Advantages of buying hotel apartments in Istanbul

Advantages of buying hotel apartments in Istanbul

Have you thought about buying hotel apartments in Istanbul? It is a great idea, especially if you want to invest in real estate and make a large profit without having to wait for long periods before obtaining it.

The editorial team at Tamam Lama Real Estate Company in this article will shed light on the most important details related to this type of apartment and its investment status, an enjoyable read.

Advantages of investing in hotel apartments in Istanbul:

With its rich cultural heritage, vibrant nightlife, and array of attractions, Istanbul is one of the most popular tourist destinations in the world, meaning that there is always a high demand for accommodation options in this city - making it a great place to invest in a hotel apartment.

Hotel apartments offer more space than traditional hotels and therefore can command higher prices. This means that investors can benefit from higher rental returns compared to other types of real estate investments.

As the Turkish economy continues to grow, so are real estate prices across the country - including in Istanbul. Investing in a well-located serviced apartment now can mean reaping significant capital gains in the future as demand for accommodations rises and prices increase accordingly.

Another advantage is that you can charge higher rental prices than other cities due to the high demand for accommodation in Istanbul. In addition, the city has a strong economy and active real estate market.

The city is constantly expanding its infrastructure and developing new projects - allowing investors to take advantage of these developments by including their properties in it and this means that your investment can rise significantly over time.

Tips when buying hotel apartments:

 If you want to buy a hotel apartment in that city, here are the most important tips and advice that you should take into consideration, including the following:

1 - When investing in any type of real estate, the location is the basis, so make sure that the location of your investment property is close to attractions and facilities such as restaurants, shopping centers and transportation centers, and the closer your location is to these landmarks, the more likely it is to be rented by travelers or expats looking for a suitable place to stay during their visit.

2 - Take your time to research the local market before investing. Look at past and current trends to determine if there is an increase or decrease in demand for hotel apartments and other types of real estate near your chosen location. This information can help you decide whether to invest now. Worth it in the long run or not.

3 - Working with a real estate agent or broker who specializes in serviced apartments can help ensure that you get the best deal possible.

4 - You should also know the target market and its needs when investing in hotel apartments in Istanbul, as this will help you determine the type of apartment most suitable for your investment and how you can better attract customers to stay in it.

5 - Consider investing near popular tourist attractions or areas with high demand from businesses or residents looking for short-term housing.

Advantages of real estate investment in Istanbul:

One of the main advantages is the potential for high returns on your investment. Many investors have succeeded in buying properties at low prices, then renovating them and reselling them at higher prices. With Istanbul's booming economy and ever-expanding population growth, there is a lot of demand for apartments, which makes it an ideal choice for those who are looking to make a profit through real estate investments.

Another advantage of investing in Istanbul real estate is the abundance of tax incentives available to property owners, as Turkey offers generous tax breaks on rental income and has one of the lowest corporate tax rates in Europe, making it an attractive place to invest money in long-term projects such as buying real estate or developing land to apartments or commercial buildings.

Buying hotel apartments in Taksim:

Apartments in Taksim are within walking distance to all major tourist attractions and tourist sites such as Istiklal Street, Galata Tower, Dolmabahce Palace and more! There are shopping malls, restaurants and cafes around for you to explore easily.

Buying hotel apartments in Fatih:

Fatih is one of the oldest districts in Istanbul, with a lot of historical attractions such as the Blue Mosque and Topkapi Palace and it is also close to modern attractions such as shopping malls and nightlife.

The demand for serviced apartments in Al-Fateh is high because of its convenient location and proximity to many tourist attractions, and this means that your investment will have great potential to appreciate over time.

Buying hotel apartments in Sisli:

Buyers of serviced apartments in Sisli have access to some of the best amenities and services around. Not only do you find a variety of restaurants, cafes, and shops nearby, but you will also find plenty of parks and green spaces perfect for relaxing after a long day.

With its proximity to many tourist attractions such as Taksim Square and Istiklal Street, it is easy to make the most of your stay in this vibrant city.

Buy your apartment in Istanbul with Tamam Lama Real Estate Company:

Are you looking for the perfect apartment in Istanbul? Well, look no further because Tamam Lama Real Estate Company has got you covered! We offer the best apartments in Istanbul that come with amazing amenities such as swimming pools, a gym, and modern kitchens and our experienced team of agents will help you find an apartment that perfectly fits your needs and budget.

Furthermore, our team is dedicated to providing excellent service and assisting our customers with any questions or concerns they may have. We offer customized solutions tailored to each individual's needs and strive to provide the best possible service at all times.