Flat in Istanbul. City - Kartal
Aiming for excellence with its unique design and architecture, Project reveals an innovative approach to life for your future.
Facing the famous Princes’ Islands of Istanbul, Project offers a life made of dreams. The project consists of 227 apartments. It comes with excellent social facilities, a 24-hour security system, a huge car park with a spot for everyone and privileges such as its matchless location.
Your life at Project will be full of privileges, and special occasions on its spacious terraces will make you realize that. Project will be a huge part of your social activities with its vast outdoor spaces.
Rising right at the heart of Istanbul, Project is only a minute away from Kartal coast and Marmaray, 3 minutes from the nearest Metro station and shopping center, 15 minutes from the famous Bagdat Avenue and the E-5 Highway, 25 minutes from metrobus and 30 minutes from Sabiha Gokcen Airport.
In Turkey a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Kartal; 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 Kartal 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 (263 158 $) 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 Kartal: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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