Istanbul, Turkey
Price from
$420,000
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
$5,923 / m²
+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
68 - 231 m²
Bedrooms
1 - 3
Completion
Q4 2026
Readiness
Under construction
Dry season
Jul, Aug, May
Properties
Condominium
Area
68 - 231 m²
Bedrooms
1 - 3
Completion
Q4 2026
Is this expensive for the city
$5,923per m²pricier than 65% of city projects
+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.
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What it really costs
Payment plan
Step 1
On contract
50%$210,000
Step 2
Tax
2%$8,400
Step 3
After transfer
50%$210,000
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
Ask agent about rental ratesTelegram$1,553
$18,636
5.7%
4.4%
$562,055
56%
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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.
Show monthly table
| 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
Completion
Q4 2026
Status
Under construction
Area
68 - 231 m²
Properties
Condominium
Completion
Q4 2026
Status
Under construction
Area
68 - 231 m²
Description
Babacan Yapi is building Babacan Meridian in Istanbul, in the Istanbul region, with completion set for December 2026.
Units range from one to three bedrooms, with areas from 67.96 to 230.92 square meters. The one-bedroom layout suits a compact footprint, while the 230.92 square meter option gives more living space for those who need it.
Prices start from 420,000 USD and go up to 1,590,000 USD. The price per square meter starts from 5,923 USD.
The project is under construction in Istanbul, Turkey.
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
- Istanbul Turkey Real Estate in 2025 Trends and Future Expectations
- Turkish Property Price Trends 2025 - IDEAL ESTATES ALANYA
- Property Market In Turkey 2025: Full Analysis, Risks (CGT, Iskan) & 2026 Forecast
- Türkiye's housing market stays hot as sales hit fresh 2025 peak | Daily Sabah
- Rental trends in Türkiye and Istanbul 2025-2026: How has the law changed?
- The Best Areas in Istanbul for Rental Yield in 2025
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