One bedroom apartment for sale in a modern complex in the center of Istanbul, Turkey
Presenting a modern project in Istanbul's Sultan Eyüp neighborhood with a completion date of September 2023.
The Sultan Eyüp district is one of the most lively and vibrant neighborhoods located in the city center, with beautiful views of the Golden Horn Bay, which connects to the Bosphorus Strait.
The project has a total area of 18,754 m2 and offers 1+1, 2+1 and 3+1 apartments with garden and terrace options.
In addition, our project includes loft apartments with wide landscapes that allow you to enjoy beautiful views of Galich.
The project has various social facilities including a 24-hour security system, a gymnasium and a parking lot.
The advantages of the project's location are not limited to the metro station, which is nearby. It is also very close to hospitals, universities and business centers.
The advantages of the project are transportation advantages such as:
The buyers have a favorable installment plan: 50% cash and 12-month installments in US dollars.
The VAT is 1% and there is no cost of ownership document. The project is suitable for obtaining Turkish citizenship.
In Turkey a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Istanbul; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Turkey finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Turkey takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Istanbul short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (185 000 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Istanbul: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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