Nar Bağdatlıyan 1Constructed between dates 1895-1905, the property is located within the same Street “İlk Belediye St.” where Istanbul’s first Municipality “Sixth City Hall” in a westerner understanding, opened. The owner of the building is an Ottoman bureaucrat, Ohannes Bağdatlıyan. Since the building is constructed by him, the name of the property persisted as “Bağdatlıyan Apartment” Nar Bağdatlıyan I is one of the best located properties in İlk Belediye St. where in 19th century the highest land prices achieved. Nar Bağdatliyan 1 is distanced 150 m away from Galata Towers and 200 m away from Istiklal St. Currently, Nar Bağdatlıyan“ is operating as 24 roomed, boutique hotel.
Nar Bağdatlıyan 2Right next to Nar Bağdatlıyan 1, the building is added into Nar Investment Co.’s portfolio in 2014. Just like the first building, this building is also known as Bağdatlıyan Apartment. The difference between the other Bağdatlıyan Apartment is in this building there exist 2 flats in one floor in opposition to 1 flat in one floor as in Nar Bağdatlıyan 1. Nar Bağdatlıyan 2 will be renovated in 2015 by protecting its historical and original identity and to be managed as 26 roomed boutique hotel with retail units.