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Historic apartment in the heart of Beyoglu Istanbul

Ref: PTFS0884

Found in the heart of old Istanbul close to Galata, Beyoglu is this classic apartment found looking out over the Bosporus Sea and just a stones throw away to some of the cities most loved landmarks and tourism hotspots. 

Base Price: £760,000
Price: $976,800
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Ref: PTFS0884 Print
Istanbul property
Galata property
Square in the middle
Property in Galata
Istanbul property
Entrance to building
Home in Galata

Property Features

  • Property Type: Apartment
  • Bedrooms: 3
  • Bathrooms: 3
  • Location: Istanbul - Beyoglu
  • Living space sqm: 235
  • Land size sqm: 3000
  • Pool: N/A

Why buy this Property

  • Found in heart of old Istanbul close to Galata Tower 
  • Stones throw away to some of the cities landmarks
  • Exclusive building originally built in 1872
  • Huge courtyard in middle of U shape designed building
  • High rental potential fetching 1,000 Euro per week
  • 20 minute walk to Taksim Square
  • Located in developing area - high investment value
Well presented and spacious, the apartment is located in an exclusive and historic block of apartments originally built in 1872 and well preserved and maintained over the years to become an important feature of the rich history found in Galata. 

The apartment
Found on the first floor of the building, the apartment is accessed from the courtyard directly after the security entrance. 

Upon entering the home, there is a spacious hall leading out to a generous 65m2 living room comprising three sections in an open plan layout with high ceilings and large windows with great views. Off the living room is a kitchen and dining area with fitted worktops and white goods in place.
You will find three double sized bedrooms within the home, including one master en-suite bedroom and sauna. There is also a family bathroom within. 

Featuring many authentic touches and classic features from early Istanbul history, the apartment has been beautifully renovated yet keeps a lot of its original charm and architecture to present a gorgeous and well presented family home in the city. 

Estate features
The apartment is found within a quality estate comprising a U shape designed to offer views towards the Bosporus area. Within the building is a large courtyard in the middle where residents can relax and spend the day lounging outside. 

A charming and historic cobbled street makes its way through to the main reception and access area, while you can enjoy picturesque views out to the Bosporus Sea from the courtyard, as well as find the historic Galata Tower just 150 metres away. 

24/7 security is offered as standard for all residents. 

Investment and rental opportunities
Due to the beautiful nature of these apartments, coupled with the gorgeous setting right in the centre of the city, anyone who purchases one of these apartments can expect a high level of investment potential and rental income should they wish to let out the apartment for either short or long term rentals. A three bedroom apartment of this quality and build could easily fetch in the region of 1,000 Euro per week, while prices are expected to double within the next 5 years as the Galata district is transformed and regenerated to its former glory. 

The apartment building is well placed for life right in the heart of Istanbul, found close to old streets surrounding Galata Tower that are currently subject to huge regeneration and restoration projects that are transforming the area into a prime district with many boutique hotels, coffee shops, restaurants, and shopping facilities popping up close by. 

Taksim Square is found within a 20 minute walk, while Galata Tower is just a few metres away. Topkapi Palace is only 10 minutes by taxi. 

As the area develops, property prices are steadily increasing, making this a superb opportunity to purchase today, before prices rise tomorrow. 

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