
İstanbul, Türkiye
MM-020
Price on request
- Apartment
- Bathroom TBC
- 1+1, 2+1 and 3+1
- 20,142 m²
- -
- Golden Horn Views

MM-020 is a premium residential and commercial development located on the Golden Horn waterfront in Hasköy, Beyoğlu, combining contemporary urban living with the historic character of one of Istanbul’s most established districts.
MM-020 is a premium residential and commercial development located on the Golden Horn waterfront in Hasköy, Beyoğlu, combining contemporary urban living with the historic character of one of Istanbul’s most established districts. The project comprises 3 low-rise blocks, 119 residences and 5 commercial units across approximately 20,142 m² of construction area. Residences include 1+1, 2+1 and 3+1 options, with selected garden and duplex layouts, spacious terraces, high ceilings and Golden Horn views. Delivery is planned for 2028.
For current pricing, available units, and investment packages, please contact our team.
MM-020 follows a low-rise, stepped architectural concept inspired by the historic character of Hasköy and the Golden Horn. Developed on the former Hasköy Wool & Yarn Factory site, the project combines industrial heritage with contemporary residential architecture. Its green internal courtyard, generous terraces, balconies, and daylight-focused layouts create a more open residential environment, while the stepped building forms allow residences to connect visually with the Golden Horn.
Getting Around
The District
Location & Strategic Importance Beyoğlu is one of Istanbul’s most central, historically significant, and internationally recognized European-side districts, forming a major cultural, tourism, commercial, hospitality, and residential corridor. Located along the northern shore of the Golden Horn, Beyoğlu sits between the historic peninsula, Beşiktaş, Şişli, and Kağıthane. Its southern boundary includes Karaköy, Tophane, and the Bosphorus waterfront, while its central areas extend through Galata, Pera, İstiklal Avenue, Cihangir, and Taksim. Its northern and western neighborhoods connect toward Piyalepaşa, Okmeydanı, Hasköy, and Sütlüce. From a real-estate perspective, Beyoğlu’s strategic value comes from combining internationally recognized destinations, limited central-city land supply, historic architecture, extensive transportation connectivity, and major regeneration initiatives. Its proximity to Galataport, the Golden Horn, Taksim, and Istanbul’s primary cultural and commercial destinations supports demand from local residents, international buyers, professionals, tourists, and hospitality operators.
Major Neighborhoods & Areas Beyoğlu contains 45 neighborhoods, including Galata-area Şahkulu, Hacımimi, Kılıçali Paşa, Firuzağa, Cihangir, Şehit Muhtar, Piyalepaşa, Hasköy, Sütlüce, and Piripaşa. From a real-estate perspective, the key areas are Galata–Karaköy, Tophane, Cihangir, Taksim, Piyalepaşa, Dolapdere, Tarlabaşı, and the Golden Horn neighborhoods.
Galata–Karaköy: Beyoğlu’s premium heritage and international tourism market, known for historic apartments, boutique hospitality, restaurants, cultural destinations, and proximity to Galataport. Its investment appeal is supported by global recognition, walkability, limited comparable supply, and furnished residential demand.
Tophane–Kılıçali Paşa: A waterfront-oriented residential and hospitality market benefiting from Galataport, cultural facilities, and connections toward Karaköy and Kabataş. Renovated properties and selected premium residences appeal to investors seeking central accessibility and lifestyle-oriented housing.
Cihangir–Firuzağa: An established upscale residential and creative neighborhood known for historic buildings, independent cafés, galleries, and proximity to Taksim and the Bosphorus. It attracts professionals, international residents, and tenants seeking a distinctive central Istanbul lifestyle.
Taksim–Şehit Muhtar: One of Istanbul’s most recognized commercial, entertainment, and transportation centers. Its residential market benefits from hotels, offices, international tourism, retail activity, and access to the M2 metro and other public transportation services.
Piyalepaşa–Dolapdere–Tarlabaşı: Important urban regeneration areas characterized by a combination of older residential buildings, redevelopment initiatives, and modern mixed-use projects. Their investment appeal centers on improved building quality, neighborhood revitalization, and potential long-term appreciation.
Hasköy–Sütlüce–Piripaşa: Golden Horn residential areas combining established neighborhoods, cultural attractions, waterfront potential, and redevelopment opportunities. These locations offer a different investment profile focused on neighborhood improvement and selective value opportunities.
