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Established boutique hotel for sale in Taksim Central

Ref: PTFS1119

For sale here is a fully equipped and established hotel found in the centre of Taksim just 50 metres away from the famous Taksim Square. This hotel boasts an impressive year round occupancy rate of 85% and is the ideal investment for someone looking to step into the hotel management business in Turkey. 

Price: $1,900,000
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Ref: PTFS1119 Print
Roof terrace view
Large balcony
Hotel room view
Seating area
Spacious suite
Interior of suite
Dining space
Spacious room
Fitted bathroom
Living room
Kitchen utensils
Hotel in Istanbul
Hotel in Istanbul

Property Features

Why buy this Property

  • Excellent location 2 min walk to Taksim Square
  • Very high real estate value, capital appreciation will be exceptionally high
  • 85% year round occupancy established guest house 
  • Perfect spot for tourists to enjoy the city
  • Furnished 1+1 suite rooms with kitchen
With a rich history of attracting thousands of guests over the years, this 12 suite hotel benefits from a permanent hotel license from the municipality and is ready to be taken to the next level – today. 

About the hotel:
Inside the hotel you will find 12 suite rooms in total, the hotel offers 8 floors in total – 5 upper levels and 2 lower levels. The hotel is an established business with years of history, and has been awarded with a Certificate of Excellence by Trip Advisor. 

The hotel offers all modern services you would expect from any quality hotel nowadays, including: 

- 24/7 reception and 24/7 concierge services. 
- Safety deposit box in every room. 
- Neutral furnished rooms with TV’s and WiFi. 
- Laundry service for guests. 
- Dry Cleaning service for guests. 
- Restaurant for breakfast and dinner. 

About the rooms: 
Please note that these rooms are suites, not your standard hotel room. Each room offers a 1+1 layout, meaning you get a bedroom plus reception room – giving you a large suite with lots of added space. 

All suites are equipped with a small kitchen, giving guests the option to cook small meals on their trips to Istanbul – the kitchen is equipped with a small fridge, stove, kettle, and tableware. 

The suites are furnished with home comfort in mind using contemporary wooden colours for a welcoming family feel throughout.

The rooms have large balconies looking to an internal court and are equipped with modern every day amenities such as high speed WiFi, flat screen TV’s with satellite connection, and more.  

Suites range in size between 30m2 – 45m2 and could easily accommodate up to three adults, or two adults and two children in each room. 

Hotel financial details: 
With rooms priced at an average rate of 65 Euro’s per night, and a year round occupancy rating of 85%, this hotel is stood very well compared with the market and comes with a permanent hotel license – something not every hotel in the city has. 

With more than 40 million tourists choosing Turkey as their destination year on year, Istanbul takes a huge chunk of that market segment and as such, a hotel of this quality and location has never been a more profitable business to operate in the city. 

Wow, what a location – only 50 metre’s away from one of the most famous landmarks in all of Istanbul in Taksim Square, for location alone this business is almost guaranteed to succeed with tourists wanting to be as close to the action as possible. 

Within walking distance you will find all that Beyoglu and Galata has to offer, enjoying some of the best shopping and 5-star Turkish cuisine that you will find in this central area. 

Famous landmarks such as the Blue Mosque, Hagia Sophia, and famous avenues and streets are easily accessible – giving your guests the complete Istanbul experience and many happy returns. 

Further information and financial details of this hotel can be provided upon request. 

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