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Buying Real Estate in Istanbul 2024

2023-09-26
Real estate investment in Istanbul
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Buying Real Estate in Istanbul 2024
Contents table

During the last period, the idea of ​​buying real estate in Istanbul was the first of its kind for many local and foreign real estate investors alike. In this article, you will learn about several topics about the real estate market in Istanbul, such as the types of properties available for sale and how you should follow them when buying, as well as we will provide you with a set of important tips and advice.

 

Learn about the types of real estate in Istanbul:

The real estate market in Istanbul is rich with many distinct options that suit all tastes and budgets without exception.

Buying Real Estate in Istanbul 2024
 

First: Residential real estate:

There is a wide range of real estate and apartments in Turkey whose importance varies according to their advantages and specifications.

 

1 - Apartments of residential complexes:

The following are the most important features of apartments in residential complexes in Turkey:
-Location:
It is one of the first and most important features that must be taken into account when choosing an apartment in a residential complex, as it determines the level of comfort. And the luxury that the apartment will provide.
For example, the location of the complex is close to vital places such as hospitals, schools, universities, and transportation.
- The view:
The view is also one of the features that add to the value and beauty of the apartment, so it is recommended to choose an apartment with a view of a green space or a beautiful landscape.
-Security and safety:
One of the most important things that the family looks for when choosing an apartment is safety, as it is one of the elements that achieve comfort and reassurance. Thus, it is advisable to choose a complex with a high level of security such as guards, surveillance cameras, and secure entrances and exits.
-Services and facilities:
Another feature that makes the apartment in a residential complex preferable is the presence of services and facilities such as swimming pools, saunas, gyms, gardens, and children's playgrounds.

 

2 - Penthouse apartments:

Penthouses in Turkey have many features that make them unique and luxurious places to live. Penthouses typically feature large windows with stunning views, high ceilings, and top-notch finishes and fixtures. They are often located in the most desirable areas of the city, such as the Bosphorus district of Istanbul.
The most expensive penthouses are usually found in Istanbul, Ankara and Antalya.

 

3 - Duplex apartments:

Duplexes have become a popular housing type in recent years, especially in big cities. We can briefly define them as two-story apartments, and they offer many advantages to their owners through their spaciousness and special design.

 

4 - Triplex apartments:

Triplex apartments are among the most popular types of apartments in Turkey. It is especially preferred by families with children or those who want a more luxurious and spacious home.
Triplex is an apartment of three floors. The first floor is usually the living room and kitchen, the second floor is the bedrooms and bathrooms, and the third floor is generally a rooftop terrace or balcony.
Triplex apartments usually range in size from 150-200 square meters, but larger areas can reach up to 400 square meters. The biggest advantage of these apartments is that they provide more privacy than other types of apartments as each floor is separate from the other. They often have a very good view since they are usually located on the upper floors of buildings.

 

5 - Townhouse apartments:

Townhouses in Turkey have many features that make them an attractive option for those wishing to invest in real estate. It is a good idea to familiarize yourself with all the features and details before making a decision. Some of the features of townhouses in Turkey include:
-Location: Most townhouses are located in central areas, close to public transportation, shopping, and other amenities.
-Size: Townhouses range from small to large units that can accommodate multiple families.
-Price: The prices are generally reasonable compared to other types of properties, making them a good choice for those on a budget.
-Facilities: Many townhouses come with amenities such as swimming pools, fitness centers, and playgrounds.

 

6- Studio apartments:

Studio apartments are becoming increasingly popular in Turkey, as they offer several advantages compared to larger apartments. For example, they are usually reasonably priced, requiring less furniture and fewer appliances. In addition, studio apartments often come with amenities such as gyms and swimming pools that are not always available in larger complexes. However, when thinking about buying a studio apartment in Turkey, there are a few things to keep in mind:
For example: the size of the apartment will be smaller than a one- or two-bedroom unit. This means that you will have less space for your belongings, and may have to get creative with storage solutions.

 

7 - Villas in Istanbul:

Istanbul villas have many features that make them stand out from other properties. Here are some of their most prominent features:
-Offers a wide range of sizes and styles to choose from.
- Comes with private gardens and outdoor spaces.
- They have high-end finishes and fixtures.
-Provide a sense of privacy and luxury.

 

Second: Commercial real estate:

The commercial real estate market in Istanbul is growing rapidly, due to the increasing population and economic activity of the city. The commercial real estate market in Istanbul offers many advantages to investors.
These include:
1. Istanbul's economy is growing rapidly, resulting in an increased demand for office space and other commercial properties.
2. Istanbul has several young people, which leads to an increased demand for new businesses and services.
3. Istanbul's economy is diversified, with tourism, trade, finance, and other sectors providing opportunities for investors.
4. Istanbul is located at the crossroads of Europe and Asia, which makes it a strategic location for companies operating in both markets.

 

Third: Tourist real estate:

Istanbul is a city where East meets West, making it an attractive destination for tourists worldwide. As a result, Istanbul has become one of the most popular tourist destinations in recent years.
Tourist real estate in Istanbul has many advantages. One of the biggest advantages is that you can get a higher rental income than other types of real estate. This is because tourists are willing to pay more than the locals. Also, by investing in tourist property in IS, is that you can get higher capital gains when selling the property.

