7 important areas when choosing an apartment in Istanbul

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7 important areas when choosing an apartment in Istanbul

Get an idea of the most important areas of Istanbul suitable for buying apartments

7 important areas when choosing an apartment in Istanbul
18th April 2023
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The issue of buying an apartment in Istanbul has occupied many investors looking for distinction, high profits, and security and unlimited privileges can be obtained through this step as it is possible to benefit from the elements of the city in general.

In this article, the editorial team at Binaa Real Estate Company will briefly tell you about the seven most important areas that you should consider when you are about to take such a step.

 

Learn about the areas to buy an apartment in Istanbul

Here, through the following paragraphs, are the most important areas of Istanbul suitable for owning and buying apartments.

1 - Apartment in Basaksehir

Basaksehir is located in a central area of ​​Istanbul, just a few minutes away from the city center and main business areas as it is also strategically located near airports and major highways, making it an ideal destination for living and investment.

 

The apartments are distinguished by their modern and luxurious designs, as they have all the modern services and facilities that a person needs, such as gardens, swimming pools, gyms, and entertainment venues.

 

The value of real estate in Basaksehir is constantly increasing, which makes it an ideal opportunity for investment as it also provides an opportunity to get a high return on investment by renting the apartment to local residents or visitors.

Basaksehir has a safe and stable environment, as it provides all basic services such as schools, hospitals, commercial centers, and entertainment venues as it is also characterized by security and political and social stability, which makes it an ideal destination for living and investment.

 

Turkey provides an opportunity to obtain Turkish citizenship by investing in real estate, and a person can obtain Turkish citizenship by purchasing an apartment in Başakşehir with a value of 400 thousand US dollars.

 

2 - An apartment in Beylikduzu

Beylikduzu is one of the leading residential areas in Istanbul, as it has a distinct strategic location that makes it the focus of investors' attention as it is located on the European side of the city, specifically on the western shore of the Black Sea, which makes it enjoy charming views of the sea and the picturesque nature that surrounds it.

One of the most important reasons why buying an apartment in Beylikduzu Istanbul is very suitable is the increasing rise in real estate values ​​in this region where the demand for apartments in this area is constantly increasing, due to its rapid development and privileged location, which makes it an excellent investment opportunity for investors, and an excellent opportunity to obtain a new and luxurious apartment for housing.

 

It also enjoys many advantages and services that make it an ideal residential area, as it contains schools, universities, hospitals, commercial centers, and large markets, in addition to many recreational facilities and sports activities, making it an area that combines modern life with picturesque nature.

 

3 - Apartment in Esenyurt

Esenyurt is characterized by its privileged location, which makes it a major hub for many vital services and facilities as it is located near the airport, main roads and public transport stations, making it an ideal location for living and investment.

 

It includes many modern residential projects that provide residents with all the comfort and luxury they need as it includes luxurious apartments equipped with the latest technology and services, such as swimming pools, gyms, gardens, and commercial spaces.

 

Buying an apartment in Istanbul is an important investment opportunity, as there are great opportunities to obtain high returns by renting or selling the apartment at a later time as the demand for real estate in Esenyurt is constantly increasing, which makes it an ideal area for real estate investment.

Esenyurt is characterized by a modern and active life, as it provides residents with all the vital and recreational facilities they need as it includes large shopping centers, restaurants, cafes, and sports clubs, in addition to cultural and entertainment venues.

 

It enjoys stunning natural beauty, as it includes many parks, gardens and lakes as it is also located near forests and beautiful beaches, which makes it an ideal place for rest and recreation.

 

4 - Apartment in Uskudar

Uskudar enjoys an ideal strategic location, as it is located near vital areas in Istanbul, such as the Princes’ Islands, and is characterized by the presence of many public transportation that connects it to other areas of the city.

It includes many picturesque landscapes, surrounded by forests and green trees, and is characterized by the presence of many beautiful parks and gardens.

 

In the Uskudar region, there are many vital facilities, such as hospitals, schools, universities, commercial centers, restaurants, and cafes.

 

Buying an apartment in it is a great investment opportunity, as the demand for real estate in this area is increasing dramatically, which makes it an ideal opportunity to invest and get good financial returns.

 

 It is considered one of the safest areas in Istanbul, which makes it an ideal choice for families and individuals looking for a safe and stable environment to live in.

