Nivo İstanbul Prices and Details 2026
İnönü, Küçükçekmece, Istanbul
Nivo İstanbul apartments for sale start at about $86,000 (eighty-six thousand dollars) according to the listings we checked in October 2026; a 2+1 is listed at about $127,000 (one hundred twenty-seven thousand dollars) and the only 3+1 we found at about $194,000 (one hundred ninety-four thousand dollars). The project stands on a 42,000 (forty-two thousand) square metre plot on Basın Ekspres Road in the İnönü neighbourhood of Küçükçekmece, where two factories used to be. It is a joint venture of Cathay Group and the Saudi-funded Neba Gayrimenkul, with 6 (six) blocks; the residential part is also known on site as "Neba Garden". The homes have been handed over and sales now run through resale listings. A furnished 1+1 rents for 35,000 TL a month, about $706 (seven hundred six dollars), which means a gross yield of around 9% (nine percent) on 1+1 units. A single apartment does not reach the $400,000 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 Nivo İstanbul?
Nivo İstanbul is a mixed-use project built on a 42,000 m² plot on Basın Ekspres Road that once held two factories: residential blocks, home-office blocks, a serviced residence block and an open-air shopping street running through the site. Cathay Group announced the project in 2016 in partnership with Neba A.Ş., a company with Saudi Arabian capital; today most listings name Neba Gayrimenkul ve Yatırımları A.Ş. as the developer. Sources give the total number of homes as anywhere between 1,200 and 1,404.
Source: Gazete Vatan (18.05.2016; Cathay Group, Neba A.Ş. partnership, 42,000 m², 6 blocks, 1,404 units, 200,000 m² construction area, Dome + Partners), Emlakkulisi (11.01.2019; Ascott agreement, 3 home-office and 2 residential blocks), guncelprojebilgileri.com (address, unit types and size ranges), Anka Emlak project page (6 blocks, 1,218 independent units, Neba Gayrimenkul), Emlakjet project page (1,200 homes) and Emlakjet listing #19101841 (condominium title). The number of homes differs between sources.
What shared facilities does Nivo İstanbul have?
Nivo İstanbul has swimming pools, a gym, a sauna, a Turkish bath, cinema and hobby rooms, and children's play areas. An open-air shopping street runs between the blocks, with a running track crossing over it on bridges.
The project's residential blocks; most listings come from here.
Units that can be used as live-work spaces.
In 2019 a deal was announced for The Ascott to operate 150 apartments.
Source: Anka Emlak and En Yeni Konut Projeleri project pages (facilities), Emlakjet listings #18825708 and #19101841 (parking, security, central heating), Emlakjet shop-for-rent listing (Nivo İstanbul AVM, 20.05.2026), Emlakkulisi (11.01.2019; 20-year Citadines agreement with Ascott). We could not confirm under which brand the residence block operates today.
How much are apartments for sale in Nivo İstanbul?
1+1 apartments in Nivo İstanbul sell for 4,250,000 TL to 4,800,000 TL, or about $86,000 (eighty-six thousand dollars) to $97,000 (ninety-seven thousand dollars). The asking price for a 94 m² 2+1 in Block C is 6,300,000 TL, about $127,000 (one hundred twenty-seven thousand dollars). The only 3+1 listing we found is 9,600,000 TL, about $194,000 (one hundred ninety-four thousand dollars). Since the project is complete, the developer no longer publishes a price list; prices come from resale listings and vary with floor, aspect and furnishing.
Source: Emlakjet listing #18825708 (1+1, 67 m² gross, 15th floor, 4,500,000 TL, last updated 30.09.2026); Emlakjet listing #18954315 (Remax Balance, 1+1, 4,250,000 TL, listing date not shown); listings via Trovit: Block C 15th-floor 1+1, 65 m², 4,800,000 TL (older than 30 days) and Block C 2+1, 94 m², 6,300,000 TL (October 2026); Emlakjet listing #18048553 (Sweet Home, 3+1, 9,600,000 TL, area and date not shown). TL prices converted at $1 = 49.6 TL (24 October 2026) and rounded to the nearest thousand dollars. The developer's 2019 price list (1+1 from 650,000 TL) is out of date.
How does buying in Nivo İstanbul 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 Nivo İstanbul?
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 Nivo İstanbul?
A furnished 1+1 in Nivo İstanbul rents for 35,000 TL a month, about $706 (seven hundred six dollars); that is roughly $8,468 (eight thousand four hundred sixty-eight dollars) a year. The landlord asks for 6 months' rent in advance and a 70,000 TL deposit. We found no priced rental listings for 2+1 or 3+1 units.
Source: Emlakjet listing #19101841 (1+1, 60 m² gross / 40 m² net, furnished, 35,000 TL/month, last updated 16.10.2026); the same listing appears on Trovit at the same price. Converted at $1 = 49.6 TL (24 October 2026). Rental listings on Anka Emlak show no price.
What is the rental yield in Nivo İstanbul?
