There is a visible increase in the number of serviced apartments in Istanbul over the past few years. Turyap added a new serviced apartment property in Besiktas to their portfolio of 3T residences.
Several individual entrepreneurs are also either renting or acquiring properties with multiple units to rent out to prospective visitors planning to visit Istanbul and seeking furnished opportunities.
Serviced apartments Istanbul is also a site dedicated to providing information about the serviced apartment properties in Istanbul and provides location, amenities and other specific information about new developments.
Serviced apartments, considering the expansion in number of offerings in the market, will soon be a good and cheaper alternative to hotels. These types of properties are cheaper for medium term stays due to less overhead costs involved and also provide more personal space than hotels.
However, a chain of these type of apartments witha strong brand name is still non-existant in the market. There is a great chance for a developer and manager to enter the market, create their brand and pioneer the domestic market.
We will keep providing more information about the property managers and new developments in Istanbul.
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