Mercury Çengelköy Prices and Details 2026
Çengelköy, Üsküdar, Istanbul
1 / 24Mercury Çengelköy has no public sale price list as of October 2026; prices are given on request. The 5+1 rooftop duplexes currently offered for rent are listed at TL 175,000 (one hundred seventy-five thousand lira) a month, which is about $3,500 (three thousand five hundred dollars). The project is a boutique complex of 4 (four) blocks and 60 (sixty) homes in Üsküdar's Mehmet Akif Ersoy neighbourhood, about 2.5 (two and a half) kilometres from the Çengelköy waterfront. 2024 press reports name Metzel İnşaat as the developer, and the project also appears among REVAK Yapı's projects on sale. According to listings, the buildings were completed in 2026 and the title deeds are currently issued under construction servitude (kat irtifakı). Besides 2+1, 3+1 and 4+1 apartments, there are 4+2 duplexes and rooftop duplexes; shared facilities include an indoor pool, a sauna and a gym. Property Time Istanbul's office is at Skyland in Sarıyer, and every legal step of the purchase is handled by Att. Egemen Yasin Şahalioğlu.
What are the key facts about Mercury Çengelköy?
Mercury Çengelköy is a residential project of 4 blocks and 60 homes on Serhat Street in Mehmet Akif Ersoy, in the Çengelköy area of Üsküdar. The total construction area is about 12,450 m², and the project is said to include 4,163 m² of green space. A 2024 launch article gave the number of homes as 58, while the developer's current project page says 60; the difference most likely comes from a plan revision.
What are the blocks and technical features of Mercury Çengelköy?
The project has four blocks named A1, B1, A2 and B2, and their construction areas are similar. Listings say the buildings have 7 floors, the apartments are heated by natural gas combi boilers, and every unit has covered parking.
~3,093 m² construction area
~3,245 m² construction area
~2,918 m² construction area
~3,077 m² construction area
Source: REVAK Yapı project page (revakyapi.com, October 2026), RE/MAX listing P16763170 (12 June 2026).
How much are apartments for sale in Mercury Çengelköy?
As of 26 October 2026 there is no verifiable current sale price for Mercury Çengelköy; prices are available on request from the developer and the agents listing units. At least one sale listing is live in the project, but its price could not be accessed. For reference, at the October 2024 launch, 2+1 apartments started from TL 13 million (thirteen million lira) and prices per square metre started from TL 140,000 (one hundred forty thousand lira); these figures are two years old and do not reflect today's prices. According to emlakjet data, the average asking price in Çengelköy is about TL 130,000 (one hundred thirty thousand lira) per square metre, or around $2,600 (two thousand six hundred dollars); new complexes with shared facilities usually sell above that average.
Source: Emlakkulisi, 9 October 2024 (launch price and unit sizes); RE/MAX sale listing P35772834 (price not accessible, October 2026); emlakjet Çengelköy neighbourhood apartments-for-sale page (average price per m², 26 October 2026). Exchange rate: $1 = TL 49.6 (24 October 2026).
How does buying in Mercury Çengelköy work?
As the project is completed, sales are resales: a contract is signed with a deposit and the balance is paid at the land registry together with the title transfer. During this process, the title deed, mortgage and lien check, review of the sale contract and the transfer are handled by Att. Egemen Yasin Şahalioğlu. Buyers who cannot travel to Turkey can complete the title transfer by power of attorney.
How do foreigners buy property in Mercury Çengelköy?
A foreign buyer first obtains a Turkish tax number and opens a Turkish bank account; then the title deed and encumbrance check, valuation report and contract are completed and the title is transferred. The land registry also confirms that the property can be sold to a foreigner. Every step is followed by Att. Egemen Yasin Şahalioğlu, who works on property purchases by foreigners.
What needs to be done after the title transfer?
After the transfer, the electricity, water and gas subscriptions are opened in the new owner's name, the owner is registered with building management and a property tax return is filed with the municipality. If a citizenship application will be made, the payment documents and the title deed annotation are added to the file at this stage.
How much are apartments for rent in Mercury Çengelköy?
In October 2026 there are two rental listings live in Mercury Çengelköy, both for 5+1 rooftop duplexes, at TL 175,000 (one hundred seventy-five thousand lira) a month, or about $3,500 (three thousand five hundred dollars). The listings give the monthly service charge as TL 15,000. No rental listings were found in the project for 2+1, 3+1 or 4+1 units; in nearby complexes, 2+1s rent for TL 50,000 – 78,000 a month and 3+1s mostly for TL 60,000 – 150,000.
