Real estate in Istanbul
Real Estate in İstanbul
If you are looking for property for sale in Istanbul or apartments for sale in Istanbul at local prices, then you are in the right place. We are happy to provide you with all the guidance and advice you will need to find real estate in Turkey, and we have a vast portfolio of excellent apartments for sale in Istanbul. Whether you are looking for luxurious living in advantageous areas of the city or a simple apartment in one of Istanbul’s beautiful natural areas, our offices are ready to help you find the perfect real estate in Turkey. As a major stakeholder in Istanbul's local real estate market, we pride ourselves on having the lowest possible prices, best locations, and best overall terms.
What are The Types of Properties You Can Buy in İstanbul?
In Istanbul, a city renowned for its rich cultural tapestry and dynamic real estate market, a diverse array of property types awaits prospective buyers. From garden apartments offering serene green spaces amidst the bustling cityscape to commercial properties ideal for entrepreneurial ventures, the options are vast. Real estate in Istanbul falls into three separate categories:
1. Luxury Residences: These well-managed residences are usually built in high-rise towers that also contain shopping facilities, restaurants, and other amenities under a single roof. They tend to be the most expensive properties in Istanbul and are located in prime commercial locations such as Sisli, Levent, and Mecidiyekoy.
2. Turkish-style Apartments: These older apartment blocks typically feature minimal on-site amenities, but are located in some of the city's best and most valued spots. Depending upon the location and apartment quality, these properties can also be quite expensive. Compared to newer construction and luxury tower apartments, Turkish-style apartments are pretty basic, but for the investor who is seeking a beautiful home with amazing views, these blocks of apartments in Bebek, Nisantasi, and even Sisli are unique and wonderful locations.
3. Shanty Houses: These homes can be found in all city corners, from the outskirts to some of the most prestigious neighborhoods. These are usually illegally constructed buildings on hilltops and along side streets in Istanbul, and as a result are in fairly poor condition, and most don’t even have a title deed. However, since 2005, the Turkish government has been targeting these sorts of properties in an initiative called “Urban Transformation,” wherein larger developers in the city are encouraged to redevelop these shanty houses and their parcels into modern, luxurious residences. These projects are transforming areas all over the city, including Bomanti, Beyoglu, and Karakoy, and have been very successful in improving property values in these areas.
Whatever your preference or investment goal, Istanbul offers a wealth of property types to cater to every lifestyle and aspiration.
How Much Does The Property for Sale in İstanbul Cost?
As of 2024, property prices in Istanbul vary widely based on location, amenities, and property type. In upscale districts like Beşiktaş and Sarıyer, prices for properties typically range from €400,000 to over €2 million. In more affordable areas such as Esenyurt or Beylikdüzü, prices can start from €100,000, making Istanbul a diverse real estate market with options for different budgets and investment goals.
What are The Prices Per Square Meter in İstanbul?
In 2024, prices per square meter in Istanbul reflect the city's varied real estate landscape. Luxury neighborhoods like Nişantaşı and Bebek can reach up to €8,000 per square meter, while more budget-friendly areas such as Esenyurt or Sancaktepe offer prices between €1,500 and €3,000 per square meter. Mid-range areas, including Ataşehir and Ümraniye, typically range from €3,500 to €5,000 per square meter.
What are The Advantages of Buying Property in İstanbul?
Buying property in Istanbul offers a myriad of advantages, making it an enticing investment opportunity. With its strategic location bridging Europe and Asia, Istanbul serves as a global hub for trade, culture, and tourism, ensuring a steady influx of opportunities and economic growth. Additionally, the city's thriving real estate market presents diverse options, from modern apartments to luxurious villas, catering to various preferences and budgets. Istanbul's rich history and cultural heritage provide a unique backdrop for homeowners, offering a blend of traditional charm and contemporary living. Furthermore, the city's ongoing urban development initiatives and infrastructure projects promise long-term appreciation potential for property investments. Whether for personal use or rental income, purchasing property in Istanbul offers a gateway to a dynamic lifestyle and promising returns.
Where to Buy Property in İstanbul?
Istanbul offers a diverse range of property options, making it a prime location for buyers with different needs and budgets. The city is divided into two main areas, each offering distinct lifestyles. One side is known for its dynamic urban environment, with business hubs and modern developments, while the other offers a more tranquil and residential atmosphere. Whether you are seeking luxury living or more affordable options, Istanbul provides various opportunities for both personal use and investment.
Avrupa Yakası
The European side of Istanbul, known as Avrupa Yakası, is a hotspot for real estate investment. Prestigious districts like Beşiktaş, Sarıyer, and Levent are known for luxury apartments, upscale shopping, and vibrant business hubs. For more affordable options, areas such as Esenyurt and Küçükçekmece offer budget-friendly housing with promising investment returns. Whether you're looking for a high-end residence or a rental property, the European side provides a wide range of opportunities.
Anadolu Yakası
The Asian side of Istanbul, or Anadolu Yakası, is ideal for those seeking a quieter lifestyle while still enjoying the city's urban conveniences. Kadıköy and Üsküdar are among the most desirable areas, offering beautiful coastal views and excellent transportation links. Districts like Maltepe and Kartal are becoming increasingly popular for property buyers due to their affordable prices and potential for growth. The Asian side combines tranquility with investment potential, making it a great choice for buyers.
Prime Locations For İstanbul Apartments for Sale
The areas of Istanbul Real estate which are considered prime locations in the Istanbul property boom are in prominent locations like Şişli, Levent, Maçka, Bebek, Beyoğlu, and Bosporus districts. In these prime locations, luxury apartments are highly prized and sought. However, for the foreign buyer seeking an apartment for sale in Istanbul, extremely affordable and off-plan properties exist in the outskirts of the city, in areas like Küçükçekmece, Esenyurt, Beylikdüzü, Bahçeşehir, and Büyükçekmece. These suburban areas are developing very quickly, and promise the potential for a great deal of growth in value as the city of Istanbul continues to expand.
Take The Opportunity to Buy Property in İstanbul with Basic Apartment!
Seize the opportunity to invest in property in Istanbul with Basic Apartment! Our comprehensive listings feature a diverse range of affordable apartments, making homeownership in this vibrant city more accessible than ever. Whether you're a first-time buyer or seasoned investor, Basic Apartment offers options tailored to your budget and lifestyle. Explore our selection of well-appointed properties, from cozy studios to spacious one-bedroom apartments, each designed to provide comfort and convenience. With Istanbul's booming real estate market and Basic Apartment's expertise, now is the time to secure your slice of this dynamic metropolis. Don't miss out on this chance to make Istanbul your home sweet home!
