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Commercial property for sale

£578,682

Istanbul, Marmara, Turkey

like this property?

Call: 020 8339 6036

Key features:

  • Bathrooms: 10
  • Floorspace: 375m2
  • Furnished
  • 10 minute drive From Beach
  • 30 minute drive From Airport

Full description:


  • Nine one bedroom, one bathroom luxurious individual suites

  • Each suite has a separate living room, kitchen & is fully furnished

  • Five minute walk from Taksim square, transport links on your doorstep

  • Excellent investment opportunity with capital growth & rental income


We are delighted to offer this unique apart hotel for sale, which is located just 500 metres away from Taksim Square in Beyoglu, the cultural, political and entertainment centre of Istanbul.


Taksim and Beyoglu are famous with a large variety of restaurants, bars, cafes, clubs, art galleries and much more. Large crowds come here every day, making this a perfect investment option.


The building itself is located in a rapidly developing residential neighbourhood surrounded by several large scale commercial and residential projects.


Following investments and wonderful properties are situated within 100 to 200 metres away, such as; the new Acibadem Hospital, Ofton Residence, the Rixos Hotel, the Divan Hotel, and the San City commercial centre.


Further hotels are with 200-400m which include the Hyatt Regency Hotel, Hilton Hotel, Ritz Carlton Hotel, Inter-Continental Hotel, Istanbul Congress & Exhibition Centre and the Hilton Convention Centre, however, there is nothing as unique as this on the market in this area at this price. You can make a very good income from this investment, or enjoy this building as your very own private luxury residence in such a prime location.


The local transportation available such as the Taksim Subway station is located only 300 metres away. Also at the nearby junction there are two major roads and highways, as well as the Kabatas sea port and tramway station, which is 600 metres away, access to all major bus lines are within a two minute walk.


The building stands on a plot size of 90 square metres, the base of the building is 75 square metres and it is five stories high. Total covered area is 375 square metres and there are nine individual units, each offering a 1+1 layout, i.e. separate bedroom, a living room with an open kitchen area and a separate bathroom. The units are 37 square metres each and there each have air conditioning, a fitted kitchen and there is a natural gas boiler on each floor


The building was built in 1954 and it has been renovated twice in 2008 and 2011. It currently operates as annex building to a hotel in Taksim and used for short or long term stays. The occupancy is around 75-80%. As well as nine suites, there is also an office, a technical room and an employee bathroom.


The area is very close to Taksim, but is still undervalued and has not reached its saturation levels, therefore it has big potential for capital growth in value.


The residential project, which faces this property, markets at 8.000 USD per gross m2. This level gives a large profit margin for potential developers who would like to create a new design and concept in this wonderful building.


This residence offer fantastic investment potential in one of the very best locations in Istanbul city centre, do not miss out on this unique opportunity to own and develop this building in such a historic and vibrant area.


This pin shows the exact location of the property as provided by the Advertiser

Nearest Airports*

  • Atatürk (International), 16.8 miles
  • Sabiha Gökçen (International), 35.7 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Spot Blue International Property, Surbiton

Link House,140 The Broadway,Surbiton Surrey KT6 7JE,England
020 8339 6036  Local call rate
About Spot Blue International Property, Surbiton

Spot Blue offers unbiased and impartial advice about buying property and land in Turkey, along with a wealth of local Turkish knowledge. Whatever your price-range, we offer you a fantastic choice of locations and properties from the best and most reliable builders. We make sure you get the very best property for your budget and to make sure the purchase of your property in Turkey goes without a hitch.

When you buy a property in Turkey through Spot Blue you are getting far more than simply bricks and mortar. You are getting the very best in customer care, before you purchase, during the purchase process and after your purchase completes. We make buying a property in Turkey a pleasurable and enjoyable experience and we have many, many clients who can vouch for this.

For your reassurance, we are members of the Association of International Property Professionals (AIPP), Turkish British Chamber of Commerce and Industry (TBCCI), National Association of Estate Agents (incorporating FOPDAC) (NAEA), British Chamber of Commerce in Turkey (BCCT), The International Real Estate Federation (FIABCI) and Confederation Europeenne De L'Immobilier (CEI). Our main office and staff in Turkey is accredited and authorised by the Alanya Chamber of Commerce and Industry (ALTSO) to sell property.

10 Reasons to choose Spot Blue to buy a property in Turkey

- Spot Blue specialise only in selling property in Turkey
- Spot Blue do not apply pressure or use the "hard sell"
- Spot Blue are voluntarily Members of many highly respected Anglo-Turkish & professional overseas bodies
- Spot Blue has a wealth of knowledge about property in Turkey
- Spot Blue has friendly, professional and knowledgeable staff
- Spot Blue arrange everything for your personalised viewing trip
- Spot Blue aim to respond to all enquiries within 24 hours
- Spot Blue has a dedicated Turkish property website with many helpful links
- Spot Blue has many satisfied clients who own property in Turkey
- Spot Blue has a professional after-sales service available

Why not call us and find out how to see the properties and locations for yourself?


Disclaimer

This is a property advertisement provided and maintained by Spot Blue International Property, Surbiton (reference 140114_IST129) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

Spot Blue International Property, Surbiton

Link House,140 The Broadway,Surbiton Surrey KT6 7JE,England
or call 020 8339 6036
Calling from outside the UK? 0044 20 8339 6036

Industry affiliations

  • Association of International Property Professionals

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