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3+2 with Bosphorus view in Uskudar

Istanbul, Uskudar, TurkeyID-TR22130Updated August 12

  • 3Bedrooms
  • 2Bathrooms
  • 120 m²Area
  • 2024Year built
  • ApartmentType
  • ✓ Bosphorus view
  • ✓ Kalyon developer
  • ✓ Mall within the complex
  • ✓ Ferries and M5 metro nearby

About this property

Üsküdar is the side of Istanbul where the city has stayed residential: ferries across the Bosphorus, tea houses by the water, the M5 metro and a waterfront of its own instead of tourist crowds. NevBahar was built by Kalyon, the contractor behind Istanbul Airport and Galataport, and it shows in the quality: 169 apartments, four buildings and the 30,000 m² NevÇarşı shopping centre inside the quarter. The 3+2 apartment of 120 m² on the fifth floor looks straight onto the strait: the Bosphorus view here is not “partial” but the kind people pay for. The seller expressly states that the unit qualifies for the citizenship programme; the price is 20,500,000 lira, about $430,000.

Property code
ID-TR22130
Property price
$430,000
Price per m²
$3,583
Area
120 m²
Bedrooms
3
Bathrooms
2
Floors
5
Year built
2024
Status
Ready for a deal
Location
Turkey, Istanbul, Uskudar
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$25,800
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, Uskudar, Turkey

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

Transport

M5 metro, Üsküdar
1 km
Ferry terminal
1.2 km
Marmaray
1.3 km

Amenities

NevÇarşı mall (in the complex)
0 m
Bosphorus waterfront
900 m
Hospital
1.4 km

City

Central Üsküdar
800 m
Kadıköy
5 km
Bosphorus Bridge
3 km

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