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Hayat Flora
◍ Küçükçekmece, Istanbul
A 21-block neighbourhood rising on 92,440 m² in Küçükçekmece, 500 metres from Marmaray and the M11 airport metro, with 70% of the site given to landscape and handover planned for February 2029.
8 artist’s impressions
The project
Five hundred metres from Marmaray and the M11 line to Istanbul Airport, in a neighbourhood where 70% of the ground is landscape rather than building.
Hayat Flora is a new neighbourhood of 21 blocks going up in Küçükçekmece, on the European side of Istanbul, built by Özak GYO on land belonging to Emlak Konut GYO, with handover planned for February 2029.
Seventy per cent of the 92,440 m² site is landscape rather than building. That is three separate planted areas with walking paths running between the blocks, so what your windows look onto is garden rather than the next block's balconies.
The railway is the other half of it. Marmaray Halkalı station is 500 metres away and the same interchange is the western terminus of the M11 metro to Istanbul Airport, which puts the Asian side and the airport on a single ride from your door.
The Sea of Marmara lies south and Küçükçekmece Lake east, and the apartments are sold on views of both. Forty-six shops face three public avenues at the edges of the site, which is what makes this a neighbourhood rather than a gated compound.
You are 500 metres from the fastest rail connection on this side of the city. Marmaray Halkalı is the western terminus of the cross-Bosphorus commuter line, so Gebze, Pendik, Bostancı, Söğütlüçeşme, Ayrılık Çeşmesi and Üsküdar are all reachable without changing trains.
The airport is on the same interchange. The M11 metro line to Istanbul Airport shares that station 500 metres from the site, and by car the E-5 and TEM motorways are ten minutes off on Özak GYO's own figures.
Green space is closer than any of it. Atatürk Park is 600 metres away, Halkalı National Garden 1.4 km, Canary Park and the Halkalı Çamlık picnic grounds 3 km, and Florya Atatürk Forest 7.6 km.
For the shore and the shopping, Florya is ten minutes and Ataköy nineteen. Özak GYO's catalogue puts Armoni Park at 4.5 km, Arena Park at 5.8 km, 212 Outlet at 7.4 km, Aqua Florya at 9.4 km and Mall of İstanbul at 12 km.
What you are buying
How Hayat Flora is laid out, how it is built, and what living there includes.
Developer & architecture
The building in numbers
There is a layout here for a first apartment and one for a family that needs a garden. Hayat Flora runs 1+1, 2+1, 3+1 and 4+1 with duplexes above that, and apartments at ground level take a private garden while those higher up take terraces.
Sizes on Özak GYO's June 2026 price list run from 66 m² for a 1+1 to 364.07 m² for a 4+1 duplex. Every block rises Z+13, a ground floor and thirteen storeys above it, spread across three parcels rather than massed into one wall of towers.
Sales run in phases, so the earlier you look the more of the building is still open. The first phase of 409 apartments was released in February 2025 and a second has followed.
Each of the three parcels has its own social facility, so the pool and the gym are not a walk across the whole development. Between them they hold an outdoor swimming pool, a fitness centre, a sauna, children's play areas and cafés, with seating set into the landscape around them.
The landscape is what Özak GYO leads with, and 70% of 92,440 m² is a lot of it. Three separate designed areas with walking paths between the blocks mean children can cycle and play across the grounds without leaving them.
Forty-six street-level stores line three public avenues for the daily shopping, the coffee and the restaurants. Below ground there is parking for 2,318 vehicles, and the grounds have a controlled entry and exit system.
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You are buying into a project a state-affiliated trust has a stake in. Emlak Konut GYO owns the land and takes 30% of the revenue; Özak GYO, one of Türkiye's largest listed real-estate investment trusts, builds and sells and takes 70%, under a revenue-sharing contract signed in December 2022.
The price is settled and the terms are written down. On Özak GYO's list of June 2026, apartments run from $264,000 for a 1+1 of 66 m² to $1,050,000 for a 4+1 duplex of 364.07 m², VAT included. Payment is 50% on signature with the balance over 24 monthly instalments, and the list is updated as phases are released.
Independent inspection sits over the build. Building inspection is carried out by Target İstanbul Yapı Denetim A.Ş., and Emlak Konut GYO's own project directorate signs off the work as the landowning party.
Buying before completion means the Tapu (title deed) transfers when the building is finished, in the normal way for a project sold off-plan. Turkish citizenship by investment turns on what you pay for a qualifying property and on holding it for three years, and we check that position against a named apartment before anything is signed.
Hayat Flora is in the Küçükçekmece district on the European side of Istanbul, Türkiye, between the Sea of Marmara and Küçükçekmece Lake. Marmaray Halkalı station is 500 metres away, and the same interchange carries the M11 metro line to Istanbul Airport. Atatürk Park is 600 metres from the site and Halkalı National Garden 1.4 km.
Özak GYO gives February 2029 as the planned handover date for Hayat Flora. Construction began in July 2024, and the developer reported the first phase 17.17% complete at 31 December 2025. Buying at this stage means choosing from the early phases, with the floor and the aspect still open.
Özak GYO publishes over 1,380 residences at Hayat Flora, together with 46 street-level stores across 21 blocks. The project is released in phases, and the first phase of 409 apartments went on sale in February 2025.
Hayat Flora has 1+1, 2+1, 3+1 and 4+1 apartments, plus duplexes and apartments that take a private garden at ground level or a terrace above. On Özak GYO's June 2026 price list the sizes run from 66 m² for a 1+1 up to 364.07 m² for a 4+1 duplex.
