- Fatih Hotel $2,300,000
- Basic parameters
- Photo
№ 2,308,743
Profitable Investment Renovated 4-Storey Building in Balat
$2,300,000
$7,796 /m²
- Room stock —
- Yield —
- Constructed —
- Price per key —
Key project parameters
- Total area
- 295 m²
Project description
This 4-storey building with a basement is located in the heart of Balat, a popular and historic neighborhood in Istanbul. The building has a 70 m² floor session. The building has 3 1+1 concept flats and 1 shop, all of which can be rented out for a high income.
The building is close to the tram and metrobus, making it easy to commute around the city. The location is also valuable due to the rising property prices in Balat. This building is a great investment opportunity for anyone looking for a high-yielding property in a prime location.
Transportation:
- 1 min to Tram
- 5 min to Eminonu
- 10 min to Metrobus
- 15 min to Sisli
- 15 min to Hagia Sophia
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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