We will further explore the prices of apartments in the Asian side of Istanbul and the factors that characterize this diverse market and from charming cultural attractions to advanced infrastructure, we will take a comprehensive overview of recent developments in apartment prices, and how owning an apartment in this part of the city is an attractive option for investors and those looking for homes that combine luxury and comfort.
Advantages of owning apartments in the Asian side of Istanbul
- The Asian side of Istanbul shines with its unique historical character, as it is the founding place of the city and the source of its refined civilization and apartments for sale in this part of the city represent an investment of significant investment value, as they guarantee the investor a gradual increase in capital.
- Istanbul Asian real estate and Asian section apartments are very suitable in terms of prices and the nature of the diversity and multiplicity of apartment areas for sale in this part of the city provides various options for investors, whether in terms of apartment spaces or architectural designs.
- The residential areas on the Asian side of Istanbul are characterized by a strong, developed and integrated infrastructure, which enhances investment attractiveness and provides a sustainable environment for residents and in this context, there are many modern residential complexes that were designed using the latest international earthquake-resistant technologies and enjoy a high level of luxury and sophistication.
- By finding apartments for sale in the Asian side of Istanbul worth 400,000 US dollars, you can obtain Turkish citizenship and a Turkish passport and enjoy the rights of Turkish citizens.
- You can obtain real estate residency in Turkey by purchasing a property in Turkey worth 200 thousand US dollars
The best areas to buy apartments in the Asian side of Istanbul
Let's get to know together the most popular areas for buying apartments in the Asian side of Istanbul:
Apartments for sale in Uskudar:
- The Uskudar area represents a safe and exciting haven for real estate investment and it is located on the Asian side of Istanbul and is characterized by wonderful views, part of which extends over the hills, while the other part overlooks the famous Bosphorus Strait and this unique geographic consistency lends a special charm to its properties, with unique elevations and landscapes, innovative architectural designs, and the use of high-quality building materials.
- From the inside, the Uskudar area shines with its luxurious décor and charming views, making it an attraction for investors and entrepreneurs and the real estate market in this region offers a wide list of diverse options for investors, providing a variety of specifications and prices.
- Real estate prices in Uskudar are relatively reasonable, even with its strategic location, still comparable to real estate markets in some European countries and the advanced infrastructure plays an important role in enhancing the value of the region, as an integrated network of transportation forms an effective link between Uskudar and the rest of the areas located in the Asian side of Istanbul.
Apartments for sale in Umraniye:
- The Umraniye area is one of the best areas to buy apartments in Asian Istanbul, as it includes luxury real estate projects that give its residents a unique opportunity to live in an atmosphere of tranquility and luxury, away from the hustle and bustle of daily life.
- It is worth noting that real estate prices in the Umraniye area are relatively high, but this is ideally proportional to the luxurious services and benefits it offers
- The Umraniye area is characterized by the availability of various means of transportation, which makes it easy for its residents to move between it and the rest of Istanbul.
- The region's advanced structural system enhances this experience, as the highway and metro line pass next to it, in addition to the availability of public transportation such as buses and sea ferries.
Apartments for sale in Kadikoy:
- Kadikoy region plays an important role in determining future value, especially when it comes to real estate investment and this location, which is located in the Asian side of Istanbul, has great appeal for investors, especially Arabs, which may make it top the list of the best areas of Istanbul for real estate investment in the future and many people prefer to live in an environment full of luxury and development, and this is what Kadikoy provides in a distinctive way.
- The Kadikoy region has a very advanced infrastructure and is advanced in transportation, with railway services and other public transportation and this makes it easy to get around and travel to Central and Eastern Europe, in addition to the presence of sea transportation such as ferries and ships.
- Kadikoy includes many service facilities such as schools, universities, hospitals and medical centres, making it an ideal place to live and invest. In addition, it constitutes a distinctive tourist destination.
Which is better to buy apartments in Istanbul, the Asian or European side?
Istanbul is considered a unique city because of its distinctive geography, as it is divided into two main parts: the European part and the Asian part and both parts have their own advantages, and the choice between buying in the Asian or European part depends on several factors that differ from one person to another.
Buying apartments in the Asian side of Istanbul:
- The Asian part is considered quieter and quieter compared to the European part, making it suitable for those who want a quiet environment.
- The Asian part of Istanbul has cultural and demographic diversity, making it a lively and civilized place.
Buying apartments in the European side of Istanbul:
- The European part is a center for nightlife and shopping, with modern areas and mega malls.
- The European part contains many historical and cultural monuments, such as Taksim Square and Sultanahmet.
Factors affecting apartment prices in the Asian side of Istanbul
- Upscale neighborhoods and locations close to transportation and services often see higher prices.
- Areas experiencing urban development and improved infrastructure may see an increase in demand for real estate and thus an increase in prices.
- A lack of supply versus high demand can lead to an increase in prices, especially if there is a high demand for real estate.
- Changes in government policies and laws related to real estate can affect the real estate market and contribute to determining prices.
- High inflation and loan interest rates can lead to an increase in the cost of purchase and thus an increase in apartment prices.
- General economic conditions, such as economic growth or recession, can affect the stability of real estate prices.
- The presence of facilities such as schools, hospitals, and shopping malls in the surrounding areas can positively impact the property value.
- The launch of large real estate projects may affect supply and demand in the region, leading to either a rise or fall in prices.
- Global economic influences, such as global financial crises, can be reflected in the Istanbul real estate market.
In conclusion, it appears that apartment prices in the Asian side of Istanbul are affected by a wide range of factors and it is important to understand that the real estate market is not only limited to economic factors, but also intertwines with government, infrastructure, demand and supply factors and looking at the Asian side of Istanbul real estate market requires a comprehensive analysis of these factors and the challenges it faces.
Istanbul is likely to remain a magnet for investors and buyers alike, but the complex interactions between the aforementioned factors make the market outlook uncertain and investors and buyers should take these factors into consideration and look for opportunities that fit their financial needs and strategies.
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