A luxury 4* hotel in the Golden Horn, the European part of Istanbul near the city center and Taksim Square.
The hotel has 210 rooms and is currently managed by a famous hotel chain, but also without management contract for sale (freehold).
It is a fairly new hotel, built in 2012.
- A very good location
- Very good grades
- The possibility of sale with or without management
- A good occupancy rate
- A ROI of 9% - 10%
Price = USD 82.000.000
After a NDA and LOI we have more information available.