175 000 $
Flat with 1 bedroom in Kagithane, Turkey
Kagithane, Turkey
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...
Flat in Istanbul. City - Kagithane
Situated on the busiest street of Kağıthane to provide a peaceful life while being connected to dynamic city life, Project offers all the privileges of Istanbul’s dynamism in high quality living spaces. You will fulfill your every need easily and experience the busy social life of Istanbul while proximity to transportation options will provide easy access to every corner of the city.
Planned to be established on an area of 40 thousand square meters, Project has a distinct area of 5 thousand square meters solely for commercial units in addition to residential units. Houses on Project consist of 2, 15-storey blocks with a total of 214 apartments. Whether for a family life or a quality home for a single individual, from 1+1 to 3+1 types, Project appeal to all kinds of housing needs.
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 (150 000 $) 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).