Choosing the right area while buying a new apartment in Istanbul

In Istanbul it is a challenge to find a new apartments as there are many illegal agencies who cheat...

  • Created At: 07 Apr 2020
  • Updated At: 05 Feb 2021
  • Category: General
  • Views: 775

Do you intend to own an apartment in Istanbul and have no idea which area you should invest in?

In this article we will provide you some meaningful guidelines which would help you to choose the prime location according to your requirements in Turkey. This article would help investors from getting manipulated from different real estate companies who simply care about their benefit and profit instead of thinking about necessities of the investor.

First of all, we should know that Istanbul is a very huge city having 39 districts and every district is having every facility i.e., medical facility, local and international schools, shopping centers, universities, pharmacies etc.

Now let’s talk about the right area in Istanbul when it comes to investment in turkey. It’s suggested to go for City Center, Maslak, Sultan Gazi, Eyup, Basaksehir, Basin Express, Bahcesehir, Esenyurt, Beylikdüzü, Buyukcekmece. People usually prefer apartments in Taksim, Sultanahmet and Fatih, however, the disadvantage of these area is that there are no new apartments within compounds and they cost a fortune. So, we suggest projects which are located near the center of the city and having all the facilities.

Maslak:

Maslak is a newly arising area and it is considered as one of the most beautiful contemporary area in Istanbul and literally suitable for business. Many Turkish and international companies have offices in Maslak especially bank branches. Because of its adjacency to center of Istanbul, Bosphorus and Belgrade forest, this area is on a very meaningful location. Entertainment such as Isfanbul is famed as one of the largest game city for the children in Europe.

The disadvantage of this area is, limited choice for transportation, it is reachable by bus but there is no metro in this area till now.

Average price of a medium apartment: 955,594 TL

  

Ghaziosmanpasa:

It is considered a very modern area closer to the old city, Bosphorus & Belgrade forests. The Istanbul canal and its proximity to Istanbul’s third airport and good transportation infrastructure made it a jewel among Istanbul regions. It’s near to Venice Mall, many international school and Universities.

The disadvantage of this area is that there are random buildings in this area and only one metro station in the area.

Average price of a medium apartment: 700.000 TL

Basin Express:

It is located near to Florya and Bakirkoy. Basin Express is located between two international highways, E5 & TEM, which makes this area a prime location especially for businessmen. The area has grown rapidly because of its location, it has two very important commercial centers, 212 OUTLET & mall of Istanbul, metro line and two international universities.

The disadvantage of this area is the high price per meter in this area as compared to the surrounding areas and presence of many random buildings in addition to large number of industrial plants.

Average price of a medium apartment: 700.000 TL

Do you still have any query regarding rest of the Istanbul, or have you set your goal and would like to see which projects are right for you?

Do not hesitate to contact us to provide you with valuable real estate advice free of charge.

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