Commercial space in Istanbul.
Description
The total area of the space is 100 m².
The space is in excellent condition and doesn't need repairs or renovation.
Purchase of this commercial property guarantees the acquisition of Turkish citizenship for the owner and his family.
The tenant is a Turkish chain of perfumery and cosmetics stores.
A long-term lease agreement is concluded – the guaranteed rental term is 5 years. Possible extension of the agreement up to 10 years.
Istanbul is the largest city in Turkey, the main commercial, industrial and cultural center, the main port of the country. It is located on the banks of the Bosphorus Strait, dividing it into European (main) and Asian parts, connected by bridges and tunnels. In terms of population, it is the first millionaire city in Europe with more than 15 million people.
The economy is mainly based on engineering, including shipbuilding, chemical, cement, food, light, printing, electrical, woodworking, paper and glass industries, trade and tourism. 80% of exports go to Turkish sweets, souvenirs and clothes.
According to studies, by 2025 the city will occupy the 14th place in the world in the list of GDP of cities for PPP, and the nominal growth at this point will be about $ 291.5 billion. Istanbul's per capita GDP is 70% higher than the national average, and its productivity as a region is about 50% higher.