FACILITIES & LOCATION
Surrounded by history and just a short walking distance away from Taksim Square and Istiklal Avenue, this building is recommended for viewing as one of our top picks for those looking to invest in central Istanbul.
About the building
The building offers 500m2 internal living space and is situated within a 106m2 footprint with access to a rear garden. The property has five floors in total and is in good condition – a fully operational and readymade business opportunity.
In total, the property has 10 one bedroom apartment-style rooms. Each room has its own en-suite private bathroom with shower attached. Bedrooms are furnished in neutral colours with double sized beds.
Investment value
The average daily rate for rooms in this building is approximately $100 USD, resulting in an estimated investment payback period of around eight years. For more information, please call or contact us to speak with our local advisors in Istanbul – this is an opportunity not to miss out on.
Location in Istanbul
This building is located within a privileged location in Beyoglu, just five minutes walking distance from Taksim Square – a prime investment spot benefitting from high tourist footfall and demand all year round. Beyoglu is one of Istanbul’s most vibrant and historic districts, located on the European side of the city, just north of the Golden Horn. Known for its bustling Istiklal Avenue, lively nightlife, cultural landmarks, and rich architectural heritage, Beyoglu attracts both tourists and locals. Visitors can explore historic sites such as Galata Tower, enjoy art galleries and museums, or experience the district’s diverse dining scene. Moving around the city from Beyoglu is easy with access to public transportation options.
Distances
2 minute walk to daily shops
5 minute walk to Taksim Square
5 minute walk to Istiklal Avenue
Other buildings for sale
If you cannot find a suitable hotel-style building on our website, please contact us and allow our local team to search on the ground for something that suits your budget and requirements – we are confident that we can find the right opportunity for you.
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