Altower Prices and Details 2026
Sahrayıcedit, Kadıköy, Istanbul
Altower apartments are listed from about $158,000 (one hundred fifty-eight thousand dollars) based on the listings we saw in October 2026; that price is for a 71 m² 1+1, and the three sale listings we found range from $158,000 to $191,000 (one hundred fifty-eight thousand to one hundred ninety-one thousand dollars). The tower is the first housing project of the Altınbaş family, best known in the jewellery business. It stands in the Sahrayıcedit neighbourhood of Kadıköy, on the Göztepe side, close to the E-5 highway and the M4 metro line. Designed by Has Mimarlık, it is a residential tower of about 109 m with 330 (three hundred thirty) homes, completed in 2024. A rough calculation using rental listings for the same unit type gives a gross rental yield of about 7.6% (seven point six 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 the key facts about Altower?
Altower is the Altınbaş group's first housing project, launched by Orkun and Serdar Altınbaş, the third generation of Altınbaş Holding. According to Ekonomist, the plot had been a stalled site with 81 co-owners since 1992; the family took the project over and planned a single tower of 330 homes on about 7 dönüm of land. The building is in Kadıköy's Sahrayıcedit neighbourhood, in the area facing Göztepe and Bağdat Avenue.
Source: Posta, "Mücevherin zarafeti konutla buluştu" (25 December 2017), Ekonomist, "Altınbaş'ın üçüncü kuşağından inşaat girişimi", Interempresas, "Sistemas Cortizo en el proyecto Altower de Estambul" (23 June 2020), Wikipedia "List of tallest buildings in Istanbul". Interempresas gives 30 floors and Wikipedia 32; Wikipedia gives the height as 109 m and the completion year as 2024.
What shared facilities and services does Altower have?
Altower has a gym, an indoor pool and spa, a cinema, a restaurant and a lounge bar; sources mention about 8,000 m² of landscaped grounds. Listings describe the apartments as "hotel-concept" and also mention a smart home system and concierge service. The facade uses Cortizo aluminium curtain wall and sliding window systems.
Source: Interempresas (23 June 2020), Partners Global Property listing #810440 on Realting.com (updated 08.09.2022), Trovit Kadıköy listing titles (27.10.2026). Whether the shared facilities are free or covered by service charges is not public; confirm with the building management.
How much are Altower apartments for sale?
The three Altower sale listings we found on 27 October 2026 range from 7,850,000 TL to 9,450,000 TL, or about $158,000 (one hundred fifty-eight thousand dollars) to $191,000 (one hundred ninety-one thousand dollars). The lowest price is for a 71 m² 1+1 marketed as hotel-concept; an 80 m² 1+1 is listed at 8,500,000 TL (about $171,000, one hundred seventy-one thousand dollars) and a 75 m² 1+1 at 9,450,000 TL. We found no listings for larger apartments, so prices for 2+1 and above are on request. For comparison: in 2022 a 76 m² 1+1 was listed at $196,810 on a foreign portal, and at launch in 2017 prices started at 7,500 TL per square metre.
Source: Trovit Kadıköy listing search (27.10.2026): 7,850,000 TL / 71 m² (older than 30 days, previously 9,000,000 TL), 8,500,000 TL / 80 m² (25 days ago), 9,450,000 TL / 75 m² (16 days ago). The portal does not say whether the m² figures are gross or net. TL prices were converted at $1 = 49.6 TL (24 October 2026) and rounded. Historical data: Realting.com, Partners Global Property listing (08.09.2022); Posta (December 2017).
How does buying in Altower 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 Altower?
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 Altower apartments for rent?
Monthly rents for 1+1 apartments at Altower range from 50,000 TL to 65,000 TL in October 2026 listings, or about $1,010 (one thousand ten dollars) to $1,310 (one thousand three hundred ten dollars). All five rental listings we found are 60 – 77 m² 1+1 units; some are furnished or come with white goods, and one says it can be rented as a home or an office.
Source: Trovit Kadıköy rental listing search (27.10.2026): five 1+1 listings at 54,000 TL, 50,000 TL (previously 52,000 TL), 65,000 TL, 55,000 TL and 50,000 TL (previously 60,000 TL). Rents were converted at $1 = 49.6 TL and rounded to the nearest ten; annual rent is 12 times the monthly rent.
What is the rental yield at Altower?
The gross rental yield for 1+1 units at Altower is about 7.6% (seven point six percent) based on listing averages. The average sale price is 8,600,000 TL and the average monthly rent 54,800 TL; pairing the lowest and highest listings gives a range of 6.3% to 9.9%. These are asking prices, so actual rents and sale prices may differ; service charges, taxes and vacant months are not included.
