Top 10 most promising areas of Istanbul for foreign real estate investment.
AsAlphonse de Lamartine, a nineteenth-century French writer, said:“If anyone is destined to look at the world only once, he should“he should look to Istanbul”
![Top 10 most promising areas of Istanbul for foreign real estate investment.](https://cdn.hatamatata.com/pic/blog/14/34e4a79f122d07d11726731d8fb528ed.webp)
And it's true. The formercapital of the Ottoman Empire is the largest metropolis in the world. Companiesdevelopers are constantly filling the suburbs with new cites, buildings for apartments,shopping centers, offices. A very large percentage of real estate buyersare foreigners.
Istanbul is extremely promising for foreign real estate investment, but still the choice of area should be taken extremely seriously, because the infrastructure, the risk of earthquakes, the number of transportation hubs are different.
According toAccording to various data, the most elite neighborhoods to live in areBeşiktaş(Beşiktaş) and Sarıyer in the European part of Istanbul. And in order toto start a business, you need crowds of tourists, so the choices are usually Ortaköy, Taksim.Ortaköy, Taksim, Sultanahmet and Laleli.(Laleli) If you intend to buyreal estate with the intention of renting it out for residential use, you should choose the neighborhoods of Bey Bey.If you are going to buy real estate for rent, you should choose Beyoglu, Besiktas, Fatih. The mostAtasehir, Beylikdüzü, Kartal,Küçükçekmece. Here, large investors should look at purchasing plots of land or buildings under construction.of land or buildings under construction. Such an investment pays off well. If you decideto move to Istanbul with your family, then you should pay attention to the neighborhoods of Bakırköy.Bakırköy, Kadıköy, Sarıyer districts.
Hata Matatapresents to you a small top 10 - the most promising neighborhoodsof Istanbul.
1. Besiktas
![Top 10 most promising areas of Istanbul for foreign real estate investment.](https://cdn.hatamatata.com/pic/blog/14/f770d0bb146e002402ce95c38b8375bf.webp)
This neighborhood is not only very green and modern, but is ranked by almost all lists as the most promising and expensive. The neighborhood is located on the shores of the Bosphorus, where many commercial and cultural routes of the metropolis converge. The neighborhood is considered one of the safest and most luxurious, so it is favored by celebrities. Many luxury hotels are located here. Transportation is well developed here - dolmushi (shuttle buses), buses.This is the most built-up area of Istanbul with a booming commercial part.
Ortaköy and Ulus are the most suitable for residential real estate investments.are Ortaköy and Ulus. There's also Levent, a paradise forbusinessmen. The most famous buildings in the Levent district are the Istanbul Sapphire skyscraper и Bankası Tower.
Prices in the Besiktas districtfor apartments range from 50,000USD (for small studio apartments) and up to 6-7 mln.USD for luxury housing.
The average is 160,000- 300 000USD
2. Beyoğlu.
![Top 10 most promising areas of Istanbul for foreign real estate investment.](https://cdn.hatamatata.com/pic/blog/14/eec4e1c9d5678213365389f5b35ced13.webp)
Beyoğlu is also considered one of the most prestigious neighborhoods in Istanbul. It is not far fromBesiktas, it is always full of foreigners, European architecture. It's alsothis is where the foreign embassies of many countries are located. Here begins the Galata Bridge, the Tünel subway line.(Tünel).
It was in Beyoğlu at the Pers Palas Hotel that Agatha Christie wrote her famous novel, “Murder in the“Murder in the Oriental Express.
Beyoğlu has the most expensive housing, but demand for it is notthe demand for housing. It's very profitable to buy apartments here not only to live in, but alsobut also for long-term rentals
Prices in the Beyoğlu districtfor apartments range from 40,000USD (for small studio apartments) and up to 1 mln.USD for luxury housing.
On average -100,000 to 200000USD
3. Saryer.
![Top 10 most promising areas of Istanbul for foreign real estate investment.](https://cdn.hatamatata.com/pic/blog/14/14da15f08ef11d6aab7c9e3581b1ec48.webp)
A very expensive neighborhood in the European part of Istanbul,with picturesque views of the Bosphorus. There are many cafes and restaurants here. There areeven beaches (for sunbathing only, swimming is not recommended). Sarıyerincludes Bahçeköy, as well as the shopping district Şişli and the business district Maslak.Maslak (Maslak).For family living is considered comfortable Zekeriyaköy (Zekeriyaköy).(Zekeriyaköy).
Saryer has always been popular with the rich and foreigners. It is heremany famous politicians, actors, musicians have apartments here. Hereextremely developed infrastructure, many parks, stores, restaurants, cafes. Housing here is prestigious and not cheap.
Prices in the Saryer neighborhoodfor apartments range from 40,000USD (for small studio apartments) and up to 2.5 - 5 mln.USD for luxury housing.
On average -250,000- 350 000USD.
4. Fatih
![Top 10 most promising areas of Istanbul for foreign real estate investment.](https://cdn.hatamatata.com/pic/blog/14/e4e19c100b3a2512d105d944e40a0159.webp)
Fatih district is a concentration of the main attractions of Istanbul: Aya Sofya, Topkapi Palace, Süleymaniye and Sultanahmet Mosques, Istanbul Archaeological Museum.
