Historic Istanbul Building in Prime Şişli Location Near Taksim

A singular and exceptional acquisition opportunity in the very heart of Istanbul — a fully renovated historic building in prime Şişli, comprising three self-contained 1+1 apartments across 260 m² of beautifully restored living space, just 0.8 kilometres from Taksim Square and 0.9 kilometres from the legendary İstiklal Avenue. Rare in both its historical character and its commercial versatility, this three-storey property offers incoming buyers the freedom to operate each apartment independently — as Airbnb short-let units, long-term residential rentals, or private accommodation — while the building as a whole qualifies for Turkey’s prestigious Citizenship by Investment programme. A 50 m² private landscape garden completes an offering that is quite unlike anything else available at this price point in central Istanbul.

Reasons to Invest                                                               

• Prime Location – Located in the central Sisli, Istanbul
• Three 1+1 bedroom fully renovated apartment
• Short walking distance to Taksim Square and Istiklal Avenue
• Suitable to put on Airbnb and Turkish Citizenship program
• Ideal for buyers seeking a flexible commercial investment in Istanbul
• Close proximity to daily amenities, transport facilities, hospitals and schools

Project Features

• Property Type – Commercial Property
• Gross Living Area – 260 m2
• Total Floor – 3
• Bedroom –3
• Bathroom – 3
• Open plan living room
• Fitted kitchen
• Landscape Garden – 50 m2
• Air Conditioners
• Wooden Flooring
• Modern Bathroom
• Showers

About this Property

This magnificent historic building has been comprehensively and sympathetically renovated to combine the atmospheric character and generous proportions of Istanbul’s finest 19^th and early 20^th century residential architecture with the finishes, systems, and comforts expected by today’s international occupiers and investors. Across three floors, three individual 1+1 apartments have been created each comprising an open-plan living room, a fully fitted kitchen, a stylish modern bathroom with shower, and a well-proportioned bedroom finished throughout with warm wooden flooring, air conditioning, and the kind of considered detail that elevates a renovation from the merely functional to the genuinely beautiful.

The three apartments can be operated entirely independently of one another, each with its own access, living facilities, and rental identity — an arrangement that provides maximum operational flexibility for a landlord or investor, whether managing the units as separate Airbnb listings, renting to long-term tenants, or using one floor for personal accommodation while generating income from the other two. The private landscape garden of 50 m², an extraordinary amenity in this part of central Istanbul, can serve as a shared outdoor space for all three units or as a premium feature attached to the ground-floor apartment, further enhancing its rental appeal and capital value.

Why invest in this development?

The combination of a historic building, a Taksim-adjacent location, and three independently rentable apartments in one freehold purchase is extraordinarily rare on Istanbul’s open market. Properties of this type — renovated historic buildings with multiple units in Şişli are sought after by the most sophisticated international investors who understand the compound income potential of a multi-unit asset in one of the world’s great city destinations. Taksim and İstiklal Avenue together attract the largest concentration of international tourists and business travellers in all of Istanbul, generating a consistent, year-round stream of Airbnb and short-let demand that delivers premium nightly rates with very high occupancy throughout the year.

At €447,000 for the entire three-apartment building equating to approximately €149,000 per unit in one of Istanbul’s most internationally coveted neighbourhoods this represents compelling value by any measure. The Turkish Citizenship by Investment qualification adds a further dimension of appeal for international buyers seeking both a high-performing asset and a prestigious second citizenship, with the building’s total value exceeding the programme’s qualification threshold.

Location Advantage

• 0.8km away from Taksim Square
• 0.9km away from Istiklal Avenue
• 0.9km away from Nisantasi
• 2.0km away from Bomonti
• 2.4km away from Galataport
• 2.8km away from Galata Tower

Price & Availability

• 3+3 Bedroom historic building with 260m2 gross living area is available from € 447.000 Euro

Three Apartments, One Historic Address, Unlimited Potential

This fully renovated historic Şişli building include three independent 1+1 apartments, wooden floors, a private garden, and a location just 0.8 km from Taksim Square is a rare and outstanding multi-unit investment at €447,000. Perfectly structured for Airbnb, long-term letting, or a mixed residential and rental strategy, and qualifying for Turkish Citizenship by Investment, this is one of the most versatile and characterful property acquisitions available in central Istanbul today. Contact us to arrange an exclusive private viewing.