Commercial for sale
Kagithane, Istanbul, Marmara, Turkey
Full Description
Investment Hotel Rooms in a Centrally Located Project in Kagithane
The luxurious complex is located in Kagithane, one of the up-and-coming residential areas and business centers of the European Side of Istanbul. Kagithane has rich public transportation facilities that offer easy access to many points on the European Side.
Hotel rooms for sale in Istanbul Kagithane are located within walking distance of daily amenities such as banks, schools, parks, 1 km to Okmeydani SSK Hospital, 1.2 km to Çaglayan subway station, 2.1 km to Istanbul Courthouse, 2.8 km to Istanbul Bilgi University, 3 km to Cevahir Shopping Center, 3.3 km to Haliç University, 3.6 km to Istanbul Commerce University, 8 km to Dolmabahçe Besiktas coast and 37.3 km from Istanbul Airport.
The complex consists of 144 commercial units with interior space ranging from 40 sqm to 694 sqm in 2 blocks with 10 floors on a ??20,000 sqm land. In the project, there is an indoor pool, indoor car parking area, spa, cinema, vitamin bar, basketball court, conference hall, reception and lobby services, cafes, meeting room, guest seating areas, generator, lightning rod, water tank, elevator, 24/7 security camera system, and security.
The hotel rooms will be rented with a 10-year contract and the property owners will get a share of the pond system. The owner has the right to use the property for 15 days a year. Payments of the incomes of the property owners will be made quarterly. The project offers a high investment opportunity with its annual rental potential ranging from 5% to 6%.
IST-0932
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