What are the Best Areas To Buy Property In Istanbul?
Many foreigners usually look for the best areas to buy property in Istanbul. This is because Istanbul is among the most excellent cities to buy real estate properties. It is best for rental investments, holiday homes, and residential apartments.
When it comes to buying properties for investment or residential purposes, there are several areas in Istanbul that fit this description.
An expansion of the city’s urban development programme is gradually increasing the real estate footprint of the city. The best areas to invest in Istanbul includes:
Basaksehir (Bahcesehir)
This real estate location in Istanbul is found on the city’s real estate side. Both local and foreign investors swarm this area to get a piece of the market for themselves. Many urban buildings are built to the highest standards.
There are also excellent educational, health, cultural, and social infrastructure in the location. It is the closest real estate location to the famous airport of Istanbul.
Basin Express
Basin Express is another hot property location in Istanbul. It is a link between the TEM highway and E-5. This area is best for the usual buy-and-rent type of property.
Basin Express is very famous for many property investment developments like apartments that are built like luxurious hotels.
The location is close to prime shopping areas like the Istanbul Mall, universities, and hospitals. Basin Express is even a more attractive location because it is proximate to Basaksehir.
Beylikduzu
Beylikduzu is among the hottest and best areas to buy property in Istanbul. Carefully nestled on the outskirts of Istanbul, this is a very beautiful district with wide streets and green areas.
Due to the distance between Beylikduzu and the center of the city of Istanbul, there are many low-cost real estate developments in the area. The area features so many low-cost projects that are easily adaptable.
Beylikduzu is a very popular real estate investment location among property investors. The area is a hot real estate region in Istanbul. However, market watchers have forecast a price increase for properties in the area as soon as the new metro lines are completed.
Zeytinburnu (coastline)
This is among the best areas to buy property in Istanbul. If you are looking for fancy luxurious properties with views of the sea, then Zeytinburnu is your best bet. It is suitable for people looking for a luxurious lifestyle. It can also be used as a good investment location, just as long as you can resell the property to a rich buyer.
The coastal line of Istanbul is the most expensive property area and is usually meant for the elite and wealthy class. Due to its coastline appeal, it is among the best areas in Istanbul for foreign property investors.
Taksim – Mecidiyekoy
This part of Istanbul can be found among some of the oldest districts of Istanbul. This is where you find some of the most expensive properties. This real estate location has luxury residences that have been built in a hotel style.
Taksim – Mecidiyekoy is a walking distance from the upper-class and upscale residential areas like Etiler and Nisantasi. This is a central real estate region that can be accessed from any area.
Maslak- Levent – Kagithane
Maslak can be found on the European side of the city of Istanbul. This is the hub of investment and features one of the biggest areas for property investment in Istanbul.
This is among the most important commercial districts of Istanbul. There is a large number of skyscrapers and ultra-lux residences. Kagithane is becoming popular now since it is located conveniently to Levent and Maslak.
Asian side
The Asian side of Istanbul does not have enough foreigners when compared to the European side. More citizens of Turkey like the Asian side of Istanbul.
Because of a massive collection of developments in the area, real estate prices are expected to increase.
