A boutique hotel for sale in the Fatih district of Istanbul
Price | ||
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Price in seller's currency : $3,360,000 | ||
Best Price Policy |
This 3-star hotel in Istanbul's historical center, specifically in the Beyazit neighborhood of Fatih, provides a unique investment opportunity due to its desirable location and attractive rental income. Spread over six floors, the hotel comprises 28 rooms accommodating 64 guests.
Currently, the hotel has a tenant who pays a rent of $13,000 per month, adding to the property's overall profitability.
The hotel has a floor area of 180 m2 and a total area of 1,150 m2. Recent renovations and reinforcement work have enhanced its structural integrity. Furthermore, the hotel includes various additional sources of revenue, such as restaurant and retail spaces located below, which contribute significantly to the bottom line.
Additionally, if desired, the number of rooms can be increased, presenting a lucrative expansion opportunity for interested parties. Given its strategic location, proximity to significant cultural sites, and established rental income, this hotel is an outstanding investment vehicle for anyone looking to enter the buoyant Istanbul real estate and hospitality markets.
Take advantage of this opportunity and invest in a proven asset with steady returns and growth potential.
It was last updated on 12-08-2024.
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1 USD=34.86, 1 EUR=36.83, 1 GBP=44.56
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