FACILITIES & LOCATION
Operate your own Airbnb-style boutique hotel business when you invest in this building within the touristic area of Balat in Fatih, located just a few minutes away from amenities including coffee shops, high quality restaurants, and transportation options for moving around the city of Istanbul.
About the building
The building is situated on a footprint measuring 32m2 and consists of five floors in total. The building has been refurbished to excellent standards and offers five 1+0 studio apartments in total. Each studio has a front-facing window and French-style balcony. The Title Deed is also ready.
Inside, each studio flat measures 30m2 and is fully furnished with exclusive furniture and carefully designed as hotel-style rooms. Features of the units include: white goods and kitchen appliances, cooking utensils, air-conditioning units, quality beds, seasonal linens, and lots more throughout.
Investment potential
A building of this quality and sought after location in Istanbul would rent studio apartments to tourists all through the year. For more information about rental yields and expected prices per night, please call or contact us to speak with our local advisors in Istanbul who are happy to assist you further.
Location in Istanbul
In terms of location for investment, you couldn’t pick a better spot to operate an Airbnb-style business in Turkey. This refurbished building is located in Balat area of Fatih and is just a short walk away from coffee shops, restaurants, and landmarks. Balat is listed as a UNESCO Heritage Site and is visited by thousands of tourists and locals every day as one of the must-see areas of Istanbul. From Balat it is easy to travel towards Topkapi Palace, Hagia Sophia, or Suleymaniye Mosque within 15 minutes. For everything else, public transportation runs nearby for moving across the city of Istanbul in all directions.
Distances
1 minute walk to reach A101 supermarket
2 minute walk to reach boutique coffee shops
2 minute walk to reach quality restaurants
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