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Global Properties

10 bedrooms Commercial property in Istanbul, Turkey No. 33957

$ 8 586 829
$ 5 204 per m²
11 Rooms
10 Bedrooms
1650 Living space, m²
Istanbul, Turkey
Alpaslan Ekiz
Trust Point
Contact seller
Parameters
Rooms
11
Bedrooms
10
Living space, m²
1650
ID
33957
Type
Commercial property
Property description
Located in the vibrant and highly sought-after area of Cihangir, Beyoglu, this boutique hotel offers a fantastic opportunity for both investors and business owners. Cihangir is a popular destination known for its vibrant atmosphere, packed with trendy cafes, pubs, restaurants, and famous brands, making it a year-round hotspot for tourists and locals alike.

The hotel is strategically positioned just 200 meters from the bustling istiklal Street, one of Istanbul's most famous avenues, and 250 meters from the metro station, providing excellent access to all corners of the city. Additionally, Taksim Square is only 220 meters away, and the Bosphorus is just a short distance from the property, offering stunning views from all floors of the building.

The property spans across a 397 sqm plot and has a total of 8 floors. The hotel features a unique layout, with 5 floors dedicated to the rooms and additional areas including a restaurant, cafe, and bar. The hotel comprises 10 well-appointed rooms, each with a balcony, bathroom, and air conditioning.
The lower floors, accessible via the building's distinctive design, include a bar, office room, kitchen, and a garden terrace. The top-floor terrace provides additional leisure space with magnificent views of the Bosphorus.

Located within walking distance of cultural landmarks like Dolmabahce Palace, Galata Tower, and Topkapı Palace, as well as public transportation hubs, this boutique hotel offers both a premium location and ample space for various commercial possibilities.
Features
Features
  • Balcony
  • Air Conditioners
  • Furnished
Indoor facilities
  • Heating system
  • Fitness room
  • Elevator
  • Covered parking
  • Outdoor parking lot
Outdoor features
  • Electric generator
  • Garden
Statistics Istanbul
$ 3 058
Price per m²
124
Quality of Life Index
44
Cost of living Index
Parameters
[:second_city:]
Istanbul
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 003
2-Room Apartment
$ 631
Apartment Purchase Price per m²
In the City Center
$ 3 058
Outside the City Center
$ 1 627
Crime Index
48
Cost of Living and Rent Index
34
Purchasing Power Index
63
Property Price to Income Ratio
11
Safety Index
52
Traffic CO₂ Index
7186
Traffic Inefficiency Index
251
Rent Index
21
Health Care Index
70
Groceries Index
41
Pollution Index
67
Traffic Commute Time Index
51
Restaurant Price Index
48
Climate Index
93
Cost of Living Index
44
Quality of Life Index
124
Traffic Index
234
Restaurants
Meal, Inexpensive Restaurant
$ 11.70
Meal for 2 People, Mid-range Restaurant, Three-course
$ 49.15
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.36
Domestic Beer (0.5 liter draught)
$ 4.68
Imported Beer (0.33 liter bottle)
$ 5.85
Coke/Pepsi (0.33 liter bottle)
$ 1.59
Water (0.33 liter bottle)
$ 0.58
Cappuccino (regular)
$ 3.93
Markets
Milk (regular), (1 liter)
$ 1.08
Loaf of Fresh White Bread (500g)
$ 0.70
Eggs (regular) (12)
$ 2.57
Local Cheese (1kg)
$ 9.65
Water (1.5 liter bottle)
$ 0.55
Bottle of Wine (Mid-Range)
$ 11.70
Domestic Beer (0.5 liter bottle)
$ 2.23
Imported Beer (0.33 liter bottle)
$ 3.29
Cigarettes 20 Pack (Marlboro)
$ 2.22
Apples (1kg)
$ 1.82
Chicken Fillets (1kg)
$ 6.13
Oranges (1kg)
$ 1.56
Potato (1kg)
$ 0.65
Lettuce (1 head)
$ 0.93
Rice (white), (1kg)
$ 2.26
Tomato (1kg)
$ 1.38
Banana (1kg)
$ 2.49
Onion (1kg)
$ 0.57
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 20.75
Transportation
One-way Ticket (Local Transport)
$ 0.82
Monthly Pass (Regular Price)
$ 56.18
Gasoline (1 liter)
$ 1.21
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 47 328
Taxi Start (Normal Tariff)
$ 1.17
Taxi 1km (Normal Tariff)
$ 0.66
Taxi 1hour Waiting (Normal Tariff)
$ 8.19
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 44 798
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 70.86
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 14.54
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 11.21
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 076
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
44%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 59.62
Tennis Court Rent (1 Hour on Weekend)
$ 18.58
Cinema, International Release, 1 Seat
$ 8.19
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 52.62
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 42.79
1 Pair of Nike Running Shoes (Mid-Range)
$ 109
1 Pair of Men Leather Business Shoes
$ 96.55
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 1 020
International Primary School, Yearly for 1 Child
$ 18 412
Alpaslan Ekiz
Trust Point
Contact seller
Alpaslan Ekiz
Trust Point
Contact seller

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