Flat in Istanbul. City - Kagithane
Welcome to Atheneum Residence, where you will find yourself at home with us. We offer a modern lifestyle that embraces culture with all its richness, embracing social and living spaces in Istanbul and connecting with contemporary art.
Atheneum Residence is not just a residence, it's a place to experience complete freedom. Atheneum Residence is a residential building that integrates art completely into its architecture and design. The Atheneum Residence brings you the opportunity to enjoy social and living spaces in Istanbul, and see contemporary art in a building that brings together art completely.
The project, with its magnificent location, in the center of all transportation alternatives and the city, is an unmissable investment opportunity. As for its location, it is in the middle of the city, in a location that provides easy access to everywhere. The project has a total of 44 flats, an area of 4800 m2, and 16 floors. The project also attracts attention with its rich social areas, such as its gym.
In Turkey a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Kagithane; 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 Kagithane 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 (175 000 $) 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 Kagithane: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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