Yali property in Princess Island Istanbul with restoration projectRef: PTFS0377
Priced at 599,000 Euros – the house is found on a large plot of land measuring 1,000m2 while there is a closed area of 300m2 inside, offering lots of room to accommodate a large family easily. There are 5 spacious bedrooms and 4 bathrooms found within.
In need of some renovation, hence the superb price, this could be a great opportunity for a real estate investor to purchase this and renovate it into a small boutique hotel or a luxury waterfront home in Istanbul. Restoration permission is already in place with historic properties like this one. Buy your own slice of Istanbul history.
Situated just 100 metres away from the seafront, you can expect supreme sea views throughout – as standard with luxury Yali’s in Istanbul. A Yali is a name given to old waterfront houses from the Ottoman days that are held in high regard in Istanbul and are highly sought after and prestigious – there is a limited amount of these available today.
About Princess Islands
Princess Islands are a small group of islands found in Istanbul that where once used by the supreme Ottomans who used to habitat the area. The islands are held in extremely high regard and are home to some of the most prestigious and expensive homes in Turkey. This house is found on Buyukada island which is the largest of all the islands and is steeped in history and culture – you could not find a better location if you tried.
Overall, this is an ideal investment purchase in a luxury location offering perfect sea views, lots of potential, and a chance to paint a new picture of history in Istanbul. This isn’t a everyday home you find along the coast, this is something truly special, and as such, deserves to be treated as so.
Call today for more information on this restoration Yali project in Buyukada.