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2+1 apartment by the Istanbul Finance Center

Istanbul, Umraniye, TurkeyID-TR95487Updated August 12

  • 2Bedrooms
  • 2Bathrooms
  • 95 m²Area
  • 2023Year built
  • ApartmentType
  • ✓ IFC quarter
  • ✓ Completed and lived-in
  • ✓ 7th floor
  • ✓ Balcony

About this property

A new 2+1 apartment of 95 m² on the 7th floor, in the established Sinpaş quarter across the road from the Istanbul Finance Center — the country’s new business district, where the headquarters of Ziraat Bank, VakıfBank and the Central Bank are already operating.

Property code
ID-TR95487
Property price
$419,000
Price per m²
$4,411
Area
95 m²
Bedrooms
2
Bathrooms
2
Floors
7
Year built
2023
Status
Ready for a deal
Location
Turkey, Istanbul, Umraniye
Address
Disclosed at the deal stage

How the price compares

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Calculated on this property price

Rental yield

Long-term rental market in the country: 5-8% a year before costs.

Net yield4.8%
Gross yield6%
Rent per year$25,200
Payback≈ 21 years

An estimate, not a promise of income. Tax on rental income depends on your country of tax residence and is not included. We give the rent for this property after the checks, marking what is fact and what is forecast.

Residency through the purchase

Program
Turkish citizenship
Family
A passport for the family: spouse and children under 18 in one application
Residence
No residence in Turkey required, no renunciation of your current citizenship
Travel
The property cannot be sold for 3 years; the $400,000 threshold is confirmed by a state valuation
Minimum investment threshold of the program
$400,000
This property
Qualifies for Turkish citizenship (from $400,000)
How the program works →

Agreements and materials

Location

Istanbul, Umraniye, Turkey

The map shows the area. The exact address is given at the deal stage.

Transport

M5 metro
1.1 km
TEM motorway
2 km

Business districts

Istanbul Finance Center
300 m
Ümraniye centre
2 km

Amenities

Meydan mall
2.5 km
Hospital
1.8 km

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Property due diligenceTitle, encumbrances, permits and the seller - in a written report.Purchase costs guideTaxes, notary and fees on top of the price, by country.

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