TOR Finance City – Ümraniye, Istanbul
A mixed-use scheme of two blocks (A and B) in Ümraniye, announced 1 km from the Istanbul Finance Center (IFC). According to the brochure it has 282 units: 242 residences, 24 offices and 16 retail units, on a 4,110 m² plot.
The 1+1 apartment of 41 to 42 m² net
The master plans show 1+1 apartments of this size on floors 1 to 13 of both blocks; type D does not exist on floors 10 to 13, nor type E on floor 13. Five plan types exist (A, C, D, E and E1): 40.63 to 42.23 m² net, balcony included, i.e. 100.43 to 100.69 m² gross according to the developer, with one bedroom and one bathroom. Choose the floor and the net area: the plan of that type is displayed.
- Net area: 40.63 to 42.23 m² depending on the plan type; gross area announced by the developer: 100 m²
- One bedroom, one bathroom and a balcony of 1.47 to 2.70 m²
- Floors 1 to 13, blocks A and B
Note: the developer’s gross area is not the living area. For plan type A it adds 50.06 m² gross for the apartment, 12.43 m² of floor common areas, 32.64 m² of parking and shelter space and 5.30 m² of shared facilities (table on the plans).
The development
- Swimming pool, Turkish bath, sauna and gym
- 24-hour security
- Istanbul Finance Center 1 km away; the offers mention the M5 and M12 metro lines nearby
Price and terms
Cash offer: from $229,000 for the 1+1 of 100 m² gross (41 to 42 m² net). An offer with a $135,000 down payment and a 12-month payment plan is also published. These are starting prices, not a price per floor: the price of the chosen unit is confirmed at reservation.
Announced delivery: September 2027; title deed to be confirmed. Interior pictures illustrate the project; the views were taken from the building site at the floors shown.