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Apartment in the Ferko Line quarter

Istanbul, Kagithane, TurkeyID-TR91635Updated August 12

  • 2Bathrooms
  • 2023Year built
  • ApartmentType
  • ✓ Sheraton hotel in the quarter
  • ✓ 2.8 m ceilings
  • ✓ 10th-floor terrace
  • ✓ Rooftop bar
  • ✓ Concierge

About this property

A mixed-use quarter in the valley between Levent and Maslak: a residential building with 119 apartments, offices, a Four Points by Sheraton hotel and street-level shops. The building was completed in 2023: 2.8 m ceilings, a terrace on the tenth floor, a rooftop bar and a concierge.

Property code
ID-TR91635
Property price
$443,000
Bathrooms
2
Year built
2023
Status
Ready for a deal
Location
Turkey, Istanbul, Kagithane
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$26,640
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, Kagithane, Turkey

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

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