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For Sale
Apartment, Commercial
Completed

Dap Teras Kule

No:97, Topselvi Mahallesi, Topselvi Cd., 34873 Kartal/İstanbul., Istanbul, Turkey, Istanbul, Turkey
From TRY 4,882,500
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Overview

Bedrooms1-3
Bathrooms1-3
Area38-281 sqm
Year Built2018

A residential tower in Istanbul offering views of the Princes' Islands.

Building/Community Amenities

  • Basketball Court
  • Cafe / Coffee Bar
  • Dry Cleaning Service
  • Fitness Center / Gym
  • Garden / Courtyard
  • Hot Tub / Jacuzzi
  • Indoor Pool
  • Jogging / Biking Trails
  • On-site Retail / Shops
  • Parking
  • Playground / Kids Play Area
  • Pool
  • Restaurant (On-site)
  • Sauna
  • Spa / Wellness Center
  • Tennis Court

Investment Insights

Investment Analysis

Investment Summary

Property Price:TRY 4,882,500
Down Payment (30%):TRY 1,464,750
Total Investment:TRY 0
Monthly Rental Income:TRY 0
Net Annual Rental Income:TRY 0
Future Property Value:TRY 0

Key Metrics

Cash-on-Cash Return:0.00%
Cap Rate:0.00%
Total ROI (over 10 years):0.00%
Annualized ROI:0.00%

Legal & Ownership

Legal & Ownership Information

Ownership Structure

Ownership Rights

Full ownership rights (Freehold)

Foreign Ownership

Foreigners can buy property in Turkey, provided the property is not situated in military zones or other restricted areas.

Tax Considerations

Property Taxes

Property taxes in Turkey are relatively moderate

Transfer Tax

purchase, buyers are subject to a 4% transfer tax

Inheritance Tax

Capital gains tax applies to properties sold within five years of purchase, with rates ranging from 15% to 35%

Important Considerations

Restrictions

  • Foreign buyers should be aware of restrictions on the amount of land they can purchase, which is typically limited to 30 hectares.

Required Documents

    Financing Options

    Financing Options

    Mortgage Calculator

    $1,464,750
    Loan Amount:$3,417,750
    Monthly Payment:$0
    Total Payment:$0
    Total Interest:$0

    Financing in Turkey

    Turkey offers diverse property financing options for foreign buyers, making it an increasingly attractive destination for real estate investments. Typically, loan-to-value (LTV) ratios for foreign buyers range from 50% to 70%, depending on the property type and location. The Turkish property market's allure is enhanced by competitive mortgage rates and relatively straightforward financing processes. With strategic geographic positioning bridging Europe and Asia, Turkey provides a unique blend of cultural richness and economic opportunity, which appeals to international investors seeking to capitalize on its growing real estate market.

    Requirements for Foreign Buyers
    • 1
      Valid passport
    • 2
      Proof of income
    • 3
      Bank statements for the last three months
    • 4
      Turkish tax identification number
    • 5
      Property valuation report
    • 6
      Credit score report from the home country
    • 7
      Down payment of at least 30% of the property value
    Popular Lenders

    Contact Information

    DAP Yapı

    DAP Yapı

    Property Developer

    Verified

    0216 500 49 00

    info@dapyapi.com.tr

    dapyapi.com.tr

    Contact Developer

    Mention property ID: Dap Teras Kule when contacting.

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