Başakşehir · Istanbul, European side

Shop for Rent or Sale in Olimpa Mall

We have 2 listings in this mall — on the supermarket level, with direct access from the car park.

See Current Listings ↓ Message on WhatsApp

Do you own a shop here? We will tell you what it is worth →

Our units here are among the largest in the building. Our commercial work in Başakşehir centres on İSTOÇ and Olimpa Mall, so we know how a mall unit is priced and who rents it from viewings, not from listing portals.

What you should know about Olimpa Mall

Olimpa Mall has traded since 2010 on Şair Erdem Beyazıt Caddesi in Başakşehir Mahallesi, a planned district on Istanbul's European side. It is a neighbourhood mall: close to seventy stores, a supermarket level, food and service units, covered and open parking. Unlike the region's destination malls, its customers are not tourists or day visitors but the families living in the surrounding housing phases. The same people come every day of the week for groceries and daily needs. For a shop inside a mall that is the most valuable customer there is: regular, repeat and close by.

Transport is simple: the M3 metro's Başakşehir station is within walking distance, and the district's main boulevards and the TEM motorway are minutes away by car. But inside a mall a large share of the traffic arrives through the car park. That is why units with direct access from the parking level and units deeper in the corridors do not command the same rent.

Başakşehir is a family district on the residential side, and the opening of the Çam ve Sakura City Hospital added a permanent working population. That demand makes a supermarket-level unit attractive to food, health and everyday-service tenants.

Do you own a shop in Olimpa Mall?

Letting a mall unit is not like letting a flat: a tenant from the wrong sector pulls the rent down and costs you time at eviction. We screen candidates on sector and payment capacity and secure the paperwork from the start, including the vacate undertaking (tahliye taahhütnamesi), the tenant's written promise to leave at the end of the term. We handle the free valuation, boosted listings on our sahibinden.com store and tenant pre-screening. On a letting the tenant pays our fee, and on a sale you pay only when it completes. Many of our owner clients live abroad, and the whole process, including the listing authorisation via e-Devlet, runs remotely.

Rent and sale price in Olimpa Mall, side by side

The figures below are not a market estimate: they are the asking monthly rent and the asking sale price on the unit we are actively marketing in this mall right now. When a listing comes down, so does this section. What you see is what is genuinely being asked today.

Current rent and sale price of the shop in our Olimpa Mall portfolio
Listing	Net m²	Floor	Price	Per m²
Shop to rent	142 m²	Level -1	₺149,000 / month	₺1,049 / month
Shop for sale	142 m²	Level -1	₺14,000,000	₺98,592

Gross rent multiplier: 7.8 years

Divide the asking sale price (₺14,000,000) by the asking annual rent (₺1,788,000) for the same type of unit and you get 7.8. The rent covers the price in roughly that many years, a gross yield of about 12.8% a year. There are two caveats. The rental listing includes the service charge in the rent, so the true net yield is somewhat lower. Commercial rent is also taxed differently from residential rent in Turkey; see our guide to rental income tax for landlords. Try your own numbers in the rental yield calculator.

How a shop inside a mall is priced

On a street the frontage and the signage do the talking; inside a mall the order is different. This is the order we see from the unit we market here. First, floor and traffic: the supermarket level, the crossing points of foot traffic. Then car-park access: units entered directly from the parking level are a league of their own. Then net area and flexibility: a six-room partition that can be opened into one space serves two different sectors. Last, the service-charge arrangement: included in the rent or billed separately. Tenants ask about the first three at the viewing and about the fourth in the contract.

On the buying side, condominium title and mortgage eligibility are the first two filters. The transfer tax and other purchase costs are set out in our buying guide, and why the declared price must be the real one in our guide to the title-deed declared price penalty.

Own a unit in this mall? The table above already shows roughly which band it falls into. Send us the floor, net area and car-park access and we will give you a realistic range. Free valuation, no commitment. The whole process runs remotely if you live abroad.

From Our Portfolio

Our current listings in Olimpa Mall

Prices are current; a listing comes down as soon as the unit is let or sold. Message us on WhatsApp to arrange a same-day viewing.

Başakşehir, Başakşehir

142 m² Shop for Rent in Olimpa Mall, Service Charge Included

142 m²Level -1

₺149,000/mo View Details →

Başakşehir, Başakşehir

Large 142 m² Shop for Sale in Olimpa Mall

142 m²Level -1

₺14,000,000 View Details →

What is your unit worth?

Send us the floor, net area and whether it has car-park access. We reply the same day with a first range, and a written market appraisal follows within one business day. It is our own appraisal; a bank or a court would need a report from a valuer licensed by the SPK, Turkey's Capital Markets Board. No commitment.

Frequently Asked

Questions about Olimpa Mall

What do tenants ask about a shop inside a mall?

Three things: is the service charge included in the rent, is there a rent-free fit-out period, and can the space be reconfigured. For the unit we are marketing all three answers are in the listing — charges included, first month rent-free, and the six-room partition can be opened up into one space. Settling those three points in the advert shortens the negotiation at the viewing.

Is the shop suitable to buy, and is it mortgageable?

The unit for sale carries full condominium title (kat mülkiyeti) and is mortgage-eligible; it is delivered empty, so it can be used or let immediately. If you are looking at it as an investment, see the gross multiplier section on the page, where we put the asking rent and the asking price side by side. It shows how many years of rent cover the price. Title-deed fees and the other purchase costs are covered in our buying guide.

All questions from owners abroad →

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