The Role of Tourism Real Estate in Promoting Investment in Algeria

Abstract

People consider tourism real estate one of the important investment mechanisms. It involves using real estate in areas designated as tourist areas or areas of tourism expansion. It has become a preferred investment option for both domestic and foreign investors due to the legal privileges granted to this form of investment, both in substance and procedure. Investment in tourism real estate in Algeria also contributes to job creation and thus helps reduce unemployment, It also encourages investment, which can contribute to the state’s public treasury if tourism real estate resources are utilized as intended. Therefore, tourism real estate should be developed in accordance with modern models that allow investment objectives to be achieved by current generations while preserving tourism real estate for future generations, within the framework of sustainable development.