Best Areas to Buy Property in Istanbul

Editor Istanbul

Sep 30 798 read

Best Areas to Buy Property in Istanbul

Aside from being Turkey's largest and most prestigious city, Istanbul is also the country's largest cultural and financial center. As a result, the city has piqued the interest of foreign property investors of all nationalities.

Istanbul has a wide range of fantastic real estate projects, including a wide range of fantastic residences, offices, houses, apartments, vacation homes, and luxury villas. Istanbul's real estate market is limitless. Foreign property buyers may benefit from extremely low real estate and living costs. The city is very busy, which means that investors can expect excellent rental returns. Real estate prices in the city have been rising year after year, making purchasing a property in Istanbul an excellent investment. The same is true for Turkish real estate.

Sun, sea, stunning views and beautiful scenery, friendly people, value for money, freehold properties, low cost of living, potential EU accession, and great investment opportunities are all available in Istanbul and its surroundings. Property prices in the region rise by 12.5 percent to 25 percent per year.

The Best Real Estate Districts in Istanbul

In Istanbul, the first thing you should think about is what to buy and where to buy it. Housing offices for sale in various regions have a wide range of prices. It's especially true of the European side's neighborhoods, which never lose sight of their ideals." New developments in Istanbul's various areas, as well as urban redevelopment initiatives, offer tremendous opportunities for the real estate industry. You'll find low-cost homes and offices in the remodeled buildings for sale that are suitable for any budget.

Consider the following factors when buying a home for living purposes: employment opportunities, social life and transportation services, living conditions (especially if you have children), health services, and housing advertising. The most expensive properties in Istanbul's central districts, such as Besiktas, Beyoglu, Sisli, Macka, Levent, Mecidiyekoy, Ortakoy, Bebek, and similar districts along the European and Asian coastlines of the Bosporus, as well as those in Istanbul's outskirts, such as Bahcesehir, Beylikduzu, Buyukcekmece, Kucukcekmece, and Esen

The most expensive properties are sold in Besiktas, Sariyer, Kadikoy, and Bakirkoy. Bebek, Taksim, Ulus, Fenerbahce, Caddebostan, Suadiye, and Atasehir have some of the most expensive homes for sale. Besiktas is the most expensive district in Istanbul, while Esenyurt is the least expensive.

Besiktas-Esenyurt

In terms of office rentals and houses for sale, Besiktas, Taksim, and Bakirkoy have the most content. Prices are higher than in other districts, and the inventory of real estate is at the luxury level. Esenyurt is one of the most popular places to buy real estate. Because of recent projects and newly established transportation options, the value of the properties has rapidly increased. Following that are Arnavutkoy (near New Istanbul Airport) and Beylikduzu, both of which offer excellent opportunities for property buyers.

Kadikoy

The Asian side of Istanbul is a prominent region, owing primarily to its urban transformation projects. Real estate prices in Asia have risen rapidly in recent years as a result of new projects and improved transportation.

For those looking to buy a business, residence, or store for sale on Istanbul's Asian side, as well as for investment purposes, Kadikoy, Cekmekoy, Umraniye, Sancaktepe, Pendik, Kartal, and Sultanbeyli are the best places to look. Because of its proximity to the European side and its status as a transportation hub, Kadikoy is one of the most popular districts for those looking to buy a business. It is also one of the most sought-after residential areas on the Asian side.