Source: RE/MAX listings P16763170 and P63565502 (12 June 2026, still live on 26 October 2026); nearby rent range from the RE/MAX Çengelköy rentals list (26 October 2026). Exchange rate: $1 = TL 49.6.
What is the rental yield in Mercury Çengelköy?
The rental yield for Mercury Çengelköy cannot be calculated right now, because there is no current sale price for the rooftop duplexes that are listed for rent. Once a sale price is confirmed, the gross yield can be worked out for the same unit type as annual rent divided by the sale price.
Can units in Mercury Çengelköy be rented short term?
Under the rules in force since 2024, short-term rental requires a permit from the Ministry of Culture and Tourism and the unanimous consent of the other owners in a condominium building. In projects with many units this consent is hard to obtain in practice, so investment returns should be calculated on long-term rent.
What are the service charges and buying costs at Mercury Çengelköy?
Service charges at Mercury Çengelköy are set by building management according to the apartment's size and the compound's services. We obtain the current service charge for the apartment you are considering in writing from management and share it before purchase. The main buying costs on top of the price are:
By law, buyer and seller pay 2% each; the parties may agree otherwise.
A fixed fee charged for the title deed transaction.
Compulsory earthquake insurance taken out before the transfer.
Licensed valuation; compulsory for purchases by foreigners.
Present at the land registry for buyers who do not speak Turkish.
By Att. Egemen Yasin Şahalioğlu, from contract to title deed.
Fee rates may change with legislation; you can request the exact breakdown in writing before purchase. For new-build purchases, whether VAT is included in the price is also checked.
Can you get Turkish citizenship by buying in Mercury Çengelköy?
A home or office worth at least $400,000 (four hundred thousand dollars) qualifies for Turkish citizenship by investment; the threshold can also be reached with more than one property.
Without a current price list, it is not possible to say for certain which unit types in Mercury Çengelköy meet the $400,000 threshold on their own. A rough calculation using the neighbourhood average of about $2,600 per square metre puts the 2+1 and 3+1 apartments below the threshold, while 4+1s over 190 m², the 4+2 duplexes and the rooftop duplexes look close to or above it. For a citizenship application, what counts is the value in the licensed valuation report.
- The value is determined by a licensed valuation report.
- A no-sale annotation of at least 3 (three) years is placed on the title deed.
- Payment is made in foreign currency and documented through a Turkish bank.
- The application file is prepared and followed by Att. Egemen Yasin Şahalioğlu.
Legislation may change; current requirements are confirmed with the lawyer before applying.
What unit types are there in Mercury Çengelköy?
Mercury Çengelköy has 2+1, 3+1 and 4+1 apartments, two-storey 4+2 duplexes and 5+1 rooftop duplexes on the top floor. Sizes range from 72 m² for a 2+1 up to 311 m² for a rooftop duplex.
For newlyweds and small families
The project's standard family apartment
An extra room for guests or a home office
Two-storey layout, 2 covered parking spaces
Terrace and partial Bosphorus view, ~53 m² living room
How do you get to Mercury Çengelköy?
The easiest way to reach Mercury Çengelköy is by car, via the Bosphorus Bridge link roads and Bosna Boulevard. The Çengelköy waterfront and ferry pier are about 2.5 km away, and Marmaray's Üsküdar station is about 7 km away. The Altunizade – Bosna Bulvarı metro line (M14) is under construction; once it opens, Bosna Bulvarı station will be the closest rail stop to the project.
How long does it take to get from Mercury Çengelköy to the airports?
Sabiha Gökçen Airport is about 35 km from Mercury Çengelköy, a 35 – 50 minute drive depending on traffic; Istanbul Airport is about 50 km away via the Fatih Sultan Mehmet Bridge and the Northern Marmara Motorway, a 50 – 70 minute drive.
What facilities does Mercury Çengelköy have?
Mercury Çengelköy has an indoor swimming pool, a sauna and a gym for residents. Schools, a local market, a health centre and supermarkets are close by, and the cafés and restaurants on the Çengelköy waterfront are a short drive away.
Is Mercury Çengelköy a good investment?
Mercury Çengelköy is worth considering for buyers looking for a new, low-density complex near the Bosphorus on the Asian side; but since there is no current price list, an investment calculation can only be made once you have a concrete offer. New housing supply in Çengelköy is limited and demand in the area is high; on the other hand, the project is not within walking distance of the waterfront or rail transport.
