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Those looking to invest in hotels in Istanbul would do well to take a closer look at this superbly located fully operational hotel business with an impressive yearly occupancy rate and rooms competitively priced in the market.
- Excellent location within walking distance to Taksim Square
- 150 metres to Cumhuriyet Avenue where you will find Hilton, Hyatt Hotels
- Rapidly appreciating development area – great investment
- Furnished suite rooms with kitchens
- 80% year round occupancy rate and lots of history
FACILITIES & LOCATION
Located only 150 metres away from the main avenue, this hotel is a superb investment opportunity as the immediate surroundings are currently undergoing lots of new investment on the same Street – giving you benefits for years to come.
About the hotel:
The hotel offers 9 suite rooms in total, all rooms are furnished neutrally with cosy family living in mind. There is a spacious 375sqm of covered area inside, spread out over 5 floors in total, 1 ground floor and 5 upper levels.
The hotel is highly rated on independent travel websites and comes with a fully operational booking website where you can accept bookings from guests.
Some of the services offered by the hotel include:
- Office and technical room.
- 24/7 reception and concierge services.
- Dry cleaning services provided.
This particular hotel does not offer any restaurant for breakfast, sells beds only.
There are nine rooms in total, offering a spacious living area of 35m2 in each room – more than enough space for up to three adults to share, or a small family to book with two adults and two children.
Rooms are fully equipped with central heating and air-conditioning installed, and feature flat screen TV’s with satellite connection, and WiFi connection available.
Each room is equipped with a small kitchenette area, giving residents the option of cooking meals and saving some money while travelling in Istanbul.
Financial details of the hotel:
Average room nightly rate – 50 Euros.
Year round occupancy rate – 80%.
It is no secret that Istanbul is the number one tourist spot in Europe for those seeking a weekend getaway for shopping and an experience never to forget. With competitive prices and an attractive occupancy rate, this hotel will never have a shortage of guests looking to enjoy the superb location and city of Istanbul.
This property is located only 150 metres away from the main avenue, and is found in a residential area. This hotel is an ideal investment as there is lots of development happening on the very same street – meaning that in a few years, capital appreciation would be impressive, and room rates most likely increased.
A couple minutes walking distance will take you to the world famous Hilton and Hyatt Hotels – just to give some perspective as to the central and prestigious location that this hotel is in; it is as good as it gets.
Taksim Square can be reached within 500 metres, while some of the best shopping avenues and local restaurants are all within shorter distances – this hotel is perfectly placed for tourists looking for a charming boutique location and a taste of real Istanbul life.
We can provide full details of this hotel and a financial breakdown upon request.