An old hotel in the centrum of Kusadasi, on top of the cruiseship harbour. 5 storeys-15 rooms

[This property is not available]

Entrance level: lobby, reception, laundry
Next 3 storeys: 5 rooms each, with bathroom and balcony, storage rooms
4th floor: changed to an apartment with lounge, kitchen, 3 bedrooms, bathroom, WC, balconies. Sea views.
5th floor: 2 bedrooms, bathroom (60 sq m), and 60 sqm roof balcony. Sea views.
Total enclosed area: 600 sq m

-you can undertake major renovation and run it as a hotel renting out to foreign people; or

-you do less renovation and rent it out to students at 150 YTL/month. Then the income would be as follows:
15 x 150 = 2.250 YTL
1 x 500 YTL for the 3-bed apartment
1 x 300 YTL for the 2-bed penthouse apartment
Total monthly income: 3.050 YTL x 12 = 36.600 YTL annual income.

Offers accepted until February 25th.