Nef Reserve Kandilli Prices and Details 2026
Küçüksu, Kandilli, Üsküdar, Istanbul
Nef Reserve Kandilli apartments start from about $1,100,000 (one million one hundred thousand dollars) as of October 2026; a current listing for a 236 m² 4+1 asks 77,000,000 (seventy-seven million) TL, roughly $1,552,000 (one million five hundred fifty-two thousand dollars). The project sits on the Kandilli hillside in Üsküdar's Küçüksu neighbourhood, on a plot of about 70 (seventy) decares. Developed by Timur Gayrimenkul under the Nef brand, the complex has 29 (twenty-nine) blocks and 406 (four hundred six) homes, designed by architect Emre Arolat. First handovers began at the end of 2022 and the project is now complete. Layouts range from 2.5+1 apartments to 5+1 duplexes, and based on listing prices every unit type is above the $400,000 (four hundred thousand dollars) citizenship threshold. Property Time Istanbul's office is at Skyland in Sarıyer; every legal step of the purchase is handled by Att. Egemen Yasin Şahalioğlu.
What are the key facts about Nef Reserve Kandilli?
Nef Reserve Kandilli is a Bosphorus-facing residential project of 29 blocks and 406 homes on Metin Sokak, Dereboyu Caddesi, in Üsküdar's Küçüksu neighbourhood. The developer is Timur Gayrimenkul Geliştirme Yapı ve Yatırım A.Ş., owner of the Nef brand, and the architect is Emre Arolat Architecture; interiors are by Mustafa Toner and landscaping by Salm Peyzaj. Sources disagree on the plot size: the developer's press statements say about 70 decares, while some portals give 40,000 m². The architecture office lists the total built area as 130,000 m².
What makes Nef Reserve Kandilli stand out?
The most distinctive feature of Nef Reserve Kandilli is Nef's shared-use system called Foldhome: residents were promised a waterfront yalı for events, a pavilion for guests and a boat for crossing to the European shore. The buildings are low-rise, parking was moved underground, and about 39,000 m² of landscaped space was left at ground level. The project was announced as one of the first housing projects in Türkiye to use building completion insurance.
Yalı, guest pavilion and a boat waiting at the pier
Open spaces among century-old plane trees
Wide eaves, timber and earth-toned facades
Announced with the project in 2019
Source: AA / Mynet, 13 October 2021; Emlakkulisi, 1 February 2019; Şantiye, 21 September 2022; emrearolat.com project page; Rego Türkiye listing 5690; geoln.com project page.
How much are apartments for sale in Nef Reserve Kandilli?
Apartments for sale in Nef Reserve Kandilli start from about $1,100,000 (one million one hundred thousand dollars) in October 2026, with prices of up to $3,500,000 (three million five hundred thousand dollars) for the large 5+1 duplexes. The most recent listing among the sources, dated 24 October 2026, asks 77,000,000 (seventy-seven million) TL for a 236 m² 4+1, about $1,552,000 (one million five hundred fifty-two thousand dollars); that works out to roughly 326,000 TL or $6,600 per square metre. A July 2025 listing asked 63,000,000 (sixty-three million) TL for a 193 m² 3+1. For comparison, emlakjet puts the Kandilli neighbourhood listing average at about 217,600 TL per square metre. The August 2022 price list ranged from 18 to 65 million TL; it is no longer current.
Source: emlakjet listing 20019784 (4+1, 236 m², 77,000,000 TL, 24 October 2026); Rego Türkiye listing 5690 (3+1, 193 m², 63,000,000 TL, 9 July 2025); deal-tr.com project page (starting prices by type, 13 April 2026); emlakplatform.com.tr project page (from $1,100,000, 16 February 2026); guncelprojebilgileri.com (August 2022 price list). Exchange rate: $1 = 49.6 TL (24 October 2026).
How does buying in Nef Reserve Kandilli 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 Nef Reserve Kandilli?
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 Nef Reserve Kandilli?
We found no active rental listing in Nef Reserve Kandilli as of 27 October 2026, so we cannot give a rent table for the project. As a nearby example, a 170 m² 3+1 with a Bosphorus view in Kandilli was listed in September 2026 for 150,000 (one hundred fifty thousand) TL a month, about $3,000 (three thousand dollars); that apartment is not in the project.
Source: emlakjet Kandilli neighbourhood rentals page, listing 19895436 (24 September 2026), checked on 27 October 2026. Exchange rate: $1 = 49.6 TL.
What is the rental yield in Nef Reserve Kandilli?
The rental yield for Nef Reserve Kandilli cannot be calculated right now, because there are no sale and rental listings for the same unit type in the project. Once a rental listing appears, gross yield can be worked out by dividing the annual rent by the sale price of the same type.
Can units in Nef Reserve Kandilli 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 Nef Reserve Kandilli?
Service charges at Nef Reserve Kandilli 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 Nef Reserve Kandilli?
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.
