5 replies to this topic

[benhalterci]

My next door neighbour finally sold her flat quickly and rather cheaply to a property developer. He had the flat gutted and completely renovated over a six week period where the workers managed to cause a leak to the flats below them and knocked out two windows (facing my bathroom but apparently the windows were there before but bricked up and anyway they are also bathroom windows) which covered my windows in brick dust and messed up the courtyard below which they still have left stuff in.
Erm...to cut a long story short..the developer was asking a high price for the property in today's still-depressed climate but as some of the regulars on this forum will know I live in a noisy neck of the woods and the other side of the building is VERY noisy as they directly overlook all the bars and restaurants and so the noise is 24/7 plus they have security problems as they all have balconies overlooking the street below. I bumped into one or two potential buyers when it was for sale and they were all concerned about the noise.
Finally, the developer gave up trying to sell it and gave the tapu to one of his relatives, a snobby rich Turkish lady who lives in Nistantasi which is an upmarket part of Istanbul. According to the nice student girl who rents the top floor (the only normal person here and sadly due to leave quite soon), this new neighbour wants THREE THOUSAND TURKISH LIRA per month as a rental price! She has had it nicely renovated but it ain't a villa overlooking the Bosphorus and for a 110 sq metre rental in such a noisy place she'll only get students who can't afford that price. Even rich parents would consider that rent exhorbitant!
Needless to say my new neighbour is moaning about having to pay for repairs to the common parts despite the fact we have holes in the basement which is letting rats in. She said she doesn't own one of the basement depots so it is none of her business so I smiled sweetly at her and said it would be her business if her prospective tenant found out about the vermin:))

[Abi]

Good grief 3000 TL she must be living in cuckoo land.

[mitchmoud]

Good grief 3000 TL she must be living in cuckoo land.

One too many zeros? I am beginning to count my blessings after some of thse posts about neighbors. What I can't grasp is that they cannot see their property is also devalued. Is this mostly a rental problem?

Edited by mitchmoud, 26 August 2010 - 06:21 PM.

[Cukurbagli]

That's ridiculous, I'd be tempted to keep an eye out for potential renters and tell them about the rats, or has that idea already been thought of ?

[sunny]

Too many people expect too high a rent and then wonder why nobody wants their place.
For 3000 I would expect a luxury place with a pool and other amenities.

[benhalterci]

Cukur's, I've already told Ms Rich b*tch that if she doesn't pay her whack of fixing the common parts then I will tell her tenants about the rat. You should have seen the look she gave me! The glossy facade dropped and she became pure poison. I gave her an equal evil eye and said no Turk scares me.
Mitchmoud the historical properties in central Istanbul have not dropped like the rest of the country due to scarcity value and continuing demand to live in the historical centre. But the supply of rental property has increased and the rental prices have accordingly fallen. But landlords here are arrogant and as Sunny says, would rather their property stands empty than accept a lower rental.
When this flat went on the market I so hoped we would get a) someone normal and an owner resident and not another greedy speculator but the noise on that side of the house put off buyers and the continuing tapu ban on foreigners that has been in effect since 2005 hasn't helped. As a rule Turks buy to let here but foreigners buy to live in the properties.