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Quite Profitable 6-Storey Commercial Building At A Central Tourist Attraction

$5,250,000
$10,937 /m²
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  • Total area
    480 m²
Details
Features
  • Balcony or terrace

LocationConsidering the rapid urbanisation in Istanbul, city planning was made several times during the republican period. According to these plans, when the Golden Horn surroundings and the Bosphorus were separated as industry, these areas were filled with factories and workplaces starting from the end of 1940. Today, there are many important institutions and places within the borders of Beyoğlu district. Among them; Mimar Sinan University in Fındıklı, Atatürk Cultural Center in Taksim Square, Northern Naval Area Command in Kasımpaşa, Tophane-i Amire (Koç Sanayii Museum) in Sütlüce, Aynalıkavak Pavilion, Istanbul Chamber of Industry on Istiklal Street, Yapı Kredi Culture and Publishing, Çiçek Pasajı, Fish Market, Aksanat, numerous cinemas, Muammer Karaca Theatre, Tunnel and Tram transportation, Galata Tower in Galata. Beyoğlu, where large hotels, theatres, cinemas, schools, consulates, foreign cultural centres and art galleries are located today, is one of the liveliest and most popular districts of Istanbul. About PropertyEach floor of a 6-storey building is 80 square metres, and it is located in Karakoy, which is one of the most popular tourist attractions in Istanbul as well as being famous for its pastry. On the ground floor, there is still an actively operated Kebab restaurant, and the restaurant already has a regular customer base. Therefore, it suffices to say that people will flood into the area perpetually. The top floor of this meticulously adorned building, which is in good condition, is not only a rooftop but also a terrace, and it can be operated as a bar, restaurant or cafe, and you can rent out the other floors to private or individual bussinesses. If you want, you can also transform the building in this beautiful tourist attraction into a European-style hotel and fill it with foreign customers, or you can rent each floor to separate businesses and earn a high monthly income without the hassle!

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    Marina Filichkina
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