Hayat Flora is developed by Özak GYO, one of Türkiye's largest listed real-estate investment trusts, on land belonging to Emlak Konut GYO. The two signed an Arsa Satışı Karşılığı Gelir Paylaşımı (revenue sharing in return for land sale) contract in December 2022, under which Özak GYO takes 70% of the project's revenue and Emlak Konut GYO 30%. Building inspection is carried out by Target İstanbul Yapı Denetim A.Ş.
Seventy per cent of Hayat Flora's 92,440 m² site is landscape rather than building, laid out as three separate planted areas with walking paths between the blocks, so children can cycle and play across the grounds without leaving them. Each of the three parcels has its own social facility, with an outdoor swimming pool, a fitness centre, a sauna, children's play areas and cafés. Ground-floor apartments take private gardens and the ones above take terraces.
Marmaray Halkalı station is 500 metres from Hayat Flora, and the M11 metro line from Halkalı to Istanbul Airport shares the same interchange and has run along its full length since June 2026. Marmaray reaches Halkalı directly from Gebze, Pendik, Bostancı, Söğütlüçeşme, Ayrılık Çeşmesi and Üsküdar without a change. By car, Özak GYO's catalogue puts the E-5 and TEM motorways ten minutes away, Florya ten minutes, Ataköy nineteen and Üsküdar thirty-five.
On Özak GYO's price list of June 2026, apartments at Hayat Flora run from $264,000 for a 1+1 of 66 m² to $1,050,000 for a 4+1 duplex of 364.07 m², VAT included, with 50% on signature and the balance over 24 monthly instalments. Availability moves as each phase is released, so tell us the layout and the floor you want and we will come back with what is open now and the price in writing.
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A project is only as good as the district around it and the process behind it. Three things are worth reading before you commit to Hayat Flora.
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Approximate fees in lira
approx.TRY 21,000
Includes the fixed TKGM foreign-party addition for one Residence. Excludes the local-coefficient service fee and every conditional row.
Approximate calculation in dollars
approx.$269,000
Includes the price and the buyer's 2% legal Tapu Harcı share. Excludes the seller's share and conditional KDV.
| Field | Published rate or amount | When it applies | What to check |
|---|---|---|---|
| Tapu Harcı: seller's legal share | 2% | Charged separately to the transferor under the cited tariff ruling. This is not automatically a buyer cost. | Source checkedView source details |
| Tapu Harcı: buyer's legal share | 2% | The cited GİB guidance charges the buyer 2% on the declared transfer value, subject to the statutory minimum base. The estimate includes the buyer's legal share only. Confirm the contract allocation before signing. | Source checkedView source details |
| KDV on a taxable residence delivery | 10% / 20% / 150 m² | 10% for the first 150 m² and 20% for the excess under the cited decisions. Confirm first-delivery status, taxable seller, area basis and price inclusion. | Source checkedView source details |
| KDV for a qualifying Law 6306 transformation residence | 1% / 20% / 150 m² | 1% for the first 150 m² and 20% for the excess. Only a qualifying reserve, risk-area or risky-building transaction uses this row. | Source checkedView source details |
| Foreign-buyer KDV exemption | 0% | First delivery to a qualifying non-resident foreign buyer with the required FX evidence. The three-year disposal restriction and every exemption condition must hold. | Source checkedView source details |
| Stamp duty on a taxable written contract | 9.48‰ / TRY 29,115,961.10 / 2026 | Applies only when a money-bearing taxable paper is signed. It does not attach to every Tapu transfer. | Source checkedView source details |
| General notary fee | 30% / TRY 58.82 | For notarial documents when the service is used. The document type and harç determine the final charge. | Source checkedView source details |
| Notary real-estate sale contract fee | 0.1% / TRY 500 / TRY 4,000 | For a sale contract made before a notary instead of the ordinary Tapu route. Do not add it to a standard transfer automatically. | Source checkedView source details |
| Notary translation fee | TRY 667.67 / 50% / 10 | For a translation done or commissioned by the notary. The page and line count determine the charge. | Source checkedView source details |
| SPK and TDUB licensed appraisal minimum | TRY 16,500 / TRY 17,622 / TRY 20,217 / TRY 176 GBM / TRY 125 TDUB | The residence tiers are 1 to 149 m², 150 to 250 m² and 251 to 500 m². The actual quote may be higher and KDV or other costs may be added. | Source checkedView source details |
| TKGM revolving-fund service fee | TRY 2,227 × local coefficient / TRY 307 × local coefficient / TRY 20,868 | The 2026 tariff uses a local coefficient for the service fee and adds TRY 20,868 when a foreign national is party to the transfer. The estimate includes only the fixed foreign-party addition for one Residence. Confirm the coefficiented service fee separately. | Source checkedView source details |
| DASK compulsory earthquake insurance | 0.73‰ / 2.82‰ / 1.09‰ / 4.96‰ | The tariff depends on risk group, construction type and insured building area. The insured-value basis updates, so check the policy date. | Source checkedView source details |
| Annual Emlak Vergisi for a residence | 0.2% / 0.1% | Applied to the municipal property-tax value. The metropolitan classification changes the rate. | Source checkedView source details |
| Residential electricity subscription | TRY 263/kW / TRY 140 | Deposit depends on contracted kW; connection charges are separate. The actual contract load decides the deposit. | Source checkedView source details |
| Residential natural-gas subscription | TRY 8,066 + KDV / 200 m² | Connection and deposit depend on area, installed devices and distributor rules. KDV and document charges may be separate. | Source checkedView source details |
| İstanbul water subscription sample | TRY 1,690.50 | İSKİ only. Water charges are municipal, not national. Do not apply this figure outside İstanbul. | Source checkedView source details |
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Delivery February 2029
Confirm the contractual delivery position and any timing that affects handover.