Features of staying in an hotel apartment in Istanbul

What are hotel apartments? And what is their importance of investment?

Features of staying in an hotel apartment in Istanbul

Certainly, one of the main reasons that attracts you to buy real estate in Istanbul is the great diversity of the real estate market in this city. From this, it has become a wonderful destination for real estate investment, intended for investors, businessmen and everyone looking for excellence and sophistication.

One of the most important types of real estate that you will find in Istanbul is (hotel apartments), and the editorial team at TUR PROPERTY has chosen to share with you all the information related to it, its advantages and many other details that interest you about it.

 

What do hotel apartments in Istanbul mean?

It is one of the most important types of real estate in Istanbul and is often found within luxury and modern residential complexes and is equipped in a high, modern and elegant style to be suitable for its residents to have a different and distinctive lifestyle.

It is full of modern hotel apartments, which appear in all its aspects and details in terms of luxurious décor, quality of finishes, services provided, and many other details.

It is worth noting that this type of apartment is the most expensive among other types of apartments and real estate in this city, and this is what made it suitable for owners of high budgets, businessmen and the rich.

 

The most prominent advantages of living in hotel apartments:

It is certain that your choice to live in these apartments will be followed by a lot of privileges, and through the following paragraph we will highlight them in full.

1- Modern decorations:

These apartments are designed to be suitable for everyone's tastes without exception, as they are provided with modern and upscale decorations and luxurious comfortable furniture. What you do not know is that these apartments are often furnished in order to meet the needs of everyone who lives or rents them, especially during the tourist seasons.

 

2 - According to smart systems:

In order to ensure the comfort of those who will live in these apartments, construction companies are keen to design them according to smart systems that make the individual face fewer responsibilities, comfort and greater luxury.

 

3 - Strategic locations:

In order to build and construct hotel apartment complexes, wonderful and distinctive locations are chosen in the center of Istanbul, such as the Sisli district, or in areas equipped with advanced and modern means of transportation so that it is easy to reach, as well as close to airports and others.

 

4 - Hotel services:

In the complexes that contain this type of apartments, the administration is keen to provide all hotel services that provide residents with a life full of comfort, luxury and distinction, most notably:

- Permanent and periodic maintenance.

- Cleaning services.

- Service and leisure facilities.

- Guarding and security throughout the day and night.

- A wonderful view, often of the sea or the green spaces.

 

What about investing in hotel apartments in Istanbul?

There is no doubt that investing in hotel apartments in Istanbul is one of the most successful forms of real estate investment in that city at all, according to the high population density witnessed by that city and on the other hand, because it is a tourist destination for many.

Among the information that you should take into consideration is that these apartments can be invested in more than one way, the most important of which are:

Apartment rental:

One of the most famous ways of real estate investment is to rent apartments to obtain a rewarding and fixed monthly return. Add to your information that the prices of hotel apartments are constantly increasing due to the increased demand for them, especially in the tourist seasons.

 

Resale:

Many investors choose to invest in hotel apartments by reselling them after a period of time in order to take advantage of the price difference between the buying and selling stages.

 

In the context of talking about this option of apartments, we must tell you that they are very suitable for obtaining Turkish citizenship for two reasons: the first is that their prices are high as we mentioned above, and the second is that construction companies are keen to build them in accordance with the conditions for obtaining it.

 

How are hotel apartment prices determined?

The factors that determine the prices of hotel apartments in Istanbul vary, and they are as follows:

- The location of the apartment and its proximity to the city center.

- Service and recreational facilities nearby.

- The floor on which the apartment is located.

- The view you overlook.

- Quality furniture and luxury design.

- The number and size of the apartment rooms.

 

The importance of real estate investment in Istanbul:

Regardless of the type of property, a residential apartment, a commercial property, or other types of real estate in Istanbul, there is a set of privileges and motives that encourage foreigners, despite their different nationalities, to be their first undisputed destination, and through the following paragraph we will review the most important of them:

- Obtaining real estate residency when the property price is at least 75,000 US dollars.

- Apply for Turkish citizenship when the price of the apartment is 400 thousand US dollars or more.

- Get high profits because real estate prices in Turkey are constantly increasing.

- High quality and modern specifications conforming to international standards.

- Real estate prices in Istanbul are moderate compared to prices in similar European cities.

- Ease of procedures for buying and owning real estate in Turkey.

- Tax deductions and exemption from the value added tax for those who buy a property for - the first time.

- The great diversity of real estate puts you in front of many specifications and prices.

- Developed infrastructure and unique strategic projects that have a significant impact on the real estate sector.

- High population density and unique geographical location on two continents (the European continent and the Asian continent).

Whether you want to buy hotel apartments in Istanbul or other types of apartments and other real estate, you can contact us so that we can provide you with a range of distinctive real estate options suitable for you and your goals, and we will provide you with a set of important tips and advice that help you choose easily.

 

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