Istanbul Property to Renovate as Boutique Hotel 25 Bedrooms for sale

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Property Description

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.

Property Overview

Price:    £5,100,000 / €5,763,000
Reference: IST6237APT
Completion Status: Resale
Category: Investment property, Renovation property,
Tags: Hotel for sale in Istanbul european, Istanbul
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Swimming pool: Optional extra
Distance to beach: Within 100m
Bedrooms: 20
Bathrooms: 9
Floors: 5
Units in estate: Private
Sq metres built: 1220
Sq metres plot: 790
Sq metres terrace: 100
Furnished: Empty
Type of parking: Off Street Parking
Security: 24/7 Security Provided
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