This newly renovated historical building is located in Balat area of Fatih in Istanbul and is just a short walking distance away from all amenities, landmarks, and things to do. This property is ideal for an investor seeking short term rental income via platforms such as Airbnb or long term rental income from the local market.
- Charming building for sale in Balat Fatih
- Four floors and four apartments in total
- Lots of Airbnb and long term rental potential
- Surrounded by amenities and necessities
- Title Deed ready, suitable for Citizenship
Renovated to excellent standards throughout, this historical building is located within the Balat area of Fatih and is just 15 minutes walking distance away from Hagia Sophia, Topkapi Palace, and several other renowned Istanbul landmarks. This is an opportunity that you do not want to miss out on.
About the building
This building consists of four apartments in total and is built across four floors with each floor having its own apartment. The building is newly renovated. The layout of each floor is as follows:
First floor: 1+1 apartment measuring 56m2
Second floor: 1+1 apartment measuring 62m2
Third floor: 1+1 apartment measuring 62m2
Rooftop floor: 1+1 apartment measuring 37m2
The property is sold with one Title Deed and meets the requirements for those looking to apply for Turkish Citizenship by Investment. For more information about that, please call or contact us to speak directly with our local advisors who are happy to assist you and answer all of your questions.
Completion date
July 2023.
Rental potential
The location and quality of the building assures a high demand for rental income. The owner could rent units out via Airbnb to tourists, rent long term to students, or simply rent as normal apartments to those working and living in Fatih.
Location in Istanbul
Centrally located in Balat area of Fatih, this historical building is surrounded by other buildings that are being regenerated to high standards as the neighbourhood rediscovers its former glory. Local amenities such as boutique shops, restaurants, coffee houses, and lots more can all be reached on foot within a ten minute radius. Landmarks such as Topkapi Palace and Hagia Sophia are 15 minutes away. The location is perfect in terms of connectivity with public transportation nearby available for moving around the city of Istanbul.
Distances driving
1 minute away from Tramway
1 minute away from Balat
1 minute away from Golden Horn
1 minute away from Kadis Has University
1 minute away from Marina
2 minutes away from Topkapi University
2 minutes away from private Balat Hospital
5 minutes away from Halic University
5 minutes away from Eminonu
5 minutes away from Taksim
5 minutes away from Halic Metro station
Distances walking
15 minutes away from Suleymaniye Mosque
15 minutes away from Topkapi Palace
15 minutes away from Hagia Sophia Mosque