Apartment in Istanbul. City - Istanbul
ID ST BI-023
City Istanbul, Kadikoy district (under construction)
Delivery date: December 2023
The project area is one of the most important residential areas that combine history and modern reality on the Asian side of Istanbul.
Luxurious apartments with a beautiful view of the Marmara Sea, greenery, gardens, and parks.
It is located close to 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 commercial centers on the Anatolian side.
Ready contract, suitable payment methods, opportunity to obtain Turkish citizenship.
The project provides its residents with:
- 24/7 comprehensive security system, as well as extended protection and security services.
- Enhanced surveillance devices
- Security points at vehicle and pedestrian entrances
- Visual intercoms in apartments for communication with the residential building entrance and security point
- Fire extinguishing system in apartments, common areas, and parking lots
- Fire equipment cabinets, fire hydrants in the stairwells
- Fire-resistant apartment doors
A distinctive feature of the project is the high-quality social and service facilities such as:
- Concierge services
- Cafes and restaurants
- Supermarket
- Fitness center
- Sauna
- Turkish bath
- Indoor and outdoor swimming pools
- Children's club
- Playground
- Walking track
- Sunbathing terraces
- Parking
- 24/7 security
Project data
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 (607 000 $) 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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