Historical Property For Sale at the Heart of ISTANBUL

THE HISTORY

Some Historical Facts About the Property

The property’s initial owner was a Romanian Princess who personally commissioned its construction in 1880. Subsequently, the building was acquired by Moiz Toledo, a partner of Galata Bankers, which was established by Spanish immigrants like himself during the Ottoman Empire. The bank provided loans to private individuals and the state, charging interest. Additionally, Mr. Toledo utilized the property as his residence for a number of years.

Moving forward to the early era of the Turkish Republic, the property underwent a period of dormancy, remaining closed for many years until it was acquired by its current owner in the 1990s. Since then, it has been transformed into a vibrant entertainment center, contributing to Istanbul’s cultural landscape.

The current possessor of this building employed it as the headquarters for their Investment Company and has now opted to offer it for sale to a prospective new owner.

Property's Back View
Breathtaking Panorama of the Bosphorus

Since 1880

About THE PROPERTY

Property Specs

Offer:
The asking price is $15 million.

This is an 8-floor, 1,500 m2 building. 2 floors are below the entrance but get daylight from the back side. The eighth floor is the roof floor. The Bosphorus view can be seen from every floor except the floors below the entrance.

Additionally, the lighting system adopts itself according to daylight. There is an announcement system which can be heard from all rooms and floors. Moreover, an elevator is available from the bottom floor to the roof.

The historical building has many unique features that are not found in modern houses. These include old and valuable fireplaces, golden mirrors and ceilings, and handcrafted molding radiators. As you can see, the building has become a good example of mixing the past and today. It preserves its rich history while embracing the present, never losing its essence.

Use case Ideas

Embracing a rich history of serving commercial purposes for many years, this remarkable building is readily primed for various commercial ventures. If you want to start something new, you can turn this place into a charming boutique hotel with a touch of elegance. It could also become a lively restaurant with delicious food.

Beyond the realm of commerce, this building beckons you to embark on a journey of transformation. Imagine a residential estate where every morning, you awaken to the breathtaking panorama of the Bosphorus, enveloped in the vibrant and spirited essence of Istanbul. Step outside and immerse yourself in the lively ambiance of Taksim Square, where the city’s pulse beats rhythmically, vibrant, and pulsating day and night.

The possibilities are boundless, and the potential for creating an extraordinary living experience knows no bounds. Take this chance to make your dreams a part of this historic building and let your imagination soar within its endless possibilities.