Turkey is one of the world famous tourist destinations, as millions of tourists flock every year to explore its ancient history and the beauty of its enchanting nature, but have you ever thought about how these tourist seasons benefit real estate investment in Turkey? Real estate investment during peak periods of tourism is an ideal opportunity to achieve rewarding financial returns and benefit from the continuous growth of the tourism sector.
In this article, we will shed light on how to exploit the tourism seasons in Turkey in real estate investment and benefit from them in various ways and we will explore the benefits of investing in tourist real estate and highlight the strategies that can be followed to achieve a profitable financial return.
Benefit from real estate investment in Turkey during the tourism seasons
Here are the most popular ways to benefit from the tourism seasons in Turkey through real estate investment in Turkey
Renting Turkish real estate to tourists
- Choose a property located in a major tourist area or in an attractive location close to the famous tourist attractions and main facilities and the location has an important role in attracting tourists and increasing rental opportunities.
- The property was presented in a fully equipped manner for the convenience of tourists and the necessary furniture and equipment must be provided, and basic amenities and services such as internet, air conditioning, and an equipped kitchen must be provided.
- Adopt an effective marketing strategy to promote your real estate and you can use various rental platforms on the Internet, tourism websites, and social media to promote your real estate and attract tourists.
- Providing exceptional, high-quality services to tourists can keep them coming back and recommending your property to others and provide excellent customer service and attention to detail hospitality.
- Sometimes it can be best to work with local short letting agencies, these short rental professionals can help you manage your properties.
Investing in tourist real estate in Turkey
- Turkey annually attracts millions of tourists from all over the world and tourists flock to the wonderful beaches, historical cities, and picturesque mountainous areas, which enhances the demand for tourist accommodation.
- Tourist real estate can achieve rewarding financial returns and you can rent real estate to tourists in the short or long term, and achieve positive returns from daily or monthly rents.
- Turkey provides a variety of tourist properties, starting from furnished apartments, villas, and tourist resorts, you can choose the property that suits your needs and budget.
- Given the continuous increase in the demand for tourist real estate in Turkey, there is a possibility that the value of the property will increase over time and you can benefit from this increase when selling the property at a later time.
- The Turkish government provides facilities and advantages for investing in tourist real estate, such as short rental programs and easy visa procedures for tourists.
Investing in tourist areas in Turkey
- Istanbul: Istanbul is a major tourist destination and the city offers a unique blend of cultures, history and modern life and it is possible to invest in apartments, hotels and shops in neighborhoods such as Taksim, Besiktas and Beylikduzu.
- Antalya: Antalya is a popular seaside resort in the Mediterranean, characterized by its beautiful beaches and mild climate and it is possible to invest in apartments, villas and tourist resorts in regions such as Konyaalti, Lara and Kemer.
- Bodrum: Bodrum is located on the coast of the Aegean Sea and is considered a luxury tourist destination and is famous for its stunning beaches and charming landscapes and you can invest in apartments, luxury villas, and tourist resorts in places like Yalikavak, Torgotren, and Gumbet.
What are the types of tourist real estate in Turkey ?
- Turkey is famous for having many high-level hotel apartments and luxurious facilities and hotel apartments can be bought and rented to tourists on a daily, weekly or monthly basis.
- In Turkey, there are many luxury villas and houses located in picturesque coastal areas or in beautiful rural areas and these properties can be bought and rented to tourists or used as private holiday homes.
- You can invest in tourist resorts that provide a wide range of facilities and services for tourists and tourist resorts include luxury hotels, golf courses, restaurants, shopping centers, spa pools, and gyms.
- Chalets and family parks are a great option for investing in tourist real estate and these properties provide a quiet environment and stunning landscapes, and are ideal for families and people looking for relaxation and entertainment.
Reasons that encourage you to invest in real estate in Turkey
- The real estate sector in Turkey has been witnessing sustainable growth over recent years and the increasing demand for real estate by locals and foreign investors enhances the value of real estate and contributes to achieving rewarding financial returns.
- Turkey enjoys a strategic geographical location between the European and Asian continents, which enhances its role as a commercial and tourist center and this distinguished location attracts tourists and investors.
- Turkey provides favorable investment legislation and policies that facilitate the real estate investment process and there are many incentives and facilities for foreign investors, such as obtaining a long-term residence permit and full ownership rights to real estate.
- Turkey's economy enjoys strength and political stability, which enhances confidence in real estate investment and the continuous economic development and political stability creates a suitable environment for investment and increases the demand for real estate.
- Turkey provides a wide variety of properties available for sale, ranging from apartments, villas, and country houses to hotel apartments, studio apartments, triplexes, duplexes, and penthouses.
- Obtaining Turkish citizenship by purchasing a property in Turkey worth $400,000 and granting it to the investor's wife and children under 18 years old.
- Benefit from the advantage of obtaining a real estate residence permit by purchasing a property in Turkey at a value of $75,000, provided that the pledge not to sell for a period of 3 years.
- The advantage of obtaining a Turkish passport after granting you citizenship on the territory of the Republic of Turkey and enjoying freedom of travel and movement and entry to more than 100 countries without a prior visa.
- The possibility of buying an apartment in Turkey in installments and distributing your payments over time periods agreed upon by the buyer and seller.
- Turkey has a vast network of transportation, as it includes various types of transportation, such as: dolmus, tramway, metrobus, and sea ferries.
- The Turkish climate is mild throughout the year, in addition to that, the country has many green spaces, gardens, and parks.
- The country is home to many hospitals, medical centers, and private and local clinics that provide the finest services to patients.
- Turkey is known for its excellence in the field of study, as it includes a large group of local and international schools and universities.
- There are many tourist areas, monuments and historical museums.
- It includes huge commercial centers, spacious malls, and international brand stores.
Common questions
What is the importance of investing in real estate during the tourism seasons in Turkey?
Investing in real estate during the tourism seasons allows you to achieve high returns and benefit from the high demand for tourist rentals during peak tourist periods.
What are the financial benefits of investing in tourist real estate in Turkey?
The financial benefits of investing in tourist real estate include increasing the value of the property over time and achieving financial returns from renting real estate to tourists during periods of high demand.
Is there a great demand for tourist rentals in Turkey ?
Yes, Turkey is witnessing a great demand for tourist rentals during the tourism seasons due to the beauty of the country, the diversity of tourist attractions and the rich culture.
The idea of buying real estate in Turkeyhas become popular among those interested in obtaining an ideal opportunity for housing or investment and take advantage of the appropriate real estate investment options in Istanbul to obtain a high return by communicating with our real estate consultants.
Do not forget that investing in real estate in Turkey is only a way to gain Turkish citizenship or real estate residencepermit that allows you to stay in the country legally and then acquire many of the privileges that a Turkish citizen gets.
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