Which Region of Istanbul Should You Buy Property?

11 July 2019

Are you looking for an Istanbul real estate property? The idea of owning a real estate property from Istanbul, Turkey’s most populated city, raises an important question: “In which region of Istanbul should I buy property?” First it is necessary to mention that Istanbul is the most historical and socio-cultural city of Turkey. It is the city that unites Asian and European continents, with both a European side and an Asian side. The city consists of 39 districts, connected by many main transportation routes and hundreds of smaller streets. If you are looking for a residential or investment-oriented property, we recommend you to narrow down your search criteria with some specific questions.

The Best Districts of Istanbul in Terms of Investment

First and foremost, determining your reasons for buying will help you to focus on the best districts. For example, if you want to be close to the business centre of Istanbul, Maslak and Levent districts will be a good choice for you. However, if you are looking for a family home, you can reduce your options according to your lifestyle, transportation opportunities and your budget. Finally, if you are considering owning a property as an investment, we advise you to consider either the tourism districts (such as Fatih, Taksim etc.) or business centers (such as Maslak, Levent etc.) In short, you need to understand three things, ie, your reason for buying, your budget and your lifestyle.

Choosing the Right Neighbourhoods From Istanbul Real Estate

Once you have decided on the best district to suit your needs, the next step is identify the right neighbourhood for your ideal Istanbul property.  Price ranges change according to district and also by  neighbourhoods. You need to understand what your expectations are from a neighbourhood. For example, do you want to live in a house near the Bosphorous or are you looking for an office for your company near the business centers? Do you want features such as onsite parking, swimming pool or gym? You need to bear in mind that all of these features will affect property prices.

There are many other different factors that you need to consider before entering the real estate property industry in Istanbul, which you may find confusing. If you are wondering about the best place to buy property in Istanbul and want more information or advice about property law, or any other issue you can call or message us. You can also visit our office in Maslak district to chat with a specialist.