FACILITIES & LOCATION
Suitable for Turkish Citizenship applications, the building consists of four self-contained rooms and is ready to generate immediate rental income for new owners. Enquire today for more information and to arrange your visit with our local advisors in Istanbul.
About the building
The building is constructed across four floors and offers 135m2 internal living space on a 50m2 plot. Each floor contains a self-contained one bedroom room with its own fully fitted bathroom, creating four separate rental units in total.
All rooms are designed for short-term rental use with practical layouts and furnished interiors. The building is suitable for Airbnb operations and has its Title Deed in place. Sea views from the property add further appeal for guests visiting Istanbul.
The building is on the market as completely furnished and ready for operation immediately. Flat features include the following: ceiling fans installed, radiators in place, double glazed windows, high quality flooring, and lots more.
Rental potential and investment value
Rental estimates suggest potential daily income between 130 USD and 150 USD depending on occupancy levels and seasonal demand. For investors in Turkey, this building could easily provide a 7% net rental income. Opportunities like this do not come to market often.
Location in Istanbul
Located in Balat within the Fatih district, this building enjoys one of Istanbul’s most unique and touristic neighbourhood settings. Balat is famous for its colourful streets, historical architecture, boutique cafes, art spaces, and strong visitor demand throughout the year. Tourists can easily access the Golden Horn waterfront, Fener, Eminonu, Sultanahmet, and major cultural landmarks from this location. Its central position and growing popularity amongst international travellers make the property highly suitable for Airbnb investment with strong occupancy rates and long-term value potential.
Other buildings in Istanbul
We have several buildings for sale throughout Istanbul, some of which are not shown on our website for privacy reasons. If you cannot find a suitable listing on our site, please enquire – we are confident that we can find the right opportunity to suit your budget and requirements.
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