Azure Teras

Istanbul, Turkey

1 / 8

Price from

$340,000

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

$4,094 / m²

cheaper than 70% of city projects

-18% vs the city median (Istanbul), sample of 30 projects

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Data verified Aug 8, 2026price source: developer partner networkupdated 2 mo. ago

Properties

Condominium

Area

80 - 205 m²

Bedrooms

1 - 3

Readiness

Under construction

Dry season

Jul, Aug, May

First instalment

50%

Properties

Condominium

Area

80 - 205 m²

Bedrooms

1 - 3

Readiness

Under construction

Dry season

Jul, Aug, May

First instalment

50%

Is this expensive for the city

$4,094per m²cheaper than 70% of city projects

Median $5,015

$869$10,059

-18% vs the city median (Istanbul), sample of 30 projects

Rate as of 2026-10-12, city data updated 2026-10-12. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

The cost of this project

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What it really costs

Payment plan

Step 1
On contract
50%
$170,000
Step 2
Tax
2%
$6,800
Step 3
After transfer
50%
$170,000

Total$340,000

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

ROI Calculator

Purchase price: $340,000

Monthly rent: $1,700

$300$5,100

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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Occupancy rate: 95%

40%100%

Annual appreciation: 6%

0%20%

Monthly income

$1,244

Annual income

$14,932

Gross yield

5.7%

Net yield

4.4%

Value in 5 years

$454,997

5-year ROI

56%

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

Show monthly table

Monthly climate normal: temperature and rainfall
Month	Temperature, °C	Rainfall, mm
Jan	5.8	79
Feb	6.5	67
Mar	8.6	53
Apr	12.1	42
May	17.4	35
Jun	22.3	36
Jul	25.1	20
Aug	25.5	22
Sep	21.9	54
Oct	17.0	70
Nov	12.3	63
Dec	7.8	82

Source: NASA POWER, climate normal (2001-2020). Grid node 41.1, 29.0. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Status

Under construction

Area

80 - 205 m²

Properties

Condominium

Status

Under construction

Area

80 - 205 m²

Description

Oktay Inşaat is building Azure Teras in Istanbul, in the Istanbul region. The project is a condo development currently under construction.

Layouts range from one to three bedrooms, with unit sizes starting at 80.25 square meters and going up to 205.28 square meters. That spread covers both compact apartments and larger family-sized units.

Prices start at 340,000 USD and go up to 842,000 USD, with a price per square meter of 4,094 USD.

The project is under construction. A selection of units from this development is available through our listing.

This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.

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.

Sources (6) · updated 21/08/2026

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