 

5 - An apartment in Sariyer

Sariyer is characterized by the presence of many public and private facilities that meet the needs of residents and visitors as there are hospitals, schools, shopping centers, restaurants, cafes, and public parks, in addition to the presence of many public transportation that facilitate movement within the city.

 

It is also characterized by the presence of many modern real estate projects that provide apartments of different sizes and prices, which makes it a suitable option for individuals and families with different budgets.

 

Besides, Sariyer is characterized by its picturesque landscapes and its calm and safe atmosphere, which makes it an ideal place to live and raise children.

Another aspect that makes buying an apartment in Sariyer an excellent choice for investment is the high real estate value in the area, as prices have been constantly increasing over the past few years, making it an opportunity to invest in the future.

 

6 - Apartment in Kadikoy

Firstly, Kadikoy is a vital and distinctive area in Istanbul, as it includes many modern and luxurious real estate projects, which provide residents with all amenities and entertainment as the area also enjoys an important strategic location, as it is only a few minutes away from the city center and other vital places

Secondly, buying an apartment in Kadikoy can be a good investment of money, as the area offers great opportunities for financial return, whether through rent or rent and in addition, the properties in them increase in value over time, which means that investors can make great profits in the future.

 

Thirdly, buying an apartment in Kadikoy can be an opportunity to obtain Turkish citizenship, as the Turkish government provides opportunities to obtain citizenship by investing in real estate as this means that individuals who buy an apartment in Kadikoy can get Turkish citizenship and all the benefits that come with it.

 

7 - Apartment in Sisli

Sisli is characterized by the presence of many shopping malls, restaurants and cafes that make it a lively and lively area as Sisli also includes many prestigious international schools and universities, which makes it a suitable choice for families looking for quality education for their children.

 

 It has excellent transportation links, as it has metro, bus and tramway stations, which makes moving within the city easy and convenient.

 

When talking about buying an apartment in Sisli, this option is a good investment for many reasons, as it provides the buyer with the opportunity to live in a vital and distinct area, and the prices in this area are suitable compared to other neighborhoods in Istanbul.

It is known that real estate in Turkey is witnessing a continuous rise, especially in big cities such as Istanbul, so buying an apartment in Sisli is a good investment for the future, as the buyer can achieve good financial returns from reselling the property in the future.

 

The European or Asian side of Istanbul to buy an apartment?

Historically, the European side of Istanbul has been the most popular region for foreign investors to buy real estate as this area is characterized by famous tourist sites and vital facilities, such as restaurants, cafes and shops as this region includes many high-end neighborhoods, such as Besiktas, Bebek, and Ortakoy.

As for Asian Istanbul, it is the emerging region in the real estate market, and is characterized by relatively low prices compared to the European side of Istanbul as this region includes many new and modern neighborhoods, such as Atasehir, Kadikoy, and Maltepe.

 

Are apartment prices in Istanbul high?

Before answering this question, we must take into account a number of factors that affect the prices of apartments in Istanbul and among these factors: the location, size, design, finishes, and services available in the building.

 

First, we should note that Istanbul consists of several districts, and each district has its own unique characteristics as areas such as Besiktas and Sisli are among the most expensive areas in Istanbul, as the price per square meter in these areas ranges between 4000-6000 USD.

Secondly, we must take into account the size of the apartment, as the price per square meter increases as the size of the apartment increases.

 

Thirdly, we must take into account the design and finishes, as the price of the apartment increases as the quality of the design and finishes increases as an apartment with modern design and high-quality finishes may cost about 3,000 USD per square meter, while an apartment with simple design and medium-quality finishes may cost about 1,500 USD per square meter.

 

Fourth, we must take into account the services available in the building, as the price of the apartment increases as the services available increase as an apartment in a building that has services such as a swimming pool, gym, and garden may cost about 4000 USD per square meter, while an apartment in a building that does not provide these services may cost about 2000 USD per square meter.

 

Reasons for increasing the demand for the real estate market in Istanbul

First, Istanbul is one of the most important tourist cities in the world, as it is visited by millions of tourists annually, which makes the demand for real estate in it high, especially in tourist areas.

 

Secondly, Istanbul enjoys an important strategic location, as it is located at the intersection of European and Asian continents, which makes it a center for trade and investment.

 

Third, Istanbul provides multiple investment opportunities in various sectors, including real estate, where investors can achieve high returns by buying and renting real estate.

