Being one of the world’s most popular tourist destinations, reaching 40 million annually, Turkey offers unique opportunities to foreigners who want to invest in the tourism sector of Turkey. With its historical and natural areas and numerous beaches with blue flags, Turkey is a world famous country in the tourism sector.
Turkey is a country where there are different types of tourism such as religious, historical, natural, therapeutic, educational, cultural and sports. Turkey offers summer, winter, nature and cultural tourism that can be experienced four seasons through suitable accommodations appropriate for every budget. Therefore, Turkey is the favorite of foreign tourists for many years. In 2018, Turkey was the 6th most popular tourist destination in the world according to UNWTO. The number of foreign travelers arriving in Turkey in 2018 was 46 million according to the Ministry of Culture and Tourism. With its central location, great potential, mega projects, and targets set for 2023, the tourism sector continues to grow.
With regard to religious tourism, Turkey is among the few countries in the world that is home to sites from a number of major religions. There are a total of 316 sacred sites, 167 of them belong to Islam, 129 to Christianity, and 20 to Judaism.
When it comes to summer tourism, Antalya is the most preferred city in Turkey based on the number of foreign visitors. Visited by 32 percent of the foreign tourists in 2018, Antalya has over 500 4-star and 5-star hotels in its center and surrounding towns such as Kemer, Belek, and Kaş. Bodrum, an important district of Mugla, is another most popular tourist attractions in Turkey. Bodrum’s real estate market has always been on the rise. It is one of the favorite vacation spots for both locals and foreign tourists. Its wonderful sea and amazing nature makes Bodrum an opportunity that is quite hard to find for a good investment.
Turkey has 7,200 km of coastline and ranks 3rd among all countries with its 463 blue-flag beaches. Based on 2018 tourism figures, Forbes Travel has ranked the world’s top 10 most-visited cities, with Istanbul coming in at 8th place.
The Turkish government has provided incentives to both domestic and foreign investors to encourage investment in tourism sector such as reduced utility prices and reduced tax rates, while also pursuing policies aimed at removing any bureaucratic barriers that may prevent growth in the tourism sector.
If you are interested in investing in the tourism sector of Turkey, we offer some of our properties:
