Flat in Istanbul. City - Basaksehir
We invite you to make a special investment in Midtown Prestige, the biggest mixed-use project in Turkey with residences, offices, and convention centers. The investment field is the project’s second field that consists of a hotel, convention center, and residences. Designed in a 25-story tower with the world-renowned Hilton brand, Project offers an exclusive lifestyle with its unique location, luxurious architecture, and flawless details that turn life into art.
Restaurants, cafes, SPA, and fitness center that meet Hilton standards are only at an elevator away in Project 24/7. You will have the opportunity to experience the Mall of Istanbul’s world that is full of shopping, culture, art, and entertainment. There are different apartment options from 1+1 to 4+1 whose sizes vary between 80 and 670 square meters. Having attracted the attention of investors from 35 countries, Project provides easy access to every point of Istanbul with its proximity to the Istanbul Airport and direct connection to the M9 Ataköy-İkitelli metro line that is to start operating in 2020. Enjoy a 5-star lifestyle and a privileged investment in Project, a project brought into life by the trusted Torunlar GYO.
Project is situated in the city’s fastest-growing region Başakşehir, and the conjunction point of Northern Marmara Highway and TEM Highway that unites Europe and Asia continents. The most prestigious address and an attraction center, Project is only 22 kilometers away from Istanbul airport.
Having chosen as the best of best by the International Council of Shopping Centers, the Mall of Istanbul is the biggest shopping and entertainment center of Istanbul and unites shopping, culture, art, culture, and entertainment together in its 350 stores of world-famous brands. You can shop for the famous brands, taste the special dishes of Turkish and world cuisines, see the latest movies, or enjoy great performances in MOİ’s stage, only a few steps away from Project.
The biggest indoor amusement center of Europe, Moipark invites you to a colorful world at an only one-minute distance from your house. Giant swings, high-speed roller coasters, games full of adrenaline, Turkey’s first and only horror hotel, and so much more await not only children but also adults in Moipark.
In Turkey a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Basaksehir; 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 Basaksehir 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 (805 000 $) 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 Basaksehir: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
633 000 $
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