This is an amazing opportunity to purchase an apartment right in the heart of Galata just minutes walking distance away from Istiklal and Taksim. This property also has a long successful history of rental income and ticks every box for investment or lifestyle purchases in Turkey.
- Superb apartment in Galata neighourhood Istanbul
- Rental income fetching 2,500 USD per month
- Fully furnished and ready to move in
- Roof terrace with spectacular views over sea and city
- Walking distance to Istiklal Avenue and Taksim
If you are an Istanbul lover, you will simply adore the location and quality that this property offers; a readymade property for sale in one of the most sought after and prestigious areas of the entire city.
About the apartment
The apartment is found on the fifth floor of an authentic Istanbul building, and was renovated by the current owner in 2007 to high standards throughout. The property has been kept in immaculate condition.
The apartment offers a bright and cosy area inside for living in comfort. You will find one bedroom and one bathroom inside, the bedroom features two twin beds, while the bathroom has a teak counter and raised sink along with glass enclosed shower with raindrop shower head.
The living room and kitchen have been designed in an open plan fashion with a dining area and plenty of space for enjoying your home. A French door leads you out to the balcony.
The property is listed for sale completely furnished with branded appliances and a neutral design throughout which is ready for occupation immediately.
On the floor above the flat there is a spacious roof terrace from where you can take in stunning 180 degree views over the city and sea. Peer out over the Golden Horn, Bosporus Sea, Topkapi Palace, and other monuments of Istanbul as you relax or entertain whilst overlooking the Istanbul skyline. The roof terrace has also been renovated with the addition of a barbecue grill, food area, teak furniture, and running water installed.
Investment potential
Due to the location and quality of this residence, the apartment has a long history of attracting a healthy income via short and long term rentals in the Istanbul tourism market. Currently the apartment can be rented out per night at a rate of $160 per day, or monthly at a rate of $2,500 per month.
The property has an attractive year round occupancy rate and would make for a successful investment for anyone seeking both a home for visits in the city, as well as a property to rent out when not in use.
Location in Istanbul
Located half a block away from the famous Galata Tower of Istanbul, the flat is found right in the heart of the city and is a perfect base for an Istanbul lover. The Galata neighbourhood is one of the most sought after places to be in Istanbul and is found just minutes walking distance away from some of the most active and favoured hotspots in the entire city. Step outside and find hundreds of restaurants, bars, boutiques, tea gardens, and everything else for day to day living right at your door. A little walk up the hill will take you to the most famous avenue in the city – Istiklal Avenue. Istiklal Avenue is a 2-mile long pedestrian avenue full of shops and restaurants, and takes you right up to Taksim Square. Walk down the hill and you will find the newly redeveloped Karakoy neighbourhood and the landmark Galata Bridge where you can take Bosporus Sea tours, or head across the bridge to the Egyptian Spice Market.
In terms of location, this apartment is right in the thick of it all, and offers an authentic look at life in Istanbul centre. For any Istanbul lover, this is the place to be, and for any businessman, this is a safe investment in a popular area of the city. Do not miss out on this amazing apartment with superb views and excellent potential.
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