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Located in Karagumruk area of Fatih, this historical building has been renovated throughout and is a superb investment opportunity in Turkey. All apartments are currently rented and providing passive income immediately. The building has one Title Deed and meets the criteria for Turkish Citizenship by Investment.
- Entire building for sale in Karagumruk Fatih
- Four apartments renovated and furnished
- Currently tenanted and providing income
- One Title Deed – ideal for Turkish Citizenship
- Close to amenities and public transportation
FACILITIES & LOCATION
Renovated to great standards and fully furnished, this building is surrounded by amenities, shops, restaurants, and public transportation for moving around the city of Istanbul on a daily basis.
About the building
The building has been renovated to good standards and is on the market today as completely furnished and tenanted – providing a healthy rental income stream as soon as the purchase process has been finalised.
There are three 1+1 bedroom apartments within the building. One bedroom units measure 50m2 internally and enter into large open plan living rooms with offset kitchens. One bedroom and one bathroom completes these listings.
There is one 2+1 bedroom apartment measuring 90m2. The two bedroom apartment is ideal for small families looking to live within an historical part of the city. Bedrooms are a good size, and there is a family bathroom inside.
The building is currently tenanted and provides a rental income amounting to around 2,500 USD monthly and annually amounting to around 30,000 USD as of March 2023. For more information about rental yields, please call or contact us to speak with our local advisors in Istanbul.
Location in Istanbul
Located within an historical area of Istanbul, this apartment building is just a few minutes away from daily amenities including restaurants, shops, and boutique stores. The nearest Tramway and Metro station can be walked to within five minutes for easily commuting and moving around Istanbul. The location is highly sought after by those living in the city.
0.5km away from Vatan Street
0.5km away from Historia Shopping Mall
1.0km away from Millet Street
1.5km away from Yenikapi Station
2.0km away from Suleymaniye Mosque
3.0km away from Sultan Ahmet Mosque
3.5km away from Hagia Sophia
3.5km away from Topkapi Palace
5.0km away from Taksim
14km away from Bosphorus Bridge
43km away from Istanbul Airport