Listing ID: 3600552
Seller ref: 5016

Prime 8-storey Building In Taksim Istanbul Turkey For Sale

Taksim, Istanbul, Turkey

Asking Price:: $8,000,000 (USD)

Sales Revenue:: Undisclosed

Cash Flow:: Undisclosed

2 Photos

Prime 8-Storey Building in Taksim_Istanbul_Turkey.
Drastically Reduced Price!
Don't miss out on this incredible investment opportunity.

This 8-floor building with an additional basement is a rare find in Taksim_Istanbul_Turkey. Originally priced at $18 million, it's now urgently up for sale at just $8 million!

- Total Area: 385 m² session area + 50 m² front garden
- Condition: Completely renovated last year, with brand new electricity, water, gas, and ventilation systems.
- Features: Ground floor restaurant with space for a hotel entrance at the back.

This building is ready for your vision – whether it's a hotel, office space, or any other commercial use.

Property Information

Real Estate:: Real Property Included

Location:: Taksim, Istanbul, Turkey
- Prime location in the heart of Istanbul
- Renowned for its vibrant atmosphere, shopping, dining, and cultural attractions
- Easily accessible by public transportation and major roads

Premises Details:: - Total Area: 385 m² session area + 50 m² front garden
- Structure: 8 floors + 1 basement floor
- Condition: Recently renovated with brand new systems (electricity, water, gas, ventilation)
- Ground Floor: Restaurant with space for a hotel entrance at the back
- Interior: Not internally divided into rooms, providing flexibility for customization

Business Operation

Expansion Potential:: - Customization: Opportunity to design and divide the interior to suit various business needs (hotel, office space, retail, etc.)
- Growth: Taksim is a continuously growing area with increasing tourism and business activities, offering long-term potential for appreciation
- Revenue Streams: Potential to generate multiple revenue streams from hotel operations, restaurant lease, and other commercial uses

Competition / Market:: - Local Market: High demand area for hotels, office spaces, and commercial use due to Taksim's central location
- Nearby Competitors: Numerous hotels, restaurants, and commercial buildings in the vicinity
- Competitive Edge: Recently renovated, flexible internal layout, prime location, and significantly reduced price