Bakirkoy commercial tenanted property for saleRef: PTFS4296
Suitable for those looking to obtain citizenship in Turkey, this is an excellent investment in the growing area of Bakirkoy in Istanbul and is a commercial property with a long line of rental income and a long term trusted tenant currently in place.
Guaranteeing a high rental income that is set to rise considerably as the lease contract is renewed in December, this is an opportunity not to miss and comes highly recommended for viewing for those looking to buy commercial properties in Turkey.
About the commercial property
This property measures 300m2 in total and is found on the ground floor of a building close to the high street where thousands of commuters and workers pass on a daily basis. The unit is currently operated as a national bank and is in excellent condition throughout – there is an abundance of potential for what this shop could be operated as.
Rental income potential
Those looking to invest in a property can enjoy huge rental returns with this unit – currently earning 34,000TL + VAT per month. In December, the lease on the contract will be updated and rental price will increase to 44,000TL + VAT per month with a ten-year lease available for the tenant. Real estate value of the listing is also excellent with analysts projecting a capital growth return of 8%+ for whoever buys.
Turkish Citizenship by Investment
This property qualifies for those who are seeking to obtain Turkish Citizenship for themselves and their family by means of investing in real estate. For more information about citizenship properties for sale, please call or contact us to speak with our experts in Istanbul.
Location in Istanbul
Bakirkoy is a highly sought after spot for middle and upper class families looking to live along the coast in Istanbul and find themselves within easy travelling distances to the city centre for work purposes. For that reason, local businesses, banks, and shops are thriving in Bakirkoy with a high foothold of people living in close proximity nearby. Bakirkoy offers superb public transport options and is home to schools and universities.
We are happy to offer commercial listings all across Turkey available for sale – please call or contact us to speak with our designated professional investment team who are delighted to answer questions that you might have about investing in businesses and Turkish business management in Istanbul. From small to large commercial shops, we can source the ideal shop for you.