Hotel for Sale in Central Istanbul 30 Luxury Bedrooms

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Property Description

Very stylish hotel for sale in Central Istanbul Beyazit Sultanahmet area with 30 luxury rooms in perfect running order. The hotel enjoys over 80% occupancy year round and is profitable. Asking price represents under 10 year pay-back of investment based on last 3 years' operating income.

This is a boutique Hotel in one of Istanbul's prime tourism areas. The hotel has a repeat client base and exceptional international connections. This is a unique hotel in the very centre of Istanbul's cultural district.

The Hotel enjoys perfect location near Sirkeci railway station for convenient public transport connections.

Major attractions near the hotel are Cemberlitas Hamam, Cagaloglu Hamam and Wall of Constantinople, Hagia Sophia and Great Palace Mosaic Museum.

The hotel consists of

- a stylish restaurant
- Bar area
- elegant reception
- Double superior rooms
- Single superior rooms
- Double deluxe rooms
- Single deluxe rooms
- Suite room double
- Suite room single

Financial analysis
Our financial analysis of last 3 years accounting records and customer book indicates

- Pay back under 10 years possible
- ROI over 10%
- No debts or unaccounted charges
- 80%+ year round occupancy

For more information, contact Place Overseas UK on + 44 (0) 20 8371 0059

Property Overview

Price:    £4,121,000 / €4,656,730
Reference: IST6774HOT
Completion Status: Resale
Category: Investment property,
Tags: Hotel for sale in Istanbul city centre, Istanbul
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Swimming pool: Private
Distance to beach: Within 500m
Bedrooms: 30
Bathrooms: 35
Floors: 4
Units in estate: Private
Sq metres built: 1500
Sq metres plot: 220
Sq metres terrace: 60
Furnished: Fully Furnished
Type of parking: Off Street Parking
Security: 24/7 Security Provided
  • Air Conditioning
  • Basement
  • Domotica System
  • Double Glazing
  • Central Heating
  • Jacuzzi
  • Lift
  • Office / Study room
  • Satellite
  • Sauna
  • Sound System
  • Storage
  • Underfloor heating
  • Water Tank
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