HEP Residence Kağıthane — image 101 / 04

For sale · Residence · IRE-0034

HEP Residence Kağıthane

Cendere, Kağıthane1+1 / 2+1 / 3+10 m²

Price$199,000∞ ₺ / m²
Regional office: 5. LeventView main page
Description

HEP Residence is a residential project developed on one of Kağıthane's busy streets, Cendere Street, on 7,782 m² land. Total construction area is approximately 40,000 m², of which 5,000 m² is allocated to commercial units. According to the catalog, the project is managed by Sur Yapı. It is positioned beside Axis Kağıthane, the district's first shopping center.

The project consists of two 14 and 15-story towers containing a total of 217 apartments. 1+1 apartments are 61–73 m², 2+1 apartments 96–143 m², and 3+1 apartments 168 and 193 m². The apartments are designed with large windows and modern interior decoration; the exterior façade uses a rolling shutter system that changes visual appearance. An offer visual includes an example 87 m² gross 1+1 apartment.

Social areas include a retractable-roof swimming pool, fitness studio, sauna, and children's play areas. Closed parking is available. The catalog emphasizes the project's proximity to restaurants, cinema, cafes, and shopping centers, as well as schools, universities, daycares, and kindergartens. The surrounding area reportedly has 12 universities and 8 hospitals; nearest hospital is Derindere (5 min), nearest university Atlas University (7 min).

Transportation: M7-M11 metro station 1 km (newly opened M7 station 5 min walk), Axis AVM 550 m, Vadistanbul 2 km, Sapphire AVM 3 km, Florence Nightingale Hospital 4 km, Zorlu Center and Miniatürk 5 km, Maslak 6 km, Istanbul Airport 25 km. Travel time to Levent and Mecidiyeköy is 5–7 minutes; Taksim, Sultanahmet, and Ortaköy are 10 minutes away.

Titles are ready and the project is citizenship-eligible; units 250,000 USD and above are offered in this capacity. An offer visual shows a 340,000 USD list price for an 87 m² 1+1 apartment, campaign price 199,000 USD; it is noted as suitable for residence permit and citizenship. Payment plan is not in documents. The catalog notes that rental prices in Kağıthane increased 87.8% over the past 5 years.

Starting price 199,000 USD (Offer visual (undated): 87 m² 1+1 campaign price 199,000 USD (list 340,000 USD), limited stock; catalog lists citizenship-compliant units 250,000 USD and above); TL equivalent calculated at 48.52 exchange rate and varies with current rates.

Developer: Sur Yapı · 217 apartments · 2 towers · Square meters: 61–193 m² · Unit types: 1+1, 2+1, 3+1.

Key facts
Rooms
1+1 / 2+1 / 3+1
Gross area
0 m²
Net area
0 m²
Age of building
Brand new
Furnishing
Eşyasız
Mortgage eligibility
Not eligible
Listed on
14 September 2026
Features
  • Retractable-roof swimming pool
  • Fitness studio
  • Sauna
  • Children's play areas
  • Closed parking
  • 5,000 m² commercial area
  • Rolling shutter exterior system
  • Large-windowed, modern interior design
  • Ready title, citizenship-eligible
  • Axis AVM 550 m, M7 metro 5 min walk
Hesap

Taxes and costs on purchase

Title deed fee — total (%4)By law the buyer and seller split it evenly (%2 + %2)
$7,960
Buyer's shareIn practice it is usually left entirely to the buyer — it is negotiable
$3,980
Valuation reportMandatory for mortgages and for sales to foreign buyers
$1,250
Notary and translation (estimated)Power of attorney, interpreter and paperwork costs
$700
Estimated total for the buyerProperty price + buyer's share of the fee + mandatory costs
$204,900

A capital gains tax may also arise on the seller's side: if the property is sold before 5 years have passed, the gain is subject to income tax. The exemption for 2026 is 150.000 ₺.

Sales tax calculatorRates as of 1 January 2026 · estimated figure, not binding
Title types

What your title says matters as much as the home itself

Conditional mortgage

Land title

The title of a property with no building on it, or whose building is not recorded on the title. What you own is the ground, not an individual flat.

  • There is no unit number on the title; you own the whole plot or a share of it.
  • On a co-owned plot the title does not say which square metres are yours; using them requires an agreement with the other co-owners.
  • Zoning status must be checked separately with the municipality — an unzoned plot may stay unbuildable for years.
  • Property tax is charged at the land rate, which differs from the residential rate.

Selling a co-owned plot is not easy: finding a buyer takes far longer than for a home, and the other co-owners hold a right of pre-emption.

Most banks will not grant a home loan on land; a land loan is a separate product with a higher rate and a shorter term.

Conditional mortgage

Construction servitude

A right established over a unit in the plans while the building is not yet finished. Your flat exists on the title, but the building does not officially count as complete.

  • It is set up from the plans: which floor, which flat and how many square metres appear on the title.
  • Once the building is finished and the occupancy permit is issued, it is converted into condominium ownership.
  • The conversion is usually done collectively; you do not need to apply on your own.
  • Until the occupancy permit is issued, electricity and water connections do not become permanent and run on temporary contracts.

In a building without an occupancy permit, the move to condominium ownership can take years. Before buying, always ask whether the permit has been issued and, if not, what is blocking it.

A mortgage is possible, but banks usually value the property lower and some require the occupancy permit.

Mortgage eligible

Condominium ownership

The state in which the building is finished, the occupancy permit is issued and each unit has its own title. It is the safest title type for a buyer.

  • The flat is registered on the title with its own unit number and its share of the land.
  • The occupancy permit is in place; electricity, water and gas connections are permanent.
  • Common areas and land shares are defined in the management plan.
  • Sales, mortgages and loans go through most smoothly with this title type.

Condominium ownership on its own does not mean the building is sound. The construction inspection report and compliance with the earthquake code must be checked separately.

Banks lend at the highest loan-to-value on this title type, and valuation moves fastest here too.

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Location

Cendere, Kağıthane, İstanbul

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Contact

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