This portfolio belongs to KW COMMERCIAL of KWCEM
A Seven storey Renovated Historical hotel of 1050sqm
at the center of KARAKOY
In a renovated 19th-century building, 197 meters from the iconic Galata Tower, and 293 meters from Karakoy Tram Station, our hotel of 1050sqm is at an impressive location.
As a full representative of the building, we can give you details of the investment, return of investment details, approved project details and others in our meeting.
Since all the related documents are complete, the Hotel can be purchased using bank credit. Even without the expected value increase through the approved project, the current ROI is a small number of years. If the TerraceBar, where the sea can be seen magnificiantly, will be converted to an open usage luxurious restaurant, the income and the ROI will improve even more.
The hotel, with mainly Cultural Tourism hosts, works with a very high occupancy rate, is rated at a very high average, at 9,2 for location and 8,4 for general.
We recommend You not to lose this chance of finding this particular investment, which really is a seldom happening.
*Permission of Alcoholic drinks
*24h Hot Water
KWCEM SPECIAL CATEGORY HOTEL at the CENTER of ISTANBUL
İstanbul/ Beyoğlu/ Bereketzade Mah. USD 8.900.000
List No: A601E
Property Type: Touristic
Closed Area sqm: 1050
Building: Second Hand
Open Area sqm: 50
Number of Floors: 7
Usage: Used by renter
Number of Aparts: 19
Age of Building 116
Number of Rooms: 22
Credit Position: Existing
Ground Survey: Existing
Numbers of Beds: 28