Hotels for sale in Turkey, Turkey is one of the most popular tourist countries in the world and tens of millions of tourists visit it every year, making the tourism sector the most important investment.
Turkey is known for having some of the most luxurious hotels with distinctive facilities that not many other hotels elsewhere offer.
So Nirvana property offers insight and in-depth analysis on buying hotels for sale in Turkey.
Why look for hotels in Turkey?
Hotels in Turkey are among the most luxurious hotels in the world. They have hundreds of rooms and great views, especially the Seaview.
They have wonderful entertainment facilities such as swimming pools, the famous Turkish bath, steam rooms, playgrounds, and their beach if the hotel is located by the sea, but there are not only luxury hotels; there are many small hotels, especially in the old and historical areas, which are very famous and popular and have a unique design with Turkish character.
Both Istanbul and Antalya are known for having hotels for sale in Turkey and the most popular international hotel chains and 5-star hotels.
Buying hotels for sale in Turkey
Tourism is one of the most important sectors to invest in Turkey, as the country is important both in terms of tourism and economy, and has fantastic natural views and special historical sites that do not exist elsewhere.
- When buying a hotel in Turkey you need to do a very specific scheme and analysis of your budget, and the location of the project: first in a tourist city and then in an area where tourists visit frequently.
- The location is very important as the proximity to the airport, for example, and historical or famous places increase the likelihood of success of the hotel as tourists want to book a hotel near their places of movement more than in any case which will increase the price of the project.
- Identifying the targeted customers of the hotel is based on several bases, the most important of which is the target language, which will decide which employees you will search for, their expertise, and number, which will determine your budget and the success of your business plan and your sales plan. In nature, the customer usually heads to work that offers services that suit him more.
All these things must be determined before looking for the initiative that will decide your budget and business plan.
You can also take a look at Apartments for sale in Turkey
A general overlook of hotel prices in Turkey
Property prices in Turkey are cheap compared to other European private countries, so foreign investors head to Turkey to invest in the real estate sector.
Prices for hotels in Turkey vary entirely based on
- Location (city and proximity to its center, airports and tourist areas, and available views such as Seaview hotels)
- Design (in terms of its existence, construction materials, and other details)
- Size and number of rooms available, services and facilities offered
- It can be said that prices are usually at least 500,000 euros.
Besides luxury hotels in Turkey, there are also small and boutique hotels in Turkey, and they are available in large numbers for those who are looking to invest in real estate in Turkey but they are on a tight budget, but don’t get it wrong they still have their special charm, especially to locals.
Alongside with small hotels but for a bit of a higher budget that usually comes with 50 rooms or more.
You can also take a look at Villas for sale in Turkey
Why are hotels for sale in Turkey notable for foreign investors?
You have probably heard of “it takes one to know one” and foreign investors can probably identify very well the demands of tourism in Turkey as they are also the same in a way.
However, foreign investors in Turkey enjoy the same rights as any other investor such as low taxes and making a profit off of low-priced properties.
Therefore, buying a hotel in Turkey will probably be a huge and perfect way to make a profit in Turkey, especially in Istanbul and Antalya where most tourists and hotel businesses focus.
If you are interested in this topic, Nirvana property professionals can and will help you find the most suitable options and provide you with all the information you need considering your plans and budget.
We also have other articles related to this that you must check out such as articles about Turkish Citizenship and Property for sale in Turkey and Istanbul which are helpful subjects to read about if you are looking to invest in Turkey.