We will closely explore real estate prices in European Istanbul, focusing on the key factors that play a crucial role in shaping this diverse market and we'll take a look at economic and cultural influences, and how urban developments contribute to determining property values and we will also shed light on current trends in demand and supply.
Reasons to buy real estate in the European side of Istanbul
- Istanbul brings together East and West, and is a meeting point between diverse cultures and the strategic location contributes to enhancing attraction for investors and residents.
- The real estate market in the European side of Istanbul offers great diversity, where luxury apartments, luxury villas, and modern residential projects can be found, allowing investors to choose the option that suits their needs.
- European Istanbul is witnessing continuous improvements in its infrastructure, which enhances daily life and makes properties in this area desirable.
- The real estate market in Istanbul is considered among the active and profitable markets, as it provides various investment opportunities such as daily or monthly rental and opportunities for the property’s value to rise over time.
- Istanbul is distinguished by providing a wide range of services and facilities that meet the needs of the population, including schools, hospitals, public transportation, and commercial centers.
- Istanbul is characterized by a vibrant cultural and entertainment life, as there are historical monuments, museums, restaurants and cafes that reflect its cultural diversity.
- You can obtain Turkish citizenship by purchasing a property in Istanbul worth 400,000 US dollars
- You can obtain real estate residency in Turkey by purchasing a property in Turkey worth 200 thousand US dollars
The best areas to buy real estate in the European side of Istanbul
Below we will learn together about the most popular areas for buying real estate in the European side of Istanbul:
Basaksehir:
- The Basaksehir area enjoys an incalculable strategic geographical location, as it is only about 30 km away from the new Istanbul Airport, which adds exceptional value to the properties available in this special spot and this distinguished location reflects special attraction for investors and shoppers.
- The area is characterized by a superior level of service that exceeds expectations, as it includes all service facilities with the highest quality standards and among its prominent features is the presence of Cham and Sakura Hospital, which are considered the largest medical city in the continent of Europe, which enhances the level of comfort and reassurance for residents and investors.
- The properties for sale in Basaksehir are characterized by modern international designs, whether in terms of the use of earthquake-resistant building materials or modern architectural designs and luxurious decorations, which provides a modern and safe residential environment.
- The area adds extra charm with its picturesque green gardens and wonderful views, creating an inspiring and relaxing residential environment, thus, it allows residents and investors to enjoy an exceptional quality of life that combines luxury and picturesque nature in the heart of modern Istanbul.
Beylikduzu:
- Beylikduzu is located only 40 km from the city center and Taksim Square, and it is also 36 km away from the Fatih tourist area, which enhances its attractiveness as a pivotal investment destination.
- Properties in Beylikdüzü provide amazing views of the Sea of Marmara from the southern side, which adds to their exceptional aesthetic value and attractiveness.
- The value of investment in Beylikduzu is increasing day by day due to the increasing demand and intense competition for buying apartments and real estate in this vital area.
- The region has an excellent service structure, providing basic and recreational services at high levels.
Sisli:
- Sisli enjoys a vital strategic location, as it is only 3.2 km from Taksim Square and the city center, and 47.7 km from the new Istanbul Airport, which gives real estate in this region an exceptional competitive advantage.
- Sisli has witnessed remarkable developments in the urban sector, as it has become a guarantee for hundreds of real estate projects that include apartments, shops, and villas with a luxurious level of modernity and internationalism.
- The Sisli area has all the basic and recreational services that residents need, making it an ideal and comfortable residential environment.
- Real estate prices in Şişli are increasing significantly year after year, which indicates an increasing investment value and an increase in capital.
- Sisli has a special tourist character, as it includes tourist gems such as the famous Sisli Mosque and the Ataturk Museum, which adds a unique appeal to the region.
Sariyer:
- The Bosphorus Strait passing next to Sariyer is considered one of the most famous waterways in the world, which enhances the attractiveness of the geographical location of real estate in this region.
- The region has natural beauty that attracts thousands of tourists and residents, making it an ideal place to live or invest.
- Sariyer is home to Rumelihisar Castle and Emirgan Park, which are among the most famous tourist attractions in Turkey, giving a special character to the region.
- Properties for sale in Sariyer are characterized by luxury, sophistication and modern design, with a variety and variety of available property types.
- The Sariyer area has all the necessary services for residents, including hospitals, medical centers, schools and universities, in addition to the presence of large shopping centers, the most famous of which is Istina Park Mall.
Factors affecting real estate prices in the European side of Istanbul
- Properties in Istanbul that are located close to major transportation such as metro lines or highways may be more valuable.
- Properties with great views of the sea or natural landmarks are often more attractive and influence prices.
- Areas that are witnessing significant urban development and include modern real estate projects may witness an increase in demand and prices.
- The presence of well-developed infrastructure, such as schools, hospitals, and transportation, can positively affect real estate prices in Istanbul.
- Increased population or investment demand in the area could push real estate prices higher.
- Changes in market trends, such as increased demand for real estate in Istanbul for daily rental or luxury housing, can affect prices.
In conclusion, the real estate market in European Istanbul reflects the balance between the present and the future, and signs indicate that investing in this region is a favorable option and if you are looking for a luxurious living environment or a successful investment opportunity, the European side of Istanbul remains one of the most attractive and sustainable real estate destinations in the region.
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