Torun Center Prices and Details 2026
Fulya – Mecidiyeköy, Şişli, Istanbul
Torun Center apartments for sale start from 26,000,000 TL, about $524,000 (five hundred twenty-four thousand dollars), based on a 146 m² 2+1 listing on emlakjet; the developer price list published by agencies starts 2+1 units at $1,584,000 (one million five hundred eighty-four thousand dollars) and goes up to $7,389,000 (seven million three hundred eighty-nine thousand dollars) for penthouses. The project is a mixed-use complex built by Torunlar GYO on Büyükdere Avenue in Mecidiyeköy, on the site of the former Ali Sami Yen Stadium, with two residential towers, an office tower and garden offices. It was designed by Emre Arolat. The towers were completed in 2016 and condominium title was established in 2017. According to the valuation report on KAP, blocks B and C hold 494 (four hundred ninety-four) homes in total. Comparing the list price and a rental listing for the same unit type gives a gross rental yield of about 3.3% (three point three percent). 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 Torun Center's key facts?
Torun Center is a mixed residential, office and retail project built by Torunlar GYO, a company listed on Borsa Istanbul, on block 1199, parcel 384 in Şişli. The land is the former site of Galatasaray's Ali Sami Yen Stadium, demolished in 2011. According to the December 2025 valuation report published on KAP, the 33,615 m² plot carries 252,115 m² of construction and 842 independent units across five blocks. The residential towers are about 160 metres tall.
Source: KAP – Torunlar GYO, Reel Gayrimenkul Değerleme report TRGYO-2510214 (valuation date 31.12.2025, report date 08.01.2026), CTBUH Skyscraper Center (tower heights and floor counts), Emlakkulisi (10.04.2013, architect), residenceindex.com and sacitrealestate.com project pages. The number of homes varies between 241 and 494 depending on the source; the block table in the KAP report is used here. One table in the report lists 229 homes and 7 offices for block C.
Which blocks make up Torun Center?
Torun Center consists of five blocks: two residential towers, one office tower, one block of garden offices and shops, and one social facility. In front of the towers is a city square of about 10,000 m². According to the KAP report, Torunlar GYO still held 472 of the 842 independent units as of December 2025; the report does not say how many of these are homes.
258 homes; 4 basements, ground floor and 43 standard floors.
236 independent units. Part of the block is planned to become a 110-room hotel; no licence has been issued for this conversion yet.
124 office and storage units; about 144 m tall.
220 offices, business units and shops; 5 basements and ground floor.
4 independent units; shared areas for residents.
Source: KAP – valuation report TRGYO-2510214 (31.12.2025; unit counts per block and hotel plan), CTBUH Skyscraper Center, residenceindex.com (city square). The current status of the hotel conversion should be confirmed with the sales office.
How much are Torun Center apartments for sale?
The lowest sale price found at Torun Center is 26,000,000 TL, about $524,000 (five hundred twenty-four thousand dollars), for a 146 m² 2+1 listed on emlakjet; that works out to about $3,590 per square metre. The developer price list published by agencies and updated in October 2026 is far higher: 2+1 units of 226 – 233 m² cost $1,584,000 (one million five hundred eighty-four thousand dollars) to $2,100,000 (two million one hundred thousand dollars), 3+1 units start from $1,687,000 (one million six hundred eighty-seven thousand dollars), 4+1 units from $3,163,000 (three million one hundred sixty-three thousand dollars), and 574 m² penthouses cost $7,151,000 – $7,389,000. The list works out to about $7,000 per square metre, almost twice the resale listing. The developer list offers a 50% (fifty percent) down payment with 18 (eighteen) monthly instalments. No current sale price was found for 1+1 units; prices are available on request.
Source: emlakjet.com listing no. 15619277 (Yurt Gayrimenkul; 2+1, 146 m², 26,000,000 TL; live in search results in October 2026, listing date not visible); sahmatgroup.com.tr project page (price update 04.10.2026: 2+1 226 – 233 m² $1,584,000 – $2,100,000, 3+1 242 – 246 m² $1,687,000 – $2,150,000, 4+1 299 – 407 m² $3,163,000 – $4,673,000, penthouse 574 m² $7,151,000 – $7,389,000; 50% down payment, 18 monthly instalments); yenikonutemlak.com (same list, updated 27.04.2026); listing.global (3+1 241 m² from $1,687,000, 12.05.2026); Realting (from $1,540,000, updated 27.09.2026). The TL amount was converted at 1 $ = 49.6 TL (24 October 2026) and rounded to the nearest thousand. The Sahibinden and hepsiemlak listing pages could not be opened; no current sale price was found for 1+1 units.
