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Renovation project in Kaleici Antalya

Ref: PTFS0574

Outstanding opportunity to transform this classic Ottoman style boutique hotel to its former glory and re establish a profitable business with high end potential. 

Base Price: £1,219,000
Price: $1,566,700
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Ref: PTFS0574 Print
Antalya hotel
Hotel in Antalya
Kaleici renovation home
Old town Antalya

Property Features

Why buy this Property

  • Ottoman style boutique hotel opportunity in the old town of Kaleici
  • Large 1,000m2 plot with 30 bedrooms
  • 200 metres from the harbour
  • High end investment opportunity - profit to be made
The Hotel
Set amidst a vast plot measuring 1000m2 with a substantial outdoor swimming pool, lush green gardens, off street parking and twenty four hour security.

Internally there are three floors which offer a vast entrance/reception area, an enormous restaurant, thirty bedrooms which are all equipped with en suite bathrooms. There are endless views that can easily be maximised within the renovation works and the hotel is in an idyllic location.

Surrounding Area
The hotel has a fabulous location in the old town known as Kaleici in Antalya. It is just 200 metres from the old harbour with clear, crystal waters. There are a wide variety of restaurants and bars within easy access from the hotel.

The streets are narrow and filled with famous architecture with this old town originally a Roman city, then moving to Byzantine control and finally the Turkish Ottoman Empire. With there being so many cultures settling here the area is steeped in history and culture which is a huge draw for tourists and visitors alike and this proves why this is such an idyllic location.

Why invest in this Hotel
With the hotel building being structurally sound and so well situated the prospective purchaser has an amazing opportunity to redesign and renovate this magnificent building. Although there is a considerable amount of work required, this is largely cosmetic and design orientated which makes this an extremely exciting prospect that will appeal to many.

Hotels in this area are always in demand from European and American tourists as they flock to this area to visit the historical sites and take in the culture. Most of the hotels in the region are five stars and cater for the mass tourist markets that are looking for an all inclusive package. What makes this hotel unique is that it is ideally situated for the more discerning travellers that are looking for a more personal touch and that home from home service. 

This hotel has all the makings of a luxury high end hotel that will command premium room rates. The prospect has worldwide appeal as the old city of Antalya has supreme interest to foreign investors due to the historical location and universal appeal. The hotel provides an excellent chance for the purchaser to either renovate for resale or renovate and re establish as a high end boutique hotel once again. 

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