 

Fourth: Land Purchase:

Buying Real Estate in Istanbul 2024
 

There are many reasons to invest in land in Istanbul. The city is home to a large number of businesses and industries, which creates demand for offices and industrial space. Istanbul also has a rapidly growing population, which leads to increased demand for real estate and creates an urgent necessity to build more projects.
The government is also investing heavily in infrastructure projects in Istanbul, which makes the city more attractive to investors. These projects include the construction of a new airport, a new bridge over the Bosphorus, and a new metro line. If you are thinking of investing in land in Istanbul, this is the right time to do so.

 

Buying a property in Istanbul, the European side or the Asian side?

There are pros and cons to both sides. The European side is more developed, its infrastructure is better and it has more facilities. It is also more expensive. The Asian side is less developed but has more affordable housing options. It is also closer to nature, with parks and green spaces. In the end, it comes down to personal preference. If you want a more developed city and better infrastructure, the European side is for you. If you want a less developed city that is closer to nature, the Asian side is your choice.

 

How do you find a property in Istanbul that is right for you?

When searching for a property in Istanbul, it is important to consider your needs and budget. There are many different areas to choose from, each with its advantages and disadvantages.
If you are looking for a property in a central location, you should consider areas like Beyoglu, Sisli, or Besiktas. These areas provide easy access to public transportation and the amenities of city life. However, it can be expensive and may not be suitable if you are looking for a quieter lifestyle.

 

Factors that determine real estate prices in Istanbul:

Many factors determine real estate prices in Istanbul, the most important of which are:
1. Location:
The location of the property is one of the most important factors that determine its price. Real estate located in the center of Istanbul or near the main tourist attractions is more expensive than that in other parts of the city.
2. Type of property:
The type of property also affects its price. For example, apartments are usually more expensive than houses or villas.
3. The size of the property:
The size of the property also determines its price. Usually, larger properties are more expensive than smaller properties.
4. Age of the property:
Older properties are usually less expensive than newer properties.

 

Real estate for sale in the center of Istanbul:

There are many reasons to buy real estate in the center of Istanbul. Where you will find in the city center the most historical and cultural attractions. It is also home to many of the city's best restaurants, bars, and clubs.
If you are looking for a more relaxed lifestyle, the city center is also a great place to live. Usually, the neighborhoods are very well served, with shops, schools, hospitals, and others available.

 

Real estate for sale in Istanbul in installments:

Istanbul real estate has many advantages, but when you buy a property in installments. Among the advantages of buying Istanbul real estate in Taksim :
-You can buy a property without having to pay the full price upfront.
-You can distribute the cost of the property over a long period so that everyone can buy it.
-If you decide to sell the property in the future, you will be able to sell it for more than you paid, as property values ​​in Istanbul continue to rise.

 

The best areas of Istanbul to buy an apartment:

Istanbul, in its two parts, contains 39 districts, each with certain features and specifications, the most prominent of which are:

 

N-814
Luxury Residential Apartments with a View on the Belgrad Forest
Start with
440,000$
Luxury Residential Apartments with a View on the Belgrad Forest

Istanbul Europe,
Maslak,

Luxury Residential Apartments with a View on the Belgrad Forest

Under construction

2025-12-01
Luxury Residential Apartments with a View on the Belgrad Forest
Cash and Installment
N-936
The most Spacious Project in the center of Istanbul
Start with
309,000$
The most Spacious Project in the center of Istanbul

Istanbul Europe,
Bahçelievler,

The most Spacious Project in the center of Istanbul

Under construction

2024-12-31
The most Spacious Project in the center of Istanbul
Cash and Installment
N-660
An upscale Project in the Newst Neighborhood of Istanbul
Start with
9,285,000$
An upscale Project in the Newst Neighborhood of Istanbul

Istanbul Europe,
Eyüpsultan,

An upscale Project in the Newst Neighborhood of Istanbul

Under construction

2024-12-01
An upscale Project in the Newst Neighborhood of Istanbul
Cash


 

 

Apartments for sale in Istanbul Taksim:

Here are some of the advantages of investing in Taksim apartments in Istanbul:
* As there is a high demand for apartments in this area by both locals and foreigners, investors can get a good rental income.
*The prices of Taksim, Istanbul apartments have increased significantly over the years, so investors can expect to see a great return on their investment.
*One of the main reasons why people want to live in Taksim is its central location and offers easy access to many different parts of the city. This makes it a great choice for those who want to be close to vital centers.
*Another advantage of investing in Taksim apartments is that there are many different types of facilities nearby.

 

Apartments for sale in Fatih, Istanbul:

Istanbul, Fatih is a central district in the European side of the city. It is one of the most densely populated areas of the city with a population of more than half a million people. The area is home to many historical sites such as Hagia Sophia, Topkapi Palace, and the Grand Bazaar.
It is also a major mall with many shops and restaurants. Fatih is a great choice for those looking for an apartment in Istanbul. The area has a wide range of apartments for sale, from small studios to large apartments.
The prices of apartments in Fatih vary according to the size and location of the apartment, but they are generally cheaper than apartments in other parts of Istanbul. Those who are looking for an investment property or a place to live in Istanbul will find Fatih a great choice.

 

Apartments for sale in Istanbul on the Bosphorus:

Buying Real Estate in Istanbul 2024
 

There are a lot of apartments for sale in Istanbul, and many of them are located on the Bosphorus. The Bosphorus Strait passes through it and separates the European side from the Asian side. It is one of the world's busiest waterways.
If you want to live in a place with stunning views, then an apartment on the Bosphorus is definitely for you. And you will be able to enjoy panoramic views of the city skyline.
If you want to buy real estate in Istanbul, there are many options in front of you, and when you contact our real estate consultant, we will recommend the best one for you according to your goals and financial balance.

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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