Hotel in Galata Istanbul 9 Bedrooms for sale

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Property Description

Busy Istanbul Boutique Hotel in Galata, excellent location in the old heart of the city.

This hotel has 9 Air-Conditioned Double Bedrooms, a Bar/Lounge, Reception, Telephone/Fax facilities for guests, Internet.

In the old Ottoman city of Istanbul, this boutique hotel is located in one of the most famous and well known streets of Galata. It is already managed and fully operational, on the initial analysis, no building improvements are required.

The hotel is nearly always at full capacity. 90% of the guests are foreign tourists, who love the authenticity of this hotel and truly feel like they come away with a part of Istanbul still with them.

The hotel has a strong customer database and repeat clients also.

Infromation on the area
Galata is in the European part of Istanbul in terms of geography, culture and it's history. Since it's establishment it quickly became like this with Ottomans eating, drinking, acting and 'becoming more westernized'. The fact that it was right next to Constantinople (capital of the Eastern Orthodox Byzantine Empire) did not stop it's development of a western and modern place to be. From that time, Galata has been a very active business centre.

Since the late 1980's, the Galata district became an important cultural centre once again for the locals and foreigners. There are great cafes, restaurants, local markets, authentic old houses/buildings and a colourful atmosphere which keeps people coming back. There are many foreigners who live here due to the history of it's modernization which has continued to stay alive.

There are many attractions and sights in the local vicinity.

Property Overview

Price:    £875,000 / €988,750
Reference: IST2396HOT
Completion Status: Resale
Category: Investment property,
Tags: Hotel for sale in Istanbul city centre, Istanbul
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Swimming pool: Not Applicable
Distance to beach: Within 1-2 mile(s)
Bedrooms: 9
Bathrooms: 10
Floors: 2
Units in estate: Private
Sq metres built: 500
Sq metres plot: 700
Sq metres terrace: N/A
Furnished: Fully Furnished
Type of parking: Private Parking Area
Security: Alarm System in Place
  • Air Conditioning
  • Double Glazing
  • Fitted Kitchen
  • Jacuzzi
  • Open Fire
  • Satellite
  • Storage
  • Terrace
  • Utility room
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