Over the last five years, Beyoğlu’s development has increasingly focused on urban transformation, earthquake resilience, heritage conservation, renovation of aging buildings, and public-space improvements. Significant initiatives include regeneration programs in Okmeydanı–Fetihtepe, renewal activity around Piyalepaşa and Dolapdere, and the continued development of the Karaköy–Tophane waterfront following Galataport’s opening.
Transportation & Connectivity Beyoğlu is one of Istanbul’s best-connected central districts, combining metro, tram, funicular, ferry, bus, and pedestrian transportation networks. The M2 metro line serves Taksim, Şişhane, and Haliç, providing direct connections toward Şişli, Levent, Maslak, and Yenikapı. The T1 tram connects Karaköy and Tophane with Eminönü, Sultanahmet, and the historic peninsula, while the F1 Taksim–Kabataş funicular links the district’s upper commercial center with the Bosphorus waterfront in approximately 2.5 minutes. Additional connectivity is provided by the historic F2 Tünel, T2 İstiklal tram, connections to the T5 Golden Horn tram network, and ferry services from Karaköy and nearby waterfront terminals. This extensive transport infrastructure, together with strong walkability, supports residential demand, tourism activity, rental accessibility, and connections to Istanbul’s principal employment and commercial centers.
Schools & Education Beyoğlu offers an established network of public and private schools, international education facilities, universities, and specialized cultural institutions serving local and international communities. The district is home to notable educational institutions such as Galatasaray High School, Saint Benoît French High School, and the Beyoğlu campus facilities of Mimar Sinan Fine Arts University. It also provides access to higher education and international schools in neighboring Şişli, Beşiktaş, and central Istanbul. Its concentration of educational institutions, creative industries, and cultural facilities supports demand from students, academics, professionals, and families seeking central urban living.
Hospitals & Healthcare Beyoğlu provides access to public hospitals, private healthcare facilities, specialist clinics, and medical centers serving its residential and working population. Important healthcare institutions include Taksim Training and Research Hospital and Beyoğlu Eye Training and Research Hospital, alongside family health centers and private clinics throughout the district. Its central position also provides convenient access to major medical institutions in neighboring Şişli, Beşiktaş, and Fatih, strengthening healthcare accessibility for residents and international visitors.
Shopping & Lifestyle Beyoğlu is one of Istanbul’s leading shopping, entertainment, tourism, and cultural destinations, featuring İstiklal Avenue, Galataport, historic commercial streets, restaurants, luxury boutiques, museums, galleries, and internationally recognized landmarks. Galataport is a major waterfront development combining cruise facilities, luxury retail, gastronomy, cultural attractions, and public access to the Bosphorus. Its presence has strengthened the Karaköy–Tophane corridor as an international tourism and lifestyle destination. Other major attractions include Galata Tower, Pera Museum, İstanbul Modern, Salt Galata, and the historic streets of Cihangir and Karaköy. Taksim and İstiklal Avenue remain among Istanbul’s most active shopping and entertainment areas. Beyoğlu’s concentration of tourism, culture, hospitality, nightlife, and employment generates substantial daily activity beyond its registered residential population, supporting a diverse market for long-term accommodation, furnished residences, hotels, and commercial property.
Market Insight
From an investment standpoint, Beyoğlu can be positioned as a mature, globally recognized, and structurally supply-constrained central Istanbul market with substantial heritage value and urban regeneration potential. Its value proposition is built around location, international destination recognition, architectural character, transportation accessibility, and multiple sources of residential and visitor demand. Unlike expansion-oriented districts, Beyoğlu has limited opportunities for new development because of its dense urban environment, protected buildings, conservation restrictions, and complex ownership structures. Different micro-markets serve different investment strategies: Galata–Karaköy for heritage prestige and international demand; Tophane for waterfront lifestyle and Galataport proximity; Cihangir for upscale residential living and professional tenants; Taksim for central connectivity and hospitality-related demand; Piyalepaşa–Dolapdere for modern developments and regeneration; and Hasköy–Sütlüce–Piripaşa for Golden Horn redevelopment and selective value opportunities. The district's approximately 215,991 registered residents in 2025 represent only part of its economic demand. Tourism, employment, universities, hospitality, retail, and cultural activities bring significant additional daily visitors. Investment performance varies considerably between streets and buildings. Structural condition, heritage restrictions, renovation quality, legal rental use, accessibility, and maintenance expenses are particularly important when evaluating Beyoğlu properties.
