Furnished Four-Storey Building Ideal for Airbnb in Balat
$1,100,000$4,783/m²
4
bedrooms
4
bathrooms
230 m²
interior
60 m²
plot
House
property type
1 week ago
listed
The Habio take
AI summaryThis well-appointed four-storey building offers a prime opportunity in Balat, Istanbul, just 200 metres from the sea. With its vibrant cultural atmosphere and close proximity to key sites, it’s an ideal location for potential buyers seeking a property with rental income.
- investment
- city
- historic
Highlights
- Fully furnished and equipped for Airbnb
- Prime location near the sea
- Four-storey building with multiple rental units
- Proximity to historic sites like Galata Tower
- Strong potential for high rental income
Worth knowing
- Car likely needed for further sightseeing
- May require ongoing maintenance due to age
Good fit for: Ideal for investors seeking short-term rental opportunities in a vibrant area.
Lifestyle scores
- Beach
- 90
- Walkable
- 85
- Remote work
- 70
- Family
- 60
- Retirement
- 50
- Airport access
- 75
- Investment
- 85
- Luxury
- 70
- Value
- 80
About this place
This furnished four-storey building, suitable for Airbnb, is located in the historic district of Fatih, specifically in Balat, only 200 metres from the sea. Balat is known for its colourful houses, churches, and rich architecture, making it a desirable area that continues to increase in value. The property is within walking distance of daily amenities, enhancing its appeal for both residents and visitors alike.
The building is set on a 60 sqm plot and features one flat per floor, each designed for optimal rental potential. The ground floor flat measures 57 sqm, while the first and second floors each offer 63 sqm flats, and the third floor flat is 38 sqm. Each unit comprises 1-bedroom configurations with open kitchens, ensuring a comfortable living space that maximises natural light through large windows.
The building will be delivered fully furnished and will undergo interior and exterior renovations prior to sale, featuring modern amenities, including steel exterior doors, shower cabins, central satellite systems, and individual heating units. This low-maintenance investment provides an exceptional opportunity in a thriving area for high rental income from Airbnb.
What this place offers
- furnished
- central heating
- natural gas
- satellite system
- shower cabins
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
