Investment Building With 8 Apartments in Kadriye Belek

615.000€
Beds: 8 Baths: 8 M2: 530

Entire Investment Building With 8 Furnished Apartments in Kadriye

Located in Kadriye, within the wider Belek region of Antalya, this one-year-old residential building is offered for sale as an entire investment property with all 8 apartments included.

Built on a 530 m² plot, the property consists of six 2+1 apartments and two 1+1 apartments. All eight apartments are furnished and currently occupied by tenants, providing an existing rental income from the property.

The six 2+1 apartments each provide approximately 67 m² net living space, while the two 1+1 apartments each offer approximately 50 m² net living space.

The building also benefits from a communal swimming pool, parking and a dedicated entrance, creating a complete residential investment property rather than a collection of unrelated individual apartments.

The eight apartments currently generate a combined rental income of approximately €3,980 per month, equivalent to approximately €47,760 gross rental income per year at the current rental level.

The complete building, including all eight apartments, is offered for sale at approximately €615,000.

For buyers researching , this is a different proposition from purchasing a single apartment or villa. The buyer acquires eight existing residential units together in one building, with all apartments currently furnished and tenanted.

530 m² Plot With 8 Residential Units

The building stands on a 530 m² plot in Kadriye and contains a total of eight residential apartments.

Six of the apartments are 2+1 units, each providing approximately 67 m² of net living space.

The remaining two apartments are 1+1 units, each providing approximately 50 m² of net living space.

This combination creates two different apartment types within the same investment property.

The larger 2+1 apartments provide additional space for couples, small families or tenants who require an extra room, while the 1+1 apartments offer a more compact residential option.

Because the building is being sold as a whole, the purchaser acquires all eight units together rather than individual apartments in different developments.

This creates a concentrated residential portfolio within one property and one location.

All 8 Apartments Are Furnished

An important feature of this investment property is that all eight apartments are furnished.

Furnishing eight separate residential units can represent a considerable additional expense when acquiring an empty apartment building.

In this case, the apartments are already furnished and in residential use.

For an investor, this means the property does not need to be completely prepared and furnished from the beginning before it can be used as a rental asset.

The precise inventory of furniture, appliances and other items included with each apartment should be documented and confirmed as part of the purchasing process.

All Apartments Currently Have Tenants

At present, all eight apartments are occupied by tenants.

This is one of the most important characteristics of the property from an investment perspective.

Rather than purchasing an empty building and subsequently finding tenants for eight separate apartments, the buyer acquires a property with an existing tenancy structure.

This also provides prospective buyers with the opportunity to review actual rental agreements rather than relying only on estimated future rental figures.

Individual rental agreements, contract periods, deposits, payment history and other tenancy conditions should be examined during the purchasing process.

Approximately €3,980 Current Monthly Rental Income

The eight apartments currently generate a combined rental income of approximately €3,980 per month.

This represents the property's existing total rental income based on the current tenancy structure.

At the present rental level, the building generates approximately €47,760 in gross rental income per year.

These figures provide a useful starting point for buyers evaluating the property as an income-producing real estate asset.

However, gross rental income should not be confused with net investment return.

Maintenance, management, taxation, insurance, swimming pool expenses, repairs and possible future vacancies should be considered when calculating the effective net income from the building.

Rental levels can also change over time as existing contracts expire or are renewed.

For this reason, the current rental income should be regarded as the property's present income position rather than a guaranteed future return.

Entire Building for Approximately €615,000

The complete property is offered for sale at approximately €615,000.

The sale covers the entire residential building and all eight apartments.

The property is therefore particularly relevant for a buyer looking for a multi-unit residential investment rather than a conventional single apartment.

With a current gross rental income of approximately €47,760 per year, prospective buyers can compare the purchase price with the property's existing rental performance.

The financial assessment should also include the building's actual operating expenses and any applicable ownership costs.

Because the original property value is linked to exchange-rate movements, the final Euro purchase price should be reconfirmed at the time of the transaction.

One-Year-Old Residential Building

The building is approximately one year old, making it a relatively recent residential property.

This can be an important consideration for investors comparing a newer multi-unit building with older properties that may require more extensive renovation or modernisation.

Nevertheless, the physical condition of the complete building, individual apartments, installations and common areas should still be reviewed before purchase.

With eight residential units under the same ownership, maintenance planning applies not only to the apartments but also to the building and its shared facilities.

Communal Swimming Pool and Parking

The property includes a communal swimming pool and parking facilities.

These amenities contribute to the residential appeal of the apartments, particularly in Kadriye and the wider Belek region where outdoor living forms an important part of the local lifestyle.

The swimming pool provides residents with a shared leisure area during Antalya's long warm season.

Parking adds practical convenience for residents who have their own vehicles.

Because the building is sold as one complete property, the communal areas form part of the overall investment and should be considered within future maintenance and management planning.

Kadriye Location in the Wider Belek Region

The building is located in Kadriye, within the wider Belek region of Antalya.

Kadriye and Belek are established residential and tourism areas attracting both Turkish and international residents and visitors.

The wider region is particularly associated with Mediterranean tourism, golf, resorts and international property ownership.

For buyers researching Belek Property, this building represents a different type of opportunity from the villas and individual apartments commonly available in the area.

Instead of acquiring one residential unit, the purchaser obtains eight apartments within a single property in Kadriye.

This structure can be particularly relevant for investors who want to build a rental portfolio without purchasing properties in several different locations.

Eight Rental Units Under One Ownership

Owning all eight apartments within the same building can simplify certain aspects of property management.

An investor purchasing eight unrelated apartments might otherwise need to deal with different buildings, locations, communal management systems and maintenance arrangements.

In this property, six 2+1 apartments and two 1+1 apartments are concentrated within one residential building.

This can make it easier to monitor the physical condition of the apartments, organise maintenance and manage tenant-related matters.

At the same time, ownership of an entire building creates broader responsibilities than ownership of a single apartment.

The condition and ongoing costs of the swimming pool, common areas, building systems and exterior should therefore form part of the investment assessment.

Existing Income-Producing Property in Kadriye Belek

The key advantage of this property is the combination of multiple residential units and an existing rental structure.

The building stands on a 530 m² plot and contains eight furnished apartments.

Six apartments have a 2+1 layout with approximately 67 m² net living space each, while two apartments have a 1+1 layout with approximately 50 m² net living space each.

All eight apartments are currently occupied by tenants.

The property also offers a communal swimming pool, parking and its own entrance, while the building itself is only approximately one year old.

The current combined rental income is approximately €3,980 per month, corresponding to around €47,760 in annual gross rental income at the present rental level.

The complete building is offered for approximately €615,000.

For buyers considering an investment property in Belek and Kadriye, this is not simply an apartment with potential future rental demand. It is an entire residential building consisting of eight furnished and currently tenanted units with an existing income structure.

The rental contracts, property documentation, operating expenses and building records should be reviewed as part of the purchasing process, while the final Euro purchase price should be confirmed according to the exchange rate applicable at the time of sale.

Property Details

  • Property ID: 6 daire
  • Property Type: Apartments
  • Property Status : For Sale
  • Bedrooms : 8
  • Bathrooms : 8
  • Property Size : 530

Features

  • Car Parking
  • Swimming Pool
  • Internet
  • Wi-fi
  • Intercom
  • PVC Doubled Glass
  • Mountain View
  • Air conditioning system in every room
  • Automatic building entrance doors with sensors
  • Central satellite system
  • White goods
  • Pvc blinds
  • Built-in sets
  • Walking distance to the beach
  • Furnished

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