Renovation project needed for this historic building located in Istanbul Ortakoy. Within 50 metres to seafront, this spacious property requires renovation and refurbishment to its former glory. The property is ideal to be restored as a boutique hotel and would provide for minimum 25 very large bedrooms, reception and facilities.
The property offers Bosphorus views at a stunning prime location within minutes of Taksim square and first Bosporus Bridge.
Located in Ortakoy, Istanbul, the property is made up of 5 floors and has a large private garden. Closed area is 1220m2 and plot size is approximately 800m2. The property is located stone's throw to well known landmark of Ciragan Palace on the Bosporus (now Kempinski) as well as the charming waterfront district of Ortakoy.