Hotel for sale on Istiklal avenue | Istanbul hotels for saleRef: PTFS0451
The property is located over 5 floors and has an untold potential for the new owner.
Each suite is ready immediately to be rented and they all include, ADSL internet connections, steel entrance doors, satellite systems, quality Parke Laminate flooring throughout, PVC woodwork, and a combination heating and air conditioning installed.
The potential for the building is endless as you could either rent the suites individually, or alternatively develop this into a top quality hotel as the location is absolutely ideally suited to this purpose. Being located just a one minute walk from Istiklal Avenue which is one of the most famous areas of Istanbul and houses shops, restaurants, cafes etc and Taksim Square is just two minutes away.
The building has currently been used for short term rentals by tourists on trips to Istanbul so it has a good history of rental potential. There is a shop that is located in the basement of the building which is not included in the sale, but this has its own separate entrance so has no effect over the main building.
About Istiklal Avenue, Istanbul:
If ever an area was so ideal for a hotel or rental development building then this one is it! Ideally located, everything is under two minutes walk and the area also offers excellent transportation links.
This particular area also benefits from being one of the most visited tourist areas as there is fabulous shopping and many major events held in Taksim square, such as firework and New Year celebrations.
With a current rental history this makes a very interesting prospect for anyone looking for a great investment in Istanbul and with the location and amenities this has to be one of the best opportunities ever brought to market.