Discount 25 % when pay cash

Search

Investing in Hotel Apartments in Istanbul

2023-12-27
Real estate investment in Istanbul
1271
Investing in Hotel Apartments in Istanbul
Contents table

Investing in hotel Apartments is A lucrative opportunity in the Heart of Turkey. Istanbul, a city that bridges continents, offers a unique investment opportunity in the form of hotel apartments.

These properties combine a residential apartment's comfort with a hotel's luxury and services, making them an attractive choice for investors.

In this article, we'll explore why investing in hotel apartments in general and why, especially in Istanbul, is a smart move in today's real estate market.

But! First things first. Let us understand the differences:

 

What is the difference between hotels and hotel apartments?

The difference between hotels and hotel apartments lies primarily in their structure, services, and intended use:

 

Structure and Layout

Hotels: Typically consist of rooms or suites with basic amenities like a bed, bathroom, mini-fridge, and a coffee maker. Suites might include a small living area.

Hotel Apartments: Also known as serviced apartments, these are more like residential units, offering additional space and amenities. They usually include a fully-equipped kitchen, a separate living area, and one or more bedrooms, making them closer to apartment-style living.

 

Services and Amenities

Hotels: Offer services including daily housekeeping, room service, on-site restaurants and bars, concierge, and sometimes recreational facilities like a gym or pool.

Hotel Apartments: While they may offer hotel-like services such as housekeeping (often less frequent), they emphasize self-catering. They might not have as many on-site facilities as hotels, but they provide a more home-like environment with kitchen and laundry facilities.

 

Intended Use and Duration of Stay

Hotels: Generally cater to short-term stays. They are ideal for travelers who stay a few days to a week and prefer dining out or ordering room service.

Hotel Apartments: Designed for extended stays, ranging from a few weeks to several months. They are preferred for business travelers on extended assignments, families on long vacations, or individuals relocating who need temporary accommodation.

 

Cost Implications

Hotels: Can be more expensive on a nightly basis, but the cost typically includes access to all of the hotel’s amenities and services.

Hotel Apartments: Often more cost-effective for long-term stays. The savings on meals and laundry can be significant since guests can cook and do their meals.

 

Audience

Hotels: Generally cater to tourists and business travelers looking for short-term accommodation with fullcomplete services.

Hotel Apartments: Appeal to those needing longer-term accommodation who prefer a more homely environment, such as families, long-term business travelers, or people relocating.

The choice between a hotel and a hotel apartment depends on the length of your stay, your need for space and self-catering facilities, and your preference for specific amenities and services.

 

What is the difference between hotel apartments and apartments?

Investing in Hotel Apartments in Istanbul

 

The difference between hotel apartments and regular apartments (or residential apartments) primarily revolves around their design, intended use, services offered, and leasing terms:

 

Design and Layout

Hotel Apartments: These are designed to offer the comfort of a home with the services of a hotel. They typically include fully furnished rooms, equipped kitchens or kitchenettes, and sometimes additional amenities like laundry facilities.

Regular Apartments: Regular apartments are residential units, usually unfurnished or semi-furnished. They feature standard living areas, including kitchens, bedrooms, and bathrooms, but without the extra services and furnishings in hotel apartments.

 

Services and Amenities

Hotel Apartments: Offer services similar to hotels, such as housekeeping, maintenance, security, and sometimes concierge services. They may also include amenities like gyms, swimming pools, and restaurants.

Regular Apartments: Typically, regular apartments do not include services like daily housekeeping or concierge. Amenities depend on the apartment complex and might consist of things like communal gardens or a gym, but these are generally more limited than those in a hotel apartment.

 

Intended Use and Duration of Stay

Hotel Apartments are ideal for travelers or business professionals who need accommodation for short- to medium-term stays. Are suitable for travelers or business professionals who need accommodation for short- They provide a more homelike environment than a hotel room for a few days to several months.

Regular Apartments: These are usually leased for extended periods, such as six months to a year or more, and are intended for long-term residential living.

 

Leasing Terms and Flexibility

Hotel Apartments: Often have flexible leasing terms, allowing for short-term stays. Rates can be negotiated on a nightly, weekly, or monthly basis.

Regular Apartments: Typically require a longer lease commitment, with rent paid monthly. They may also require a security deposit and credit checks.

 

Cost

Hotel Apartments: The cost might be higher than regular apartments due to including utilities, furnishings, and additional services.

Regular Apartments: Generally more cost-effective for long-term stays, especially since utilities may not be included in the rent, and tenants must manage their services and furnishings.

 

Target Audience

Hotel Apartments: Cater to travelers, business professionals, and those seeking temporary accommodation with home comforts without committing to a long-term lease.

Regular Apartments: Suited for individuals, families, or groups seeking a permanent or semi-permanent residence in a particular city or neighborhood.

In summary, while hotel apartments blend home comforts with hotel-like services for shorter stays, regular apartments offer a more permanent living solution with fewer services but greater personalization and long-term leasing flexibility.

 

Why Hotel Apartments?

