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Nef Reserve Kandilli
◍ Üsküdar, Istanbul
Twenty-nine low-rise buildings by Emre Arolat on a 155,257 m² wooded hillside in Kandilli, looking across the Bosphorus to the Fatih Sultan Mehmet bridge.
8 photographs1 artist’s impression
The project
A finished Bosphorus-view residence on a wooded Kandilli hillside, in a scheme of twenty-nine low-rise buildings rather than a tower.
Nef Reserve Kandilli is a ready-to-move residential project in Kandilli, in the Üsküdar district on the Asian side of Istanbul: twenty-nine low-rise buildings by the architect Emre Arolat, set into a wooded hillside of 155,257 m² above the Bosphorus, with interiors by Mustafa Toner. The outlook is the strait itself and the Fatih Sultan Mehmet bridge beyond it.
There is no tower here, and that is the first thing you feel. Twenty-nine separate low-rise buildings are spread down the slope instead of one or two tall ones on a corner of it, so you get a hillside with buildings in it rather than a block with landscaping around it. Nef's own brochure confirms the twenty-nine.
Handover is behind you here, not ahead of you. Nef's own construction schedule set the first phase for the end of October 2024 and the second for the first half of 2025. You see the residence, the hillside and the view before you decide anything.
What you see inside is photography of delivered residences, not a visualisation. Nef's own shoot walks you through the entrance hall, the corridor, the living rooms and the bedrooms before you book a flight.
The Bosphorus is the view and the pier is five minutes away. Kandilli sits on the Asian shore of the strait inside Üsküdar, and the project stands on the wooded hillside above the water rather than on the shore itself, looking across to the Fatih Sultan Mehmet bridge. Nef's Turkish brochure gives five minutes to Kandilli pier.
Both bridges and both airports are an easy drive out. Fourteen minutes to the 15 Temmuz Şehitler bridge and fifteen to the Fatih Sultan Mehmet, thirty-five to Sabiha Gökçen airport and forty-five to Istanbul airport. Nef's own location map names all four.
What you are buying
How Nef Reserve Kandilli is laid out, how it is built, and what living there includes.
Developer & architecture
The building in numbers
Layouts run from 2+1 to 5+1, which covers a couple and a large family inside the same scheme. That range is Nef's own, published on its project page for Kandilli.
Our own floor-plan drawings go finer than that: 2.5+1, 3+1, 3.5+1, 4+1 and 5+1, across 157 to 413 m². That is a genuine spread rather than a rounding, so a compact 2.5+1 and a 413 m² family residence are both real choices on the same hillside.
The scale stays domestic: 407 residences across twenty-nine buildings on a wooded slope. Inside a delivered residence you get travertine underfoot, oak-panelled walls, fluted timber and full-height glazing onto the trees and the water.
Two swimming pools, a fitness centre and a Zen garden come with the address. Nef's own Turkish brochure adds outdoor fireplaces, a home cinema, a music studio and a café to that list.
Kandilli is the quiet end of the Bosphorus, and the project sits above it rather than on the road beside it. The pier is five minutes away, so the water is part of the week rather than an outing.
Wellness
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Retail & services
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Nef states on its own project page that Nef Reserve Kandilli is eligible for Turkish citizenship, and that comes from the developer's own channel. Eligibility is settled residence by residence: on the appraised value of the residence you choose, against the statutory minimum in force on the day of purchase, with the Tapu (title deed) carrying the three-year commitment.
The deed is checked before anything moves. We read the Tapu at the Land Registry against the exact residence you have chosen, so the ownership position is clear before you sign.
Sizes and prices differ from building to building and from floor to floor here, because the outlook does. A 2.5+1 low on the slope and a 413 m² residence high on it are two different propositions on the same hillside.
Nef Reserve Kandilli is in Kandilli, on the Asian shore of the Bosphorus in the Üsküdar district of Istanbul, Türkiye. It stands on the wooded hillside above the water rather than on the shore itself, looking across the strait to the Fatih Sultan Mehmet bridge. Nef's Turkish brochure gives five minutes to Kandilli pier.
Yes. Nef's own construction schedule set the first phase of handovers for the end of October 2024 and the second for the first half of 2025, and the residences are ready to move. The interiors you see on this page are photographs of delivered ones, taken inside the buildings.
The architect is Emre Arolat and the interiors are by Mustafa Toner. The scheme's defining decision is that it does not build a tower: twenty-nine separate low-rise buildings are spread across a 155,257 m² hillside site instead.
Nef publishes the range for Kandilli as 2+1 to 5+1 on its own project page. Our own floor-plan drawings go finer than that: 2.5+1, 3+1, 3.5+1, 4+1 and 5+1, across 157 to 413 m². That spread is a real choice, because a compact 2.5+1 and a 413 m² family residence sit in the same scheme on the same hillside.
Twenty-nine buildings, confirmed by Nef's own brochure, holding 407 residences across a 155,257 m² wooded hillside. Spreading them that way is what keeps the scheme low: there is no tower anywhere on the site, so the buildings sit among the trees rather than above them.
From Nef's own Turkish brochure: indoor and outdoor swimming pools, a fitness centre, a Zen garden, outdoor fireplaces, a home cinema, a music studio and a café. They sit inside the scheme on the hillside, so you walk to them from your own building rather than driving.
Nef states on its own project page that Nef Reserve Kandilli is eligible. Eligibility is settled residence by residence: on the appraised value of the residence you choose, against the statutory minimum in force on the day of purchase, with the Tapu (title deed) carrying the three-year commitment. We settle it in writing for one residence at one price before you commit to anything.
Prices at Nef Reserve Kandilli are quoted against a specific residence: its building, its floor and its outlook across the Bosphorus all change the figure. Tell us the layout you want and we will come back to you today with what is available and the price in writing.
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Matched on what they have in common with this project, not on price alone.
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 Nef Reserve Kandilli.
Open a check when you need it. Every result starts with this Project's own recorded offers and price list, kept separate from your scenarios.
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| 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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