Apartments in Istanbul

Investing in an apartment in Istanbul is a bet on a strong and growing real estate market and a gateway to significant returns and the benefits of a city offering an attractive lifestyle in all aspects, with promising investment opportunities.

When searching for Apartments for sale in Istanbul, you'll enjoy exploring a wide range of options that keep you in vibrant and well-serviced areas, all while considering your budget.

Whether it’s limited or abundant, Istanbul City offers something to suit you in terms of price, space, finishes, and other available amenities.

Read on to learn about the housing options in Istanbul City and the benefits of purchasing an apartment in Turkey's largest city.

Why Do Investors Choose Istanbul?

For a city rich in history and economic vitality, a flat in Istanbul to buy is an investment in a vibrant life. This charming city combines European and Asian civilizations, attracting those who love strategic locations. Here, you can wake up every day to a view of the Bosphorus Strait and breathe in the scent of history from every corner.

Of course, this isn't the only advantage. Here's a package of the benefits of living and investing in real estate in Istanbul:

1. Growing Prosperity  

Istanbul is one of the fastest-growing cities in the world, meaning that property values continue to rise. If you're looking for a guaranteed investment that yields profit or a home in a city that blends classic and modern elements, Istanbul is the perfect choice.

It opens the door to renting out apartments, high-rise apartments near me, whether to tourists or long-term residents, with often high rental returns, especially if the apartment is located in prime areas like the city center or near famous tourist destinations.

2. A Place for Living, Entertainment, and Vacations  

Istanbul will surprise you with its vastness and diverse tourist destinations. Buy an apartment in Istanbul, to find yourself at the heart of a city that never sleeps, and you might not even need to travel far for vacations.

3. Cultural Diversity  

The city reflects the influence of the most important civilizations and empires, from the Greeks to the Romans, Byzantines, and Ottomans, evident in its architectural landmarks and even its cuisine. Here, European civilization blends the spirit of the East, historical landmarks, and traditional neighborhoods with modern developments, offering an unmatched living experience.

4. Beautiful Nature  

From the enchanting Bosphorus Strait and the Golden Horn to gardens, lakes, beaches, and green forests, Istanbul perfectly balances urban life with nature.

5. Transportation and Infrastructure  

Istanbul boasts a strong infrastructure that you'll appreciate through a complex transportation network covering both sides of the city. Options include the metro, Metrobus, buses, and boats sailing through the Bosphorus and the Sea of Marmara, not to mention taxis that can be ordered anytime and anywhere via user-friendly apps.

6. Economic and Investment Diversity  

Istanbul is an important economic and commercial hub regionally, providing residents the opportunity to invest their money in various portfolios within a politically and economically stable environment that fosters growth and development.

7. Opportunity to Obtain Turkish Citizenship  

By purchasing property worth $400,000 in Turkey, you are eligible to apply for Turkish citizenship, a highly attractive option for foreign investors looking to enhance their status and enjoy the legal and economic benefits of Turkish citizenship.

8. Real Estate Residency Opportunity  

Foreign investors who buy property worth at least $200,000 in Turkey, provided they live in the property, are eligible for real estate residency.

What Factors Affect the Price of Flats For Sale in Istanbul?

Apartment prices in Istanbul increase if they meet the following conditions:

• Proximity to the city center or the sea, especially the Bosphorus Strait.
• Prime Location in a modern building, particularly in residential complexes offering services such as security, parking, green spaces, swimming pools, and gyms.
• Situated in a prestigious neighborhood with luxurious amenities, like Nisantasi and Besiktas.

Apartment Prices in Istanbul

The price of an apartment in Istanbul depends on the apartment’s specifications, including size, view, and available services, whether attached to the apartment or in the general area.

This means you can find cheap flats in Istanbul to buy in areas slightly farther from the city center but offering reasonable prices.

Here’s a table comparing the key areas for property for sale in Istanbul Sea View, with approximate price ranges based on apartment features:

Apartments in Istanbul In Turkish lira	Price Range (USD)	Key Features	Apartment Type
10,200,000-17,000,000	$300,000 – $500,000	Sea View	2+1
6,120,000-8,500,000	$180,000 – $250,000	Garden View	2+1
4,080,000-5,100,000	$120,000 – $150,000	Regular View	2+1
6,800,000-10,200,000	$200,000 – $300,000	Luxurious Finishing	2+1
5,780,000-8,500,000	$170,000 – $250,000	Full-service Residential Complex	2+1
2,720,000-4,080,000	$80,000 – $120,000	Apartment in an Old Building	2+1

 

Cheap Apartments for Sale in Istanbul Turkey

Our real estate company offers affordable and mid-priced apartments for those with limited budgets, in areas that are no less important than luxurious ones, with differences in the level of additional services and views.

Here are the top areas where you can find cheap apartments in Istanbul:

1. Esenyurt

A commercially vibrant area on the European side of Istanbul, one of the places offering numerous job opportunities for foreigners and affordable real estate prices.

It boasts an excellent transportation network, especially with the addition of the new Esenyurt Metro, which increased the area’s importance in the real estate market.

You can find apartments priced between $60,000 to $120,000 for 1+1 or 2+1 apartments, with prices varying depending on the age of the building and the level of finishes. The area includes many parks suitable for children and families.

