- Fatih Hotel $1,200,000
- Basic parameters
- Photo
№ 2,308,738
4-Storey Renewed Building for Sale Suitable for Airbnb and Hotel
$1,200,000
$8,219 /m²
- Room stock —
- Yield —
- Constructed —
- Price per key —
Key project parameters
- Total area
- 146 m²
Project description
The building is suitable for use as a hotel with its functional design. The building is located in one of the most popular tourist areas of Balat. Balat is a historically and culturally rich area and is visited by millions of tourists every year. The building has the potential for high occupancy rates due to its central location. It is a 4-storey building with a total floor area of 34 m² and a total area of 180 m² The building has 5 rooms.
The building is close to public transportation and all important points of Istanbul are easily accessible.
The building is an ideal opportunity for investment. The building is an attractive opportunity for investors due to its central location, high occupancy rate potential and high rental income potential. The building is ideal for long term investment and can provide investors with a good return.
Transportation:
- 5 min to Tram
- 5 min to Eminonu
- 10 min to Metrobus
- 10 min to Grand Bazaar
- 15 min to Sisli
Tenants
- Agreement
- n/a
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- annual yield
- From 10%
- exit period
- 3 years
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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Mikhail Reyderman
Commercial Real Estate Expert
Commercial Real Estate Expert
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