Rental property prices

Bewitched


Joined: 15/08/2010
Posts: 11

Message Posted:
16/08/2010 14:01

I've noticed while looking for rental property that most of the sites advertise the monthly price in sterling... Does anyone know why? Is there a site that advertises in TL? As most people working will be earning in TL surely it makes more sense to advertise properties in the local currency???

the butler


Joined: 22/06/2007
Posts: 1958

Message Posted:
16/08/2010 14:28

Hi Bewitched,



I think it is because the majority of people who rent their properties are Brits. Wherever you are in the world you always tend to convert the local currency in to sterling so that you know what the item costs. As the currency fluctuates up and down I think it is safer setting the rental prices in sterling to protect your rental income.



The butlers wife

Bewitched


Joined: 15/08/2010
Posts: 11

Message Posted:
16/08/2010 14:56

Ah ok. That makes more sense! Its just trying to work out what would be affordable in TL makes it a bit confusing! Maths was never my strong point lol

fiendishpaul


Joined: 18/05/2008
Posts: 1720

Message Posted:
16/08/2010 14:58

Bewitched



Just multiply the sterling cost by 2.35 and you will have a fairly accurate idea of the cost in TL.



Paul

Bewitched


Joined: 15/08/2010
Posts: 11

Message Posted:
16/08/2010 15:05

Thanx...i was workin on 2.26. Small but subtle difference!