Real Estate Ownership in Istanbul 2024 is one of the main options for anyone who wants to buy real estate or start a real estate investment project in Turkey to achieve profits and success.
Istanbul offers investors and those interested in real estate a lot of unique and unlimited opportunities. Its extension on two continents at the same time makes it with many options. If this topic interests you, follow this article, in which we will talk about some dimensions of buying a property in Istanbul as well as its most important areas.
What are the advantages of owning real estate in Istanbul?
Istanbul is one of the most beautiful and lively cities in the world, it is also a great place to invest in real estate.
Here are some of the advantages of owning real estate in Istanbul:
- Istanbul is a fast-growing city, with its population expected to reach 20 million by 2030, which means that there is a strong demand for real estate, which is good news for investors.
- The Turkish economy is strong and stable, which makes Istanbul a safe place to invest in real estate.
- Istanbul offers a great lifestyle, one for everyone - from its rich history and culture to its lively nightlife and beautiful landscapes, all of these factors make it an attractive place to live and invest.
- There is a wide range of properties available in Istanbul, from luxury apartments to affordable options, so that investors can find what fits their budget.
- The Turkish government offers several incentives to foreign investors, such as residence permits and tax exemptions.
- Istanbul has excellent transportation links, making it easy to move around the city and connect with other parts of Turkey and beyond.
Why real estate investment in Istanbul?
Istanbul has always been a city with great opportunities for real estate investors. Over the past few years, the city has witnessed a boom in investment and development, as more people have been attracted to its vibrant culture and thriving economy.
The future of the real estate market in Istanbul looks bright, as the popularity of the city is expected to continue to grow and in fact, Istanbul is expected to be one of the 10 most popular cities for real estate investment by 2025.
If you are thinking of investing in the Istanbul real estate market, now is the time to do so. With a lot of growth expected in the coming years, you can expect to see a good return on your investment.
Advantages of buying a property in Istanbul by the sea
Istanbul is one of the most beautiful cities in the world. It is also a great place to invest in real estate. Real estate overlooking the sea in Istanbul is especially popular among investors, as it offers several advantages.
- Seafront properties in Istanbul tend to rise at a higher rate than other property types due to the city's increasing popularity as a tourist destination, as well as the limited supply of seafront properties relative to demand.
- Sea view properties are also popular with renters, so you can expect to make a good return on your investment with rental income as properties close to the city center with good transportation links will be especially popular among tenants.
The importance of buying real estate in the center of Istanbul
250,000$
Istanbul Europe,
Büyükçekmece,
Ready
Istanbul Center is considered one of the most important places in terms of real estate investment.
This is because the center of Istanbul is the most populous and most visited part of the city and it is also the place where most of the historical and cultural attractions of the city are located.
Investing in real estate in the center of Istanbul will not only give you a good return on your investment but will also help you get close to the official departments to complete the procedures for you without going long distances.
Find real estate for sale in the countryside of Istanbul
The importance of buying real estate in the Istanbul countryside is increasing day by day and the city is getting more and more crowded, which makes it difficult to find a decent place to live.
Apart from that, the real estate prices in the city center are also increasing rapidly, which makes it difficult for middle-class families to buy a home and that is why many people are now looking for alternatives outside Istanbul.
The countryside of Istanbul has a lot to offer, it is much quieter, cleaner, and cheaper than the city center. In addition, there are many new projects taking place in suburban areas, which makes them more attractive to buyers.
If you are thinking of buying a property in Istanbul, we advise you to consider the suburbs as well. With their many advantages, investing in real estate outside the city center is worth considering and giving a try.
Real estate ownership in Istanbul near the canal
The new Istanbul Canal, scheduled to open in 2027, is one of the most ambitious infrastructure projects in Turkey's history and upon completion, the canal will connect the Black Sea with the Sea of Marmara, creating a new shipping route and transforming Istanbul into a major maritime hub.
The canal will also have a significant impact on the real estate market in the city and the properties near the canal will become more valuable, and the demand for these properties is already high from now on. If you are thinking of buying a property in Istanbul, it is time to do so.
Here are some reasons why investing in real estate near the New Istanbul Canal is a good idea:
- The channel will increase property values in the area.
- The canal will make Istanbul a more attractive place to live and work.
- The canal will create new opportunities for companies in Istanbul.
- The canal will make transportation easier and faster in Istanbul.
Read more about New Istanbul Airport: A Gateway to Modern Travel Luxury
Own real estate near the new Istanbul airport
Istanbul New Airport is one of the largest airports in the world and is located in the European part of Istanbul on the Black Sea coast. The airport serves more than 60 million passengers annually and is the main hub for Turkish Airlines.
The new airport has had a positive impact on the real estate market in Istanbul. Real estate prices have increased by 20-30% since the opening of the airport in October 2018 and the demand for rental properties has also increased, with more people moving to Istanbul to work at the airport.
There are many reasons to buy property near Istanbul New Airport. First, it is a major transportation hub that will continue to grow in importance, second, it creates jobs and stimulates economic growth in Istanbul, and third, it makes Istanbul a more attractive city to live and visit, and fourth, property prices are expected to continue in height.
If you are looking to buy a property in Istanbul, there are many good reasons to consider investing near the new Istanbul Airport
Read more about the New Istanbul Canal
The most important areas for buying real estate in Istanbul
When you are in the process of owning real estate in Istanbul, it is natural to ask about the areas that are suitable for you, about the modern areas that are experiencing growth to be suitable for investment, about the areas that contain luxury real estate, and you may also ask about the areas that contain cheap or suitable real estate, Istanbul A university city with an eye-catching variety that is suitable for everyone, both on taste and a budget.
