Flat in Istanbul. City - Bagcilar
Project combines the elements of elegance, excellence and extravagance throughout its designs, creating exceptional spaces for exceptional people. The project seamlessly blends Eastern elegance with contemporary urban design, bringing the signature concept of “Pure Oriental Delight” to a new level.
The cutting edge technological approach that shapes the construction is visible through the form of the project, Project. Two soaring towers make an architectural statement. Project a lifestyle concept by the signature design elements of Starck that combines luxury with innovation, creating elegant and inspirational spaces.
Project Istanbul Hotel and Residences, will be the first ever Project complex in Europe. The 320 luxury residences will become the most profitable investment in Istanbul, unrivaled by no other, with a guaranteed revenue outcome.
320 luxury residences rise above the top 32 floors of Project Istanbul and serve as hotel residence quarters for exceptional guests. Managed by the experienced Project staff, the residences will deliver the comfort of a luxurious home along with extraordinary services and facilities of a high-end hotel.
As a country that welcomes all cultures and people of different backgrounds, Turkey has always been a safe haven for global investors. Turkey now offers the ultimate opportunity of a Turkish Citizenship for select real estate investors.
Being the most valuable real estate project of the market, the international investors of Project Istanbul Residences will be granted with Turkish Citizenship.
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 (560 000 $) 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).
490 000 $
Bagcilar, Turkey
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