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 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 3-multiple light levels.JPG 4-lined up and ready for work.JPG 5-across pool to Palace.JPG 6-manicured grounds.JPG 7-sliding and sailing away.JPG 8-double pools beachside.JPG 9-it could be Disney Land.JPG 10-plenty of room for swimmers.JPG 11-view to ocean.JPG 12-stunner anytime.JPG 14-is this the golf course.JPG 15-from the Boardwalk.JPG 16-interior perspectives.JPG 17-water anyway you like.JPG 18-full motion or no motion.JPG 19-tremendous architecture.JPG 20-impeccable craftsmanship.JPG 21-view to town and beyond.JPG 22-beachside.JPG 23-outdoor bar and dining.JPG 24-twin views.JPG 25-beach from the sky.JPG 26-indoor sports.JPG 27-standard room.JPG 28-multiple dining venues.JPG 29-balcony room.JPG 71-satellite close-up.JPG 72-The Neighborhood.JPG 73-Ozlu local area map.JPG 74-Antalya area map.JPG 75-regional map.JPG 76-Mediterranean region map.JPG 101-area pixs-beach to downtown.JPG 102-area pixs-The Harbor.JPG 103-area pixs-is this Venice.JPG 105-area pixs-Kanyaalti Street.JPG 106-area pixs-mountains to north.JPG 107-area pixs-Antalya Beach.JPG 108-area pixs-Antalya Peninsula.JPG 109-area pixs-Karain Basin.JPG 110-area pixs-Sunset Beach.JPG 111-area pixs-Saklikent Estate.JPG 112-area pixs-from Antalya to Site.JPG 114-area pixs-ancient Phaselis.JPG 115-area pixs-Saklikent Peak.JPG 116-area pixs-Lycian Rock Tombs.JPG 117-area pixs-Manavgat Falls.JPG 118-area pixs-final approach.JPG 119-area pixs-little Russia.JPG 120-area pixs-water works.JPG 121-area pixs-Antalya Falls.JPG 122-area pixs-Finike Bay.JPG 123-area pixs-Kuba Waterfalls.JPG 124-area pixs-sunrise at Antalya.JPG 125-area pixs-Likya Diving Center.JPG 126-area pixs-Marmaris ruins.JPG 127-area pixs-local cruising.JPG 128-area pixs-Selciuk Mosque.JPG 129-area pixs-subdivision views.JPG 130-area pixs-nice backyard huh.JPG 131-area pixs-Key West.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.   LoopNet Commercial Real Estate CJ6DL9M