Can units in Altower 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 Altower?
Service charges at Altower 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 Altower?
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.
None of the Altower 1+1 listings we saw meets the $400,000 threshold on its own; the most expensive is about $191,000. The project is said to include larger apartments of up to 300 m², but we found no current listings for them. Reaching the threshold means buying more than one apartment or asking the seller for a price on a large unit; in every case the title deed value and a CMB-licensed valuation report are what count.
- 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 there at Altower?
Most homes at Altower are 1+1; according to the launch report, apartments could be converted into 2+1 and 3+1 on request. Project information gives apartment sizes of 75 – 300 m²; the 1+1 units in October 2026 listings are 60 – 80 m².
The tower's main type; all sale and rental listings are this type.
Offered at launch by combining units on request; no current listing found.
Listed in project information; price on request.
How do you get to Altower?
Altower is right next to the E-5 (D-100) highway in Kadıköy; one listing says both the highway and the M4 Kadıköy – Tavşantepe metro line are about 100 m away. The nearest stations are Göztepe and Yenisahra, and the M4 reaches the Kadıköy ferry pier and Ataşehir quickly. Bağdat Avenue and Marmaray's Göztepe station are a few kilometres to the south.
How far is Altower from the airport?
Sabiha Gökçen Airport is about 30 km from Altower, or 30 – 40 minutes by car depending on traffic; the M4 metro line also runs to Sabiha Gökçen. Istanbul Airport is on the European side, about 55 km away; the trip can take 60 – 90 minutes depending on bridge traffic.
What amenities are around Altower?
Around Altower are the shops and restaurants of Bağdat Avenue, parks in Göztepe, hospitals and a university campus. The tower's own gym, pool, cinema and restaurant cover part of everyday needs.
Is Altower a good investment?
Altower is worth a look for buyers who want a 1+1 to rent out in a completed tower near the metro on the Asian side; based on listings, the rental yield looks higher than the Istanbul average. On the other hand, the stock is almost entirely small apartments, which means competition for both tenants and buyers.
- Completed tower, no construction risk
- Very close to the E-5 and the M4 metro line
- Shared facilities such as pool, spa, cinema and restaurant
- Gross rental yield of around 7.6% based on listings
- Most of the 330 homes are similar 1+1s, so competition is high
- A single 1+1 does not reach the citizenship threshold
- Current prices for large apartments are not public
- Service charges and terms of use for shared areas should be confirmed
Before buying, the title deed record, occupancy permit status, service charges and building management plan, and an independent valuation report should be checked by a lawyer. These checks are carried out by Att. Egemen Yasin Şahalioğlu as part of a valuation and title deed review.
What other projects are near Altower?
Altower is in Kadıköy on the Asian side; on our site you can also look at residence and branded housing projects in other parts of Istanbul.
Who should you buy Altower 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 Altower
What is the cheapest apartment at Altower?
The lowest price we found on 27 October 2026 is 7,850,000 TL, about $158,000, for a 71 m² 1+1. The three sale listings range from $158,000 to $191,000.
Who built Altower?
It is the first housing project of Altınbaş Holding, known for jewellery, and was launched by Orkun and Serdar Altınbaş. The architectural design is by Has Mimarlık.
Where is Altower?
In the Sahrayıcedit neighbourhood of Kadıköy, in the Göztepe area, next to the E-5 highway. According to one listing, the M4 metro line is about 100 m away.
Is Altower completed?
Yes. Wikipedia lists the tower as completed in 2024, and listings include apartments ready to move into.
How many apartments and floors does Altower have?
The tower has 330 homes. Sources give 30 to 32 floors; the height is about 109 m.
How much is a 1+1 for rent at Altower?
In October 2026 listings, 1+1 apartments rent for 50,000 – 65,000 TL a month, or about $1,010 – $1,310.
What is the rental yield at Altower?
Based on listing averages, the gross rental yield on 1+1 units is about 7.6%; pairing listings gives 6.3% to 9.9%. Service charges and taxes are not included.
Does an Altower apartment qualify for citizenship?
None of the listed 1+1 units meets the $400,000 threshold on its own. You would need more than one apartment or a large one; the title deed value and valuation report decide.
What shared facilities does Altower have?
A fitness centre, indoor pool and spa, cinema, restaurant, lounge bar and about 8,000 m² of landscaped grounds. Listings also mention a smart home system and concierge service.
Are there 2+1 or 3+1 apartments at Altower?
Project information mentions apartments of up to 300 m² and 2+1 or 3+1 options on request, but we found no listings for these types in October 2026. Price on request.
Who handles the legal process when buying at Altower?
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 Altower?
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 Altower 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 Altower 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.