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Multi-family home for sale in Fener

USD 399,000

Multi-family home (For sale)

2 bd
2 ba
2,185 sqft
lot 732 sqft
Reference: EDEN-T94097791 / 94097791
Own a unique piece of Istanbul's history with this charming three-storey building located in the heart of Balat , one of the city's most iconic and rapidly appreciating historic neighborhoods. Offering spectacular views of the Bosphorus and the Golden Horn , this property presents an exceptional opportunity for investors seeking a boutique hospitality project, Airbnb apartments, or a distinctive city residence. Situated among colorful Ottoman streets, historic landmarks, trendy cafés, and cultural attractions, the building is perfectly positioned in one of Istanbul's most visited tourist destinations. Although the property requires renovation, its outstanding location, panoramic terrace views, and flexible layout offer tremendous potential for value appreciation and rental income. Property Features • Three-storey historic building
• Panoramic Bosphorus and Golden Horn views
• Large rooftop terrace with stunning city views
• Two independent 1+1 apartments
• Two kitchens and two bathrooms
• Suitable for renovation and customization
• Ideal for boutique apartments, Airbnb, or a small apart-hotel (subject to local regulations)
• Eligible for the Turkish Citizenship by Investment Program (subject to meeting legal requirements) Prime Historic Location Located in the heart of Balat, one of Istanbul's UNESCO-recognized historic districts, the property is surrounded by centuries of history, vibrant cafés, boutique galleries, and cultural attractions. Nearby Landmarks • 3 minutes to the Historic Bazaar and popular cafés
• 4 minutes to Istanbul's main tourist attractions in the area
• Walking distance to the famous Fener Greek Houses
• Close to the Ecumenical Patriarchate and the historic Bulgarian Iron Church
• Walking distance to the historic Red Greek School (Phanar Greek Orthodox College)
• 10 minutes to Sultanahmet and the Grand Bazaar
• 12 minutes to Taksim Square and Galata Tower
• 20 minutes to Ortaköy and the Bosphorus waterfront
• 1 hour to Istanbul Airport Investment Highlights • Rare historic building with Bosphorus and Golden Horn views
• Excellent opportunity for boutique hospitality or short-term rentals (subject to local regulations)
• Located in one of Istanbul's fastest-appreciating heritage districts
• High tourism demand throughout the year
• Strong capital appreciation potential
• Suitable for international investors seeking Turkish Citizenship by Investment (subject to eligibility requirements) This exceptional property combines history, character, breathtaking views, and outstanding investment potential, offering a rare opportunity to restore and transform a landmark building in one of Istanbul's most captivating neighborhoods.
Features:
- Barbecue
- Internet
View more View less Own a unique piece of Istanbul's history with this charming three-storey building located in the heart of Balat , one of the city's most iconic and rapidly appreciating historic neighborhoods. Offering spectacular views of the Bosphorus and the Golden Horn , this property presents an exceptional opportunity for investors seeking a boutique hospitality project, Airbnb apartments, or a distinctive city residence. Situated among colorful Ottoman streets, historic landmarks, trendy cafés, and cultural attractions, the building is perfectly positioned in one of Istanbul's most visited tourist destinations. Although the property requires renovation, its outstanding location, panoramic terrace views, and flexible layout offer tremendous potential for value appreciation and rental income. Property Features • Three-storey historic building
• Panoramic Bosphorus and Golden Horn views
• Large rooftop terrace with stunning city views
• Two independent 1+1 apartments
• Two kitchens and two bathrooms
• Suitable for renovation and customization
• Ideal for boutique apartments, Airbnb, or a small apart-hotel (subject to local regulations)
• Eligible for the Turkish Citizenship by Investment Program (subject to meeting legal requirements) Prime Historic Location Located in the heart of Balat, one of Istanbul's UNESCO-recognized historic districts, the property is surrounded by centuries of history, vibrant cafés, boutique galleries, and cultural attractions. Nearby Landmarks • 3 minutes to the Historic Bazaar and popular cafés
• 4 minutes to Istanbul's main tourist attractions in the area
• Walking distance to the famous Fener Greek Houses
• Close to the Ecumenical Patriarchate and the historic Bulgarian Iron Church
• Walking distance to the historic Red Greek School (Phanar Greek Orthodox College)
• 10 minutes to Sultanahmet and the Grand Bazaar
• 12 minutes to Taksim Square and Galata Tower
• 20 minutes to Ortaköy and the Bosphorus waterfront
• 1 hour to Istanbul Airport Investment Highlights • Rare historic building with Bosphorus and Golden Horn views
• Excellent opportunity for boutique hospitality or short-term rentals (subject to local regulations)
• Located in one of Istanbul's fastest-appreciating heritage districts
• High tourism demand throughout the year
• Strong capital appreciation potential
• Suitable for international investors seeking Turkish Citizenship by Investment (subject to eligibility requirements) This exceptional property combines history, character, breathtaking views, and outstanding investment potential, offering a rare opportunity to restore and transform a landmark building in one of Istanbul's most captivating neighborhoods.
Features:
- Barbecue
- Internet
Reference: EDEN-T94097791
Country: TR
City: Balat Mahallesi
Postal code: 16140
Category: Residential
Listing type: For sale
Property type: Multi-family home
Property size: 2,185 sqft
Lot size: 732 sqft
Rooms: 2
Bedrooms: 2
Bathrooms: 2
Outdoor Grill: Yes
Internet access: Yes

SALE PRICE PER SQFT IN FENER

Average sale price per sqft
Feb 2017
3 months
1 year
House
-
-
-
Apartment
USD 2
-3.5%
-

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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