 

Fourth, Istanbul has a well-developed infrastructure, with all the services necessary for daily life, including schools, hospitals, commercial and entertainment centers.

Finally, the real estate market in Istanbul enjoys the confidence of investors and buyers, as prices are constantly rising, which indicates the stability of the market and its attractiveness for more investments.

 

In addition, the Turkish government seeks to support the real estate market in Istanbul by offering facilities and incentives to investors, making it a preferred destination for many investors and buyers around the world.

 

When is the best time to buy an apartment in Istanbul?

First, we must note that the real estate market in Istanbul is one of the most active markets in Turkey, as there are great investment opportunities however, this activity leads to a continuous rise in real estate prices and therefore, investors should look for good opportunities and reasonable prices before buying any real estate in Istanbul.

Secondly, demand and supply affect the real estate market in Istanbul and in periods of high demand, real estate prices rise dramatically, while in periods of low demand, prices fall thus, investors who want to buy an apartment in Istanbul can determine the time of purchase according to demand and supply.

 

Thirdly, we should note that the times when changes occur in laws and regulations related to real estate may affect the real estate market in Istanbul as it is important for investors to be aware of any changes that may occur and how they will affect the real estate market.

 

Fourth, investors should consider the expected prices of real estate in the future and if there is an expectation that prices will rise in the future, then buying the property at the present time may be a good investment opportunity.

 

Fifthly, investors should consider the area in which they wish to purchase the property as if the region is witnessing great economic growth and development, this means that prices will rise in the future and conversely, if the region is experiencing an economic downturn, prices may decline in the future.

 

Notes when choosing an apartment in Istanbul

Here are important details to consider when choosing.

1- The location

The location is one of the most important factors that you should take into consideration when searching for an apartment in Istanbul, where you should choose an apartment located in a safe and quiet area, and close to the necessary facilities such as hospitals, schools, shopping malls and public transportation.

 

2- The price

You must determine your budget well before proceeding with the search for an apartment in Istanbul, because apartment prices vary according to the region, area, and specifications, and you must choose an apartment that suits your budget and suits your needs.

 

3- The area

You must choose an apartment that suits the number of your family members and if you live alone, you can suffice with a small apartment, but if your family is large, you must choose a spacious apartment that suits your needs.

 

4- The general condition of the apartment

You must inspect the apartment well before buying or renting, and ensure the integrity of the floor, walls, ceilings, doors and windows, as well as ensuring the safety of electrical wires and pipes.

 

5 - Available services

You must choose an apartment that provides you with the services you need, such as security services, maintenance, internet services, heating and cooling services, and you must also make sure that there is an elevator in the building.

 

6 - The view

You should choose an apartment that provides you with a beautiful view, whether it is a sea view or a city view, as a beautiful view can help lift your spirits and improve your quality of life.

 

7 - Contract

You must read the contract well before signing it, and make sure of all terms and conditions related to rent or purchase, as well as ensure that there are guarantees for the apartment.



Common questions:

1- What are the most important areas in Istanbul for buying real estate?

Istanbul contains many areas that can be ideal for buying real estate and among these regions are Besiktas, Sariyer, Beylikduzu, Atakoy, and others as these areas differ in level of sophistication, prices, advantages, and disadvantages and therefore, you have to research and check different areas before making a decision to buy the property.

 

2- What are the most important factors that you should take into consideration when buying a property in Istanbul?

You have to take into account many different factors when buying property in Istanbul and among these factors are the location of the property, its condition, surrounding areas, prices, and services available in the area and therefore, you have to research and check all these factors before making the decision to buy the property.

 

3- What are the best methods for searching for an apartment in Istanbul?

There are many different methods that can be used to search for an apartment in Istanbul and among these methods are searching online, researching through real estate agencies, and connecting with friends and family living in the city as these methods can help you find a suitable apartment in Istanbul.

 

 

Related articles :
The guide of real estate investment in Turkey 2022
Latest updates on Turkish citizenship and real estate residence
Luxury apartments for sale in Istanbul
How to obtain a Turkish passport?
The journey of looking for apartments for sale in Istanbul
Houses for sale in Turkey in installments
Villas for sale in Istanbul
Best offers for apartments for sale in Turkey 2022
How to obtain Turkish citizenship by real estate investment?
Steps to buying an apartment in Istanbul
Tourist Residency and Real Estate Residency in Turkey
The best real estate investment areas in Istanbul
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