TRYP by Wyndham Izmir Point Bornova: 7-Year Fixed USD Income, Then an Estimated (Not Guaranteed) 12–14%
Why this matters
A 7-year fixed income period is a real, contractual guarantee — but treating the follow-on 12–14% as equally guaranteed would be a mistake the developer's own FAQ explicitly warns against. Reading the fine print here changes what you should actually budget for after year 7.
Project details
130 rooms (with a contractual allowance for up to +10% more), 11,000 m² total, 4 floors, a 4-star city hotel integrated into the Point Bornova shopping mall in Izmir's most active commercial and residential district. Operates year-round with no seasonal closure. Completion: March 2027. Room types: Standard, Premium, Suite. On-site: fitness room, meeting rooms, lobby bar/cafeteria, and an outlet of BigChefs — a Turkish restaurant chain with 120+ locations, also owned by the AKVO holding group.
Ownership structure: fractional shares (0.25 / 0.5 / 1.0 of a room) or full rooms; starting price roughly $69,500 for a 0.5 share (Standard Plus). Buyers receive a commercial-property title deed. Title deed costs: 2% paid by the investor, 2% by the construction company.
Income structure: a fixed, guaranteed monthly USD income for the first 7 years (usufruct-style payments), starting 6 months after signing and paying 50% or 100% per the payment plan. After year 7, income shifts to the hotel's actual performance, distributed monthly and proportional to each investor's contracted share. The average investment payback period is stated as 7–10 years.
Operating agreement: 20 years, with AKVO GY to evaluate a further 20-year renewal with Wyndham based on hotel performance — a 20+20 structure, not open-ended.
Costs: AKVO GY covers all room maintenance costs for the first 5 years; after that, costs specific to an investor's room/share are deducted from that investor's own income by joint decision.
Local demand drivers cited by the developer: 1,400+ SMEs in the immediate area, Ege and Yaşar universities, Vestel, and a new BYD car factory planned in nearby Manisa — framed as sustained business-travel demand, not tourist seasonality.
Not included: residency or citizenship — the developer's FAQ states plainly that foreign investment in this structure does not confer a residence permit or citizenship.
Frequently asked questions
Is the 12–14% return actually guaranteed?
No — only the first 7 years carry a fixed, guaranteed monthly USD income. The developer's own FAQ describes the 12–14% figure as an estimated percentage based on rooms in high-demand areas, not a guarantee for the period after year 7.
Does this investment come with Turkish residency or citizenship?
No. The developer's FAQ states explicitly that foreigners can invest, but the investment does not confer a residence permit or citizenship.
Who covers maintenance costs, and for how long?
AKVO GY covers all room maintenance costs for the first 5 years. After that, costs specific to a given room or share are deducted from that investor's own income, by joint decision — not spread across all investors.