Hotel in Fatih, Istanbul, Turkey No. 170882

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Hotel  in Fatih, Istanbul, Turkey No. 170882
ID170882 € 1 138 953
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
  • TRY ₺

Property description

The building is suitable for use as a hotel with its functional design. The building is located in one of the most popular tourist areas of Balat. Balat is a historically and culturally rich area and is visited by millions of tourists every year. The building has the potential for high occupancy rates due to its central location.It is a 4-storey building with a total floor area of 34 sqm and a total area of 180 sqm. The building has 5 rooms. The building is close to public transportation and all important points of Istanbul are easily accessible. The building is an ideal opportunity for investment. The building is an attractive opportunity for investors due to its central location, high occupancy rate potential and high rental income potential. The building is ideal for long term investment and can provide investors with a good return.Transportation:5 min to Tram5 min to Eminonu10 min to Metrobus10 min to Grand Bazaar15 min to Sisli

Istanbul - Statistics

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ParametersIstanbul
Rent Per Month
Apartment (1 bedroom) in City Centre€ 865.37
Apartment (1 bedroom) Outside of Centre€ 528.50
Apartment (3 bedrooms) in City Centre€ 1 569.51
Apartment (3 bedrooms) Outside of Centre€ 963.42
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre€ 3 113.46
Price per Square Meter to Buy Apartment Outside of Centre€ 1 634.79
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ParametersIstanbul
Crime Index48.00
Cost of Living and Rent Index30.76
Purchasing Power Index51.96
Property Price to Income Ratio14.92
Safety Index52.00
Traffic CO₂ Index7314.29
Traffic Inefficiency Index253.20
Rent Index20.06
Health Care Index70.10
Groceries Index39.65
Pollution Index68.01
Traffic Commute Time Index51.35
Restaurant Price Index41.79
Climate Index93.02
Cost of Living Index39.36
Quality of Life Index115.96
Traffic Index238.39
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ParametersIstanbul
Restaurants
Meal, Inexpensive Restaurant€ 10.33
Meal for 2 People, Mid-range Restaurant, Three-course€ 43.89
McMeal at McDonalds (or Equivalent Combo Meal)€ 6.99
Domestic Beer (0.5 liter draught)€ 3.70
Imported Beer (0.33 liter bottle)€ 4.94
Coke/Pepsi (0.33 liter bottle)€ 1.33
Water (0.33 liter bottle) € 0.46
Cappuccino (regular)€ 3.20
Markets
Milk (regular), (1 liter)€ 1.01
Loaf of Fresh White Bread (500g)€ 0.84
Eggs (regular) (12)€ 1.79
Local Cheese (1kg)€ 9.39
Water (1.5 liter bottle)€ 0.42
Bottle of Wine (Mid-Range)€ 9.87
Domestic Beer (0.5 liter bottle)€ 1.94
Imported Beer (0.33 liter bottle)€ 2.63
Cigarettes 20 Pack (Marlboro)€ 2.06
Apples (1kg)€ 1.14
Chicken Fillets (1kg)€ 5.74
Oranges (1kg)€ 1.04
Potato (1kg)€ 0.58
Lettuce (1 head)€ 0.89
Rice (white), (1kg)€ 1.78
Tomato (1kg)€ 1.10
Banana (1kg)€ 2.05
Onion (1kg)€ 0.51
Beef Round (1kg) (or Equivalent Back Leg Red Meat)€ 18.25
Transportation
One-way Ticket (Local Transport)€ 0.55
Monthly Pass (Regular Price)€ 38.40
Gasoline (1 liter)€ 1.18
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)€ 41 144.07
Taxi Start (Normal Tariff)€ 0.82
Taxi 1km (Normal Tariff)€ 0.55
Taxi 1hour Waiting (Normal Tariff)€ 6.86
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)€ 40 257.95
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment€ 55.74
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)€ 12.26
€ 9.97
Salaries And Financing
Average Monthly Net Salary (After Tax)€ 795.82
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate47.05
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult€ 48.14
Tennis Court Rent (1 Hour on Weekend)€ 13.70
Cinema, International Release, 1 Seat€ 6.86
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)€ 53.52
1 Summer Dress in a Chain Store (Zara, H&M, ...)€ 39.33
1 Pair of Nike Running Shoes (Mid-Range)€ 94.97
1 Pair of Men Leather Business Shoes€ 82.68
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child€ 641.34
International Primary School, Yearly for 1 Child€ 14 308.23
Data are provided by Numbeo.com and are based on its users survey. Turk.estate can not guarantee the validity of these data.
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CityIstanbul
DistrictFatih
TypeHotel
RoomsStudio
Living space146 m2
Price
  • Price
  • per m²
€ 1 138 953
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
  • TRY ₺
Seller
Tatyana
Tatyana
Sales manager