities or basic services and may not provide the comfort that tenants seek.
What are the different types of rental properties in Turkey?
They include apartments, villas, houses, and commercial shops.
How can the rental value be determined?
The value is determined based on location, area, condition of the property, and available amenities, as well as by comparing prices in the area.
Can I rent a property without the owner being present in Turkey?
Yes, it is possible, but it requires a formal power of attorney from the owner.
How can a rental contract be terminated?
It can be terminated according to the terms mentioned in the rental contract, typically requiring written notice at least one month in advance from the party wishing to terminate.
Is it allowed to rent unfurnished properties?
Yes, it is allowed to rent unfurnished properties, but this should be clarified in the rental agreement to ensure both parties understand.
What should I do if I encounter a problem with the tenant?
It is advisable to communicate with the tenant first to resolve the issue. If no solution is reached, consulting a lawyer or a specialized real estate office may be necessary.
When should the tenant pay the rent?
Rent is usually due on the date specified in the contract each month, and it can be monthly or yearly.
Can I increase the rent after a certain period?
This is considered possible, but the increase percentage and timing should be specified in the rental contract, while adhering to local laws.
What are the owner's rights if the tenant does not pay the rent?
The owner has the right to take legal action to recover the owed amounts, which may include evicting the tenant from the property.
Is the tenant allowed to change or modify the property?
Typically, the tenant needs to obtain permission from the owner before making any changes or modifications to the property.
What is the timeframe needed to renew the rental contract?
Discussions about renewing the contract should begin one to two months before the current contract expires to avoid any interruptions.
Can I rent the furnished property for a higher price?
Yes, typically, the prices of furnished properties are higher compared to unfurnished ones.
Does the owner have the right to inspect the property during the rental period?
Yes, but the owner must notify the tenant in advance, in accordance with the contract terms and local laws.
Can I use a real estate broker to rent out my property?
Yes, using a real estate broker can facilitate the process of renting out the property and provide you with the necessary expertise and legal procedures.
What is the notice period that the tenant must provide?
The notice period usually ranges from 30 to 60 days, depending on the contract terms.
What happens if the tenant does not comply with the contract?
The owner can take legal action to evict the tenant or demand compensation, according to local rental laws.
ls contact us en