Price: $550,000
Ref:PQTR14001
Commercial
N/A
N/A
160 m²
Entire income-generating building (not a single unit)
85% short-term rental occupancy
Projected $65,000 annual gross revenue
Extremely low operating costs
UNESCO World Heritage location
Turnkey & ready-to-operate
High tourism-driven demand
Located in Balat, Fatih – Istanbul (European Side), this fully renovated G+4 building comprises five turnkey studio apartments positioned in one of Istanbul’s highest-demand tourism micro-markets. Situated within the UNESCO World Heritage-listed district along the Golden Horn, the property benefits from year-round domestic and international visitor flow.
Balat_Building_Fatih_PQT_14001
The building spans 160 sqm total built-up area and includes five fully furnished studio units, each equipped with a double bed, balcony, modern bathroom, air conditioning, heating, washing machine and fully fitted kitchen — ready for immediate short-term rental operation.
Balat_Building_Fatih_PQT_14001
Entire 5-Unit Building — Contact PQT for Current Asking Price
Balat_Building_Fatih_PQT_14001
The asset demonstrates strong rental performance with an 85% occupancy rate, generating approximately $65,000 gross annual revenue (around $5,400 per month). Monthly expenses remain exceptionally low at $200–$300, resulting in an estimated net annual income of $61,400–$62,600.
Balat_Building_Fatih_PQT_14001
Security infrastructure includes main door security, intercom system, CCTV surveillance and smart door locks in each unit — supporting seamless self-check-in operations through platforms such as Airbnb and Booking.com.
Balat_Building_Fatih_PQT_14001
Balat’s rapid transformation into one of Istanbul’s most photographed and visited historic districts ensures sustained rental demand, strong yield performance and long-term capital appreciation potential.
Occupancy Rate: 85%
Annual Gross Revenue: $65,000
Estimated Net Income: ~$62,000
Monthly Expenses: $200–$300
Tourism-Driven Micro-Market
Full Ownership Control of 5 Units
Strong Capital Appreciation in Fatih
G+4 fully renovated building | 160 sqm total area | 5 studio apartments | Fully furnished & equipped | Balcony in each unit | Air conditioning & heating | Washing machine in each unit | Fully equipped kitchen | Smart door lock system | CCTV surveillance | Intercom system | Main door security | 85% occupancy rate | $65,000 annual gross revenue | ~$62,000 estimated net income | UNESCO heritage district | Walking distance to Golden Horn | Ready to operate | High-yield tourism asset