- Boutique complex of 60 homes, a quiet community
- Shared facilities such as an indoor pool, sauna and gym
- Limited new housing supply in Çengelköy
- Close to the Bosphorus Bridge and the Altunizade business district
- Current sale prices are not public
- Title deeds are under construction servitude (kat irtifakı); conversion to full condominium ownership (kat mülkiyeti) should be checked
- Not within walking distance of the waterfront or metro
- Rental data is only available for the rooftop duplexes
Before buying, the land registry record, the status of conversion from construction servitude to full condominium ownership, the occupancy permit (iskân) and any mortgage records should be checked as part of a title deed check, and the contract terms should be reviewed by a lawyer at the sales contract stage.
What other projects are near Mercury Çengelköy?
We do not yet list another project near Mercury Çengelköy on the Asian side. If you would like to compare projects near the Bosphorus or Istanbul's leading residential developments, take a look at the pages below.
Who should you buy Mercury Çengelköy from?
Property Time Istanbul is a licensed Istanbul firm offering property and legal advice to foreign and local buyers, with its office in Skyland Istanbul, Sarıyer. We represent the buyer, not the developer: we show apartments on site, compare prices with current market listings and manage the process up to the title deed. All legal work, including the title deed check, contract, transfer and citizenship application, is handled in full by Att. Egemen Yasin Şahalioğlu, registered with the Istanbul Bar Association (registration no. 66465).
Skyland İstanbul, Huzur Mah. Azerbaycan Cd. No:4 D:238, 34415 Sarıyer/İstanbul · info@propertytimeistanbul.com · About · Contact · Att. Egemen Yasin Şahalioğlu
Frequently asked questions about Mercury Çengelköy
How much are apartments in Mercury Çengelköy?
As of October 2026 there is no public price list; prices are given on request. At the 2024 launch, 2+1s started from TL 13 million; that figure is no longer current.
Who is developing Mercury Çengelköy?
2024 press reports name Metzel İnşaat as the developer. The project is also listed among REVAK Yapı's projects on sale.
Where exactly is Mercury Çengelköy?
It is at Serhat Caddesi No:27 in Üsküdar's Mehmet Akif Ersoy neighbourhood, about 2.5 km from the Çengelköy waterfront and about 2.8 km from Büyük Çamlıca Hill.
Has Mercury Çengelköy been completed?
Listings describe the buildings as built in 2026 and brand new, and some units have already been rented out. As of June 2026 the title deeds are under construction servitude (kat irtifakı); the conversion to full condominium ownership should be checked before buying.
How many homes are there in Mercury Çengelköy?
According to the developer's project page, there are 60 homes in 4 blocks. A 2024 news article gave the number as 58.
What unit types are there in Mercury Çengelköy?
There are 2+1 (72 – 82 m²), 3+1 (100 – 117 m²) and 4+1 (127 – 195 m²) apartments, 4+2 duplexes from 215 m² and 5+1 rooftop duplexes of 240 – 311 m².
How much is rent in Mercury Çengelköy?
In two listings live in October 2026, 5+1 rooftop duplexes are offered at TL 175,000 a month, or about $3,500. No rental listings were found in the project for other unit types.
How much is the service charge in Mercury Çengelköy?
The rooftop duplex listing gives the monthly service charge as TL 15,000. Service charges for the smaller units are not publicly available.
Does Mercury Çengelköy have a pool?
Yes, the complex has an indoor swimming pool, a sauna and a gym.
Can you get citizenship by buying in Mercury Çengelköy?
The units most likely to meet the $400,000 threshold on their own are the larger 4+1s and the duplexes. The final decision depends on the value in the licensed valuation report and the title deed conditions.
Does Mercury Çengelköy have parking?
Yes, standard units have 1 covered parking space and duplexes have 2.
Who handles the legal process when buying at Mercury Çengelköy?
For purchases through Property Time Istanbul, the title deed check, contract, title transfer and citizenship application are handled by Att. Egemen Yasin Şahalioğlu, registered with the Istanbul Bar Association.
What are the buying costs at Mercury Çengelköy?
The main costs are the 4% title deed fee (by law 2% each for buyer and seller), the land registry service fee, DASK insurance and, for foreigners, a valuation report and a sworn translator. Service charges are set by building management and confirmed in writing before purchase.
Can units in Mercury Çengelköy be rented short term?
Short-term rental requires a permit from the Ministry of Culture and Tourism and the unanimous consent of the other unit owners; in projects with many units this consent is hard to obtain in practice.
Where do Mercury Çengelköy prices come from?
Prices are compiled from the portal listings, estate agencies and developer price lists named under each table on this page; Turkish lira amounts are converted to US dollars at the 24 October 2026 rate ($1 ≈ 49.6 TRY). They are asking or list prices.