Flat in Istanbul. City - Istanbul
ST ID BI-311
City Istanbul, district Basin Express (under construction)
Features
The project site is located in the center of Basin Express Road, Assab Istanbul.
The project holds significant investment value due to its proximity to business centers.
The investment value is manifested through various options of offered apartments.
Easy access to most areas of Istanbul through the nearby metro station.
Distinguished modern constructions, featuring so-called feng shui design.
Project Information
Residential investment complex in Basin Express, administratively belonging to the Bagcilar district, which was known as the vineyard district in ancient times; it is currently one of the attractive areas for investment in Istanbul thanks to the passing Basin Road.
Basin Express Road stretches from the famous Ataturk Airport to the new Istanbul Airport, surrounded by high towers, top luxury hotels, as well as offices of local and international brands. Why is all this here? Because it is the closest road to the airport, which facilitates easy and quick access to it.
The project is right along this road, making it more of an investment project than residential. Nevertheless, it contains residential units, and it was able to specifically combine investments and housing.
The metro line passes near the complex. The presence of the metro near the project adds additional investment value due to easy access to any point of the city of two continents, which became essential due to the large area of Istanbul.
Home and office in one place! This also distinguishes the project from other similar projects in the region; it was able to combine life and work thanks to unique apartment design and layout, complemented by services to suit any taste and preference.
The uniqueness of the project lies in offering a new path in the world of projects through feng shui design, which enhances architectural simplicity on one hand and room orientations and views for overall health on the other hand.
In addition, the construction company adopted ceiling heights of no less than 3 meters, which is a significant height compared to other projects. Most rooms have fully glass facades, allowing sunlight to penetrate from all sides, making the view from the window more aesthetic.
Services combining work and life to suit any taste, the most important of which are:
Project Data
Project area: 46,800 m²
Construction area: 9,285
Number of buildings: 2
Number of commercial units: 12
Number of apartments: 364
Apartment options: 1+1 / 2+1 / 3+1
Apartment areas: 64 – 146 m²
Near the project
Characteristics
Services
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 (383 000 $) 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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