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This is a unique opportunity to purchase an entire building within the Balat area of Fatih in Istanbul. The building has one Title Deed and is perfect for Turkish Citizenship by Investment applications. Opportunities like this are rare to market – enquire today for more information about this listing.
- Entire building for sale in Balat Fatih
- One shop and three apartments within
- Historical location on a popular street
- High rental potential for those investing
- Ideal for Turkish Citizenship applications
FACILITIES & LOCATION
Suitable for those investing in Turkey, this building is located within the popular area of Balat in Fatih and is just a few minutes away from shops, supermarkets, restaurants, and transport options for moving around the city of Istanbul.
About the building
The ground floor of the building consists of a shop measuring 80m2. The shop has a large storage space and can be operated as a boutique store for someone looking to run their own business in Turkey on a busy street.
Over the next floors are three apartments. Each apartment measures 50m2 and has two bedrooms and one bathroom inside. These properties can be rented out on a short term basis to tourists or on a long term basis to those looking to live within the heart of Balat.
When all are rented out, the units provide a healthy annual rental return and yield. These properties are under one Title Deed and meet the requirements for those looking to apply for Turkish Citizenship by Investment.
Location in Istanbul
Located in Balat area of Fatih, this building is situated along one of the busiest and richest streets of Istanbul – it is listed as a UNESCO Heritage Site. The location assures a high degree of rental income with the properties in high demand at all times. The street is full of stores, shops, restaurants, things to do, and is visited by thousands of people every single day. Transportation and access to main roads makes it easy to move around the city of Istanbul. All in all, the location is an ideal investment for high demand commercial spaces and apartments – contact us today for more information and to arrange your visit.
5 minutes away from Tramway
5 minutes away from Eminonu
10 minutes away from Metrobus
15 minutes away from Sisli
15 minutes away from Topkapi Palace
15 minutes away from Hagia Sophia
15 minutes away from Suleymaniye Mosque
15 minutes away from Vatan Street