One of the most important types of investment in Turkey is investment in serviced apartments in order to take advantage from the strong tourist in Turkey is investing in tourism leasing.
Serviced Apartments: are fully furnished apartments with hotel services available in it and investing in serviced apartments means buying apartments match serviced apartments criteria and rent it for tourists either for long or short term. but what are the evenues of this investment?
Investment in serviced aparetments , achieves a percentage of profits annually that reaches between 8 and 15% of the property value. This is due to the huge numbers of tourists that Turkey hosts annually, as it hosted in 2020 and despite the spread of the novel Corona virus Covid-19 pandemic, a number of tourists reached 16 million tourists across the country (the proportion of foreigners of whom 80.2 percent (12 million and 708 thousand). and 265) and 19.7 percent of Turks residing outside Turkey.). Moreover, Turkey has many advantages as a tourist country as it offers services to tourists, as well as the infrastructure and landscapes available in the country. These are all factors that help increase the profits of this type of investment in Turkey.
According to the data announced by the Turkish Statistics Authority, the number of tourism revenues amounted to 12 billion and 59 million and 320 dollars in 2020. Noting that that in 2019 the number of tourists visiting Turkey exceeded more than 50 million, and its revenues amounted to about 34 billion and 520 million dollar.
