Flat in Istanbul. City - Istanbul
ID ST BI-023
City: Istanbul, district: Kadikoy (under construction)
Delivery Date: December 2023
The project area is one of the most important residential areas, combining history and modern reality on the Asian side of Istanbul.
Luxurious apartments with a beautiful view of the Sea of Marmara, greenery, gardens, and parks.
It is located near many vital and touristic areas of Asian Istanbul, which enhances its investment value.
It is in a vital location close to transportation arteries, medical, educational, and shopping centers on the Anatolian side.
Ready contract, suitable payment methods, possibility of obtaining Turkish citizenship.
The project offers its residents:
- Comprehensive 24/7 security system, as well as extended protection and security services.
- Advanced monitoring devices
- Guard points at vehicle and pedestrian entrances
- Visual intercoms in apartments for communication with the residential building entrance and guard post
- Fire fighting system in apartments, common areas, and parking lots
- Fire equipment cabinets, fire hydrants in floor entrances
- Fire-resistant apartment doors
A distinctive feature of the project is high-quality social and service facilities such as:
- Concierge services
- Cafes and restaurants
- Supermarket
- Fitness center
- Bath
- Turkish bath
- Indoor and outdoor pools
- Kids club
- Playground
- Walking track
- Sunbathing terraces
- Parking
- 24/7 security
Project Details
Project Area: 26,000 m²
Number of Buildings: 6
Floors: 23 floors
Number of Apartments: 10 to 11 apartments on each floor
Apartment Options: 1+1, 2+1, 3+1, 4+1
Apartment Area: 79 to 178 m²
Near the Project
Features
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 (334 000 $) 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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