Investing in Hotel Apartments in Istanbul
 

Hotel apartments in Istanbul, such as serviced apartments and apartment hotels, offer complete hotel services like laundry facilities, free Wi-Fi, and private kitchens.

These amenities not only cater to the needs of business travelers and tourists but also provide long-term accommodation solutions for those seeking extended stays in the city.

The flexibility of hotel apartments, ranging from studio units to multiple-bedroom apartments, meets various needs, from individual travelers to families.

 

The Appeal of Istanbul's Real Estate Market

Investing in Hotel Apartments in Istanbul
 

Istanbul's real estate market has consistently grown over the last few years, with a particular surge in the demand for hotel apartments.

Located in prime areas such as the central business district and the European side of Istanbul, these properties offer easy access to the city center, commercial units, and major attractions.

Istanbul's hotel apartments are profitable for foreign investors and those seeking suitable investment opportunities, thanks to their central location and potential for high rental yields.

Read also about Real Estate Investment Opportunities in Istanbul
 

 

Investment Opportunities and Benefits

 

N-466
Luxury Hotel Apartments with a Return on Investment in Dollars
Start with
360,000$
N-750
Hotel Apartments in Taksim Square
Start with
380,000$
Hotel Apartments in Taksim Square

Istanbul Europe,
Beyoğlu,

Hotel Apartments in Taksim Square

Ready

Hotel Apartments in Taksim Square
Cash
N-283
Experience High Life -  Your Gateway to a Vibrant Life
Start with
226,900$
Experience High Life -  Your Gateway to a Vibrant Life

Istanbul Europe,
Basaksehir,

Experience High Life -  Your Gateway to a Vibrant Life

Under construction

2025-08-30
Experience High Life -  Your Gateway to a Vibrant Life
Cash and Installment


 

Investing in hotel apartments in Istanbul provides numerous benefits. These properties are often situated in areas with high demand, such as near the Basin Ekspres, which is known for its business and commercial activities.

They offer a range of services to guests, including equipped rooms, on-site restaurants, and proximity to shops and daily necessities.

 

A Market Catering to Diverse Needs

The diversity of hotel apartments in Istanbul means there's something for every investor. Whether you're looking to buy a single apartment for rent or invest in a larger project, the city offers many investment opportunities.

Properties range from budget-friendly options to high-end, luxurious hotel apartments, each providing a unique living experience and investment value.

 

Ease of Investment for Foreigners

Buying hotel apartments in Istanbul has recently become more accessible for foreign investors. The Turkish government has streamlined investment processes, making it more accessible for international buyers.

Additionally, investing in specific properties can lead to Turkish citizenship, adding an extra incentive for foreign investors.

 

Top reasons to buy luxury hotel apartments for sale in Istanbul

Buying luxury hotel apartments in Istanbul presents a unique investment opportunity for several compelling reasons.

Firstly, Istanbul's status as a vibrant cultural and economic hub makes it an attractive destination for tourists and business travelers, ensuring a consistent demand for high-end accommodation.

The luxury hotel apartments in this historic city offer not just a place to stay but an experience, combining exquisite Turkish architecture with modern amenities and full hotel services.

Furthermore, Istanbul's strategic location bridging Europe and Asia boosts its appeal as a global city, enhancing the potential for significant rental yields and long-term property value appreciation.

Investing in these properties also allows for flexibility, as owners can use them for personal stays while visiting Istanbul or rent them out to tourists and business travelers.

The Turkish government's incentives for foreign investors, including potential residency and citizenship options, make this an even more lucrative venture.

The luxury hotel apartments in Istanbul represent not just a financial investment but also an opportunity to own a piece of one of the world's most historically rich and dynamically growing cities.

Investing in Hotel Apartments in Istanbul
 

 

Conclusion

Hotel apartments in Istanbul represent a unique blend of residential comfort and hotel luxury, making them an excellent choice for short-term and long-term accommodation.

With their prime locations, variety of amenities, and high investment potential, these properties are an attractive option for investors looking to capitalize on Istanbul's booming real estate market.

Whether for personal use or as a rental property, hotel apartments in Istanbul offer a profitable and versatile investment opportunity in one of the world's most vibrant cities.

 

Related Articles:

Buying Property in The City Center: A Comprehensive Guide

Investing in Green Buildings and Eco-Friendly Real Estate Developments

 Permanent Residence in Türkiye

Share:

Faqs

Yes, foreigners can buy hotel apartments in Istanbul. Turkey's property laws allow non-Turkish citizens to purchase real estate, including hotel apartments, provided they comply with the legal procedures and regulations.

Investors prefer buying hotel apartments in Istanbul due to high rental yields, the city's popularity as a tourist and business hub, the convenience of having professional property management, and the potential for capital appreciation in Istanbul's growing real estate market.

Buying a hotel apartment in Istanbul is generally considered a good investment. The city's thriving tourism sector and rising demand for short-term and quality accommodations provide opportunities for solid rental returns and property value growth.

Prices for hotel apartments in Istanbul vary widely depending on the location, size, amenities, and level of luxury. Generally, it starts from 150.000$. They can range from relatively affordable to high-end luxury pricing, accommodating a broad spectrum of investment budgets.