2. Avcilar

A distinguished area on the European side, overlooking the sea and offering moderate prices. It is known for its beach with beautiful tiled houses and the Snow Museum with its stunning ice sculptures. Apartment prices start at $120,000 and increase depending on the aforementioned factors.

3. Silivri

A coastal area on the outskirts of European Istanbul, relatively far from the center. Therefore, you might find prices starting from as low as $50,000. The area is quiet and features the "Population Exchange" Museum, which highlights historical glimpses of Turkish and Greek people's lives.

4. Bahcesehir

Known as the "City of Gardens," it features landmarks such as Golet Lake, the largest artificial lake in Turkey, Akbati Mall, and Aqua Dolphin Water Park. It is a modern area with new projects catering to all budgets. Apartment prices start at $150,000 and can reach $400,000 for larger apartments.

5. Maltepe

One of the most beautiful coastal areas on the Asian side of Istanbul, with excellent service facilities, including shopping centers, hospitals, parks, cultural, and entertainment centers. Prices for 1+2 apartments start from $155,000.

6. Beylikduzu

A modern and fast-growing area on the European side, known for its abundance of educational institutions, including Fatih University, Beykent University, and Okyanus University, as well as prominent malls like Marmara Park Mall.

It offers apartments priced between $120,000 to $250,000 for 2+1 or 3+1 apartments, depending on the size of the apartment and available services in the residential complex.

7. Kucukcekmece

Located near Kucukcekmece Lake on the European side, this area is a prominent tourist destination thanks to the lake, especially for lovers of archaeological caves, such as the Yarimburgaz Cave connected to the lake.

The area’s beach is dotted with gardens and family seating areas, and it also features the distinctive Classic Cars Museum. Apartment prices here start at $130,000 and can reach $250,000 depending on the apartment size and its proximity to the breathtaking lake.

8. Basaksehir

Basaksehir is one of Istanbul’s rapidly growing districts, attracting investors with its modern infrastructure and strategic location. Known for its green spaces and large residential complexes, Basaksehir offers a blend of urban convenience and suburban tranquility, ideal for families and professionals.

The district's proximity to Istanbul Airport and major highways enhances its appeal. Its real estate market features high-rise apartments and luxury villas, with prices appreciating steadily due to new projects and developments. Basaksehir is also known for its quality educational institutions and healthcare facilities.

9. Sariyer

Sariyer, a coastal district on Istanbul’s European side, is renowned for its stunning Bosphorus views and lush landscapes. Known for upscale neighborhoods like Tarabya, Zekeriyaköy, and Emirgan, Sariyer attracts luxury homebuyers seeking privacy and scenic beauty.

The district offers a range of properties, from modern apartments to expansive waterfront mansions. Proximity to elite schools and business centers also makes it popular among families and professionals. Sariyer’s strong social scene, with charming cafes and historical sites, enhances its desirability, creating a dynamic and sought-after real estate market.

Luxury Apartments in Istanbul

For those looking for luxury residences for sale in Istanbul with premium specifications and large budgets, the city offers several areas that have created a stunning modern visual and cultural identity. These areas feature luxurious residential complexes, most of which are near the sea, gardens, lakes, and forests, as well as malls and advanced amusement parks. Here are some of the most important luxury apartment areas in Istanbul:

1. Nisantasi

Considered one of the most prestigious areas in Istanbul, it is home to luxury brand stores and the beautiful Macka Park. It is a preferred destination for shopping and a hub for fashion, culture, and arts, elevating the living standards of its residents. Apartment prices here start from $500,000 and can reach millions of dollars for large apartments or luxury villas.

2. Kadikoy

A blend of traditional and modern urban development on the Asian side, known for its bustling markets, especially the fish market and fresh produce stalls. It also hosts a branch of Marmara University and many historically attractive mosques and churches. It features luxury residential towers with apartment prices starting at $180,000.

3. Besiktas

A luxurious neighborhood close to the sea, where apartment prices start from $400,000 and can reach up to a million dollars or more, especially for apartments overlooking the Bosphorus. One of its most famous neighborhoods is Ortakoy, known for its magnificent European architecture and its many cafes and stalls that bring life to the area around the clock.

4. Uskudar

A vast residential area on the Asian side, popular among those seeking apartments in Istanbul. It includes neighborhoods near the sea and others with a quiet village-like character. The area has witnessed significant real estate activity, especially in luxury towers, with apartment prices starting from $500,000.

5. Sisli

A bustling and upscale commercial area bordering the Bosphorus, close to the famous Taksim area on the European side of Istanbul. This area is home to many embassies and consulates, and elegant diplomat residences. The price for a 2+1 apartment here can reach up to $1.5 million.

Tips on How To Buy an Apartment in Istanbul

Those looking for apartments for sale in Istanbul should consider the following tips:

1. Look for new projects  

Developers often offer significant discounts for new projects or apartments sold off-plan. You can even get an apartment with easy installment options through these projects.

2. Ensure a good transportation network  

 Make sure the apartment is close to public transportation, such as metro stations, as this increases the apartment’s future value if you plan to invest in it.

3. Check legal documents  

   Ensure all legal documents for the apartment are in order, and hire a trusted real estate lawyer for assistance.