When buying an apartment in Istanbul, there are many criterias that you need to know in order to make a good investment. Istanbul is a city that constantly receives immigration. Therefore, the real estate sector in the city is very active. That means that the number of property for sale in Istanbul is always high. So what do you need to know about apartments in Istanbul to buy? You can continue reading our article to learn about these criteria.
How much is a good apartment in Istanbul?
There are no specific budget range for apartments in Istanbul to buy. Prices vary depending on the neighborhood you want to live in and the type of house. One of the most significant issues, when buying apartments in Istanbul, is the price. For this reason, you need to know and analyze the prices of flats for sale in Istanbul very well. If you act this way, you can find apartments with very affordable prices and suitable locations.
In terms of price, regions such as Çekmeköy, Pendik, Maltepe are more affordable. By following the advertisements for apartments for sale in these regions, you can more easily find the apartments in Istanbul to buy with the features you are looking for.
Likewise, Tuzla and Küçükbakkalköy districts, which have new housing projects due to the increase in their population in recent years, are among the places that are advantageous in buying a house.
Which is the best area to live in Istanbul?
Districts with the highest quality of life are Beşiktas, Kadıköy, Bakırköy, Sisli, and Fatih, while the districts with the lowest quality of life are Arnavutköy, Sultanbeyli, Sile, Sultangazi, and Esenler. There are a few criteria you need to know to own a house and makea profitable investment in Istanbul, the apple of the eye of Turkey. Here are the most significant places in Istanbul for real estate investments:
Where do most foreigners live in Istanbul?
Istanbul is a colorful city where citizens from all countries live and the city embrace all races with its metropolitan feature. Especially in recent years, the profile of foreigners has started to rise in the increasing population with immigration.
Esenyurt, the most crowded district of Turkey, where suitable housing for all income groups can be found, flat prices are below the average of Istanbul, and where both branded projects and independent buildings are located, has become the most preferred place by foreigners due to such features.
Esenyurt is followed by Beylikdüzü with 2.608 residences, while the total of the two districts reached 10.513. The number of sales made to foreigners in Esenyurt and Beylikdüzü constituted almost half of the provincial average, 45.4 percent.
To learn more about the average real estate prices in Istanbul and to have professional guidance from Century21 Sinerji Istanbul’s experienced team, you can reach us by clicking here.
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