FACILITIES & LOCATION

Operating with an average occupancy rate of 80% and an average room rate of around $120 USD per night, the hotel generates strong income. With 67 rooms of various categories and a full hospitality operation in place, this is an ideal acquisition for an established hotel group or investor seeking a prime hospitality asset in central Istanbul.

About the hotel

Situated on a 340m2 land plot with approximately 3,000m2 of interior space, the hotel is arranged across nine floors and is offered freehold. The building is very well maintained and requires no renovation work, allowing new owners to immediately benefit from the existing operation and established guest base.

The hotel offers 67 guest rooms fitted with modern furnishings and air-conditioning, along with free WiFi, work desks, minibars, and flat-screen satellite televisions. Suites offer additional living space and sea views. The property employs a team of 32 staff who manage daily operations and guest services.

A rooftop restaurant and terrace measuring 200m2 provides breakfast, lunch, and dinner services with seating capacity for up to 120 guests. Additional amenities include a lobby bar and spa facilities, allowing the hotel to be positioned as a boutique spa hotel in the Old City area.

Facilities and features include

- Rooftop restaurant with terrace seating

- Lobby bar and guest lounge area

- Full spa with Turkish Bath and sauna

- Massage treatment rooms available

- High-speed WiFi throughout the property

- 24-hour reception and concierge service

- Air-conditioned guest rooms and suites

- Modern furnishings and quality interiors

- Professional hotel staff and management

Investment overview

Independent feasibility reports and valuation surveys estimate the hotel value at around $28,000,000 USD, offering a strong acquisition entry point at the current price. Based on room revenue, food and beverage operations, and operating costs, estimated payback calculations sets a potential return period of approximately 12 to 14 years, which is very strong for the hotel sector.

Location in Istanbul

Located in the historic Kumkapi district of Fatih, the hotel sits within one of the most popular tourism zones of Istanbul’s Old City. Guests can easily walk to major historical attractions including the Blue Mosque, Hagia Sophia, Topkapi Palace, and the Basilica Cistern. The Grand Bazaar is a short walk away, while Kumkapi’s famous seafood restaurants and vibrant dining scene are located nearby. Transport links are excellent, with Beyazit tram station and Yenikapi metro station both within walking distance, providing access across the city towards Eminonu, Karakoy, Taksim, and Kabatas. Istanbul Airport is 55km away, making the location highly accessible for international visitors.

Distances

0.2km away from tram station

0.4km away from Sultanahmet area

0.5km away from Grand Bazaar

0.8km away from Hagia Sophia and Blue Mosque

1.0km away from Topkapi Palace

1.5km away from Eminonu waterfront

14km away from Taksim Square

55km away from Istanbul Airport