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BEŞIKTAŞ · ASTAŞ REAL ESTATE

Kempinski Residences

Kempinski-managed residences in a 30,000 m² private valley, minutes from Zorlu Center

Bedrooms
4
Bathrooms
3
Area
260 m²
Type
Apartment
Delivery
Delivered
View
Bosphorus

Why this property

🏞️
30,000 m² lush valley (preserved as private park)
🌊
Bosphorus views
🛎️
Dedicated residence concierge
🏋️
State-of-the-art fitness center
🏊
Outdoor swimming pool

About this residence

Kempinski Residences Balmumcu, Istanbul occupies a 30,000 m² site in a lush green valley in Beşiktaş's affluent Balmumcu neighborhood. Most of the grounds are preserved as private park, providing a rare retreat within Istanbul's business hub.

The development comprises 155 residences across five modern buildings and 11 exclusive villas. Unit sizes range from 194 m² to 1,340 m², including Duplex Roof Penthouses with panoramic balconies and Garden Duplex residences with private pools.

First residences were handed over to owners in early 2024. Managed by Kempinski — Europe's oldest luxury hotel group (est. 1897) — the project joins Astaş's portfolio of three other Kempinski-branded residences in Istanbul (Astoria, Bellevue, Maçka) and complements the legendary Çırağan Palace Kempinski.

Interiors feature oak parquet floors, matte bronze accents, and luxurious marble bathrooms with bathtubs.

Available configurations

Layout
2+1
Size
220 m²
From
$3,800,000

Amenities

🏞️
30,000 m² lush valley (preserved as private park)
🌊
Bosphorus views
🛎️
Dedicated residence concierge
🏋️
State-of-the-art fitness center
🏊
Outdoor swimming pool
🅿️
Valet parking
🛡️
24/7 security
🧖
Spa & wellness
🏠
Private pools (Garden Duplex units)
🎯
Kempinski Discovery Loyalty (800+ hotels worldwide)
🧺
Housekeeping services
🍽️
Resident's lounge

Location

Beşiktaş, Istanbul
🛍️Shopping0.8 km🚇Metro0.7 km✈️Airport40 min🏥Hospital2 km🌊Bosphorus5 min🏙️City center10 min🏢CBD3 min

About the developer

AR

Astaş Real Estate (Astaş Holding)

10+ projects delivered

Astaş Holding is a leading Turkish luxury real estate developer specializing in branded residences. Partner to Kempinski (four Istanbul projects) and Mandarin Oriental (Bodrum, upcoming Kuruçeşme). Known for combining prime locations with world-class hospitality management.

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Investment overview

Rental yield
5%
p.a.
Appreciation
40%
5-year
Citizenship
Eligible
Min $400,000
Turkish Citizenship Eligible · Min $400,000

Balmumcu benefits from proximity to Istanbul's CBD (Levent, Maslak) while offering a park-like residential environment — a combination that supports premium rental demand from corporate executives and expat professionals.

Frequently asked questions

Is the project delivered?
Yes. First residences were handed over to owners in early 2024.
What makes this different from other Kempinski Istanbul projects?
Balmumcu offers the rare combination of a private 30,000 m² park setting within central Istanbul, while Astoria, Bellevue, and Maçka are more urban integrated properties.
Can I use Kempinski services as an owner?
Yes. Residents enjoy dedicated residential concierge, and Kempinski Discovery Loyalty Program benefits across 800+ hotels globally.
Is the project eligible for Turkish Citizenship by Investment?
Yes. Starting prices exceed the $400,000 threshold.
From$3,800,000
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