Hotel for sale in Izmir, Turkey from Excluzival Group: No. 182518

Property description

PROPERTY ADVANTAGES:
In the heart of Izmir With sea view A great investment opportunity
A unique historical building in the heart of Izmir.
This building houses a hotel with 10 rooms, including standard rooms, 2 family rooms and 1 suite.
The hotel has a restaurant with 40 seats, which can be expanded to 60 seats.
On the ground floor there is a cozy room - a wine room, where you can relax in a pleasant atmosphere and taste the best local wines.
The building, which has just completed its restoration, offers a magnificent view of the sea, creating a romantic atmosphere.
This offer opens up unique opportunities for investors.
The hotel is available for sale at a price of 11,000,000 euros, or for rent with the possibility of self-management, the rent is about 120,000 euros per year.
There is also an investment lease for 250,000 euros, in which the owner guarantees a return on investment of at least 350,000 euros after three years.

This means the possibility of earning 100,000 euros in three years, with the expected occupancy of the hotel at 60%, and the actual, most likely, at 80%, the return may be even higher, which is an attractive investment proposition.

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Parameters	Izmir
Rent Per Month
Apartment (1 bedroom) in City Centre	€ 549.17
Apartment (1 bedroom) Outside of Centre	€ 388.56
Apartment (3 bedrooms) in City Centre	€ 961.38
Apartment (3 bedrooms) Outside of Centre	€ 651.59
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	€ 1 525.66
Price per Square Meter to Buy Apartment Outside of Centre	€ 894.78

Parameters	Izmir
Crime Index	32.80
Cost of Living and Rent Index	29.40
Purchasing Power Index	52.49
Property Price to Income Ratio	9.47
Safety Index	67.20
Traffic CO₂ Index	4775.13
Traffic Inefficiency Index	189.83
Rent Index	14.88
Health Care Index	73.32
Groceries Index	43.06
Pollution Index	59.96
Traffic Commute Time Index	39.86
Restaurant Price Index	35.60
Climate Index	96.88
Cost of Living Index	40.54
Quality of Life Index	142.79
Traffic Index	162.43

Parameters	Izmir
Restaurants
Meal, Inexpensive Restaurant	€ 6.84
Meal for 2 People, Mid-range Restaurant, Three-course	€ 32.05
McMeal at McDonalds (or Equivalent Combo Meal)	€ 6.84
Domestic Beer (0.5 liter draught)	€ 3.21
Imported Beer (0.33 liter bottle)	€ 4.27
Coke/Pepsi (0.33 liter bottle)	€ 1.17
Water (0.33 liter bottle)	€ 0.45
Cappuccino (regular)	€ 2.82
Markets
Milk (regular), (1 liter)	€ 0.89
Loaf of Fresh White Bread (500g)	€ 0.80
Eggs (regular) (12)	€ 2.19
Local Cheese (1kg)	€ 9.90
Water (1.5 liter bottle)	€ 0.56
Bottle of Wine (Mid-Range)	€ 9.30
Domestic Beer (0.5 liter bottle)	€ 1.85
Imported Beer (0.33 liter bottle)	€ 2.55
Cigarettes 20 Pack (Marlboro)	€ 1.90
Apples (1kg)	€ 1.36
Chicken Fillets (1kg)	€ 5.36
Oranges (1kg)	€ 1.32
Potato (1kg)	€ 0.67
Lettuce (1 head)	€ 0.82
Rice (white), (1kg)	€ 2.08
Tomato (1kg)	€ 1.51
Banana (1kg)	€ 2.30
Onion (1kg)	€ 0.54
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	€ 17.83
Transportation
One-way Ticket (Local Transport)	€ 0.53
Monthly Pass (Regular Price)	€ 42.74
Gasoline (1 liter)	€ 1.03
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	€ 40 385.18
Taxi Start (Normal Tariff)	€ 2.56
Taxi 1km (Normal Tariff)	€ 0.77
Taxi 1hour Waiting (Normal Tariff)	€ 5.34
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	€ 38 853.82
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	€ 70.20
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	€ 12.15
	€ 9.86
Salaries And Financing
Average Monthly Net Salary (After Tax)	€ 639.12
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	39.10
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	€ 38.36
Tennis Court Rent (1 Hour on Weekend)	€ 21.90
Cinema, International Release, 1 Seat	€ 6.62
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	€ 42.38
1 Summer Dress in a Chain Store (Zara, H&M, ...)	€ 33.11
1 Pair of Nike Running Shoes (Mid-Range)	€ 80.25
1 Pair of Men Leather Business Shoes	€ 96.46
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	€ 510.93
International Primary School, Yearly for 1 Child	€ 12 953.97

Hotel in Izmir, Turkey No. 182518

Property description

Location

Izmir - Statistics