Can people with low incomes search for apartments for sale in Istanbul, or is the matter considered difficult and real estate prices in that city, in general, are high and suitable only for the wealthy due to its great development, economic recovery, urban development and other modern details that it witnessed in the recent period?
Before we get to the heart of our topic, it must be noted that Istanbul is a city of real estate diversity, and it contains many options to suit all tastes and budgets.
Learn about some details related to the real estate sector in Istanbul in this article.
How to search for apartments for sale in Istanbul?
If your budget is limited and you want to search for apartments for sale in Istanbul, you should know that there is a lot of information that you should know because it will lead you to the option you are looking for.
- Older buildings in Istanbul are often much cheaper than newer ones and this is because they are not well built and do not have the same amenities as newer buildings. However, if you want to live in an old building, you can find some great deals for you to choose from.
- Apartments in the center of Istanbul are usually more expensive than those located far from the center. If you are willing to live far from the lively centers, you can find some unique opportunities that are right for you.
- Many new construction projects in Istanbul are being built to meet the demand for real estate and these projects are often sold before they are completed and this makes it possible to buy an apartment at a price lower than the market value.
- The prices of small apartments in Istanbul are cheaper than large apartments, due to the small size of the apartment, which makes it easy to find buyers and rent them quickly, as well as the fact that the apartments are small and do not require a lot of furniture and decoration, which makes their prices cheaper.
Where to find apartments for sale in Istanbul at a reasonable price?
The city of Istanbul, as you know, is wide in area and extends over two continents simultaneously, making it difficult for you as a buyer for the first time to know the places and regions you will search in. In the end, each city has certain characteristics that differ from others. One of the basic steps that you must follow in this regard is to learn about these areas and their features and other aspects.
95,000$
Istanbul Europe,
Esenyurt,
Under construction
306,000$
Istanbul Europe,
Bahçeşehir,
Ready
Below we will give you some suitable areas in Istanbul to find affordable apartments.
1 – Apartments in Silivri
- One of the main advantages of investing in apartments in Silivri is the easy access to the city center as the area is only 45 minutes away from the business and shopping areas of the city. This makes it a great option for those who want to live in a more quiet and relaxing place while still being close enough to the hustle and bustle of the city.
- Another advantage of investing in apartments in that area is that the real estate market in the region is growing rapidly due to several factors, including the increasing popularity of Istanbul as a tourist destination, the development of new infrastructure projects, the construction of new housing complexes and as a result, apartment prices are expected to continue It is on the rise in the future, making it a great investment opportunity.
- When it comes to choosing an apartment in Silivri, investors will have a wide range of options to choose from as there are many different types and sizes of apartments available in the market, so finding an apartment that meets your specific needs and budget should not be difficult.
2 - Apartments in Esenyurt
- Esenyurt is only 20 minutes away from Taksim Square, the central point of the city and this makes it a great choice for those who want to be close to the action but without having to pay the high prices to buy an apartment in the city center.
- It has all the amenities you need for a comfortable place of life, including hospitals, schools, shopping malls, and parks and the neighborhood is also well connected by public transportation.
- Apartment prices are not as expensive as other neighborhoods in Istanbul and this makes it a great choice for those who are looking for an affordable place to live.
3 – Apartments in Kartal
- It is characterized by its high population density, as it is one of the most densely populated areas of Istanbul.
- Kartal has several parks and green spaces, making it a great place to live for those who enjoy spending time outdoors as the area also houses several shopping centers and restaurants.
- The prices of apartments in it are much lower than in other areas of the city, making it an affordable option for many people.
4 - Apartments in Maltepe
- It is one of the most populous districts of Istanbul with a population of more than half a million people Maltepe is also famous for its parks and beautiful coastline and is also a popular residential area for families and young professionals.
- The area has excellent transportation links to the rest of Istanbul, two metro lines running through it, and many bus lines.
In this context, it must be noted that those areas that are home to apartments and real estate with moderate or appropriate prices and other areas that we did not mention will not remain so for long periods, but prices may change and record a noticeable rise during the coming period as a result of several factors Such as the high population density, the development of infrastructure and the economy that competes with the economy of the most important countries in the world and other details.
There is a general rule that you should keep in mind when you are looking for apartments for sale in Istanbul or other cities of the world, which is that real estate markets do not stay in one case for a long time, as they change quickly and therefore prices are likely to rise at any time depending on internal and external conditions. Therefore, you have to watch the market well to update the appropriate time to sell and buy.
If you have any questions about the real estate market in Istanbul or you want to see the most important offers available and suitable for you, do not hesitate and contact us to provide you with all the details you need to know to decide later what suits you.
Advantages of buying a property in Turkey with Number One Real Estate:
Number One is one of the leading real estate investment companies in Turkey, providing all kinds of real estate services within the Turkish real estate market
We offer our clients all types of real estate from
Villas for sale in Istanbul by the sea, cheap real estate for sale in Istanbul, office apartments and shops in various regions of Istanbul, apartments within the most luxurious residential complexes in Turkey, we take care of the procedures for obtaining Turkish citizenship and real estate residence
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