Types of Turkish Tourist Real Estate and Investment Opportunities
Turkish tourist real estate encompasses various types of properties catering to the country’s tourism industry, given its appeal to over 40 million tourists annually.
who come to explore Turkey’s natural and historical attractions.
These properties are essential for serving tourists and meeting their needs during their stay in Turkey.
Here’s a breakdown of the content:
1- Turkish Tourist Real Estate:
- These properties are used to provide tourism services to visitors in places known for attracting tourists, such as restaurants, cafes, and resorts across Turkish regions.
- Tourist real estate covers a wide range of services, including food and beverage services, and includes hotels with various local and international ratings.
- Additionally, it encompasses shopping malls, daily and weekly rental hotel apartments, and summer houses near the sea (chalets), as well as commercial properties like tourist offices.
2- Types of Turkish Tourist Real Estate:
Turkey offers a variety of tourist real estate types to provide different services to tourists and visitors, including:
- Turkish Malls: Investing in commercial malls falls within the tourism sector as they provide a convenient shopping experience for tourists and visitors, contributing to Turkey’s shopping tourism.
- Turkish Hotels: Turkish hotels receive millions of tourists annually from around the world and generate annual profits ranging from 8% to 15% of the investment value.
- Hotels in Turkey are categorized based on the quality of hotel services, furnishings, infrastructure, designs, and other factors, with classifications such as 3, 4, and 5-star hotels.
- Other Tourist Properties: This category includes various types of properties that offer tourism services, such as shops, tourist offices, restaurants, cafes, and resorts.
3- Advantages of Investing in Turkish Tourist Real Estate:
- Turkey’s strategic geographic location between Europe, Asia, and Africa, as well as its proximity to the Middle East and the European Union.
- Abundance of natural and historical tourist attractions, including beaches, forests, mountains, palaces, museums, and more.
- Turkey serves as a financial and business hub in the Middle East and Europe.
- The Turkish Ministry of Culture and Tourism launches comprehensive tourism programs for foreign tourists, including medical tourism visas and other incentives.
- Easy access to Turkey by air, land, and sea, with numerous border crossings and connections to neighboring countries.
- Turkey offers a wide range of tourism centers and activities, both summer and winter.
- Internal airports facilitate travel within the country.
- Lower costs for tourism activities and living expenses compared to Europe.
- Cultural, historical, and religious diversity and freedom of beliefs in Turkey attract tourists from all over the world.
4- Importance of Investing in Turkish Tourist Real Estate:
- Investing in Turkish real estate, particularly in the tourism sector, is a preferred method for generating high-profit returns.
- Turkey’s richness, historical heritage, and tourism appeal necessitate a continuous supply of tourist properties to serve millions of visitors, resulting in profits in various foreign currencies.
- including the US dollar, Euro, Saudi Riyal, Qatari Riyal, Emirati Dirham, Kuwaiti Dinar, taking advantage of exchange rate differentials with the Turkish Lira.
5- Government Facilities to Encourage Investment in Turkish Tourist Real Estate:
- Exemption of foreign investors from paying value-added tax in commercial and tourist shops, subject to specific conditions, including the import of foreign currency.
- Support for construction materials in rural areas and hotels, covering over 60% of the construction value.
- Providing designated land for reduced prices for tourist investments, such as hotels and resorts.
- Reducing the value-added tax on operational materials imported from 18% to 8%.
- Reducing property transfer fees for all tourist real estate from 4% to 3%.
- Reducing the value-added tax for commercial shops from 18% to 8%.
6- Tips for Investing in Turkish Tourist Real Estate:
- Choose a strategic location for the tourism project to ensure easy access for customers.
- Ensure that the project complies with health standards, including natural ventilation, lighting, heating, and more.
- Select a property with a suitable area for the intended tourism investment, whether hotel apartments, hotels, restaurants, cafes, or resorts.
- The proximity of the tourism project to commercial markets and Turkish tourist attractions facilitates the movement of tourists.
The Golden Group for Investment offers various investment opportunities in Turkish tourist real estate, with options in different cities and regions.
For more information, you can visit our official website or contact our customer service department directly through our social media platforms
