Holiday Rentals in Kahramanmaras, TURKEY     efsus@mail.com      +90-532-154-2626

BUILDING DESCRIPTION

BASEMENT + GROUND + 5 FLOORS + ROOF FLOOR (GROUND + 5 FLOORS FINISHED)

BASEMENT - FREE SPACE 150M2 (CAN BE FURNISHED AS A SPA/MASSAGE CENTER)
GROUND FLOOR - 100M2 (CAN BE FURNISHED AS CAFE AND LOBBY/RECEPTION)
5 FLOORS - 4 X 1 BEDROOM APARTMENT UNITS ON EACH FLOOR WITH BALCONY
ROOF FLOOR - CAN BE DONE 2 X KING SUITES OR 4 X 1BEDROOM UNITS OR 7 X STUDIOS

650,000$ FOR THE BUILDING AS IS PRICE
75,000$ FURNISHING OF 20 APARTMENTS

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UPGRADE 1/A
75,000$ LOBBY, 3-7 x ROOF SUITES, BASEMENT SPA CENTER INSTALLMENT FEES

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UPGRADE 1/B
You can put 4 x studios in entrance floor + 4 studios in the basement + 7 studios in the roof floor

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UPGRADE 2
50,000$ HOTEL DOCUMENTATION AND RELATED UPGRADE FEES
(THIS UPGRADE IS NOT OBLIGATORY IF YOU DO NOT WANT A 3 STAR HOTEL, YOU CAN OPERATE THE BUILDING AS A PENSION)

FEATURES OF THE BUILDING
Turkish Bath in every bathroom
Heated floors in all of the apartments
10 people lift

Can be sold furnished too (the whole furniture and appliances; two single beds, wardrobe, couch, tv unit, fridge, dishwasher, washing machine, tv, etc.)

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INCOME DETAILS
Rental Income
30$ per apartment per night = 15,000$ monthly income (%60 occupancy rate)
*(if hotel then 20$ per person per night)

Expenses

2 Front Desk + 1 cleaner (1500$ total salary monthly)
10% of the total income for utility bills and outsourced expenditures(laundry etc.)
or
Can be rented out monthly = 150 x 27 = 4000$ monthly
(1 worker is enough, cleaning is outsourced)

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Spa & Café
5 Thailand massagists = (1000$ daily gross income)
5 massagists + 1 cleaner + 1 café personnel (25% of the gross income for expenditures) - Expenses
or
Can be rented out for 1500$ monthly

TURKISH CITIZENSHIP
We are guaranteeing you Turkish citizenship if you buy this hotel, 2 different families can benefit if they buy as partners (close relatives included).

All of the sales prices and the procedures will be transparent and legally based.

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BONUSES
In 2023 there will be an EXPO in the city which the nightly prices will go up to 50$ per night per person for the whole year; 2 million people will flow to the town 5500 guests/day and this is 250% of the city hotel room capacity.

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ABSENTEE OWNERSHIP
We can issue you a written guarantee for the income in case if you demand it; (ROI will be 15 years with guaranteed income), in this option we will be sharing income
or
You can sell some of the apartments and operate it for your clients and they can get Turkish residency based on ownership (after 5 years they become citizens too)