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HOTEL LICENSED, 2ND DEGREE HISTORICAL SITE PROPERTY IN SULTANAHMET
Esteemed Investors and Potential Buyers,
An exceptional investment opportunity awaits you in the heart of Cankurtaran, the most historic and closest area to the shoreline in Sultanahmet. This property holds the promise of a licensed hotel development on a 2nd degree historical site. Positioned just a 3-minute walk from the seafront, 5-minute walk to the Sultanahmet Mosque, and a 2-minute walk to the walls of Topkapı Palace, this land is ideally situated.
This historical district not only offers easy access to renowned sites on foot but also immerses you in an ambiance of history and culture. Its history as a home that nurtured generations adds a unique and meaningful dimension to the property.
The land has been created through the consolidation of three separate parcels, resulting in two separate title deeds now being offered, totaling 618 square meters of closed area with building rights. The foundation of a stone structure has been laid on one of the title deeds, and a project approved by the Monument Council is available. However, the property's potential extends to the merging of the two parcels or the possibility of altering the existing project.
This area is in the midst of an extensive urban transformation, with surrounding buildings being modernized as part of the process. The land is registered under a single individual's name, and the asking price for this unique parcel, including all previous project plans, is 1.5 Million Dollars. This price point should be considered highly attractive compared to comparable properties in the area.
The region's lucrative hospitality and commercial enterprises have thrived, and its tourism potential remains active all year round, benefiting from its four-season attraction. Consequently, the investment potential is substantial. This historical and prestigious property offers not only an investment but also a rare ownership opportunity that is intertwined with its past. Additionally, there's the potential to develop a hotel on this land.
Don't miss out on this opportunity.
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