Fatih tenanted apartment building for investment

$1.680.000

Overview

This is a unique opportunity to purchase an entire apartment building in Fatih area of Istanbul – ideal for investors and those looking to obtain rental income with their purchase of property. The building has one Title Deed and meets the requirements for Turkish Citizenship by Investment.

Features

Property Type :

commercial

Bedrooms :

Bathrooms:

Location :

Istanbul - Fatih

Why buy this property

- Entire apartment building in Fatih Istanbul

- Five properties – studio – two bedrooms

- Currently tenanted and providing income

- Suitable for Turkish Citizenship applications

- Close to amenities and public transportation

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FACILITIES & LOCATION

Located within the old historical area of Istanbul, this Fatih building is currently tenanted and will provide a healthy rental income immediately – this is one that you do not want to miss out on in Turkey.

About the building

The Fatih building measures 290m2 in total and consists of five properties in total – one studio unit, one 1+1 bedroom unit, and three 2+1 bedroom units. There is also a basement level for storage downstairs.

The studio unit measures 45m2, the one bedroom properties measure 50m2, and the two bedroom apartments measure 65m2. Listings are light and airy with large windows allowing lots of natural light to enter. All units are equipped with bathrooms.

The building is currently tenanted with long term tenants and has one Title Deed in place – it can be used in an application for Turkish Citizenship by Investment and is recommended for viewing at the earliest convenience.

Monthly rental rate

Currently, the monthly rental rate obtained here various between 3,000 USD – 3,500 USD with an annual yield amounting to around 40,000 USD. For more information about rental income here, please contact us today to speak with our investment specialists who are happy to assist you and answer all of your questions.

Location in Istanbul

Located within the old historic part of Istanbul, this apartment building is found in Fatih and is surrounded by amenities including restaurants, boutique shops, stores, and access to public transportation. The nearest Tramway is just five minutes walking distance away for moving across the city. Tourist landmarks and famous areas of the city are all within a 5km radius from the building.

Distances

0.1km away from Fevzi Pasha Street

0.5km away from Vatan Street

0.5km away from Historia AVM

1.0km away from Millet Street

1.5km away from Yenikapi Metro

2.0km away from Suleymaniye Mosque

3.0km away from Sultan Ahmet Mosque

3.5km away from Hagia Sophia

3.5km away from Topkapi Palace

5.0km away from Taksim Square

14km away from Bosphorus Bridge