Renovated Four-Storey Building Near the Coast in Balat, Istanbul
$1,600,000
$4,706/m²
- 4
- Bedrooms
- 5
- Bathrooms
- 340 m²
- Interior
- 65 m²
- Plot
- House
- Type
- 28 Aug 2026
- Listed
The Habio take
This recently renovated four-storey house offers a fantastic opportunity just 250 metres from the coast in Balat, a vibrant historical district of Istanbul. With easy access to daily amenities and cultural landmarks, it’s an ideal investment prospect, especially for Airbnb.
- investment
- walkable
- historic
- coastal
- city
Highlights
- Four-storey building with multiple apartments
- Close to the coast and main street
- Furnished with modern amenities and finishes
- Ideal for Airbnb investment
- Balcony and terrace for outdoor space
Worth knowing
- Limited plot size of 65 sqm
- May require ongoing maintenance due to rental use
- Located in a busy tourist area
Good fit for: Ideal for investors or families seeking a blend of urban living and cultural richness.
Lifestyle scores
- Beach
- 85
- Walkable
- 80
- Remote work
- 60
- Family
- 70
- Retirement
- 60
- Airport access
- 70
- Investment
- 75
- Luxury
- 65
- Value
- 55
About this place
This furnished four-storey building in Balat features a total of four apartments: three 65 square metre 1+1 apartments and a 130 square metre 2+1 duplex apartment, all newly renovated. Each apartment is equipped with modern amenities, including LED and spot lighting, laminate and ceramic flooring, steel exterior doors, and shower cabins.
The building occupies a plot size of 65 square metres, with a terrace on the top floor and balconies for the apartments, enhancing outdoor living space. Its strategic location is just a short walk from the main street, tram stop, and local beach, making it an attractive choice for both residents and tourists.
Balat is known for its colourful homes and rich historical character, drawing both domestic and international visitors. The property is close to major attractions, being only 2.3 km from the Grand Bazaar, 3.9 km to Taksim Square, and 500 m from the Atatürk Bridge, making it a prime location for investment.
What this place offers
- furnished
- balcony
- terrace
- central heating
- natural gas
- satellite TV
- shower cabins
Where you’ll be
İstanbul, Turkey
Exact location is confirmed by the agent on enquiry.
Buying Property in Turkey
Purchasing a home in Turkey involves several legal and financial steps, including dealing with local authorities for deed transfers and compliance checks. Buyers should budget for taxes, appraisal, and potential legal fees on top of the property price.
Foreign buyers face restrictions such as land ownership limits and prohibitions in military zones.
The legal environment can vary slightly depending on regional laws and recent legislative changes.
Sources consulted (2026-07-27): - Property Purchase in Turkey: A Foreigner’s Guide to Buying Real Estate (2025) - Turkish Council: https://www.turkishcouncil.org/property-purchase-in-turkey-a-foreigners-guide-to-buying-real-estate-2025/?utm_source=habio - Can Foreigners Buy Property in Turkey? - LegalClarity: https://legalclarity.org/can-foreigners-buy-property-in-turkey/?utm_source=habio
It's crucial for buyers to verify information with a qualified local professional to ensure compliance with current regulations.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