Based on listings, the gross rental yield on 1+1 apartments in Nivo İstanbul is roughly 8.8% to 9.9%. We divided the annual rent of 420,000 TL (35,000 TL a month) by 1+1 sale prices of 4,250,000 – 4,800,000 TL. The rental unit is furnished and a little smaller than the units for sale, so the real yield may be lower; service charges, taxes and empty months are not included either.
Can units in Nivo İstanbul 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 Nivo İstanbul?
Service charges at Nivo İstanbul 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 Nivo İstanbul?
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.
No unit type in Nivo İstanbul reaches the $400,000 threshold on its own: the highest listing we found is a 3+1 at about $194,000. An investor looking at this project for citizenship would need to buy several apartments at once, with the total title deed value, backed by CMB-licensed valuation reports, above the threshold. In that case each apartment's valuation report should be checked separately.
- 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 in Nivo İstanbul?
Nivo İstanbul has 1+1, 2+1 and 3+1 apartments; gross areas are 50 – 80 m² for 1+1s and 85 – 147 m² for 2+1s. At launch it was said that 1+1 and 2+1 units could be joined through a modular system into 3+1s.
The most listed type in the project; rental demand is also strongest here.
Some units have an en-suite bathroom and a laundry room.
Few in number; can also be created by joining 1+1 and 2+1 units.
How do you get to Nivo İstanbul?
Nivo İstanbul is on Basın Ekspres Road, which links to the E-5 in the south and the TEM in the north. The Ataköy – İkitelli M9 metro line runs along Basın Ekspres, so rail access is easy. The distances below are approximate, measured on a map.
How many minutes is Nivo İstanbul from Istanbul Airport?
Nivo İstanbul is about 40 km from Istanbul Airport; the drive takes 35 – 50 minutes depending on traffic. Sabiha Gökçen Airport is about 60 km away and the trip often takes more than an hour.
What amenities are around Nivo İstanbul?
Some daily needs in Nivo İstanbul can be met at the shopping street inside the site; large malls are a few kilometres away.
Is Nivo İstanbul a good investment?
Nivo İstanbul is one of the few options in Istanbul for a completed apartment in a gated complex under $100,000, and the gross rental yield on 1+1s looks higher than the city average. On the other hand, the project is very large and has many units for sale, which may limit price growth.
- About 9% gross rental yield on 1+1s (based on listings)
- Completed project with condominium title
- Close to the M9 metro, E-5 and TEM
- Shopping street, pools, sports and social areas on site
- A single apartment does not reach the citizenship threshold
- Over 1,200 homes: many listings and strong competition
- Sources disagree on the number of homes and unit sizes
- The rental yield is based on one furnished listing
Before buying, the title deed record, occupancy permit status, service charges and any debts to site management, as well as the valuation report, should be checked by an independent lawyer. These checks are carried out by Att. Egemen Yasin Şahalioğlu as part of the title deed and contract review.
What other projects are near Nivo İstanbul?
We do not yet have another project page in Küçükçekmece; if you want to compare different price levels on the European side, you can look at the projects below.
Who should you buy Nivo İstanbul 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 Nivo İstanbul
How much is the cheapest apartment in Nivo İstanbul?
The cheapest listing we found in October 2026 is a 1+1 at 4,250,000 TL, about $86,000. Other 1+1 listings range from 4,500,000 to 4,800,000 TL.
Which district is Nivo İstanbul in?
The project is in the İnönü neighbourhood of Küçükçekmece, on Muammer Aksoy Street off Basın Ekspres Road.
Who built Nivo İstanbul?
The project was developed by Cathay Group in partnership with the Saudi-funded Neba A.Ş. Listings today name Neba Gayrimenkul ve Yatırımları A.Ş. as the developer.
Are Nivo İstanbul and Neba Garden the same project?
Yes. Neba Garden is the name used on site and in listings for the residential part of Nivo İstanbul.
Has Nivo İstanbul been delivered?
Yes, the project is complete. Listings give 2021 and 2022 as the build year; sales now happen through resale listings.
How many apartments are there in Nivo İstanbul?
Current project pages list 1,218 independent units in 6 blocks. The 2016 launch gave 1,404, and Emlakjet gives 1,200.
Does an apartment in Nivo İstanbul qualify for citizenship?
Not with one unit; the highest listing is about $194,000. You would need to buy several apartments with a combined value above $400,000.
How much is rent in Nivo İstanbul?
A furnished 1+1 rents for 35,000 TL a month, about $706. The landlord asks for 6 months' rent in advance.
Is Nivo İstanbul close to the metro?
Yes. The Ataköy – İkitelli M9 metro line runs along Basın Ekspres, and listings say the station is within walking distance.
What facilities does Nivo İstanbul have?
Swimming pools, a gym, sauna, Turkish bath, cinema and hobby rooms, children's play areas, a running track and a shopping street on site.
Who handles the legal process when buying at Nivo İstanbul?
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 Nivo İstanbul?
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 Nivo İstanbul 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 Nivo İstanbul 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.