Total occupancy cost for Grade A office space in Istanbul: $62.28 per sq ft per year. This figure covers rent, service charge, property tax (rates), fit-out amortised over the lease, facilities management, utilities and reinstatement costs.
Istanbul Office Cost Breakdown (USD/sqft/yr)
Rent: $20.06/sqft/yr
Service Charge: $2.58/sqft/yr
Property Tax / Business Rates: $0.0/sqft/yr
Fit-Out (amortised over lease): $28.0/sqft/yr
Facilities Management: $4.800000000000001/sqft/yr
Utilities: $2.8/sqft/yr
Reinstatement / Dilapidations: $3.5/sqft/yr
Total Occupancy Cost: $62.28/sqft/yr
Istanbul Serviced Office Costs
Serviced and flexible office space in Istanbul costs between $350.0 and $450.0 per person per month, with a mid-market rate of $420.0 per person per month.
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