£1,021,174

(US$385.90/sq. ft)

US$1,350,000

Office for sale
Balat Mahallesi, Balat Mahallesi, Tr

    • 4 baths

    • 4 receptions

    • 3,498 sq. ft

Added on 03/09/2026

About this property

    #22021

    3 residences | 188–325 sqm | sea view | elevator | parking | occupancy permit | airbnb application submitted

    A rare opportunity to acquire a brand-new entire residential building in Balat, one of Istanbul’s most distinctive historic and internationally recognized neighborhoods.

    The 3-storey building is offered for sale as a whole and consists of only 3 spacious residences, including two 4+1 apartments and an impressive 4+2 duplex

    With sea views, large living spaces, elevator and parking, the property offers a strong combination for international investors seeking a distinctive whole-building investment in Istanbul.
    Building & property highlights


    Brand-new building

    Entire building for sale

    3-storey building

    Only 3 residences

    2 x 4+1 apartments

    1 x 4+2 duplex

    Apartment sizes ranging from approx. 188 to 325 sqm

    Sea view

    Elevator

    Parking

    Occupancy permit (İskan) obtained

    Modern new-build structure

    Airbnb / short-term tourism rental application submitted
    Strong investment potential


    The limited number of units and exceptionally large apartment sizes provide flexibility for different investment strategies, including premium residential leasing, individual unit rental or tourism-oriented accommodation, subject to the approval of the relevant permits.

    The Airbnb/tourism rental application has already been submitted and is currently not being presented as an approved license.
    Prime balat investment opportunity


    Balat is one of Istanbul’s best-known historic neighborhoods, attracting both international visitors and property investors with its distinctive architecture, cultural character and central location.

    For international investors, this property brings together:

    Balat + Entire Building + Brand-New Construction + 3 Large Residences + Sea View + Elevator + Parking + Occupancy Permit + Airbnb Application

    A rare opportunity to acquire a turnkey-style whole-building asset in one of Istanbul’s most recognizable historic districts.

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