PAST | Strong Capital Appreciation: Beyoğlu has demonstrated substantial historical residential price growth in nominal Turkish lira terms. The historical listing-platform series referenced in the October 2026 report recorded approximately 42.1% year-on-year residential sale-price growth and 54.7% rental growth. Performance differed considerably between neighborhoods, with reported price increases of approximately 52.8% in Hacımimi, 81.2% in Şehit Muhtar, 33.9% in Piripaşa, and 23.1% in Cihangir, while Şahkulu recorded a 4.1% decline. Over the longer term, the historical residential benchmark increased from approximately TRY 6,153/m² in August 2021 to a revised October 2026 internal pricing range of TRY 300,000–375,000/m². This represents an implied nominal comparison of approximately 4,776%–5,995%. However, these figures combine historical external benchmarks with revised internal pricing assumptions. They demonstrate the scale of nominal repricing but do not represent a continuous property-price index, inflation-adjusted appreciation, or verified USD investment returns.
CURRENT | Premium Market & Rental Returns: As of October 2026, the supplied academy model places Beyoğlu residential prices at approximately $6,000–7,500/m², with a representative 90 m² property valued between $540,000 and $675,000, using an exchange-rate assumption of TRY 50 per USD. Monthly rental assumptions range from approximately $1,500 to $3,500 (TRY 75,000–175,000), with selected premium properties potentially reaching $4,500 per month. For a representative property priced at the midpoint of the internal range, the modeled gross rental yield is approximately 3.0%–6.9%, corresponding to an estimated gross amortization period of 14.5–33.8 years before costs. Residential pricing varies significantly between micro-markets. Hacımimi–Galata–Karaköy ranges from approximately $4,500–7,500/m²; Şehit Muhtar–Taksim from $4,500–8,000/m²; Tophane and Şahkulu from $3,500–5,500/m²; Cihangir from $3,000–4,500/m²; and Piripaşa from $3,500–9,500/m². The module also models short-stay accommodation rates of approximately $100–150 per night, reaching $350 for selected premium properties. These are internal assumptions rather than confirmed achievable revenues, and short-term rentals remain subject to applicable permits, building rules, and operating restrictions.
FUTURE | Positive Regeneration & Scarcity Outlook: Beyoğlu’s medium-term residential outlook is supported by international destination demand, limited comparable premium housing supply, ongoing urban regeneration, and continued investment in tourism and cultural infrastructure. Government-led transformation in Okmeydanı–Fetihtepe, redevelopment opportunities around Piyalepaşa and Dolapdere, and the long-term influence of Galataport may contribute to improved residential quality and greater attractiveness in selected locations. The supplied academy report models an illustrative 20%–25% potential uplift scenario for properties directly benefiting from improved accessibility, public spaces, destination investment, or urban regeneration. Under this scenario, the district’s reference range would increase from $6,000–7,500/m² to approximately $7,200–9,375/m², depending on the assumed uplift. This is an internal sensitivity scenario rather than a verified market forecast. Future appreciation depends on redevelopment execution, legal compliance, structural quality, conservation requirements, tourism conditions, supply constraints, and entry prices. Investment Insight: Beyoğlu combines international recognition, historic architecture, strong tourism and residential demand, extensive transportation connectivity, and limited central-city supply. Its investment potential is particularly attractive in structurally sound, legally compliant, and well-renovated properties within established premium locations or credible regeneration areas. These characteristics support Beyoğlu’s position as one of Istanbul’s distinctive heritage-led and internationally oriented residential investment markets, while requiring careful property-level assessment of pricing, liquidity, and rental viability.
Sources Institutional references for property-level verification: Endeksa — Residential market data Metro İstanbul — Metro, tram, and funicular infrastructure Galataport İstanbul — Waterfront development and facilities Beyoğlu Municipality — District planning, facilities, and urban regeneration Republic of Türkiye Ministry of Culture and Tourism — Tourism and cultural regulations
Market-data note: The current residential price bands, rental assumptions, and projected uplift scenarios originate from the internal academy model. Historical listing-platform growth figures are separate nominal TRY observations. They should not be presented as a continuous USD appreciation series or guaranteed investment returns.
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İstanbul, Türkiye
Price on request