Hotel apartments are the perfect choice for investment in Istanbul

When we talk about the city of Istanbul, we talk about the beauty of nature, the hospitable people, the delicious food, the mild weather in all seasons of the year, and Istanbul annually opens its doors to millions of visitors, as it set a new record last year with 51.7 million visitors, according to statistics announced by the Ministry of Culture and Tourism in Turkey for the year 2019, and the question here is: Do visitors to Istanbul prefer to stay in hotel apartments or in hotels?

In the case of traveling to Istanbul individually and for a short period, it is possible that a hotel room is a better option than a hotel apartment, due to the full hotel services,

But for those who travel in groups or large families for a long time, a hotel apartment in Istanbul that is equipped with all daily necessities, and which can consist of two or three bedrooms or more, is the ideal choice for them because it provides them with more comfort and much less cost than hotels.

For example, the cost of a night in a 4-star hotel room of 36 square meters in Istanbul ranges from $60 to $90, while at the same cost or even less, it is possible to stay in a hotel apartment in one of the luxurious residential towers close to the city center and transportation, with an area of ​​no less than 70 square meters, and this is something preferred by many visitors to the city of Istanbul, which is visited by various types of travelers for the purpose of tourism, treatment, real estate investment, and exhibitions that are held throughout the year.

Where are the serviced apartments located in Istanbul?

Whatever type of property you want to buy in Istanbul, you must see the most important areas where this type of apartment is available:

1- Sisli area:

If you are looking to buy a hotel apartment in Sisli, there are a few things you should know and take into consideration:

 Firstly, the prices of serviced apartments in Sisli vary according to the location and size of the unit. For example, a one-bedroom apartment in Sisli can cost between $500,000 to $1 million.

 Secondly, most of the hotel apartments in Sisli are rented by their owners to hotels or furniture rental companies, and this means that if you want to invest in them, you will get a lot of profits and returns over time.

2 - Sultanahmet area:

Sultanahmet district is the heart of the old city of Istanbul, and its hotels are among the most expensive hotels in the city. Another way to save money is staying in Sultanahmet and staying in one of the many budget hotels in the area and these are often just as good as the more expensive ones, and you'll save a lot of money.

3 - Taksim area:

If you are thinking of buying hotel apartments in Taksim, here are some things you need to know:

Taksim is located on the European side of Istanbul and is one of the most central areas of the city. It is well connected to other parts of Istanbul via public transportation and is within walking distance of many attractions, restaurants and shops.

There are many hotel options in Taksim ranging from luxury 5-star hotels to more affordable options and you can find a hotel that meets your needs and budget.

The rental income potential for investing in hotels is very large.

4 - Hotel apartments on the sea:

If you want to buy a hotel apartment by the sea in Istanbul, you should definitely consider the following factors: location, price, quality, and amenities.

Location: When it comes to the location, you should choose a place that is close to the city center and has a good view of the sea.

Price: The price of hotel apartments by the sea in Istanbul can vary greatly depending on the location and quality.

Quality: It is important to choose a well-built and furnished hotel apartment.

Amenities: You should also consider the amenities offered by the hotel before purchasing.

Among the most important features of the hotel apartments in Istanbul:

- Flexible rental contracts with advance payment on a weekly or monthly basis

- Fully equipped with furniture, all electrical appliances, and a private kitchen

- It is usually near hotels, city attractions and transportation networks

IstHomes real estate company always answers your questions:

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