Thursday, June 2, 2011

CBC Southwest STAR global listing. Topkapi Palace. 5-star hotel on Mediterranean. Turkey. 908 rooms. $100M EUR.3% BBC http://wp.me/p1gvH4-7X


Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
Hotel / Motel For Sale


THE AMAZING TOPKAPI PALACE 5-STAR LUXURY HOTEL ONL
Kundu Koyu, Lara Beach, Antalya, AY 07110
Kundu Koyu, Lara Beach, Antalya, AY 07110

Kundu Koyu, Lara Beach, Antalya, AY 07110

Price:$142,000,000
No. Rooms:908
Building Size:255,000 SQM
Price/Room:$156,387.67
Property Type:Hotel & Motel
Property Sub-type:Full Service
Property Use Type:Investment
Cap Rate:7.38%
Year Built:2005
Lot Size:85,000 SQM
Last Verified 6/2/2011
Listing ID 17156035






Map of Kundu Koyu, Lara Beach, Antalya, AY 07110


Find out more about Kundu Koyu, Lara Beach, Antalya





Highlights
STAR global listing, the Topkapi Palace, a 5-star 908 room luxury hotel in Antalya, Turkey, directly on the Mediterranean
$100M EUR or $142M US*, very competitively priced at $119K EUR or $169K US* per room
90% in season and 51% out-of-season est. occupancy
7.38% est. cap with positive cash flow trend
Built in 2005 by World of Wonders Hotels
Holiday and expat destination from Russia, Middle East, Germany & the EU, China & the US







Description
STAR global listing, the Topkapi Palace, a 5-star 908 room luxury hotel in Antalya, Turkey. Directly on the Mediterranean. Amazing complex with several bars, restaurants and numerous activities. Simply spectacular! Inspired by the great Ottoman Empire architecture. $100 M EUR. 3% BBC!

D3J LUXURY REALTY GROUP in Alanya, TURKEY is the client manager and broker of record. CBC Southwest Partners is the STAR listing manager.

Very competitively priced at $119K EUR or $169K US* per room.

90% in season and 51% out-of-season est. occupancy

7.38% est. cap.

Positive cash flow trend.

Built in 2005 by World of Wonders Hotels.

Antalya is a favorite destination for holidays, retirees or expats from Russia, the Middle East, Germany, Greece and other EU countries. In the past 10 years, it has become popular with tourists from the United States.

3% buyer broker commission.

*Conversion rate: $1.42126 US to $1.00 EUR.
Purchasing property in Turkey has become more popular with holiday home owners and investors around the globe. Several factors have contributed to the popularity including political stability, economic growth, population growth and a Mediterranean climate and beaches competitive with the French Riviera.

The issue is especially notable given Turkey's potential EU membership and the related economic integration processes.

In 2003, property purchases were opened up to foreign nationals. As of 2008, 63K+ properties have been sold to 73K foreigners representing $10.4B US of investment.

The majority of foreign investors are German, British and Greek citizens. Recently there has been a significant trend of buying from Russia, China, the US and the Middle East.