Through the following paragraphs, you will learn about some of the most important areas that have recently gained a lot of fame and achieved a lot of real estate sales:
1 - Basaksehir area
Basaksehir is a growing area in Istanbul that provides many opportunities for those wishing to invest in real estate. Here are some advantages of investing in Basaksehir:
The area has grown rapidly in recent years and is still expanding and this makes it a good time to invest in real estate, as there is potential for raising capital.
The area is well connected to the rest of Istanbul, with many highways and public transportation options and this makes it a convenient place to live or work.
The area offers a wide range of amenities, including shopping malls, hospitals, schools, and parks.
2 - Beylikdüzü area
There are many reasons to buy real estate in Beylikduzu. Firstly, it is a beautiful area located on the Mediterranean Sea and enjoys a moderate climate and plenty of sunshine and also has several good schools, hospitals, and shopping malls in addition to this, the city is home to a large number of Turkish and international companies Finally, Beylikduzu is an affordable area with a variety of housing options.
3 - Bahcesehir area
Some of the advantages of buying real estate in Bahcesehir are:
- Proximity to Istanbul - One of the most important advantages of investing in Bahcesehir is its proximity to Istanbul. Bahcesehir is only 20 minutes from Istanbul city center by car and this makes it a great choice for those who want to live in a quiet neighborhood, while still being close to the hustle and bustle of the city.
- Reasonable Prices - Another advantage of investing in Bahcesehir is that it offers reasonable prices compared to other neighborhoods in Istanbul and this makes it a great choice for first-time buyers or investors on a budget.
- A growing neighborhood - Bahcesehir is a rapidly growing neighborhood with new construction projects popping up all the time. This makes it an ideal investment opportunity as you can expect real estate prices to increase in the future.
- Excellent Amenities - Bahcesehir has all the amenities you need for a comfortable life, including schools, shopping malls, hospitals, and parks.
4 - Sariyer District
Some people are hesitant to buy a property in Sariyer because they think the prices are too high. However, there are many advantages to buying property in Sariyer that make it worth the investment.
Sariyer is a beautiful area with a lot to offer. It is located on the European side of Istanbul and offers stunning views of the Bosphorus and is close to many amenities and attractions, making it a great place to live and invest at the same time.
The infrastructure in Sariyer is excellent, with plenty of public transport options and good roads which makes it easy to get around and access all that the area has to offer.
5 - Maslak area
There are many reasons to buy property in this area and some of the advantages of buying a property in Maslak include:
- The area is home to several international companies, making it a great place to live and work.
- Many high-end shopping and dining options are available in Maslak.
- The area is well connected to the rest of Istanbul, with many public transportation options available.
- There are several green spaces and gardens located in the Maslak area, providing residents with a place to relax and enjoy the outdoors.
6 - Levent District
There are many reasons to buy a property in Levent, but here are some of the most compelling advantages:
- Excellent location: Levent is centrally located within Istanbul and provides good connections to the rest of the city.
- The general specifications of Levent for real estate tend to be of high quality and great distinction.
- A wide range of property types are available in Levent, from apartments to villas.
- Prices in Levent are generally lower than in other parts of Istanbul, making it an affordable option for buyers.
7 - Esenyurt District
Esenyurt has experienced rapid growth in recent years due to its proximity to major highways and public transportation routes as well as affordable real estate and this has made it a popular choice for both Turkish and foreign buyers alike.
- Esenyurt offers some of the most affordable real estate options in Istanbul compared to other neighborhoods on the European side like Beylikduzu or Bahcesehir and this makes it an attractive option for budget buyers looking for a start-up home or investment property.
- The high demand for rental properties in Esenyurt results in the possibility of collecting high rents per month. In this context, it must be noted that with the manifestations of the general development in the city, prices are likely to rise there, and therefore if you decide to sell real estate again, you will benefit from the price difference between the buying and selling stages.
8 - Uskudar District
Some of the advantages of living in Uskudar are:
- The neighborhood is very central and close to many amenities like shopping, restaurants, parks, and public transportation.
- Uskudar is a safe and friendly area with a low crime rate
- The houses in Uskudar are well-built, well maintained and built.
- It has a variety of housing options available, from apartments to large homes, luxury villas, and distinctive residential complexes.
- The cost of living in Uskudar is relatively reasonable compared to other parts of Istanbul.
9 - Kadikoy District
Kadikoy is one of the most popular districts in Istanbul and has become the preferred choice for those who want to buy real estate in recent years and the reasons for this include:
- The municipality offers many social facilities to the residents
- It is possible to find both luxury apartments and affordable housing options in Kadikoy.
- The area is well connected to other parts of Istanbul via public transportation.
- There are many green spaces and parks in Kadikoy, which makes it a great place to live for families with children.
10 - Kucukcekmece District
240,000$
Istanbul Europe,
Küçükçekmece,
Under construction
285,000$
Istanbul Europe,
Küçükçekmece,
Ready
200,000$
Istanbul Europe,
Küçükçekmece,
Ready
Kucukcekmece is a district in Istanbul, Turkey, located on the European side of the city and bordered by Eyüp, Avcilar, Esenler, and Bahcelievler districts. Kucukcekmece Lake is located in the region.
As of 2018, Kucukcekmece has a population of 572,972.
Kucukcekmece has an area of 42 square kilometers.
The real estate market in Kucukcekmece is growing rapidly due to its proximity to the new Istanbul Airport and excellent transport links to the city center via highways and public transportation.
Owning real estate in Istanbul at present is considered a golden opportunity of intelligence to seize in light of all the developments and updates taking place in the city and as it rises to compete in the global race in the real estate investment field, let us tell you that waiting will miss you a lot of unique opportunities so you only have to contact our real estate consultant now to be with him on the field or virtual tours to see the most important opportunities available and suitable for 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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