Flat in Istanbul. City - Bagcilar
Project
Project stands as a revolutionary hotel concept project in Istanbul, a city that bridges continents and cultures. This 18-floor architectural marvel is not just a building; it's a microcosm of urban luxury and convenience, perfectly suited for the discerning investor.
At Project, every detail has been meticulously planned to offer a blend of comfort, style, and functionality. The project boasts a range of 2 and 3 bedroom apartments, each designed with modern aesthetics and pastel color palettes that evoke a sense of calm and sophistication.
The ground floor welcomes residents and visitors alike with an array of famous establishments including Starbucks, Migros Supermarket, a selection of fine restaurants, a convenient pharmacy, and diverse shopping options. These amenities ensure that everything one could need is just a few steps away.
Project's commitment to a holistic lifestyle is further exemplified by its second-floor social facilities. Here, residents can enjoy a state-of-the-art gym, an indoor pool, and a sauna, designed to cater to both physical wellness and relaxation needs.
Office areas located on the first and second floors present a unique opportunity for businesses to thrive in a vibrant and dynamic environment. The project, ready for immediate occupancy, offers a perfect mix of residential and commercial spaces.
Investing in Project means being part of a landmark development that redefines urban living in Istanbul. This project is an invitation to invest in a future that harmoniously blends luxury, convenience, and style in one of the world's most enchanting cities.
In Turkey a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Bagcilar; 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 Bagcilar 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 (294 000 $) 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 Bagcilar: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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