710 000 $
Flat with 1 bedroom in Sisli, Turkey
Sisli, Turkey
With being in the heart of the city, Project has a special location that allow its residents to experience a unique atmosphere of Istanbul. Project offers 10,000 square m...
Flat in Istanbul. City - Sisli
Splendide Line is located just beside Bosphorus Bridge in Mecidiyeköy, the new axis of business world. It is collated with life, prestige and luxury in the real center of istanbul where millions meet every day.
The project gives a new meaning to the most significant point of the city. Mecidiyeköy becomes the real center of İstanbul with Splendide Line.
The size of all residences ranging from 1 bedroom + 1 living room to 4 bedrooms + 1 living room, which are equipped with features that can meet all the demands of modern life, vary between 100 and 425 m². The project consists of 3 blocks; two 42-storey residences and one 36-storey office block.
Thanks to project’s design, all the facades of the three blocks carry different panoramic views of the city extending to the Marmara Sea, especially the Bosphorus.
Thanks to the Splendide Line, which is located on the grounds of the Old Ali Sami Yen Stadium, Istanbul also has a modern city square. The under ground areas are designed as office floors with garden and terrace. In addition, the entrance part of the project is designed as a city square enriched with restaurants and cafes of 10,000 m². On the other hand, the western part of the project is planned to increase its integration
In Turkey a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Sisli; 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 Sisli 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 (705 000 $) 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 Sisli: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).