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Investing in Istanbul hotels

Investing in Istanbul hotels

Turkey has become the best country in the eyes of investors from all over the world , as it has achieved its place among the investment countries with amazing progress , exceeding 17 places in a very short time .

Statistics in the real estate sector indicate a steady increase in foreign direct investment in Turkey , especially after the government took many encouraging decisions for foreign investment in Turkey , such as investment facilities , providing incentives , forming institutions that deal with investment issues , and following up foreign investments with benefit and interest .

Investments vary in Turkey , as it is a developing country , a great power , and a strong economy that welcomes all kinds of profitable investments , such as investment in the industrial , agricultural , commercial , tourism and real estate sectors , among others .

 

  • RH 163 - One of the best projects in Maslak , ready for housing with a view of Belgrade Forest 

Apartments for sale in Istanbul in a huge project like a full-service city , which includes a shopping center , 5-star hotel and integrated social facilities .

The project provides an ideal choice for housing and investment . The project was built in three phases : the units of the first residential phase have been completed and fully sold , the second phase includes shops and a shopping center , while the third and final phase is a mixture of residential and commercial apartments .

The project is located on the European side of Istanbul , specifically in Maslak , one of the largest real estate development areas in the city .

Maslak is one of the main central districts of Istanbul and it is one of the fast-growing areas of the city .

Maslak area is close to transportation links that will take you to all parts of the city in a few moments , and you can easily access the main areas and sights of the city .

Maslak is the ideal area for investment in Istanbul , where it promises high profits and high returns on investment in a few years .

The project is located only minutes away from Taksim and Levent , not more than 5 minutes from Bosphorus , and 25 minutes from  Istanbul's third airport , which gives it strategic and investment importance .

The project is located near the metro station and public transport .

The project is located in the Cendery Valley , among the regions of Istanbul that have gained the highest value .

The project is located next to Maslak and Levent , which provides a pleasant life with transportation opportunities .

The project attracts attention through its location close to shopping centers , arts , health facilities , transportation and education centers .

All the project details in this link : RH 163

 

Real estate investment is one of the most successful and strongest types of investment in Turkey , and it varies between investing in real estate , land and hotels .

Those wishing to invest in real estate in Istanbul benefit from the close interconnection between the tourism and real estate sectors in Turkey , where the city of Istanbul leads the Turkish mann in terms of demand to buy real estate , and it is also the first tourist destination for visitors to Turkey , and therefore many businessmen and owners of real estate investments go In Istanbul towards investing in Istanbul hotels .

 

 Types of investment in Istanbul hotels 

For all those who want to invest in hotels in Istanbul , there are three main types of hotel ownership, as follows :

  1. Build a new hotel in Istanbul :

This is done by building a new hotel or buying a building suitable for hotel investment , and this option requires the hotel to be licensed .

And the licenses granted to hotels according to the Turkish law are of two types :

  1. Commercial license : It is mandatory , and it is granted by the municipality of the region in which you are building the hotel , and the price of the license varies according to the hotel's location , specifications , and area , and it is not possible to start practically renting rooms inside the hotel unless he has a commercial license .
  2. Tourist license : It is not mandatory , as it is granted by the Ministry of Culture and Tourism , although it is not required , but it contributes to increasing the confidence of customers and hotel guests , especially tourists looking for high-class hotels .

This is the best way for those looking to invest in Istanbul hotels with a specific design , a specific idea , or according to a décor or a special concept that he thinks about . Building from scratch gives you a wider space and complete freedom to implement what you want .

This option also has its disadvantages , and from that long period , the increased burden after the opening is to obtain consumer confidence and loyalty , given that the hotel is new and needs massive marketing plans , unless the hotel is a branch of a well-known and popular hotel chain , this shortens the side Related to marketing and promotion .

 

  1. Buy a ready hotel in Istanbul :

This option saves the investor a lot more time and effort than the first option , and offers can be obtained for ready hotels in Istanbul at competitive prices , and this option also provides licensing procedures , and legal and routine procedures accompanying this .

But at the same time , the buyer or investor must be prepared to deal with two important challenges , the first challenge is to accept the hotel in its current form , it will not necessarily be according to the design or concept that he envisions or desires , so he should search well and review several offers to make the right decision , or to make repairs to the decor and idea it provides .

The second challenge lies in the reason that prompted the hotel owner to sell it . Often , the reason may be related to poor hotel revenues . This makes you a big confrontation if you do not have a feasible plan for investing in promoting the hotel and taking profits .

 

  1. Buying hotel apartments in Istanbul :

It is the easiest and most economical way to save money and effort , and if its profits are limited to the number of hotel apartments that you buy , the chances of success are also related to the advantages of the hotel or complex that includes the hotel apartments that you have purchased .

Hotel apartments are distinguished from all furnished apartments , as they are within a complex or hotel containing all the hotel services that a tourist or visitor needs during his stay in the hotel .