Financial Summary
  Actual
Net Operating Income $10,479,600



Additional Photos

2-reflections.JPG

2-reflections.JPG


3-multiple light levels.JPG

3-multiple light levels.JPG


4-lined up and ready for work.JPG

4-lined up and ready for work.JPG


5-across pool to Palace.JPG

5-across pool to Palace.JPG


6-manicured grounds.JPG

6-manicured grounds.JPG


7-sliding and sailing away.JPG

7-sliding and sailing away.JPG


8-double pools beachside.JPG

8-double pools beachside.JPG


9-it could be Disney Land.JPG

9-it could be Disney Land.JPG


10-plenty of room for swimmers.JPG

10-plenty of room for swimmers.JPG


11-view to ocean.JPG

11-view to ocean.JPG


12-stunner anytime.JPG

12-stunner anytime.JPG


14-is this the golf course.JPG

14-is this the golf course.JPG


15-from the Boardwalk.JPG

15-from the Boardwalk.JPG


16-interior perspectives.JPG

16-interior perspectives.JPG


17-water anyway you like.JPG

17-water anyway you like.JPG


18-full motion or no motion.JPG

18-full motion or no motion.JPG


19-tremendous architecture.JPG

19-tremendous architecture.JPG


20-impeccable craftsmanship.JPG

20-impeccable craftsmanship.JPG


21-view to town and beyond.JPG

21-view to town and beyond.JPG


22-beachside.JPG

22-beachside.JPG


23-outdoor bar and dining.JPG

23-outdoor bar and dining.JPG


24-twin views.JPG

24-twin views.JPG


25-beach from the sky.JPG

25-beach from the sky.JPG


26-indoor sports.JPG

26-indoor sports.JPG


27-standard room.JPG

27-standard room.JPG


28-multiple dining venues.JPG

28-multiple dining venues.JPG


29-balcony room.JPG

29-balcony room.JPG


71-satellite close-up.JPG

71-satellite close-up.JPG


72-The Neighborhood.JPG

72-The Neighborhood.JPG


73-Ozlu local area map.JPG

73-Ozlu local area map.JPG


74-Antalya area map.JPG

74-Antalya area map.JPG


75-regional map.JPG

75-regional map.JPG


76-Mediterranean region map.JPG

76-Mediterranean region map.JPG


101-area pixs-beach to downtown.JPG

101-area pixs-beach to downtown.JPG


102-area pixs-The Harbor.JPG

102-area pixs-The Harbor.JPG


103-area pixs-is this Venice.JPG

103-area pixs-is this Venice.JPG


105-area pixs-Kanyaalti Street.JPG

105-area pixs-Kanyaalti Street.JPG


106-area pixs-mountains to north.JPG

106-area pixs-mountains to north.JPG


107-area pixs-Antalya Beach.JPG

107-area pixs-Antalya Beach.JPG


108-area pixs-Antalya Peninsula.JPG

108-area pixs-Antalya Peninsula.JPG


109-area pixs-Karain Basin.JPG

109-area pixs-Karain Basin.JPG


110-area pixs-Sunset Beach.JPG

110-area pixs-Sunset Beach.JPG


111-area pixs-Saklikent Estate.JPG

111-area pixs-Saklikent Estate.JPG


112-area pixs-from Antalya to Site.JPG

112-area pixs-from Antalya to Site.JPG


114-area pixs-ancient Phaselis.JPG

114-area pixs-ancient Phaselis.JPG


115-area pixs-Saklikent Peak.JPG

115-area pixs-Saklikent Peak.JPG


116-area pixs-Lycian Rock Tombs.JPG

116-area pixs-Lycian Rock Tombs.JPG


117-area pixs-Manavgat Falls.JPG

117-area pixs-Manavgat Falls.JPG


118-area pixs-final approach.JPG

118-area pixs-final approach.JPG


119-area pixs-little Russia.JPG

119-area pixs-little Russia.JPG


120-area pixs-water works.JPG

120-area pixs-water works.JPG


121-area pixs-Antalya Falls.JPG

121-area pixs-Antalya Falls.JPG


122-area pixs-Finike Bay.JPG

122-area pixs-Finike Bay.JPG


123-area pixs-Kuba Waterfalls.JPG

123-area pixs-Kuba Waterfalls.JPG


124-area pixs-sunrise at Antalya.JPG

124-area pixs-sunrise at Antalya.JPG


125-area pixs-Likya Diving Center.JPG

125-area pixs-Likya Diving Center.JPG


126-area pixs-Marmaris ruins.JPG

126-area pixs-Marmaris ruins.JPG


127-area pixs-local cruising.JPG

127-area pixs-local cruising.JPG


128-area pixs-Selciuk Mosque.JPG

128-area pixs-Selciuk Mosque.JPG


129-area pixs-subdivision views.JPG

129-area pixs-subdivision views.JPG


130-area pixs-nice backyard huh.JPG

130-area pixs-nice backyard huh.JPG


131-area pixs-Key West.JPG

131-area pixs-Key West.JPG


100-QR code.JPG

100-QR code.JPG




Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.


 
Investment Properties on LoopNet.com

CJ6DL9M

No comments:

Post a Comment