Recently renovated, this modern hotel is for sale close to Taksim Square in central Istanbul and is a fantastic opportunity for someone looking to operate their own business in Turkey with hotel license and permits all issued. Title Deed is ready, and this can be used when applying for Turkish Citizenship.
- Renovated, modern hotel for sale in Istanbul
- 38 rooms in various types and sizes for guests
- Hotel license and permits have all been issued
- Close to Taksim Square and other landmarks
- Title Deed ready, ideal for Turkish Citizenship
Equipped to the highest standards throughout, this modern hotel is highly recommended for viewing as one of our top picks for investors in central Istanbul. Opportunities like this are rare to market, making this a must see.
About the hotel
This hotel was originally constructed in 2015 on a plot of land measuring 138m2 and has been kept in excellent condition, having been recently renovated. The gross living area within the hotel amounts to 1,500m2. The hotel consists of ten floors and offers 38 rooms.
Rooms are available in various types and sizes to suit single travellers, couples, and even families. Rooms are furnished with TV sets, air-conditioning units, heating systems, and have their own private bathrooms attached.
Features of the hotel include: full lobby services, on-site restaurant and bar, spa for guests to relax, elevator for four people at once, 30 tons water tank, Laura Italian hydrophore pump, and lots more throughout.
Investment potential
A hotel of this quality and location close to Taksim Square has the potential to provide around 10% ROI per annum for an investor. For more information about that, as well as hotel rates and occupancy levels, please enquire today to speak with our advisors.
Location in Istanbul
One of the main selling points of this hotel is the incredible location in Sisli area of Istanbul. This hotel is just a short walk away from historical monuments and areas including Taksim Square. The location assures a high level of occupancy with tourists and visitors arriving to Istanbul all year round. Restaurants, coffee houses, and souvenir shops can all be walked to within a five minute radius. Public transportation options are available for moving around the city across all directions.
Other hotels for sale
We have several hotels available on our books and are happy to search on the grounds of Istanbul with our local experts and unrivalled knowledge to find a hotel opportunity that suits your budget and requirements. For more details, please call or contact us.