Advantages of buying an apartment in Istanbul 2023
Istanbul is a major destination for buying real estate and apartments, especially for those who want to build a future investment in the real estate sector. All indicators confirm the validity of this step-in light of the urban growth that it is witnessing and the economic importance that it is known for.
If you have any questions about the topic of buying an apartment in Istanbul, do not hesitate before following this article with us to the end.
What do you know about the advantages of buying apartments in Istanbul?
There are many advantages of buying an apartment in Istanbul. Here are just a few.
- You'll be able to live in a world-class city.
- You'll have access to excellent transportation, education, and healthcare.
- You'll be able to enjoy the city's vibrant nightlife and culture.
- You'll be able to take advantage of the city's many shopping and dining options.
Steps to buying real estate in Istanbul:
It cannot be argued that buying a property or an apartment in Istanbul is not subject to the many complicated policies imposed by other countries such as European countries, but in return, this does not mean that the matter is random, but rather it must be organized so that you can get the results that suit you and that you hope to reach.
Through the following paragraph, you can learn about the most important steps that you must take when looking for apartments for sale in Istanbul:
1 - The first step to buying an apartment in Istanbul is to do your research. You need to know what you’re looking for and what you can afford. Look at different neighborhoods and compare prices.
2 - Once you’ve done your research, it’s time to find a real estate agent who can help you find the right apartment. Make sure to interview several agents before choosing one.
3 - If you’re not paying cash for your apartment, you’ll need to get a loan from a bank. Start by getting pre-approved for a loan so that you know how much you can borrow. Then, compare interest rates and terms from different banks before choosing one.
4 - You need to decide which part of the city you want to live in. Consider the commute, the schools, the amenities, and the safety of the neighborhood.
What makes Basaksehir a major destination for buying apartments in Istanbul?
Basaksehir is one of the most livable areas in Istanbul with its rich social infrastructure, easy transportation, and great location. Families with children are especially fond of this area for its many green spaces and parks.
Here are some of the advantages of buying an apartment in Basaksehir:
- You can find apartments in all price ranges in Basaksehir. Whether you are looking for a luxury apartment or a more affordable option, you will be able to find something that fits your budget.
- Basaksehir is a very safe and family-friendly area. If you are moving to Istanbul with your family, this is definitely an area you should consider.
- There are many schools and hospitals in Basaksehir, so you will have everything you need close by.
- The transportation in Basaksehir is excellent. You can easily get around by public transport or by car.
- Basaksehir is a very green area with plenty of parks and open spaces. If you love nature, you will feel right at home.
What are the reasons for the great demand for apartments in Beylikduzu?
Some of the advantages of buying apartments in Beylikduzu are listed below:
- The prices of apartments are relatively cheaper when compared to other areas in Istanbul.
- There is a huge expat community in Beylikduzu which makes it easier to find friends and socialize.
- The area is well connected to public transport with multiple bus and metro lines.
- There are many green spaces and parks in Beylikduzu which makes it a great place to live for families with children.
- There are many new developments being built in the area so there is a wide range of choice when it comes to apartment types and prices.
Advantages of real estate in Kadikoy Istanbul?
Kadikoy is a central district located on the Asian side of Istanbul. It is one of the most popular areas for apartment buyers in Istanbul, as it offers a wide range of apartments for sale. Kadikoy has many different types of apartments available, from luxury to budget-friendly options.
Some advantages of buying an apartment in Kadikoy include:
- Kadikoy is a central district, meaning that it is well-connected to other parts of the city. This makes it a great option for those who want to be close to the city center.
- Kadikoy has a wide range of apartments available, so buyers are sure to find something that meets their needs and budget.
- Kadikoy is home to many parks and green spaces, making it a great place to live for those who enjoy spending time outdoors.
The importance of buying an apartment in the Esenyurt area:
The advantages of buying an apartment in Esenyurt are many, but some of the most notable ones include:
- Esenyurt is still relatively undeveloped compared to other districts in Istanbul, meaning that prices are still relatively low. This makes it a great place to invest in property.
- The district is well-connected to public transport, with multiple bus lines and a metro station.
- There are many new construction projects underway in Esenyurt, so there is a lot of potential for capital appreciation.
- There are already many shops and restaurants open in the district, and more are opening all the time. This makes it a great place to live for those who want all the conveniences of city life without having to live right in the center of Istanbul.
Advantages of buying an apartment in Istanbul Sariyer:
The Advantages of Buying an Apartment in Sariyer are:
-The location is excellent. It is situated in the European side of Istanbul and provides stunning views of the Bosporus Strait.
-It has a very low crime rate.
-The cost of living is relatively low when compared to other areas in Istanbul.
-The infrastructure is very good. There are many hospitals, schools, and shopping malls in the area.
-The apartments are spacious and well-designed.
What are the advantages of buying apartments in the Uskudar area?
Uskudar is a lovely, historic district in Istanbul, and it's becoming increasingly popular with foreign buyers. Here are some of the advantages of buying an apartment in Uskudar:
- The location is excellent, with great views of the Bosphorus and easy access to the city center.
- It's a very safe area, with low crime rates.
- The prices are still relatively affordable compared to other parts of Istanbul.