 

  • RH 2 - Hotel concept apartments, Rotana project in Istanbul

For those who are looking for the best real estate investment opportunities in Istanbul , this project will yield an annual investment return of at least $ 20.000 .

The project was built on a land area of ​​10.000 square meters , it is a single tower with 31 floors distributed as follows :

The first 8 floors are 152 fully equipped five-star hotel rooms ,

2500 square meters commercial area to secure the full needs of guests and residents . The remaining floors of the building consist of 153 luxury apartments .

As of the residential floors, which are 17 , they are of multiple options , 1+1 or 2+1 with one or two bathrooms .

Luxurious reception room on the ground floor with a 7.5-meter roof , with user-friendly touches and welcoming guests .

The basement has been designated as safe parking for vehicles with surveillance camera .

The first three floors were also designed for parking but with open spaces as well as a large showroom .

The fourth floor includes a large restaurant with an area of 300 square meter as well as a bakery and a cafe with an area of 100 square meter .

Luxurious meeting room on the 5th floor .

The next eight floors are the hotel rooms and have been placed from the 6th floor to ensure that each of the floors has distinctive views .

The 14th floor was devoted to sports activities , sauna , swimming pool , massage room , steam and Jacuzzi .

Kitchens are facilitated with fridge , washing machine and dishwasher , as well as gas and flat oven .

100% reflective glass has been approved for exterior cladding to give full view of the exterior .

The location of the project in Basin Express indicates that it is within the area of ​​gathering of hotels , large companies , shopping centers , commercial and educational centers as well as hospitals and universities , and this area was specifically designated as the best destination for real estate investment in Istanbul for the years 2019 , 2020 .

The most prominent feature of this project is its location between the main roads in Istanbul , E5 and TEM Highways which provides easy access to Istanbul International Airport .

It is close to the seaport of Bakirkoy ( 15 minutes ) , Mall of Istanbul , the largest mall in Europe ( 5 minutes ) and the metro , which will be opened soon in that area ( only three minutes away from the project site ) .

Project's details in the following link : RH 2

 

 Is investing in Istanbul hotels a profitable investment ? 

Considering that hotels depend on daily or weekly leasing , they have good returns , and may reach an annual return of 10-15% of the capital , and it is expected that the capital will be restored within 7 to 9 years .

In addition , the room rent in a hotel in Istanbul for one day ranges from $ 40 to approximately $ 100 depending on the hotel classification , and the hotel apartment rent per person for one day starts from $ 20 to approximately $ 80 , and this requires a feasibility study for the investment project In a hotel or hotel apartment , and this matter is considered more comfortable for real estate investors , especially after the application of the Real Estate Valuation Law in Turkey , which guarantees them access to the hotel or hotel apartment at real prices .

Also , investing in hotel apartments or hotels in Istanbul is one of the fastest ways to obtain Turkish citizenship through real estate investment in Turkey .

 

 Projects suitable for Turkish citizenship 

RH 80- Apartments with Bosphorus view and suitable payment plans in Sisli 

A first class residential and investment project in the center of Sisli , specifically in the fast growing Bomonti area .

The project is located in one of the most famous areas on the European side of Istanbul , Bomonti district , a growing area that attracts the attention of investors at the moment , which is characterized by easy access to the most vital places in the city , and its proximity to shopping centers , airports , hospitals , universities and schools .

The project location is just 8 minutes away from Taksim .

This project has been designed in line with the highest quality standards in real estate in Turkey .

All apartments have private balconies with views of Istanbul or the Bosphorus .

The project includes special facilities that provide residents with comfort and entertainment and meet all their needs such as swimming pools , gym, walking paths , sport courts and restaurants , in addition to surveillance cameras and security .

Invest in this project today and benefit from its prices which will increase by 40% after the completion of the project .

All the project details in this link : RH 80

 

 Advantages of investing in Turkey : 

  1. Turkey usually treats the foreign investor in a way that is close to the local investor at a rate that may reach 100% , which is one of the most important advantages of investing in Turkey .
  2. The Turkish economy is among the most economies around the world that have a brilliant future . Expectations indicate that during the next ten years it will become one of the fastest growing economies around the world , because of its attraction of $ 15 billion in foreign investment annually , and the amount increases every year , as it is the sixteenth economy around the world .
  3. The population of Turkey helps to invest money , as the population of Turkey is 77.7 million , and Turkey is the largest in terms of youth in relation to the European Union , not only that , but also that its population of young people enjoys a high degree of culture and education .
  4. The infrastructure in Turkey has advanced high technology in all the things that a successful investment requires from transportation , remote means of communication and advanced marine transportation facilities and is characterized by its low cost .
  5. Low corporate income tax from 33% to 20% , and technological development areas and free and industrial areas are characterized by incentives and tax benefits, there is a total or partial exemption from corporate income tax , Turkey is characterized by laws that support innovation , research and development .
Eresin Project