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Historic mansion on Princess Island Heybeliada Istanbul

Ref: PTFS0893

This late 19th century Ottoman mansion has been transformed into four spacious apartments and is for sale fully furnished – this is as good an investment that you will find in Istanbul. Well located on the second largest of the nine Princess Islands on Heybeliada. 

Price: $850,000
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Ref: PTFS0893 Print
Heybeliada real estate
Heybeliada balcony
Heybeliada mansion
Spacious villa in Heybeliada
Heybeliada real estate
Heybeliada house
Spacious kitchen
Garden area
Furnished lounge
Open plan interior
Seating space
Spacious room
Furnished bedroom
Open bedroom

Property Features

  • Property Type: Villa
  • Bedrooms: 9
  • Bathrooms: 4
  • Location: Istanbul
  • Living space sqm: 500
  • Pool: N/A

Why buy this Property

  • 19th century Ottoman mansion that has been transformed into four separate apartments
  • Superb investment with rental website and rich history
  • Found on second largest of Princess Islands within Heybeliada
  • Apartments have been refurbished and sold as fully furnished
  • Impressive views out over sea and island
Less than an hour’s ferry ride away to downtown Istanbul, Heybeliada is a tranquil and peaceful island without cars and accessed only via water taxi. With four apartments found within, this would be a great purchase for an investor looking for buy to let prospects in Istanbul. 

Mansion details and layout
The mansion has been divided into four spacious apartments in total – it could also be used as one huge home that would easily sleep up to 18 people. 

The apartments are full of original details and touches, and have been re-furbished recently from top to bottom. All apartments are totally independent from one another. 

The building is one of the most impressive you will find on the island, and is located within a highly sought out street of other mansions and luxury homes. Built in 1875 with stunning old timber, the property sits on a large plot measuring 320sqm, and offers 500sqm of living space inside. 

Lower ground floor flat
Sleeping up to four people easily, this apartment offers two spacious bedrooms and access to two private terraces with lovely views. There is a nice kitchen and family room within this unit. 

Garden flat
With access to a lovely decked area of the garden, this apartment sleeps four people in two large bedrooms and is furnished and well presented with a large living room and spacious kitchen area. 

First floor apartment
The largest apartment inside, this home sleeps six people in three bedrooms and has sole use of the grassy area of the garden for a lovely setting to spend the day sunbathing or looking out over the water. There is a kitchen and living room also. 

A luxury penthouse completes the mansion. This unit offers two bedrooms sleeping up to four people, and has access to striking balconies with amazing views out over the island and seas. 

Investment and rental opportunity
Currently, this property is operating as a small business in Turkey with each apartment placed for rent during peak months of the year for a healthy and steady income stream. Running at full capacity on a season lasting from April to October, a huge turnover can be expected. 

The current owners have an established independent rental website, as well as inclusion to some of the biggest holiday rental portals in Europe – all included within the sale, providing you with an easy turnover and foundation to continue the successful business model that is already in place. 

About Heybeliada
The second largest of the nine Princess Islands in Istanbul, Heybeliada is located less than an hour by boat away from the centre of Istanbul and is a world away from anything you could ever imagine in Istanbul – a unique and authentic setting. 

Living in Heybeliada gives you the chance to step back in time to an island where the main mode of transport is horse-drawn carriages, an island where you will find historic museums, and a gorgeous private beach club – an elite destination if there ever was one. 

This 19th century Ottoman mansion is a magnificent home that is part of Istanbul’s history – surrounded by sea and natural beauty as far as the eye can see, this property is the investment opening you have been looking for in Istanbul.

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