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İstanbul, Turkey

Eight-Bedroom Ottoman House for Renovation in Historic Istanbul

₺62,500,000

₺106,838/m²

Great value57% below the typical price per m² for houses in İstanbul
8
Bedrooms
4
Bathrooms
585 m²
Interior
292 m²
Plot
House
Type
26 Aug 2026
Listed

The Habio take

AI summary

This is a unique eight-bedroom Ottoman-style house located in the historic Fatih district of Istanbul, offering exceptional potential for renovation. Situated on the Historic Peninsula, this property is a blend of historical heritage and modern investment opportunity.

  • historic
  • investment
  • renovation
  • city

Highlights

  • Historic Ottoman architecture
  • Eight spacious bedrooms
  • Potential for diverse renovations
  • Centrally located in Fatih
  • Unique cultural heritage asset

Worth knowing

  • Requires significant renovation
  • Specific local regulations may apply to restoration

Good fit for: Ideal for investors or families looking to restore a historic property.

Lifestyle scores

Beach
0
Walkable
80
Remote work
60
Family
80
Retirement
70
Airport access
60
Investment
75
Luxury
70
Value
50

About this place

This historic wooden house, located in the Kıztaşı area of Fatih, is one of the rare examples of Istanbul’s architectural heritage that has stood for centuries, believed to be over 120 years old. It features original façade details, handcrafted wooden decorations, and architectural lines that reflect the elegance of the late Ottoman period. It is not merely a real estate asset, but a cultural heritage piece that can be passed down through generations.

The property is ideally situated within walking distance of various social amenities, including Kıztaşı, metro stations, shopping centres, and historical sites. The traditional architectural layout includes a spacious garden, which is a rarity in the Fatih area, and its four-storey design offers ample living space with more than ten rooms, three kitchens, four bathrooms, balconies, and a garden terrace.

With existing fire escape infrastructure, the house presents exceptional potential for a wide range of projects, including adaptation for use as a private family residence, boutique hotel, cultural centre, or diplomatic residence. This property represents a unique opportunity to invest in a piece of Istanbul’s rich history while contributing to its future.

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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