FACILITIES & LOCATION

Situated just a couple of minutes' walk from Taksim Square, the hotel enjoys an outstanding central location surrounded by restaurants, shops, entertainment venues, and some of Istanbul's most recognisable attractions. The building also features a rooftop terrace with Bosphorus views.

About the hotel

This historic building has been carefully renovated in a traditional period style, retaining architectural character while providing modern accommodation for visitors to Istanbul. The property offers 1,000m2 of enclosed space across six floors, with lift access connecting the accommodation.

The hotel is arranged as 12 self-contained apartments, comprising six one-bedroom apartments and six two-bedroom apartments. Each floor contains two units, one with a single bedroom and the other with two bedrooms.

In total, the accommodation provides 18 bedrooms, 12 separate living rooms, and 12 bathrooms. The property is presented as a licensed 30-room hotel, with its apartment-style configuration offering guests more space and independence than conventional hotel rooms in Istanbul.

Every apartment includes its own kitchen and living room, allowing visitors to prepare meals, relax, and enjoy greater flexibility during their stay. Kitchens are fully fitted with appliances and equipment, and the accommodation has been renovated and furnished in keeping with the building's historic character.

The property is suitable for tourists, families, couples, and visitors seeking longer stays in central Istanbul. The hotel is fully operational and has established a positive reputation through guest testimonials.

Roof terrace and external details

One of the property's most interesting features is its rooftop terrace, which enjoys partial views towards the Bosphorus. This space is currently unused, providing an opportunity to create an additional attraction for hotel guests and potentially introduce a specialist cafe, restaurant, or rooftop hospitality concept.

Investment and rental potential

The hotel currently generates an estimated net annual income of $200,000 USD to $250,000 USD. This represents a net annual return of 7.7% to 9.6% against the asking price, before acquisition costs.

Location in Istanbul

Taksim is one of Istanbul's most recognisable tourist and commercial districts, attracting visitors for its shopping, dining, entertainment, and cultural attractions. This hotel occupies an exceptional position in Beyoğlu, less than 100 metres from Istiklal Street, the famous pedestrian avenue lined with international retailers, historic buildings, restaurants, and cafes. Taksim Square is just a couple of minutes away on foot, providing access to public transport and connections throughout Istanbul. The surrounding neighbourhood is popular with domestic and international visitors, making it an attractive location for hospitality businesses seeking year-round tourist demand and a central address.