Older figures show how prices have moved: at the launch on 10 April 2013, homes were priced at $580,000 – $3,900,000, or $5,200 – $8,300 per square metre. During an industry campaign in May – June 2018, a 20% discount and a mortgage option with 5% down were offered. In 2022, a foreign agency listed a 115 m² apartment for $479,000. These older figures are not included in the table.
How does buying in Torun Center 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 Torun Center?
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 Torun Center apartments for rent?
Rental listings at Torun Center start from 82,000 TL a month (about $1,650) for furnished 1+1 units; a furnished 97 m² 1+1 is listed at 100,000 TL (about $2,020). A 240 m² 3+1 was listed in October 2026 at 230,000 TL a month (about $4,640); the same unit was previously listed at 250,000 TL. No current rental listings were found for 2+1 or 4+1 units.
Source: emlakjet.com listing no. 17597289 (Kartın Emlak Sepeti; furnished 1+1 with a view, 82,000 TL a month; listing date not visible), residenceindex.com Torun Center page (furnished 1+1, 97 m², 100,000 TL a month; no date), emlakjet.com Fulya rental residence listing (3+1, 240 m², 230,000 TL a month, previous price 250,000 TL; 01.10.2026; the same listing appears on Trovit at 240,000 TL). Rate 1 $ = 49.6 TL; amounts rounded to the nearest ten.
What is the rental yield at Torun Center?
The only like-for-like comparison possible at Torun Center is for 3+1 units: the list price of a 241 m² 3+1 is $1,687,000, and a 240 m² 3+1 is listed for rent at 230,000 TL a month. That means a gross yield of about 3.3% (three point three percent). Buying at lower resale prices instead of the list price would raise the yield, but no current resale listing was found for a 3+1. The KAP report also gives value and rent figures for the 472 units Torunlar holds, but a large share of these are offices and shops, so they cannot stand in for a residential yield. After service charges, taxes and empty periods, the net yield is lower.
Can units in Torun Center 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 Torun Center?
Service charges at Torun Center 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 Torun Center?
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.
At Torun Center, every unit type on the developer list, from 2+1 to penthouse, clears the $400,000 threshold on its own; the lowest figure on the list is $1,584,000. The 146 m² 2+1 listed on emlakjet is also above the threshold at about $524,000. No current sale price was found for 1+1 units of 97 – 101 m², so whether this type meets the threshold has to be checked separately. What counts is not the asking price but the value in the CMB-licensed valuation report and the price declared on the title deed.
- 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 at Torun Center?
Torun Center has five main types, from 97 m² 1+1 units to 574 m² penthouses. Sites that share floor plans show very different 2+1 layouts of 144 m², 201 m² and 233 m²; views face the Bosphorus, the sea or the city depending on the unit.
The smallest type in the project and the one seen most often in rental listings.
Three different layouts; the resale listing is 146 m², the developer list 226 – 233 m².
Starts from $1,687,000 on the developer list; a rental listing is available.
Large family apartments; 3 to 4 parking spaces depending on the layout.
Listed as 5+1; the most expensive units in the project.
124 units in block D and 220 in block A.
How do you get to Torun Center?
The easiest way to reach Torun Center is the M2 Şişli – Mecidiyeköy metro station, about 600 metres away. The Mecidiyeköy metrobus stop is a few minutes' walk, and the M7 Mecidiyeköy – Mahmutbey line shares the same interchange. Because the project sits on Büyükdere Avenue, the 15 July Martyrs Bridge approach and the Levent – Maslak business districts are a short drive away.
How long does it take from Torun Center to Istanbul Airport?
Istanbul Airport is about 34 kilometres from Torun Center, or 30 – 45 minutes by car depending on traffic. By public transport, you can take the M2 one stop to Gayrettepe and change to the M11 metro, which runs directly to the airport. For Sabiha Gökçen, allow between 50 minutes and 1 hour 10 minutes depending on bridge traffic.
What amenities does Torun Center offer?
