Referans Göktürk

Istanbul, Turkey

1 / 13

Price from

$495,000

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

$1,157 / m²

cheaper than 100% of city projects

-77% 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

112 - 536 m²

Bedrooms

2 - 4

Completion

Q4 2026

Readiness

Under construction

Dry season

Jul, Aug, May

Is this expensive for the city

$1,157per m²cheaper than 100% of city projects

Median $5,015
$869$10,059

-77% 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

  1. Step 1

    On contract

    50%

    $247,500

  2. Step 2

    Tax

    2%

    $9,900

  3. Step 3

    After transfer

    50%

    $247,500

Total$495,000

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

ROI Calculator

$450$7,450

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

$1,862

Annual income

$22,340

Gross yield

5.8%

Net yield

4.5%

Value in 5 years

$662,422

5-year ROI

56%

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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
Show monthly table
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 41.2, 28.9. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Completion

Q4 2026

Status

Under construction

Area

112 - 536 m²

Description

Kiler GYO is building Referans Göktürk in Istanbul, in the Istanbul region. The project is under construction, with completion scheduled for December 2026.

The units on offer are apartments with 2 to 4 bedrooms, ranging from 112 to 536 square meters. Prices start at 495,000 USD and go up to 1,190,000 USD, with a price per square meter from 1,157 USD. The spread between the smallest and largest layouts covers both compact two-bedroom apartments and larger four-bedroom options.

At this stage construction is ongoing, and the December 2026 date marks the planned completion. The range of areas and bedroom counts corresponds to the range in pricing, from the entry price per square meter up to the top-end units.

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.

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