Price: $407,000
Ref:PQTR30005
Apartment
2
2
100 m²
This development offers one of the rarest combinations available on Istanbul's Asian side: direct, panoramic views of the Princes' Islands from a metro-accessible location with institutional developer backing. The developer is a publicly traded Turkish REIT with audited financials, regulatory oversight, and a portfolio of landmark Istanbul projects — a level of transparency that significantly reduces buyer risk.
The Maltepe/Dragos corridor is experiencing sustained infrastructure investment including metro extensions, a planned tram line directly in front of the project, and Eurasia Tunnel connectivity. Off-plan pricing at the current construction stage (approximately 60% complete) allows buyers to lock in pre-completion rates before the expected value uplift on handover in August 2026.
For citizenship investors, the 2+1 entry point at $407,000 is one of the most competitive citizenship-eligible prices available for a sea-view, metro-accessible development on Istanbul's Asian side. The narrow margin above the $400,000 threshold maximises value. The dual-parcel design with two complete sets of social facilities halves the resident-to-facility ratio, and VAT-inclusive pricing with 24-month instalments provides full cost transparency.
This premium residential development is located in the Dragos/Cevizli neighbourhood of Maltepe on Istanbul's Asian side. The project offers 458 apartments across 5 blocks of 14 floors, built on 16,000 m² of land by one of Turkey's leading publicly traded real estate investment companies. Available units and 2025 pricing (VAT inclusive):
1+1 Apartments — 68–86 m² — $296,000 to $348,000
2+1 Apartments — 97–214 m² — $407,000 to $618,000 — Citizenship Eligible
3+1 Apartments — 152–266 m² — $578,000 to $828,000 — Citizenship Eligible
Payment: 50% cash + 24 monthly instalments (VAT inclusive)
The project is approximately 60% complete with delivery scheduled for August 2026. Both the 2+1 and 3+1 unit types exceed the $400,000 Turkish Citizenship threshold.
Every apartment features panoramic views of the Marmara Sea, the Princes' Islands, and surrounding parkland. The development is built across two adjacent parcels, each with its own dedicated social facilities: outdoor swimming pool, fitness centre, café, lounge, sauna, and children's playground. A two-level underground car park serves the entire complex.
The location is exceptionally well-connected. The M4 Kadıköy–Sabiha Gökçen metro line is within walking distance, the E-5 highway is adjacent, and the planned Kadıköy–Maltepe tram line will pass directly in front of the project. Marmaray rail, the Eurasia Tunnel, and the coastal road provide further transport options. Piazza Mall, Maltepe Park, and the Maltepe coast (5 minutes) are all within easy reach. Sabiha Gökçen Airport is approximately 25 minutes by car.
The project delivers direct, panoramic views of the Princes' Islands and the Marmara Sea from apartments on Istanbul's Asian side. This visual asset commands a measurable premium in the market and sustains strong tenant demand year-round.
The developer is a publicly traded Turkish REIT with institutional-grade transparency, regulatory oversight, audited financials, and a proven portfolio of landmark Istanbul residential developments. This provides a level of buyer protection that private developers cannot match.
2+1 apartments start from $407,000 and 3+1 from $578,000, both exceeding the $400,000 Turkish Citizenship threshold. The 2+1 entry point offers one of the most competitive citizenship-eligible prices on the Asian side for a sea-view development with metro access. 1+1 units start from $296,000 for buyers seeking investment without citizenship.
At approximately 60% completion with delivery scheduled for August 2026, the project is past the highest-risk early construction phase while still available at pre-completion pricing. Title deed issuance on delivery typically triggers additional price appreciation.
Transport connectivity is exceptional. The M4 metro is walking distance, the E-5 highway is adjacent, Marmaray rail is nearby, the planned Kadıköy–Maltepe tram will pass directly in front, and the Eurasia Tunnel provides fast access to the European side. This multi-modal density underpins both rental demand and long-term capital appreciation.
The dual-parcel design provides two complete sets of social facilities — two pools, two fitness centres, two cafés, two saunas, two playgrounds. This halves the resident-to-facility ratio compared to conventional developments. Payment is 50% cash + 24 monthly instalments, VAT inclusive. Estimated annual rental yield is 6%.
Sea View | Island View | Off-Plan | Outdoor Pool | Fitness Centre | Café | Sauna | Lounge | Playground | Underground Parking | M4 Metro | E-5 Highway | Eurasia Tunnel | Earthquake Resistant | Balcony | Modern Finishes | Instalment Plan | Park Adjacent | Coastal Access | Elevator | Citizenship Eligible
