Advantages of Tourism Investment in Turkey:

Turkey is considered the perfect place do many investments due to the availability of all the ingredients to success, and one of the most prominent field to invest in is tourism, as Turkey in the recent years has become a famous destination for tourism investment because its attractive lifestyle and reasonable prices and perfect location, that provides a wide variety of features including the possibility to achieve high profit returns from these investments.

Best Tourist Real Estate Types for Investment:

Most important tourist real estate types to invest in Turkey is hotels, rental apartments to spend vacations, and resorts, each type offers unique features and potential returns, as hotels offers the opportunity to generate profit from multiple sources including room and restaurant reservations, while rental apartments to spend vacations offers a more practical approach to invest in the tourism field as it allows investors to manage their own properties and benefit from short-term rentals, in the other hand, resorts can offer a steady flow of revenue, from residence fees to means of comfort like: spa, golf fields, and other available recreational activities.

Advices Regarding Tourism Investment in Turkey:

Turkey is increasingly considered an attractive destination for tourism investment, with the beautiful Mediterranean Sea cost, the rich cultural heritage, and the vibrant cities, Turkey has become a major European tourist attraction, and in order to achieve the most benefit from this thriving industry, the potential investors should look in many factors such as: seasonal tourists in each region, the quality of the infrastructure in the traditional destinations, and the ways to increase their investment returns in the best manner, in additions to the incentives offered by the Turkish government which can help investors to achieve a great return from their investments through planning and researching the current market conditions.

The Most Popular Nationalities for Tourism in Turkey:

Turkey is a famous tourist destination for many different nationalities, and the most popular nationalities for tourism in Turkey in British, German, Russian, American, and Iranian Tourists, these nationalities form the majority of Turkey’s visitors each year, as they’re attracted to a unique mixture from culture and history, in addition to its fascinating nature, and offers amazing privileges for money compared to European countries.

What Are the Advantages of Tourism Investment in Turkey:

1. The capital of the three empires: as it was a capital of the Roman, Ottoman, and the Byzantine civilization, which deeply establishes its ancient heritage.

2. Its unique and charming location: as it located between the Asian and European continents and surrounded by sea from multiple angles as some has named it a peninsula.

3. Also, it has lots of green spaces, and its climate is close to the European countries’ climate.

4. Its strong infrastructure which offers all what a tourist could look for from beautiful specialized markets both old and new.

Best Districts for Tourism Investments in Turkey:

1. Başakşehir district in Istanbul:its location which is close to the city and Istanbul airport contributed in making it a magnet to the Arab investments especially those from the Gulf.

2. Maslak: The existence of this district inside Sariyer area in Istanbul made it a great opportunity to be an incubator for luxury tourism and real estate projects.

3.Beylikduzu of Istanbul :It is distinguished by its modern architectural renaissance and gigantic real estate projects overlooking the Sea of Marmara.

4. Sultan Eyup district: One of the attractive tourist areas in Istanbul, where it includes the mosque of the companion Abu Ayyub al-Ansari, which is a destination for many tourists, especially Muslims.

Estimated Returns from Tourism Investment in Turkey:

Tourism work fields In Turkey in general and Istanbul in particular are many and varied, therefore, we will demonstrate a glimpse of the expected returns from one of these sectors, which is real estate investment process in Turkey:

1. The annual return on regular rent ranges between 4% and 8% of the property value.

2. The annual return on long-term investment (if the property was furnished) ranges between 5% and 8% of the property value..

3. Best investment type regarding return is tourism rental aka hotel rental, its annual return ranges between 8% and 15% of the property value.

And to know more about the investment incentive system from conditions and special requirements in the real estate sector, you only have to reach out to Europ Homes Real Estate, as you will find a team of expert consultants ready to provide the most wide and accurate information.