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435 000 €

Shop in Istanbul, Turkey, 171 sq.m

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  • Shop in Istanbul, Turkey, 171 sq.m - picture 1
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  • Shop in Istanbul, Turkey, 171 sq.m - picture 10
  • Property ID on Prian.info: 3663009
    Property ID on company's website: THS814251
    Last update: 18.01.2024
    Number of views: 1061

435 000 €

Shop in Istanbul, Turkey, 171 sq.m

171 sq.m 9% per year
Citizenship Online Viewing Remote Transaction Business on sale

  • Property ID on Prian.info: 3663009
    Property ID on company's website: THS814251
    Last update: 18.01.2024
    Number of views: 1061

Specifications

Sale price 435 000 €
Price per square meter 2 543.86 €
Floor area 171 sq.m
Construction phase New building
Address Turkey, Istanbul
Location within the city

Business on sale


Additional services

  • Citizenship upon purchase
  • Online viewing is available
  • Opportunity of a remote transaction

Finance

Profitability
Annual return 9 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%


Description

Commercial retail premises with guaranteed rent and the opportunity to obtain citizenship.

Guaranteed income of 9% of the rent for 36 months. The management company is engaged in leasing. You can choose from potential tenants offered by the company (grocery store, hardware store, beauty salon, etc.)

The project consists of 9 blocks, includes 718 residential and 231 commercial premises.

This project was built in 3 stages, the first stage is already inhabited.

Project location:

The complex is located on the European side of Istanbul, next to the Bahcesehir district and one of the main highways of Istanbul, the TEM highway.

There is a metro line under construction 200 m away. from the complex. Educational institutions, healthcare institutions, public service centers and other social facilities are within walking distance.

Also, thanks to the convenient location of the complex, you can easily reach the new Istanbul airport.

Commercial real estate:

Available area: from 55 m2 to 225 m2.

There are two types of trading units.

Type A: ground floor, mezzanine floor and warehouse, height: 7 meters.

Type B: one floor and warehouse, height: 4 meters.

One parking space is included in the price of the premises and belongs to the owner of the store by right of ownership. In addition, the project for 230 shops, provides a covered parking lot for 1000 cars for tenants and visitors.

VAT exemption:

According to the law in Turkey, 18% VAT is paid when buying commercial real estate from a developer. If this is your first time buying real estate in Turkey, you have the right to receive VAT exemption, respectively, you buy a property cheaper by 18%, and in the future you can sell it more expensive.

This projects is suitable for obtaining Turkish citizenship by real estate investment.
Our company Turkish Homes Sales has been helping you in acquiring Turkish citizenship by real estate investment for long years. With our experienced lawyers we will be assisting you throughout the whole process of buying the estate and
right to the obtaining the citizenship.


Representative

Sami Soyserin
Director
Languages: english
Show phone number