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Investment building minutes from Taksim Square

Ref: PTFS0448

This seven floor building could not be better located as it is a minute from the famous Istiklal Avenue in Istanbul which offers a host of restaurants, shops and cafes and then just two minutes from the hugely popular Taksim Square. 

Base Price: €2,235,000
Price: $2,488,200
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Ref: PTFS0448
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Property Features

Why buy this Property

  • Redevelopment potential hotel, apartments or continued rental
  • Excellent location to act now and reap the benefits from your investment immediately
  • Rental history in place
  • Fully furnished to a high standard
The building has historically been used to serve tourists on short stays to Istanbul and makes a fantastic base for anyone looking to explore the area. The building would equally lend itself to redevelopment either as a luxury hotel due to the location or alternatively could be made into luxury apartments for sale or rent; the opportunities are endless!

This superb building features a terrace with wonderful sea views as well as 12 suites that offer two bedrooms, living room and kitchen facilities averaging a spacious 60 sqm each.  

The suites are decorated in neutral shades and are tastefully furnished making them perfect to rent straight away should you so require. All suites benefit from high class steel entrance doors, ADSL Connections that are fully working so ready to use, air conditioning, satellite system, high quality Parke Laminate flooring and PVC Woodwork throughout.

The bathrooms have been designed to maximise the space and are all equipped with shower screens. With the compact fully fitted kitchen there is everything that could be needed already installed.

With the building being in such an excellent location, there is everything within walking distance making this a highly attractive proposal.

About Taksim Square:
Taksim Square is popular with natives and tourists alike and is host to numerous events and public celebrations especially during the summer. There is a huge firework display every year and New Year celebrations held in the square that are really too good to miss! Being located just two minutes walk from this building it could not be more central.

The famous Istiklal Avenue is just a minute on foot from the building and there is a vast array of shops restaurants and bars with lots to see and do. 

With 36 rooms in total, this is a once in a lifetime opportunity to invest in Istanbul – the city that straddles both East and West and growing on a phenomenal rate to become one of the biggest in the world, the time to invest in Istanbul is now. Coupled with the superb location in the heart of the city, this is an ideal prospect. 

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