Property Description:
I. General Description
We are offering for sale the Bereketzade Apartments in Galata, Beyoglu. The offer includes the building as is, a construction permit for its renovation and an offer to complete the construction work in 18 months. The building is a second degree historical monument under the protection of the Anitlar Kurulu and was built in the early 19th century. The landplot is 299 m2 and the total usable area is approximately 2,000 m2.

Location Description:
The building is located on the corner of Horoz and Haci Ali Sokak in Galata – Beyoglu. It is very centrally located, within a 3 minute walk of the Galata Tower, a landmark monument of Istanbul. It is surrounded by more than 700 hundred years of history, some of it still visible – the Docce’s house (governer of the Genoese colony in Galata that existed before it was conquered by the Ottomans) and a tower and some of the city wall that used to surround the colony. Galata is also home to an annual fashion fair, (Istanbul’s best) jazz club Nardis, a catholic monastery, Mevlana’s lodge and museum, an Ashkenazi synagogue, Bankalar Caddesi and its imposing buildings (the Wall Street of the Ottoman empire) and numerous others cultural venues, cafes and restaurants. The area also has excellent transportation connections. The Metro’s Istiklal/Sishane stop, the Karakoy and Eminonu ferries and the tram going to the main bus station and the Ataturk airport, as well as numerous buses in all directions are all within walking distance.

II. Parameters
The building is currently in a very good condition. It only needs a reinforcement of the foundations to comply with the earthquake regulations as well as refurbishment inside. The building is on an incline so that there is an extra basement level in its lower end, which has an independent entrance and results in two commercial spaces. There are two basement levels and five levels above ground. The ground level includes two residential apartments and 5 other commercial spaces, which are connected to the basement underneath and can use it as storage. The remaining floors have four apartments each. The top floor has three duplexes with terraces facing Topkapi Palace and the Bosphorus. All apartments have one bedroom and vary in size between 46 and 115 m2. One of the duplexes has an extra room that can be a guest bedroom or an office. The other two duplexes have a separate kitchen and bedroom on the first floor and a living room on the terrace floor. The duplexes are 130 to 200 m2.

• Great Location
• High Yield Investment