Istanbul Hotel for Sale 2400sqm Covered Area for sale

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Property Description

2,400sqm net covered area apart-hotel in prime location Istanbul. The building is currently used as an apart-hotel arranged over 16 residential units. It requires modernization and a face up-lift to convert into a prime location hotel that can accommodate up to 50 bedrooms. Similar hotels in the area command a significant premium.

This is a historic apart-hotel which has 16 residences with ample living space and spacious bedrooms. Each residence has 90m2 living area. The building can be renovated as a 50-55 room hotel.

Facilities and Features
Terrace restaurant with excellent Bosphours view
16 rooms with ensuite bathrooms
Each room has 90m2
Metrobus, train station, bus station very close, only 100metres away

Property Overview

Price:    £6,880,000 / €7,774,400
Reference: IST6522HOT
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 100m
Bedrooms: 16
Bathrooms: 17
Floors: 6
Units in estate: Private
Sq metres built: 2400
Sq metres plot: 400
Sq metres terrace: N/A
Furnished: Fully Furnished
Type of parking: Private Parking
Security: Alarm System in Place
  • Air Conditioning
  • Basement
  • Beamed Ceiling
  • Domotica System
  • Double Glazing
  • Equipped Kitchen
  • Central Heating
  • Lift
  • Office / Study room
  • Open Fire
  • Satellite
  • Sound System
  • Storage
  • Terrace
  • Utility room
  • Water Tank
  • Water Well
  • Wine Cellar
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