It's a tourist area. Here is the most popularamong Russian-speaking tourists is Laleli. It's also where Eminönü(Eminönü) with its world-famous fish boats.
This neighborhood is more suitable for business in the tourism sectorfor tourism than for housing.
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Prices in the Fatih district forapartments range from 30,000for small studio apartmentsand up to 600,000USD for luxury housing.
On average -350,000- 500 000USD.
5. Kadyköy
![Top 10 most promising areas of Istanbul for foreign real estate investment.](https://cdn.hatamatata.com/pic/blog/14/bfff54b1c52026c38e20a5aebd8e0258.webp)
A prime middle-class neighborhood. Located in the Asianpart of the metropolis near Sabiha Gokcen International Airport. ВEuropean part of the city from here there is a ferry. Kadıköy is not only a family neighborhood, but it's alsothe oldest neighborhood. It includes Caddebostan (Caddebostan), the business quarter of the city, and Kozyatagy (Kozyatagy).Kozyatağı, the modern Moda quarter and Fenerbahçe.(Fenerbahçe, with the local soccer club's stadium. Despite all this it isquite safe, cozy and quiet. There aremany restaurants, bazaars, cafes, shopping centers, and parks.
Real estate here is more expensive the closer you get to the infrastructure and theand the Bosphorus coast.
Prices in Kadıköy districtfor apartments range from 40,000USD(for small studio apartments) and up to 4-5 mln.USD for luxury housing.
On average -250,000-350 000USD.
6. Kartal
![Top 10 most promising areas of Istanbul for foreign real estate investment.](https://cdn.hatamatata.com/pic/blog/14/81d7f34961bd6cb55053f25d017cbb44.webp)
Kartal is a very promising neighborhood in the Asian part of Istanbul. But it is analogous to the rapidly developing Beylikdüzü district in the European part of the city. Kartal is located next to the neighborhoods of Maltepe and Pendik. The district is considered an economy class bedroom community, it is far from the center, but with a well-developed infrastructure with a mass of transport hubs, parks, restaurants, cafes and cafes. In the future it may become a developed cultural and industrial center. Therefore, the neighborhood is densely populated.
Prices in the Kartal areafor apartments range from 25,000USD(for small studio apartments and up to 750,000.USD for luxury housing.
Average -60,000- 85 000USD.
7. Bakyrköy
![Top 10 most promising areas of Istanbul for foreign real estate investment.](https://cdn.hatamatata.com/pic/blog/14/c86dc07846e115a92af9553d7d930ff5.webp)
One of the oldest middle class neighborhoods in Istanbul on the Marmara Sea.It has a well-developed infrastructure, many stores,restaurants, good transportation. In fact, it is one of the most importantresidential neighborhoods for locals, foreignersthere are few foreigners. By neighborhoods the area varies greatly. The best neighborhoods are.of Bakırköy are Ataköy and Florya, the latter of whichis considered a V.I.P. In Florya.is home to gods and celebrities.
Prices in Bakırköy district for apartments range from 40 000USD (for small studio apartments) to 4.5 million USD for elite housing.
On average -100,000- 150 000USD.
8. Beylikdüzü.
![Top 10 most promising areas of Istanbul for foreign real estate investment.](https://cdn.hatamatata.com/pic/blog/14/db1fdb4997124e15deb299f827649375.webp)
Beylikdüzü is an excellentup-and-coming middle-class neighborhood in the European part of the city. There are 3universities, hospitals, parks, schools, playgrounds, family cafes and restaurants.restaurants.
The neighborhood is constantly being completed and developed, new transportation hubs, new affordable housing.transportation hubs, new affordable housing. You can read more about the neighborhood here.
Prices in Beylikdüzü neighborhoodfor apartments range from 12,000for small studio apartmentsand up to 750,000USD for luxury housing.
Average -30,000- 50 000USD.
9. Atasehir
![Top 10 most promising areas of Istanbul for foreign real estate investment.](https://cdn.hatamatata.com/pic/blog/14/a051f1e20a584f5a2b606e39412a8a53.webp)
This neighborhood has everything - both residential high-rise buildings and business offices.Ataşehir is located in the Asian part and is considered to be safe and secure.safe. Therefore, it is often chosen forfamilies with children. Public transportation here is less developed than in the previous districts, but there are many parking lots.previous districts, but there are many parking lots, surface and underground parking lots. This is due to the factdue to the fact that families with private cars mostly live here. As stated above. Distinctive featureAtaşehir are multi-storey houses and there are no single-storey houses at all.
Prices in Atasehir districtfor apartments vary: from 30 000for small studio apartmentsand up to 800,000USD for luxury housing.
On average -100,000- 120 000USD.
10. Küçükçekçekmece.
![Top 10 most promising areas of Istanbul for foreign real estate investment.](https://cdn.hatamatata.com/pic/blog/14/b4317200ce14414f850c19ea53111795.webp)
The district is adjacent to the Barıköy district. It's still indevelopment, new neighborhoods, parks, stores are constantly being built, although the firsthouses started to be built here back in the 80sof the last century. This neighborhood is suitablefor people of all income levels.
Prices in Küçükçekmece districtfor apartments range from 12,000USD (for small studio apartments)and up to 1.3 millionUSD for luxury housing.
Average -65,000- 90 000USD.
*Prices are as of February 2020
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