Istanbul Homes For Sale: Inside the Tersane Istanbul Waterfront District
Compare four buildings at Tersane Istanbul on the Golden Horn, from $992,400 to $2,065,200, including which offer rental guarantees and which do not.
Key takeaways
| Price range | $992,400 (most affordable building) to $2,065,200 (waterfront, no guarantee) |
|---|---|
| Guaranteed rental income | Two of four buildings offer a fixed 7% program |
| Earliest completion | March 2026 — one building is nearly ready now |
| Elsewhere on the Bosphorus | A fifth, unrelated project in Tarabya publishes its full unit-by-unit price list |
Four buildings, one waterfront district
Tersane Istanbul, on the Golden Horn, has five residential buildings in total — four of them verified in our catalog. Same district, same waterfront, four different price points and structures.
| Building | From | Completion | Rental guarantee |
|---|---|---|---|
| Tersane Apartments | $992,400 | March 2026 | None |
| Rixos Tersane Istanbul Residences | $1,118,000 | — | Block R3: 7% fixed, 5+5 years |
| Aliée Istanbul Residences | $1,393,200 | June 2028 | Aliée Lofts only: 7% fixed |
| Yalı Apartments | $2,065,200 | — | None |
The cheapest way in, and the most expensive
Tersane Apartments is explicitly positioned by the developer as the most affordable of the district's five residential buildings — 195 units, 1+1 to 4+1 layouts, from $992,400, and completing as early as March 2026, meaning less time between purchase and a finished, occupiable building than any other option here. At the other end, Yalı Apartments starts at $2,065,200 for 69 waterfront units — the most expensive entry point in the district, and notably sold without any rental guarantee attached. You're paying for the waterfront position itself, not a structured income promise.
Only two buildings actually guarantee rental income — and one of those is a technicality
This is the detail worth reading closely before assuming every Tersane Istanbul unit comes with a yield promise. Rixos Tersane Istanbul Residences offers a fixed 7% annual return for 5 years (extendable another 5) with quarterly USD payouts — but specifically for Block R3, not the whole building. Aliée Istanbul Residences is similar: the main 122-unit waterfront building (from $1,393,200) carries no stated guarantee, but a separate, smaller building on the same site — Aliée Lofts — has its own fixed 7% USD rental program. In both cases, "the project has a guarantee" and "your specific unit has a guarantee" are two different questions, and the answer depends on which block or building you're actually buying into.
If Tersane isn't the district you're after
Not every Istanbul waterfront project is in Tersane. JW Marriott Residences Tarabya Istanbul, further up the Bosphorus, is a separate mixed residential, office, and commercial development — and one of the few projects in our entire catalog to publish a full unit-by-unit 2026 price list rather than a single teaser figure, ranging from $379,900 for a compact 1+0 home office up to $3,966,462 for a 4+1.
Frequently asked questions
What's the difference between Aliée Residences and Aliée Lofts?
They're two separate buildings on the same Tersane Istanbul site, sold under the same brand but with different economics. Aliée Residences (122 waterfront apartments, from $1,393,200) carries no stated rental guarantee. Aliée Lofts is a separate, smaller building with its own fixed 7% annual USD rental program — check which building a specific unit belongs to before assuming the guarantee applies.
Which Tersane Istanbul building is closest to completion?
Tersane Apartments has the earliest stated completion date in our catalog — March 2026 — meaning it's furthest along in construction of the four buildings we've verified.
Does every unit in Rixos Tersane Istanbul Residences get the 7% guarantee?
No — the fixed 7% annual return (5 years, extendable to 5+5, with quarterly USD payouts) is specific to Block R3. Confirm which block your unit is in before relying on that figure.