Torun Center has hotel-style services such as an indoor swimming pool, spa, gym and concierge; the city square in front of the towers and the shops and restaurants on the lower floors are also open to visitors. The list below is based on promotional information from the developer and agency sites; the scope of services and the service charge should be confirmed with the sales office.
Is Torun Center a good investment?
Torun Center is well placed for living in and for corporate lettings: it sits in central Mecidiyeköy within walking distance of the metro and metrobus, it is completed and it has condominium title. On the other hand, the developer list is almost twice the resale listing, and the gross yield at list price stays at around 3.3%. The project's history includes an elevator accident in 2014 that killed 10 workers, a 2016 court order suspending its zoning plan, and a municipal seal on block D; all of this makes legal due diligence before buying even more important.
- Central Mecidiyeköy, ~600 m to the M2 metro and a few minutes to the metrobus
- Completed, condominium title established in 2017
- Built by Torunlar GYO, a listed company whose valuation reports are published on KAP
- All types from 2+1 upwards are above the $400,000 threshold
- Large gap between the developer list (~$7,000/m²) and the resale listing (~$3,590/m²)
- Gross rental yield of ~3.3% at list price
- A court suspended the zoning plan in 2016; its current legal status should be checked
- A hotel conversion is planned for part of block C; no licence has been issued yet
Whichever apartment you choose, the title record, condominium status, zoning lawsuits, mortgages and annotations should be checked before purchase as part of a title deed and legal review.
What other projects are near Torun Center?
The closest projects to Torun Center are along Büyükdere Avenue and around Şişli – Nişantaşı; Nurol Life Penthouse and Nişantaşı Koru Bosphorus are a few minutes' drive away, Polat Levent Exclusive about 10 minutes and Skyland İstanbul about 15 minutes.
Who should you buy Torun Center 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 Torun Center
Where exactly is Torun Center?
Torun Center is at Büyükdere Avenue No:74 in Şişli, on the former Ali Sami Yen Stadium site in Mecidiyeköy. The address gives Fulya neighbourhood; the land registry records Dikilitaş.
Who built Torun Center?
The project was developed by Torunlar GYO, listed on Borsa Istanbul, and designed by Emre Arolat. As of December 2025, Torunlar GYO owned 472 of the project's 842 independent units.
What is the cheapest apartment at Torun Center?
The lowest sale price found is 26,000,000 TL, about $524,000, for a 146 m² 2+1 on emlakjet. The developer list starts 2+1 units at $1,584,000. No current sale price was found for 1+1 units.
How many homes are there at Torun Center?
According to the valuation report on KAP, there are 494 homes: 258 in block B and 236 in block C. Some portals give 241, 353 or 400; the KAP report should be treated as the official record.
When was Torun Center completed?
The towers were completed in 2016; condominium title was established on 24 November 2017 and the occupancy permit was obtained. The valuation report gives 2018 as the year of construction.
Which metro station is closest to Torun Center?
The closest station is M2 Şişli – Mecidiyeköy, about 600 metres away. The Mecidiyeköy metrobus stop and the M7 line share the same interchange; the M11 line to the airport is reached by changing at Gayrettepe.
What is the rental yield at Torun Center?
Comparing the 3+1 list price ($1,687,000) with a rental listing for a 240 m² 3+1 (230,000 TL a month) gives a gross yield of about 3.3%. Buying at resale prices could give a higher figure.
Can you apply for citizenship by buying at Torun Center?
All types on the developer list and the 146 m² 2+1 listing are above the $400,000 threshold. Eligibility depends on the valuation report and the title deed price, not the asking price; the process should be handled with a lawyer.
Does Torun Center have any legal issues in its history?
In 2016, the Istanbul 7th Administrative Court suspended a 2010 zoning plan change, and the appeal was rejected. The project later moved to condominium title. Şişli Municipality also sealed parts of block D at one point over alterations contrary to the approved project. A lawyer should review these issues before purchase.
Will there be a hotel at Torun Center?
According to the KAP report, part of block C is planned to become a 110-room hotel, but no licence has been issued for this conversion yet. Buyers looking at block C should ask about the current status of the plan.
What amenities does Torun Center have?
There is an indoor pool, spa, sauna, Turkish bath, gym, kids' club, cinema, 24/7 concierge and valet service, covered parking, and a city square of about 10,000 m² in front of the towers.
Who handles the legal process when buying at Torun Center?
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 Torun Center?
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 Torun Center 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 Torun Center 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.