Five-Storey Furnished Building in Vibrant Balat, Fatih
$1,350,000$4,821/m²
9
bedrooms
5
bathrooms
280 m²
interior
58 m²
plot
House
property type
1 week ago
listed
The Habio take
AI summaryThis well-appointed five-storey building features nine bedrooms and five bathrooms, ideal for both residential and rental income in the bustling Balat neighbourhood. Located just 350 metres from the main street, it offers easy access to Istanbul's rich cultural and historical attractions.
- city
- historic
- investment
- rental income
- family
Highlights
- Five-storey furnished building
- High rental income potential
- Located in vibrant Balat neighbourhood
- Walking distance to amenities and transport
- Bright apartments with large windows
Worth knowing
- No lift mentioned for accessibility
- Limited outdoor space due to plot size
Good fit for: Ideal for investors seeking rental income or a large family residence.
Lifestyle scores
- Beach
- 60
- Walkable
- 80
- Remote work
- 70
- Family
- 75
- Retirement
- 60
- Airport access
- 70
- Investment
- 85
- Luxury
- 65
- Value
- 70
About this place
This turnkey five-storey building is situated in the vibrant Balat neighbourhood of Fatih, known for its charming, colourful houses and cosmopolitan atmosphere. Covering a total internal area of 280 square metres with a land plot of 58 square metres, the property comprises a one-bedroom apartment on the ground floor and four two-bedroom apartments on the upper levels, making it suitable for various living arrangements or rental opportunities.
The building is designed to be bright and airy, benefiting from ample natural light due to its large windows. Each apartment is furnished and features modern amenities, including open-plan kitchens, steel exterior doors, shower cabins, LED lighting, and central heating. The location is particularly attractive for short-term rentals, making it a lucrative investment given the area's popularity with tourists.
Conveniently positioned within walking distance to daily amenities, public transport, and cultural sites, this property also enjoys proximity to the beach and the bustling hub of Taksim. With its strong potential for rental income and desirable location, this building is a remarkable opportunity.
What this place offers
- furnished
- central heating
- natural gas
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
