Investment overview
Price Guidance
$345,000 – $1,332,000
1–4
Bedrooms
1–3
Bathrooms
1–3
Balconies
63–175 m²
Interior space
13
Floors
1
Blocks
2024
Year built
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Office hours
Monday – Saturday, 09:00–18:00 (GMT+3)
We respond within 24 hours
Leader
Alperen Yılmaz started at Alanya Eiendom in 2017, mastering the international real estate market from the ground up. In 2023, he earned degrees in engineering and real estate management. In 2026, he became CEO and owner. He combines engineering precision with professional real estate services and is committed to the highest standards in Turkey and a world-class experience for global clients.
Istanbul is one of a small number of cities where a single residential address can place you within walking distance of the sea, a hospital, and a full suite of on-site amenities. This 13-floor block does exactly that, offering unit formats from 63 sqm to 175 sqm in a vertical community priced from $345,000 to $1,332,000. The single-block configuration matters: one lobby, one building management structure, and one set of shared facilities keep operational complexity low and resident-facing costs predictable.
The 63 sqm entry format serves investors seeking a compact, rental-ready unit in a city with year-round residential demand. The 175 sqm ceiling attracts owner-occupiers who require genuine family-scale living space without committing to a detached or suburban format. Both profiles are served by the same site infrastructure and the same proximity advantages.
Two distances define the practical value of this address: 500 m to the nearest hospital and 600 m to the waterfront. Both are walkable without a vehicle.
The 600 m shore gap is a structural asset in Istanbul, where waterfront-adjacent residential supply is constrained by topography, historical land use, and dense existing fabric. Reaching the water in under ten minutes on foot is a meaningful lifestyle advantage and a consistent driver of rental premium in the city's short-term accommodation market.
The 500 m hospital proximity carries equal weight for a different buyer segment. Families with children, older residents, and investors targeting long-term professional tenants all cite medical access as a primary site-selection criterion. It shortens the list of alternatives that can match this address on both vectors simultaneously.
Foreign nationals completing a purchase in Turkey can reference the official TKGM land registry portal for title deed registration documentation. Our legal services team supports acquisition from initial offer through to title transfer.
The on-site amenity programme is broad relative to a single-block residential format. A swimming pool, restaurant, massage room, generator, basketball court, children's playground, garden, gazebo, and dedicated parking are all contained within the site perimeter. Elevator access across 13 floors and a staffed lobby complete the vertical circulation and access-control layer.
The generator is a practical differentiator. Power interruptions in a 13-floor block affect elevator service, building security systems, and common-area lighting simultaneously. An on-site generator eliminates that exposure for residents and for any short-let operator who cannot afford service disruption between guest changeovers.
The restaurant within the building perimeter is uncommon in single-block residential formats at this scale. For owner-occupiers it adds a daily convenience layer; for short-let investors it is a guest-facing amenity that appears on booking platforms and supports higher nightly rates.
Interior specification includes granite kitchen countertops, built-in kitchen cabinetry, ceramic floor tile, aluminum window frames, balcony access, shower cabin, and terrace. The open kitchen format integrates cooking and living zones, consistent with contemporary Istanbul residential expectations at this price band.
Ceramic tile is the correct material choice for this climate and usage profile. It resists humidity, withstands high foot traffic, and remains cool underfoot during Istanbul's warm months - a practical consideration for units operating as short-term lets with frequent turnover cycles. Aluminum window frames deliver lower maintenance and better thermal performance than timber alternatives over the medium term.
The balcony and terrace inclusions ensure outdoor access at every unit, regardless of floor position. For units in the upper range of 13 floors, terrace orientation adds genuine amenity value above and beyond the shared pool and garden below.
The buyer profile at this block divides clearly between two groups. The first is yield-focused investors targeting Istanbul's established residential rental market. The 600 m waterfront distance, on-site pool and restaurant, and 63 sqm entry point create a rental-ready unit at $345,000 with a clear occupancy thesis across both short-term and long-term letting formats.
The second group is owner-occupiers: Istanbul residents and returning diaspora buyers who want urban living with sea proximity, hospital access, and a coherent building community. The 175 sqm ceiling provides genuine family-scale floor area at $1,332,000 without the management overhead of a standalone property.
Foreign nationals can also explore residency options linked to property acquisition. The Turkish residence permit programme is administered by the Directorate General of Migration Management. For investment thresholds related to Turkish citizenship eligibility, see our citizenship by investment guide.
For further residential options across Istanbul, browse our Istanbul property listings for a current view of available units and price points.
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