With gorgeous views of the mosques, this superb hotel is for sale in Sultanahmet area of the city and is just a short walk away from famous landmarks and monuments – this is a hotel opportunity not to miss and one that comes highly recommended for viewing before it has been sold.
- Boutique hotel for sale in Sultanahmet Istanbul
- Bed and breakfast style business serving food
- Walking distances to restaurants and shops
- Minutes from Blue Mosque and Hagia Sophia
- Long history of profit and high booking rates
FACILITIES & LOCATION
Not to be on the market for long, this hotel is situated along a popular street in Sultanahmet close to shops and has a long history of profit attached – the residence is available today as completely furnished and ready for new owners to operate immediately.
About the hotel
In excellent condition throughout, the hotel offers 17 rooms in total. Each room is equipped with a TV, safe, coffee facilities, and a minibar. All rooms are furnished with high quality bed and have their own en-suite private bathrooms attached. Rooms are cleaned on a daily basis and could easily sleep two adults in each.
The hotel operates as a bed and breakfast style business and has an on-site restaurant and roof terrace where guests can enjoy a buffet style breakfast or spend a quiet evening eating dinner with a gorgeous view of the historical city and mosques. Reception is available at all times.
Currently, rooms within this hotel are booked at a rate of 100 USD per night. The hotel has a higher than average year round occupancy rate and the yield when fully booked would net the owner a 17.7% profit per annum. There is lots of potential and scope with this hotel due to the location and quality of the building.
Location in Istanbul
Sultanahmet is the historical centre of Istanbul – in terms of investing in a hotel, you could not pick a better area. Within Sultanahmet there are some of the most historically important and significant monuments and landmarks of Turkey. A short walk provides access to the Blue Mosque and Hagia Sophia, while a walk in the other direction will see hotel guests arrive at the Grand Bazaar for shopping and buying souvenirs. Local amenities include carpet stores, restaurants, coffee houses, and so much more. Public transport is ready for travelling towards Taksim Square.
At Property Turkey, we have numerous hotels and business opportunities available for investors – for more information about buying this hotel or any other, please call or contact us to speak with our investment analysts who are happy to answer any questions that you might have.