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Flat 26 м² in Istanbul, Turkey

544 514 $

20 942 $ /м²

4OVhW
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Area

26 м2

Bedrooms

1

Bathrooms

1

A brand new commercial facility in Istanbul's Gungoren district

Gungoren is located in the European part of Istanbul, just north of Bakırköy neighborhood. And today we are honored to introduce you to one of the brand new and stylish commercial stores in this area of Istanbul. This unique location at the intersection of metro and rail transportation has many restaurants, cafes, bars, business lounges, parking lots, transportation services, goods delivery, banks and freight terminals. So it can be an ideal investment for business owners, mainly wholesalers to join us and invest. You can locate your business here or rent a commercial unit and make money. Interestingly, you can get Turkish citizenship by buying this property. Distance to amenities: Distance to town: 10 m Distance to beach: 3.5 km Distance to airport: 43 km Distance to airport2: 51 km Distance to local stores: 50 m Characteristics of the apartment: The project consists of eight floors, the layout includes a floor with parking, basement, commercial floors and a terrace floor. The total number of commercial units is 237 stores plus three kiosks. This highly profitable commercial property gives you a real chance for acquisition and career prospects. Contact us today if you would like more information on such an exceptional opportunity in the heart of Istanbul.

Additional details

Property type

Commercial

Object type

Flat

Price

544 514 $

FAQ

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 (544 514 $) 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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