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Tourism real estate investment in Istanbul and its advantages

Tourism real estate investment in Istanbul and its advantages

The smart investor is the one who searches for the material that society needs and there is a lot of demand around it in order to invest in it, based on the statements of some experts specialized in this matter who praised the necessity of choosing the material most in demand in society to invest in. Starting from the nature of the tourist country, the best investment is in tourist real estate, especially when we are in the city of Istanbul, as it has the largest share of tourist attractions and landmarks. 
But what types of tourist properties are there in Istanbul? What is the most prominent investment in these real estate? You can find out everything related to this topic through the following article. 


What is the tourist real estate in Turkey? 


Before you delve into any kind of investment in Turkey, you must be fully familiar with it in order to know what you are going to. At the outset, you must know that tourist real estate is everything that serves the tourist and meets his purpose and needs during his stay in Turkey, most notably restaurants, cafes, shops, hotel apartments, etc. 


Types of tourist real estate in Turkey and the most important tips when investing: 


1 - Commercial malls: 


-Malls are among the places that a tourist prefers to go to when visiting a country in order to meet his needs on the one hand and on the other hand to see the architectural style and qualities that characterize these places. 
-These malls are known to contain a large number of shops that contain various goods and products, some of which include international brands. 
-Inside the mall, there are many restaurants and cafes for the convenience and luxury of the tourist to take a rest after a big shopping tour between its corridors. 
- In order to obtain large investment returns, care should be taken to design it according to modern foundations, and to choose a strategic location for it close to public transportation for easy access. 


2- Hotels: 


-It is considered one of the most important investment options, because it is the first destination for the tourist, through which he can meet all his needs. It is also the best for those looking for high investment returns, especially in the tourist seasons. 
- In the context of investing in hotels in Istanbul, it is recommended that the property be chosen in a thoughtful way, such as being close to main roads or close to tourist sites. 
-It should be equipped with surveillance cameras and security guards. It is important that it be periodically subject to maintenance and modernization work and be accompanied by many sources of lighting, modern designs and luxurious furnishings. 


3- Restaurants and cafes: 


It is one of the places frequented by all segments of society, tourists and local citizens as well. There are many restaurants in Istanbul that offer the best Arabic, oriental and Turkish food. 


4 - Tourist villas: 


Within the tourist areas or near them, villas can be chosen for investment, as many tourists prefer to stay in them during their stay in them in order to obtain a wide area of ​​privacy and comfort, based on their large areas. 


What are the advantages of investing in tourist real estate in Turkey? 


-Turkey occupies a unique geographical position through which three countries of the world mediate and oversee the most important seas in the world, and Istanbul extends within two of the world's continents. 
-Istanbul is characterized by a developed infrastructure that contributes to giving more investment importance to the region, and this city hosts the most important mega projects such as Istanbul's new airport, the new water canal, express transportation lines, tunnels, and others. 
- A lot of facilities provided by the Turkish government to foreign investors, such as tax cuts, easy ownership procedures, and others. 
- By purchasing these real estate, it is possible to obtain Turkish citizenship if its price is at least two hundred and fifty thousand US dollars, provided that it is not sold before three years have passed from the date of its purchase. 
-Real estate in Turkey is known for its modernity and is designed to be earthquake resistant. 
-Real estate prices in Turkey are appropriate and cheap if compared with real estate prices in other countries. 
-Exempting the foreign investor from value-added tax, which is in tourist and commercial real estate. 
*One of the most important advice given to those who are going to buy a tourist property in Turkey is that general standards, the correct heating system, ventilation outlets, and other public safety systems must be available.

 

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice .
- Property Management.
- After-sales services .
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.

 

Editing by Ramzy Real Estate Team ©

 

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