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Luxury 4-Star International Brand Hotel for Sale in Istanbul’s Taksim District

  • €75.000.000
Europian Side İstanbul

Details

Updated on September 15, 2024 at 9:25 am
  • Property ID: 35834
  • Price: €75.000.000
  • Property Size: 8875 m2
  • Land Area: 486 m2
  • Rooms: 100
  • Property Type: Hotel
  • Property Status: For Sale
  • Pool: Share
  • Parking: Complex Car Parking

Description

A rare opportunity awaits investors seeking to own a 4-star luxury hotel in the heart of Istanbul’s dynamic Taksim district. This internationally branded hotel combines modern elegance with a prime location, offering excellent potential for both immediate profitability and long-term growth. With 100 rooms and the potential to upgrade to a 5-star hotel standard, this property is a solid investment in one of Istanbul’s most visited and lively areas. The asking price for this unique property is €75 million Euro.

Reason to Invest                                                                                                      

  • Prime Location in Taksim, European Side of Istanbul
  • Great investment opportunity
  • Freehold Title Deed property
  • Walking distance to local amenities
  • Operated by an International Brand Name in the Hotel Industry

Property Overview:

Situated on a land area of 486 m², the hotel spans a total building living area of 8,875 m², showcasing modern architectural design and high-end technical specifications. The hotel’s 100 guest rooms are tastefully designed with a focus on comfort and luxury, catering to both business and leisure travellers.

This property presents an incredible opportunity for investors looking to elevate it to 5-star hotel standards, as it is fully equipped with the infrastructure necessary to meet the requirements for such an upgrade. Furthermore, obtaining a 5-star hotel license is both feasible and highly advantageous, as the hotel’s existing facilities already align with luxury hospitality standards.

Prime Location in Taksim:

The hotel’s location in Istanbul’s iconic Taksim district offers unmatched accessibility and appeal. Known as the heart of the city, Taksim is a bustling centre for business, culture, and tourism. Taksim Square, Istiklal Avenue, and a host of nearby attractions such as the Galata Tower and Dolmabahçe Palace ensure a steady influx of international tourists and business travellers.

Additionally, Taksim is a transportation hub, offering easy access to the metro, tram lines, and ferry terminals, making it convenient for guests to explore all parts of Istanbul. Proximity to Şişli and Beşiktaş, two thriving commercial districts, further enhances the hotel’s appeal, ensuring a steady stream of corporate clients, alongside tourists.

Hotel Features & Amenities:

Although currently operating as a 4-star hotel, the property is already equipped with facilities that can be elevated to 5-star standards. These include:

  • Gourmet Restaurant: Guests can enjoy a high-quality dining experience, with international and local dishes prepared by skilled chefs in the hotel’s on-site restaurant.
  • Fitness & Wellness Facilities: The hotel is equipped with a fitness center and wellness area, offering guests the opportunity to relax and stay healthy during their stay.
  • Business & Conference Rooms: Ideal for hosting corporate meetings, conferences, and seminars, the hotel offers well-appointed meeting spaces with modern audio-visual equipment.
  • Concierge & 24/7 Guest Services: A team of highly trained staff ensures every guest’s needs are met around the clock, providing excellent service, from travel assistance to personalized guest experiences.
  • High-Technical Specifications: The hotel has been built with the latest technical specifications, ensuring energy efficiency, modern safety standards, and high-quality building materials. This not only enhances the guest experience but also reduces long-term operational costs.

Investment Potential:

The hotel comes with a freehold title deed, giving full ownership rights to the buyer, a highly valuable asset in Istanbul’s real estate market. The ability to easily upgrade the property to 5-star status makes it a standout opportunity. Investors can capitalize on the high demand for luxury hotels in Istanbul, driven by the city’s status as a global business hub and a top tourist destination.

With the infrastructure already in place, the process of elevating this property to a 5-star luxury hotel is both straightforward and highly profitable. The hotel’s prime location, coupled with its existing facilities and future potential, ensures an excellent return on investment.

Asking Price: €75.000.000 Euro

At an asking price of €75 million, this hotel represents not only an immediate income-generating asset but also a lucrative opportunity to upgrade and increase its value. Whether retaining its 4-star status or elevating it to a 5-star luxury destination, this hotel is poised for long-term success in Istanbul’s booming hospitality market.

This is your chance to acquire a luxury international brand hotel in the prestigious Taksim district and position yourself for continued growth in one of the world’s most exciting cities.

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