My Apartment Renovation in Istanbul - Case Study with numbers

I bought an apartment last year in Istanbul and decided to make a full renovation / remodeling of the unit. In this video we go through the results with my interior designer along with all the costs and how much rental yield and income I could expect to make.

🇹🇷 Get in touch with Angelina: angelina@thewanderinginvestor.com

🇹🇷 Video of the apartment from last year PRIOR to the renovation and remodeling: https://youtu.be/kX5I_idpCb8

00:00 Introduction
01:08 Viewing of renovated and remodeled apartment in Istanbul's textile disctrict
06:46 Expected renovation costs in Istanbul
07:35 Actual renovation and remodeling costs in Istanbul
08:20 Current renovation and remodeling prices in Istanbul
09:00 Inflation in construction in Turkey
10:10 Current market value of the apartment
11:40 Current rental value and capitalization rate
13:00 Running expenses of an apartment in central Istanbul

🇹🇷 Information on the Turkish Citizenship by Investment program: https://thewanderinginvestor.com/services/residency-and-citizenship-by-investment/obtain-citizenship-by-investment-in-turkey/

🇹🇷 Analysis of the Istanbul real estate market: https://thewanderinginvestor.com/international-real-estate/making-a-real-estate-investment-in-istanbul-turkey-overview-and-what-to-watch-out-for/

🇹🇷 Playlist on Turkey: https://www.youtube.com/playlist?list=PLW4EvJzvxM8g_MXIQgs7Db8prbZcC_KRA

📌 Subscribe to the Youtube channel: https://www.youtube.com/channel/UC1EOqi1UVw2Byy8jc-glFMQ?sub_confirmation=1

▬▬▬▬▬▬▬▬▬▬ 🔧TOOLS AND RESOURCES🔧 ▬▬▬▬▬▬▬▬▬▬

🔧 My favourite low-fee brokerage for trading stocks internationally: https://www.interactivebrokers.com/mkt/?src=wanderinginvestory3&url=%2Fen%2Findex.php%3Ff%3D1338

🔧 Get $1000 off Capitalist Exploits' contrarian investment newsletter by using this link: https://capexinsider.com/wandering-investor/?orid=86184

🔧 Data driven Investment Newsletter with very active community. Easy to try for one month: https://marhelm.com/
Use code WANDER to get 20% off

🔧 Great mining stock tips: https://independentspeculator.com/?ref=ladislasmaurice%40gmail.com

▬▬▬▬▬▬▬▬ 🏠FREE INTERNATIONAL REAL ESTATE RESEARCH🏠 ▬▬▬▬▬▬▬

🏠 Check out the bottom of this page for on-the-ground research articles on little-known international markets: https://thewanderinginvestor.com/services/international-real-estate-services/

▬▬▬▬ ✈️INTERNATIONALIZATION AND DIVERSIFICATION CONSULTING✈️▬▬▬▬

✈️ With my Internationalization and Diversification Consulting I help people aim for better yields, get better banking, explore interesting residencies, obtain citizenships, and increase their freedom. https://thewanderinginvestor.com/internationalization-and-diversification-consulting/

✈️ Who is The Wandering Investor? https://thewanderinginvestor.com/about/

▬▬▬▬▬▬▬▬▬▬ 🔑INTERNATIONAL TAX CONSULTING🔑 ▬▬▬▬▬▬▬▬▬▬

🔑 Do you have any international tax questions? Get in touch with my tax experts: https://thewanderinginvestor.com/international-tax-consulting/

▬▬▬▬▬▬▬▬▬▬ ⛰FOLLOW THE WANDERING INVESTOR⛰ ▬▬▬▬▬▬▬▬▬▬

The Wandering Investor travels around the world to explore a World of Opportunities and share his investment research. The goal is to help individuals reach freedom and prosperity through the use of internationalization & diversification strategies.

⛰ Join The Wandering Investor's FREE Private List: https://thewanderinginvestor.com/private-list
⛰ Instagram: https://www.instagram.com/thewanderinginvestor/
⛰ Twitter: https://twitter.com/wander_investor
⛰ Linkedin: https://www.linkedin.com/company/the-wandering-investor/
⛰ Facebook: https://www.facebook.com/thewanderinginvestor/
⛰ Subscribe to the Youtube channel: https://www.youtube.com/channel/UC1EOqi1UVw2Byy8jc-glFMQ?sub_confirmation=1

https://thewanderinginvestor.com

▬▬▬▬▬▬▬▬▬▬ DISCLAIMER ▬▬▬▬▬▬▬▬▬▬

No part whatsoever of the discussion and presentation is, or should be considered as, investment advice, financial advice, legal advice, or tax advice. Always do proper due diligence and speak to a qualified professional advisor in your jurisdiction. Also, be advised that Ladislas Maurice and The Wandering Investor staff may own real estate or investments in the specific markets or opportunities that are discussed. The Wandering Investor may also have marketing agreements in place with certain opportunities that are mentioned.