Fully Renovated 13-Unit Building In Galata – Steady Rental Income Investment Opportunity
Fully Renovated 13-Unit Building In Galata – Steady Rental Income Investment Opportunity
EIDS Verified
Located in one of Istanbul’s most vibrant districts, Galata / Beyoğlu, this investment opportunity consists of a fully renovated residential building ideal for both short- and long-term rentals.
Set on a 236 m² plot, the property offers a total of 1,089 m² of lettable area, comprising 13 independent units (studios, 1-bedroom, 2-bedroom, and 3-bedroom apartments).
The building underwent structural reinforcement and a comprehensive renovation in 2007 and was re-commissioned for use in 2008.
The building is currently fully leased, providing steady rental income and high occupancy rates, ensuring a sustainable income performance.
Thanks to its prime location and strong potential for short-term rentals (Airbnb, serviced apartment operations), it represents a stable cash-flow investment asset in one of Istanbul’s most sought-after neighborhoods.
Location Highlights:
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3-minute walk to Galata Tower
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10 minutes to Istiklal Avenue
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Easy access to metro, funicular, ferry, and bus lines