Based on listing and project page prices, even the smallest 2.5+1 apartments in Nef Reserve Kandilli start from about $1,100,000, so every unit type meets the $400,000 threshold on its own. The application still relies on the value in a licensed valuation report, and the title transfer must be paid with foreign currency sold to a Turkish bank.
- 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 apartment types are available in Nef Reserve Kandilli?
Nef Reserve Kandilli has no 1+0 or 1+1 apartments; the smallest type is a 2.5+1 from 157 m² and the largest is a 5+1 duplex of up to 423 m². In between are 3+1, 3.5+1 and 4+1 apartments, and each floor of a block has only two units.
The entry type, suited to small families
Standard family apartment
Extra study or guest room
Large living room, Bosphorus-facing options
Two-level plan, the largest type
How do you get to Nef Reserve Kandilli?
Nef Reserve Kandilli is easiest to reach by car; the site is close to the approach roads of the Fatih Sultan Mehmet and 15 July Martyrs bridges. The Kandilli shore and ferry pier are about 2.4 km away, and there is no rail station within walking distance.
How long does it take to get from Nef Reserve Kandilli to the airports?
From Nef Reserve Kandilli it is about 40 km to Sabiha Gökçen Airport, 40 – 55 minutes depending on traffic, and about 50 km to Istanbul Airport via the Fatih Sultan Mehmet Bridge and the Northern Marmara Motorway, a 45 – 65 minute drive.
What amenities does Nef Reserve Kandilli offer?
Nef Reserve Kandilli has a wide range of shared facilities, including indoor and outdoor pools, a spa, a fitness centre, a cinema and a kids' club. Under the Foldhome system, a yalı, a guest pavilion and a boat were also presented as available to residents.
Is Nef Reserve Kandilli a good investment?
Nef Reserve Kandilli is one of the stronger options for buyers looking for a completed, spacious complex near the Bosphorus on the Asian side; however, its price per square metre is well above the neighbourhood average and there is no rental data. The investment decision should therefore rest on a concrete offer for a specific unit and a valuation report.
- Completed and delivered project
- Low-rise architecture by Emre Arolat
- Extensive landscaping and shared facilities
- Very limited new housing supply in Kandilli
- Price per m² above the neighbourhood average
- No rental listings found in the project
- Not within walking distance of the shore or rail
- Title deed type is unclear in sources and needs checking
Before buying, the title record, condominium and occupancy permit status, and any mortgages or annotations should be checked as part of a title deed review; the agreement with the seller should also be reviewed by a lawyer at the sales contract stage.
What other projects are near Nef Reserve Kandilli?
We do not yet list another project near Nef Reserve Kandilli on the Asian side. You can compare the Levent and Maslak projects across the Fatih Sultan Mehmet Bridge and other options close to the Bosphorus on the pages below.
Who should you buy Nef Reserve Kandilli 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 Nef Reserve Kandilli
How much do apartments in Nef Reserve Kandilli cost?
As of October 2026, apartments for sale start from about $1,100,000. A listing dated 24 October 2026 asks 77 million TL (about $1,552,000) for a 236 m² 4+1; the large 5+1 duplexes start from $3,500,000.
Who developed Nef Reserve Kandilli?
The project was developed by Timur Gayrimenkul Geliştirme Yapı ve Yatırım A.Ş. under the Nef brand. The architecture is by Emre Arolat and the interiors by Mustafa Toner.
Where exactly is Nef Reserve Kandilli?
On Metin Sokak, Dereboyu Caddesi, in Üsküdar's Küçüksu neighbourhood, on the Kandilli hillside. It is about 2.4 km from the Kandilli shore and about 5 km from the Fatih Sultan Mehmet Bridge.
Has Nef Reserve Kandilli been delivered?
Yes. First handovers began at the end of 2022, and the emlakjet project page shows January 2023 as the delivery date with construction at 100%.
How many homes are in Nef Reserve Kandilli?
There are 406 homes in 29 blocks. The blocks have 6 floors with two apartments per floor.
Are there 1+1 apartments in Nef Reserve Kandilli?
No. The project has no 1+0 or 1+1 units; the smallest type is a 2.5+1 from 157 m² and the largest is a 5+1 duplex.
Can buying in Nef Reserve Kandilli qualify for Turkish citizenship?
Based on listing prices, every unit type is above the $400,000 threshold. The application relies on the value in a licensed valuation report, and the title record and currency sale must also meet the rules.
Are there apartments for rent in Nef Reserve Kandilli?
We found no active rental listing in the project as of 27 October 2026. For that reason, rental yield cannot be calculated at the moment.
What is the Foldhome system?
It is Nef's shared-use concept. At Nef Reserve Kandilli, residents were promised a yalı for events, a pavilion for guests and a boat for crossing to the other shore.
What is the title deed status of Nef Reserve Kandilli?
One project portal lists the title type as kat irtifakı (construction servitude), but it may have been converted to full condominium title after delivery. Check the current status in the land registry before buying.
Who handles the legal process when buying at Nef Reserve Kandilli?
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 Nef Reserve Kandilli?
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 Nef Reserve Kandilli 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 Nef Reserve Kandilli 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.