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TEKCE Real Estate

Maltepe, İstanbul, Turkey

Flats Close to Marmara Sea in Maltepe, Istanbul

TEKCE Real Estate
FromEUR182,000 – EUR374,000
Gross yield7.76%
Exp. 5-yr capital growth36.5%
CompletionQ2 2028

About the property

Off-plan flats near the Marmara coast with rail links on the Asian side of İstanbul

This off-plan apartment project sits on the Asian side of İstanbul, close to the Marmara Sea shoreline, its parks and its walking and cycling paths. A boutique scheme of three blocks, it offers one-, two- and three-bedroom flats ranging from 50 to 108 square metres, with completion planned for 2028. A rail station is a few minutes' walk away and the airport is about 22 km away. It suits buyers who want a sea-facing district with strong transport links, whether to live in or to let.

Why buy

  • Marmaray station 250 m from the project

    Marmaray İdealtepe Train Station is 250 m away and Maltepe Metro Station is 2 km away, giving rail links to both the Asian and European sides of İstanbul.

  • Marmara coast and walking paths nearby

    The coastal walking paths are about 1.5 km from the project, and Maltepe is known for its shoreline, parks and cycling routes. Sea views are listed among the features.

  • Three unit sizes in a three-block scheme

    One-bedroom flats of 50 sq m, two-bedroom flats of 56 sq m and three-bedroom flats of 108 sq m suit a range of buyers, from rental investors to families.

  • Daily needs within 200 m

    The nearest market and the bus stops are each 200 m from the project, so routine errands and local transport do not depend on a car.

  • Smart-home and comfort fittings

    The flats list a smart-home system, air conditioning, underfloor heating on a gas combi system and a water purification system, fittings that are part of the flats' specification.

  • Rental management and EV charging

    Rental management is listed for the building, along with an EV charging station, a closed car park and a caretaker, which helps owners who will not live in the flat full time.

Amenities

  • Smart-Home System
  • Air Conditioning
  • Underfloor Heating
  • Lift
  • Closed Car Park
  • EV Charging Station
  • Caretaker
  • Rental Management

The address

  • Train station · Marmaray · 10 m · 1 min walk
  • Train station · Marmaray · 3.2 km · 4 min drive
  • Train station · Marmaray · 2.5 km · 4 min drive
  • Bus stop · İETT · 1.8 km · 3 min drive
  • Bus stop · İETT · 3.4 km · 5 min drive
  • Airport · 28 km · 58 min drive
  • Hospital · 580 m · 7 min walk
  • Clinic · 650 m · 8 min walk
  • Supermarket · 330 m · 4 min walk
  • Department store · 840 m · 10 min walk
  • Park · 530 m · 7 min walk
  • Park · 1.5 km · 3 min drive
  • Kindergarten · 650 m · 8 min walk
  • School · 1.4 km · 18 min walk
  • School · 1.6 km · 2 min drive
  • School · 2.3 km · 3 min drive

Nearby transport, places and schools are as recorded by the seller. Confirm distances and school admissions independently before advising.

See it in full

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  • Full pricing and payment plans
  • Floor plans and project documents
  • A specialist on this property

TEKCE Real Estate

TEKCE Real Estate

TEKCE Real Estate

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Turkey Property Analysis Hub

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Data and calculations are updated regularly for informational purposes. For accurate data and personalized advice, consult an INTRIC specialist or conduct independent research. Professional financial and legal advice recommended.

Mortgage Calculator

Turkey mortgage analysis for Flats Close to Marmara Sea in Maltepe, Istanbul

Property Details

35.0% of property price — Turkish banks typically require 30–40% from foreign buyers

Loan Terms

Calculation Results

Monthly Payment
€0.00
Annual Payment
€0.00
Loan Amount
€118,300.00

Foreign Ownership Rules

  • Foreign ownership: Nationals of most countries may buy residential property in their own name, subject to a nationwide cap of 30 hectares per person and a limit of 10% of any district's area held by foreigners.
  • Military clearance: Every foreign purchase is subject to a military / security-zone clearance check before the Tapu (title deed) can transfer. It is routine (a few weeks), but properties inside restricted border and some coastal military zones cannot be sold to foreigners.
  • Title deed (Tapu): Ownership is evidenced by the Tapu, issued and registered by the Tapu ve Kadastro (Land Registry & Cadastre) office against the TAKBIS / Cadastre record. Off-plan buyers hold a notarised sales contract until the Tapu is issued on completion.
  • Notary & translator: A foreign buyer who does not read Turkish must use a notary and a sworn (yeminli) translator; a power of attorney is commonly granted so a lawyer can complete registration.

Residency & Citizenship by Investment

Turkey offers both a short-term residence permit for property owners and a citizenship-by-investment route through real estate.

  • Citizenship threshold: From USD 400,000 of real estate (valued by an official appraisal report), held for a minimum of 3 years. Grants Turkish citizenship to the main applicant, spouse and children under 18.
  • Residence permit: Property ownership at lower values supports a short-term residence permit, renewable while the property is held.
  • FX requirement: For both routes the purchase funds must be brought into Turkey in foreign currency and exchanged through a bank (a currency-purchase document / DAB is issued), which also underpins the VAT exemption.
  • Tax residency: Separate from immigration status — generally triggered by 183 days of presence in a calendar year.

Buying Process & Timeline

  1. Reservation — a holding deposit reserves the unit and price, typically deducted from the purchase price.
  2. Tax number & bank account — obtain a Turkish tax number and open a local bank account; funds are transferred in FX.
  3. Due diligence — verify the Tapu / TAKBIS record for encumbrances, mortgages and occupancy permit (iskan); engage an independent lawyer.
  4. Sales contract & official valuation — sign the contract (notarised for off-plan) and commission the mandatory official appraisal report used for the fee base and any citizenship application.
  5. Military clearance — the security-zone check runs before transfer; allow a few weeks.
  6. Tapu transfer — pay the ~4% title-deed transfer fee at the Land Registry with a sworn translator present (or via power of attorney); the Tapu is issued in the buyer's name.
  7. Typical timeline: a few weeks for a completed resale; 12–36 months for off-plan with staged construction payments.

Lifestyle & Practical Factors

  • Climate: Mediterranean and Aegean coasts enjoy long, hot summers and mild winters; Istanbul is temperate; central Anatolia is continental.
  • Languages: Turkish is the official language; English, German and Russian are widely spoken in the coastal foreign-buyer hubs (Antalya, Bodrum, Fethiye).
  • Currency: The local currency is the Turkish lira (TRY), but foreign-buyer transactions are typically denominated and settled in EUR / USD / GBP.
  • Annual holding cost: Low — the emlak vergisi (property tax) runs roughly 0.1–0.6% of the assessed value per year, plus site management (aidat) fees on branded and gated developments.
  • Connectivity: Istanbul (IST/SAW), Antalya (AYT), Bodrum (BJV) and Izmir (ADB) airports give extensive direct links across Europe, the Gulf and Asia.
  • Buyer caution: Always insist on an independent lawyer and the official valuation, confirm the occupancy permit (iskan) on completed units, and check the property is outside a restricted military zone before committing.