Commercial property for sale in Istanbul
The commercial shop located in Istanbul, and close from Ataturk Airport and E5 highway.
The Shop is close to all services, and social facilities. also, this commercial shop belongs to a luxury residence, that built from one of the best construction companies in Istanbul. in addition the strategic location of the shop, which is only one street from the metro. with a lively street in between
The features of the property:
The shop consists of a one-floor area 85 m2, also the shop is rented to the Italian restaurant for 10 years contract.
The business study:
The value of the monthly rent is 9700 Turkish liras with an annual increase of 10% according to the tenancy contract approved by the tenant.
The shop price is 500 thousand US dollars equivalent to 3.43 = 1.715.000 Turkish lira
The return on investment, with the annual increase on the value of rent = 11%, is that the speed of capital turnover in this tenancy contract is 9 years, which is a very excellent rate for this type of real estate investment in Turkey.
Property ID : IS-029
Property Type : Commercial
Property Status : For Sale
Price : $ 500,000
Bedrooms : 0
Bathrooms : 2
Balcony : 1
Parking : Available
Area : 81
Year Build : 2013
Floor : 0