Referans Besiktas

Istanbul, Turkey

1 / 13

Price from

$530,000

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

$4,661 / m²

cheaper than 60% of city projects

-7% vs the city median (Istanbul), sample of 30 projects

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Data verified Aug 8, 2026price source: developer partner networkupdated 22 days ago

Properties

Condominium

Area

65 - 565 m²

Bedrooms

1 - 6

Readiness

Under construction

Available

14 of 14

Dry season

Jul, Aug, May

Is this expensive for the city

$4,661per m²cheaper than 60% of city projects

Median $5,015
$869$10,059

-7% vs the city median (Istanbul), sample of 30 projects

Rate as of 2026-08-30, city data updated 2026-08-30. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

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What it really costs

Payment plan

  1. Step 1

    On booking

    20%

    $106,000

  2. Step 2

    On contract

    30%

    $159,000

  3. Step 3

    Tax

    2%

    $10,600

  4. Step 4

    On transfer

    50%

    $265,000

Total$530,000

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$500$7,950

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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40%100%
0%20%
Monthly income

$2,016

Annual income

$24,192

Gross yield

5.8%

Net yield

4.6%

Value in 5 years

$709,260

5-year ROI

57%

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Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Jul, Aug, May

Wettest months: Dec, Jan, Oct

Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan5.879
Feb6.567
Mar8.653
Apr12.142
May17.435
Jun22.336
Jul25.120
Aug25.522
Sep21.954
Oct17.070
Nov12.363
Dec7.882

Source: NASA POWER, climate normal (2001-2020). Grid node 41.0, 29.0. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Status

Under construction

Total units

14

Available

14

Area

65 - 565 m²

Description

Kiler GYO is building Referans Besiktas in Istanbul, in the Istanbul region, as a single building with 14 units. The project is currently under construction, and all 14 units remain available.

Unit sizes range from 65 sqm to 565 sqm, covering a wide span from compact layouts to large-format residences. Bedroom counts run from 1 to 6, so the lineup includes anything from a small one-bedroom unit to a six-bedroom layout suited to larger households.

Prices start at 530,000 USD and go up to 3,555,272.11 USD, with an average price per square meter of 8,154 USD. That spread tracks the area range: a 65 sqm unit and a 565 sqm unit sit at very different points on the price scale, so the final cost depends on which layout is chosen.

With all 14 units still on the market, the full range of layouts and sizes is open to buyers at this stage. The building sits within the Istanbul region of Turkey.

Location

Istanbul, Turkey

Market context

Apartment price

$1,800 per sqm

+12-15% YoY

Luxury waterfront price

$4,000 per sqm

+12-15% YoY

Foreign buyer transactions

$8.5 billion

Airbnb yield

7-10%

Mortgage rate

1.8% monthly

-28% YoY

Istanbul’s residential prices kept climbing in 2025, up 12‑15% year‑on‑year to about $1,800 per sqm in prime districts and $4,000 per sqm for luxury waterfront units. Rental demand remains strong, driven by 20 million tourists and short‑term yields of 7‑10%, while foreign buyer transactions reached $8.5 billion in 2024 and are expected to exceed $10 billion in 2025. Lower mortgage rates, now 1.8% monthly, are further supporting buyer activity.

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