A Detailed Guide to the Best Cities for Buying Property in Istanbul
Buying property in Istanbul is considered one of the best investments in the region due to its strategic location, rich history, and diverse districts. Each area in Istanbul varies in terms of pricing, infrastructure, and lifestyle, offering buyers multiple options that suit their budgets and investment goals.
In this article presented by Sedad Real Estate, we will discuss the top areas for buying property in Istanbul:
Top 10 Areas to Buying Property in Istanbul
1. Başakşehir
Başakşehir is one of the most developed and modern areas in Istanbul, ideal for families and investors seeking a high-end, comfortable residential environment.
Advantages of buying property in Başakşehir:
Advanced Infrastructure: Includes schools, hospitals, and advanced shopping centers.
Proximity to Major Projects: Located near the Istanbul Canal project and Istanbul’s new airport.
Pricing: Relatively high, reflecting the quality of life and services in the area.
2. Beylikdüzü
Located on the European side of Istanbul, Beylikdüzü is known for its calm environment and green spaces, making it an ideal choice for families.
Advantages of buying property in Beylikdüzü:
Affordable Prices: Reasonably priced compared to central areas, with high-quality properties available.
Proximity to the Sea: Beylikdüzü is on the coast of the Sea of Marmara, offering stunning sea views.
Transport Network: Connected to the Metrobus, which links it to various parts of Istanbul, making transportation easy.
3. Kadıköy
Kadıköy is one of the most popular areas on the Asian side of Istanbul, attracting locals and foreigners looking for a vibrant cultural and artistic lifestyle.
Advantages of buying property in Kadıköy:
Lively Location: Home to numerous cafes, restaurants, and traditional markets.
Proximity to the Sea: Offers attractive sea views of the Bosphorus.
Luxury Real Estate: Prices are relatively high but offer excellent investment returns due to its location and proximity to the city center.
4. Yenişehir
Yenişehir is a modern district on the European side of Istanbul, designed to be a fully integrated urban center near Istanbul Airport and the new Istanbul Canal.
Advantages of buying property in Yenişehir:
Strong Investment Opportunities: The area includes many plots and modern residential projects, making it an ideal destination for investors.
Advanced Future Infrastructure: Yenişehir includes logistics centers and a modern technology base that supports business and innovation.
Proximity to Major Facilities: Once completed, Yenişehir will feature exhibition centers and eco-tourism farms, enhancing its real estate value and offering a modern, comfortable lifestyle.
5. Zeytinburnu
Zeytinburnu is a central area on Istanbul’s European side, known for its proximity to historic areas like Sultanahmet.
Advantages of buying property in Zeytinburnu:
Central Location: Provides easy access to many tourist and commercial sites.
Real Estate Development Projects: The area is witnessing continuous real estate development, which boosts its investment value.
Available Transportation Options: Connected to the metro and tram networks, making it easy to travel across Istanbul.
6. Sarıyer
Sarıyer is a luxurious area located on the Bosphorus Strait on the European side, considered one of the best residential areas for the wealthy.
Benefits of buying property in Sarıyer:
Sea views: Offers stunning views of the Bosphorus, making it a destination for those seeking luxury.
Privacy and green spaces: It has many forests and parks, providing a peaceful and comfortable environment.
Prices: Among the most expensive areas in Istanbul, suited for investors interested in luxury properties.
7. Şişli
Şişli is a central district on the European side, known for its commercial and residential appeal.
Benefits of buying property in Şişli:
Excellent infrastructure: Includes major shopping centers, hospitals, and international schools.
Proximity to Taksim: Just minutes away from Taksim Square, placing it close to the city center.
Prices: High prices but considered an excellent investment due to its central location.
8. Avcılar
Avcılar is located on the European side and is considered a developing area, offering investment opportunities at reasonable prices.
Benefits of buying property in Avcılar:
Affordable prices: Suitable for investors looking for lower-cost properties.
Modern infrastructure: Has universities and schools, making it suitable for families.
Proximity to the sea: Located on the coast of the Sea of Marmara, providing beautiful views and reasonable real estate prices.
9.Fatih District
Fatih is one of Istanbul’s most historic areas, with major landmarks like Hagia Sophia and the Blue Mosque.
Benefits of buying property in Fatih:
High tourist demand: The area attracts tourists year-round, creating opportunities for short-term rentals.
Historical properties: Offers unique historical properties, appealing to investors interested in cultural assets.
Prices: Relatively high due to the strategic touristic location.
10. Üsküdar
Üsküdar is a historic district on the Asian side of Istanbul, famous for its Ottoman buildings and prime location.
Benefits of buying property in Üsküdar:
Historical landmarks: Home to the Maiden’s Tower and many historic mosques.
Views of the Bosphorus: Offers beautiful views of the Bosphorus, making it a distinctive investment destination.
Prices: Moderate to high, depending on the property’s proximity to the sea and available services.
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Benefits of Buying Property in Istanbul
1. Government incentives and facilities for foreign and Turkish investors
The Turkish government actively supports and encourages foreign investment in the real estate sector by providing various facilities and tax exemptions. This creates an attractive environment for foreign investors in Istanbul, offering an easy and hassle-free legal and financial framework for property acquisition and management. These incentives encourage investors to enter the Turkish market and open doors to sustainable profit opportunities.
2. Opportunity for high returns on resale after three years
Turkish law allows investors who acquire citizenship through property purchase to sell the property after three years. This condition offers a good opportunity for investors to achieve high profits, as Turkey’s real estate market generally experiences continuous price growth, increasing the value of investments and enabling substantial returns within a relatively short period.
3. High-Quality Lifestyle at Affordable Prices
Istanbul offers a modern lifestyle characterized by high quality and relatively low living costs compared to other nearby European cities. Modern residential neighborhoods, advanced public facilities like malls, healthcare centers, and international schools all contribute to making Istanbul an attractive city for foreigners. Life in Istanbul strikes a balance between quality of life and housing costs, making it a suitable destination for both settling down and investing.
4. Real Estate Market Benefiting from a Rapidly Growing Economy
Turkey is one of the fastest-growing economies in the region, and its real estate market is thriving in line with this growth. This continuous economic expansion makes real estate investment more stable and appealing, as property values increase over time. Istanbul, in particular, stands out as a strong investment hub, attracting investors worldwide due to its advanced infrastructure and robust economic ties with global markets.
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How Can I Buy Property Through a Real Estate Company in Istanbul?
To purchase property in Istanbul through a real estate company, you can consult with Sedad Real Estate Group, located in Başakşehir. The company offers a team of consultants specializing in real estate investment, particularly in land, and this team assists you in making well-informed and secure investment decisions. Contact Sedad Real Estate now.
