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Freehold Senior Living Investment In Kahramanmaras For Sale

Kahramanmaras, Kahraman Maras, Turkey
Asking Price:
$10,000,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,951,000 (USD)
Cash Flow:
$949,000 (USD)

An opportunity to acquire a freehold property in Onikişubat, Kahramanmaraş, Türkiye, proposed for conversion into a premium senior living residence.

The concept provides 58–63 private rooms accommodating 116–126 residents, with accessible accommodation, dining facilities, a cinema, rooftop café, gym, library and wellness amenities.

Offered at USD 10 million, including the proposed fit-out and operating concept. At 90% occupancy, the financial model projects annual revenue of USD 1.95 million and pre-tax operating profit of approximately USD 950,000, representing a projected 9.5% annual return.

Suitable for healthcare operators, senior living investors, property investment groups and joint-venture partners.

Financial performance is projected, not historical. Conversion, capacity and operations are subject to relevant planning and licensing approvals.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Proposed accommodation comprises 58–63 private residential rooms, providing 116–126 beds. Standard twin rooms measure approximately 21–26 m², while 10 larger suites of approximately 34 m² are designed as two joinable rooms.

Rooms are planned with accessible bathrooms, wardrobes, televisions and tea-coffee facilities.

Location:

Located in Onikişubat, Kahramanmaraş, Türkiye. The property is intended for conversion into a premium senior living residence serving local families and Turkish families living abroad, particularly in Germany and other European countries.

Premises Details:

Freehold land and building proposed for conversion into a modern senior living residence with 58–63 private rooms and capacity for 116–126 residents.

The proposed layout includes 48–53 twin rooms (21–26 m²), 10 larger suites (34 m²), accessible bathrooms, tea kitchenettes, wide corridors and a stretcher lift.

The lower level is planned for dining, kitchen, cinema, laundry and support facilities. The rooftop level is designed for a café, library, gym, physiotherapy, salon and landscaped terrace.

All accommodation and facilities are subject to final design and regulatory approvals.

Size in square feet:
25,000
Planning Consent:

Proposed conversion to senior living and residential care use, subject to applicable zoning, planning, building and operating licence approvals. The necessary approvals and permitted capacity should be confirmed through due diligence.

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

Potential growth opportunities include higher occupancy, annual fee adjustments, premium single-room accommodation and additional paid services such as physiotherapy, dementia care, private nursing, transportation and personal care.

The operating concept also offers potential partnerships with healthcare providers and international referral networks serving Turkish families abroad.

Any physical expansion would depend on available land, planning permission and licensing.

Competition / Market:

The project is positioned within the premium senior living segment, combining residential accommodation, basic healthcare, hospitality and lifestyle facilities. There is no competition at that level in our town with 1.6 million population.

Potential competitors include existing elderly care homes, nursing facilities and home-care providers. The proposed differentiation is hotel-style accommodation, accessible facilities, integrated care and additional personalized services.

Local competition and market demand require further assessment.

Reasons for selling:

The owner is seeking a property investor, experienced senior living operator or joint-venture partner to acquire and develop the proposed senior living concept.

Trading hours:

Proposed 24/7 residential care operation

Employees:
20
Years established:
0

Other Information

Support & training:

The sale may include the proposed operating plan, room layouts, staffing model, financial projections and concept documentation. Transition support and introductions to relevant local consultants may be discussed as part of the transaction.