- There is a wide range of property types available, from old Ottoman mansions to modern apartments.
These were the most important areas available to you to search for apartments for sale in Istanbul, and the real estate market in that city is still one of the richest in the world
If you decide to buy an apartment in it, you can request the complete list of areas to look at it to decide which one is best for you and your goals.
The most important types of apartments in Istanbul:
As we mentioned earlier, the city of Istanbul contains a large and important real estate diversity that suits almost all tastes, so you should look at the most important options available before buying to ensure that you chose the best for you.
1 - Advantages of buying apartments in residential complexes in Istanbul:
- You can find many different types of apartments in one place.
- The buildings are usually new and have modern amenities.
- The buildings are designed to be safe and secure.
- There is usually someone on staff 24 hours a day to help with any problems that you may have.
- The buildings are usually located in desirable areas.
2 - Advantages of buying studio apartments in Istanbul:
Some of the advantages of buying studio apartments in Istanbul are that they are often more affordable than larger apartments, they require less furniture and maintenance, and they can be a good investment. Studio apartments in Istanbul can also be a good choice for people who want to live in the city center but do not need a lot of space.
3 - Importance of buying penthouses in Istanbul:
Penthouses in Istanbul offer a number of advantages, including:
- Privacy: Penthouses are typically located on the top floor of a building, offering privacy and seclusion from the hustle and bustle of the city below.
- Spectacular views: Penthouses typically have large windows that offer stunning views of the cityscape.
- Luxurious features and finishes: Penthouses are often finished to a very high standard, with luxurious features such as private pools and terraces.
- Investment potential: Istanbul is a rapidly growing city, and penthouses are in high demand. As such, they offer excellent investment potential for buyers looking to rent or sell in the future.
4 - Advantages of buying duplex apartments in Istanbul:
There are many reasons to buy a duplex apartment in Istanbul. As the city continues to grow, prices for apartments are rising. This makes duplexes a great investment, as they will likely appreciate in value over time.
Duplexes offer more space than a traditional apartment, as they are two stories. This can be important for families or those who work from home and need a separate office space. Additionally, duplexes often have balconies or terraces, providing residents with an outdoor space to enjoy.
Another advantage of owning a duplex is that you can rent out the other unit. This can help offset the cost of your mortgage and provide you with income.
5 - Advantages of buying triplex apartments in Istanbul:
- There are many reasons to buy a triplex apartment in Istanbul.
- Firstly, they offer more space than a regular apartment, which is perfect for families or those who entertain often.
- Secondly, they often come with extra features and amenities such as private gardens, pools, and gyms.
- Thirdly, they tend to be located in more desirable areas of the city with better views.
- Finally, they are a smart investment as they usually appreciate in value over time.
6 - Advantages of buying villas in Istanbul:
There are many advantages to buying villas in Istanbul, including:
1. Villas in Istanbul offer a great investment opportunity. The city is constantly growing and evolving, making it a wise investment for the future.
2. Villas in Istanbul are usually larger and more luxurious than apartments, making them ideal for families or those who want more space.
3. Villas in Istanbul often come with private gardens and pools, providing residents with their own private oasis in the heart of the city.
4. Many villas in Istanbul offer stunning views of the cityscape or the Bosphorus Strait.
Is buying apartments in Istanbul at the moment a good idea?
Istanbul is a city on the rise, with a rapidly growing economy and a population that is projected to double by 2050. This growth is attracting investors from all over the world, and the real estate market is booming.
Now is a great time to invest in Istanbul real estate. Prices are still relatively affordable, and there is a lot of potential for capital appreciation. Rental yields are also high, making Istanbul a very attractive investment destination.
Notes when buying apartments in Istanbul
When you intend to search for apartments for sale in Istanbul and this was your first time, there are many important notes and recommendations that you should take into consideration, especially if your goal is real estate investment, because in the end Istanbul is a wide city and differs from other cities and places around the world.
1 - When you are buying an apartment in Istanbul, one of the most important tips is to choose a small or medium space. The reason for this is that apartments in Istanbul tend to be very expensive, and you want to make sure that you are getting the most for your money.
2 - Istanbul is a huge city, and it can be tough to get around without a car. But if you choose an apartment close to transportation, you'll have an easier time getting around. And if you're buying an apartment in Istanbul, that's one of the most important tips to keep in mind.
3 - Istanbul is constantly changing, and newer properties are in high demand. Not only will this make it easier to sell in the future, but you’ll also have access to better amenities and facilities.
4 - Hotel apartments are a great option for people who want to invest in Istanbul real estate. These types of properties are usually located in prime areas and offer a number of benefits, such as:
- Hotel apartments can be rented out to tourists or business travellers, providing a steady stream of income.
- Due to their popularity, hotel apartments typically have high occupancy rates throughout the year.
- Hotel apartments often come with a range of luxury amenities, such as swimming pools, gyms, and spas.
This is the most important information you need to know about the real estate market in Istanbul, which was presented to you by the editorial team at Indoor Real Estate.
And if there are more questions about this topic or any other aspect of the Turkish real estate market, do not hesitate before contacting our consultants to be with you on your real estate journey from start to finish
For more details about the real estate market in Turkey, always visit our website.