Flat in Izmir. City - Izmir
New city in the north of Izmir
Menemen, Izmir, Turkey
The residential project in Menemen offers modern living at affordable prices. The project, meeting the housing needs of Izmir, includes 386 apartments and 10 villas ranging in size from 144 to 349 sq. m., offering various room options.
Prime location, developing every day
This project is located in a region that is developing every day, and therefore has a high premium potential. Located near Izmir's business and life centers such as Karşıyaka, Bornova, and Konak, the project offers access to the city's most important transportation alternatives.
Distances to these points are as follows:
In the project, you will get a broad and spacious panorama stretching to the bay in front of you. Here, the horizon where greenery and sky meet is accompanied by a cityscape that lights up like fireflies at night.
Various social amenities to make your life easier
The project offers a wide range of social activities from health to sports, from relaxation to entertainment, catering to all age groups.
Some amenities and services:
You are always a winner
This project provides income for those who want to enjoy the present and invest in the future. Those who prefer to live in the project will have the opportunity to live in Izmir's most optimal project in terms of price and quality.
Investors, on the other hand, will receive quick rental income from apartments they have invested in at an affordable price, as well as a high premium income potential thanks to state-supported mega projects that emerge every day.
In Turkey a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Izmir; 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 Izmir 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 (160 000 $) 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 Izmir: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
160 000 $
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