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İstanbul, Turkey

Historic Mansion with Sea Views in Fatih, Istanbul

$2,050,000

$2,412/m²

Great value53% below the typical price per m² for houses in İstanbul
12
Bedrooms
9
Bathrooms
850 m²
Interior
894 m²
Plot
House
Type
26 Aug 2026
Listed

The Habio take

AI summary

This remarkable historic mansion offers exceptional sea and Halic views, situated in the culturally rich Balat region of Fatih, Istanbul. The property is in close proximity to numerous historical and religious sites, making it a prime investment opportunity.

  • historic
  • investment
  • garden
  • tourist
  • city

Highlights

  • 12 bedrooms and 5 bathrooms
  • Historic property suitable for restoration
  • Prime location near major attractions
  • Spacious grounds with garden and annex
  • High investment potential for tourism
  • Close proximity to the sea and local amenities

Worth knowing

  • Investment likely required for significant repairs
  • Currently occupied, may require notice to vacate

Good fit for: Ideal for investors looking to capitalise on Istanbul's tourism market.

Lifestyle scores

Beach
80
Walkable
75
Remote work
60
Family
70
Retirement
75
Airport access
70
Investment
80
Luxury
65
Value
70

About this place

Located in the vibrant Balat region of Fatih, this historical mansion presents a unique investment opportunity due to its restoration potential. Featuring 12 bedrooms, 3 living rooms, 2 kitchens, and 5 bathrooms, the mansion spans 850 m² of internal space within a generous plot of 894 m².

Built in the 1870s and restored in 1947, the property is currently used as a residential space, perfectly situated just 100 metres from the beach and Balat Bazaar. The area is a popular destination for both local and international tourists, attracting visitors year-round with its rich history and cultural significance.

The grounds comprise a pond, a greenhouse, and a beautifully landscaped garden filled with various fruit trees and colourful flowers. As classified as a secondary historical artifact by the Committee on Conservation of Cultural Assets, this mansion holds both charm and potential, ideal for restoration or redevelopment into a boutique hotel or Airbnb venture.

What this place offers

  • garden
  • sea view
  • furnished
  • garage
  • storage

Where you’ll be

İstanbul, Turkey

Exact location is confirmed by the agent on enquiry.

TR

Buying Property in Turkey

Full guide →

Purchasing a home in Turkey involves several legal and financial steps, including dealing with local authorities for deed transfers and compliance checks. Buyers should budget for taxes, appraisal, and potential legal fees on top of the property price.

  • Foreign buyers face restrictions such as land ownership limits and prohibitions in military zones.

  • The legal environment can vary slightly depending on regional laws and recent legislative changes.

  • Sources consulted (2026-07-27): - Property Purchase in Turkey: A Foreigner’s Guide to Buying Real Estate (2025) - Turkish Council: https://www.turkishcouncil.org/property-purchase-in-turkey-a-foreigners-guide-to-buying-real-estate-2025/?utm_source=habio - Can Foreigners Buy Property in Turkey? - LegalClarity: https://legalclarity.org/can-foreigners-buy-property-in-turkey/?utm_source=habio

It's crucial for buyers to verify information with a qualified local professional to ensure compliance with current regulations.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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