Hotel in Fatih, Istanbul, Turkey No. 170886

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Hotel  in Fatih, Istanbul, Turkey No. 170886
ID170886 € 1 056 632
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
  • TRY ₺

Property description

The building is located in Balat in one of the most central locations on the European side. It is just a few minutes walk from the metro and tram. There are many restaurants, cafes, shops and parks nearby. The building has a floor area of 57 sqm and a total construction area of 275 sqm and consists of 4 1+1 apartments. All apartments are renovated and have a modern design.This building is an ideal opportunity for investment. The location of the building, the construction area, the condition of the apartments and the rental income are very good. This building offers high earning potential for investors in the long term.Transportation1 min to Golden Horn5 min to Metro5 min to Taksim5 min to Eminonu15 min to Sisli

Istanbul - Statistics

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ParametersIstanbul
Rent Per Month
Apartment (1 bedroom) in City Centre€ 875.97
Apartment (1 bedroom) Outside of Centre€ 549.96
Apartment (3 bedrooms) in City Centre€ 1 589.70
Apartment (3 bedrooms) Outside of Centre€ 946.62
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre€ 3 123.25
Price per Square Meter to Buy Apartment Outside of Centre€ 1 660.92
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ParametersIstanbul
Crime Index47.98
Cost of Living and Rent Index30.65
Purchasing Power Index51.27
Property Price to Income Ratio14.80
Safety Index52.02
Traffic CO₂ Index7310.29
Traffic Inefficiency Index252.97
Rent Index19.86
Health Care Index70.11
Groceries Index38.69
Pollution Index67.97
Traffic Commute Time Index51.30
Restaurant Price Index42.63
Climate Index93.02
Cost of Living Index39.24
Quality of Life Index115.89
Traffic Index238.13
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ParametersIstanbul
Restaurants
Meal, Inexpensive Restaurant€ 10.91
Meal for 2 People, Mid-range Restaurant, Three-course€ 43.65
McMeal at McDonalds (or Equivalent Combo Meal)€ 7.64
Domestic Beer (0.5 liter draught)€ 3.82
Imported Beer (0.33 liter bottle)€ 4.91
Coke/Pepsi (0.33 liter bottle)€ 1.37
Water (0.33 liter bottle) € 0.47
Cappuccino (regular)€ 3.21
Markets
Milk (regular), (1 liter)€ 1.03
Loaf of Fresh White Bread (500g)€ 0.83
Eggs (regular) (12)€ 1.96
Local Cheese (1kg)€ 9.65
Water (1.5 liter bottle)€ 0.47
Bottle of Wine (Mid-Range)€ 10.91
Domestic Beer (0.5 liter bottle)€ 1.97
Imported Beer (0.33 liter bottle)€ 2.71
Cigarettes 20 Pack (Marlboro)€ 2.10
Apples (1kg)€ 1.21
Chicken Fillets (1kg)€ 5.62
Oranges (1kg)€ 1.05
Potato (1kg)€ 0.59
Lettuce (1 head)€ 0.93
Rice (white), (1kg)€ 1.82
Tomato (1kg)€ 1.27
Banana (1kg)€ 2.09
Onion (1kg)€ 0.53
Beef Round (1kg) (or Equivalent Back Leg Red Meat)€ 18.61
Transportation
One-way Ticket (Local Transport)€ 0.55
Monthly Pass (Regular Price)€ 40.45
Gasoline (1 liter)€ 1.19
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)€ 40 922.53
Taxi Start (Normal Tariff)€ 0.82
Taxi 1km (Normal Tariff)€ 0.55
Taxi 1hour Waiting (Normal Tariff)€ 6.82
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)€ 40 301.87
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment€ 57.67
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)€ 12.51
€ 10.53
Salaries And Financing
Average Monthly Net Salary (After Tax)€ 808.35
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate47.85
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult€ 48.58
Tennis Court Rent (1 Hour on Weekend)€ 14.57
Cinema, International Release, 1 Seat€ 6.82
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)€ 54.84
1 Summer Dress in a Chain Store (Zara, H&M, ...)€ 40.68
1 Pair of Nike Running Shoes (Mid-Range)€ 94.89
1 Pair of Men Leather Business Shoes€ 86.01
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child€ 671.49
International Primary School, Yearly for 1 Child€ 16 669.30
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 space158 m2
Price
  • Price
  • per m²
€ 1 056 632
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
  • TRY ₺
Seller
Tatyana
Tatyana
Sales manager