{"id":21471,"date":"2023-06-22T11:55:58","date_gmt":"2023-06-22T11:55:58","guid":{"rendered":"https:\/\/firstistanbul.com\/?p=21471"},"modified":"2023-07-24T08:07:11","modified_gmt":"2023-07-24T08:07:11","slug":"best-areas-in-istanbul-for-real-estate-ownership","status":"publish","type":"post","link":"https:\/\/firstistanbul.com\/blog\/investment-in-turkiye\/best-areas-in-istanbul-for-real-estate-ownership\/","title":{"rendered":"Best areas in Istanbul for real estate ownership"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The real estate options in Istanbul are diverse, spanning between the European and Asian sides, along the Black Sea and the Sea of Marmara. Here are some of the best areas in Istanbul for real estate ownership, along with their specifications and how they differ from residential areas:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Esenyurt:\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Esenyurt tops the list as one of the most popular areas for real estate ownership in Istanbul. According to official statistics from the Turkish Statistical Institute, it witnessed the sale of 36,315 properties in 2022. Located in the suburbs of European Istanbul, it is surrounded by neighborhoods such as Beylikduzu, Bahcesehir, and Avcilar. Esenyurt is popular among Arabs and foreigners and is considered a major destination for real estate ownership in Turkey due to its relatively lower property prices compared to central areas. Some reasons for its popularity include:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is approximately 25 kilometers away from the city centers like Taksim and Fatih.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It does not have many tourist attractions despite its proximity to the Sea of Marmara.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The metro has not reached the area yet, but a project has started, and the first section named &#8220;Esenyurt-Mahmutbey&#8221; will be opened in 2024.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The population of the area is approaching one million, making it one of the largest areas in Istanbul in terms of population, out of a total population of around 16 million in Istanbul. Esenyurt is an important area in Istanbul, with notable features such as the &#8220;Cumhuriyet Street&#8221; that leads to the Beylikduzu area, known for its restaurants. It also has many hospitals, clinics, schools, including Esenyurt University, private universities, and large shopping centers like Marmara Park and City Center.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Buyukcekmece:\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Located on the western side of Istanbul, Buyukcekmece is known for its beach on the shores of the Sea of Marmara, along with the Sultan Suleiman the Lawgiver (Suleymaniye) Bridge that connects both sides of the sea and the lake. Buyukcekmece is home to several tourist, historical, and natural landmarks, including the Suleymaniye Bridge, Suleymaniye Mosque, Sultan Suleiman the Lawgiver Boulevard, Kuruce\u015fme Inn, and Mimar Sinan Beach. It also features hospitals, schools, universities, shopping centers, and various independent villas or residential complexes. Some notable projects and residential complexes in Buyukcekmece include:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Yesilyaka.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Marina 24.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">First Avenue.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sea Palm.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Dia Mare.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Dia Bella.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Hilal Hill.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Casablu Istanbul.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Misk Gardens Villas.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Misk Villa.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Flamingo Blue.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Zeytinli Koy.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Elmas Konaklari.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Beylikduzu:\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Located on the coast of the Sea of Marmara to the south and the E-5 highway to the north, Beylikduzu is surrounded by Buyukcekmece, Esenyurt, and Avcilar. Beylikduzu is known for its wide green spaces, including the government project &#8220;Valley of Life,&#8221; which extends over an area of one million square meters.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The area includes the second-largest marina in Istanbul, with a capacity of 500 yachts, and it is rich in healthcare, educational, and recreational services, in addition to transportation networks, making it a distinctive investment hub that has attracted contractors to build residential complex projects in recent years. Some of these projects include:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Karat Beylikduzu.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reference Beylikduzu.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Alya Mercan.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Casamarin.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mabeyn Marmara.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Alya Marin.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Villa Alya Bella.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Lotus Istanbul.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sehri Beyaz.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Basaksehir:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Turkish government is working to make Basaksehir the new center of Istanbul, and this is evident through prominent government attention and the opening of major vital and development projects in the area, such as Basaksehir Medical City, the largest botanical garden in Turkey and Europe, and Basaksehir Square. Istanbul International Airport is also located in the Arnavutkoy area near Basaksehir, and there is an extension of the Istanbul Canal project within the region.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Basaksehir is located in the center of the European part of Istanbul and separates its cultural and tourist centers from its suburbs. It is surrounded by Arnavutkoy, the Black Sea, Kucukcekmece Lake, Bahcesehir, and Bagcilar.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Basaksehir is known for its extensive green areas, especially the famous Green Valley, and it is considered a conservative area, which attracts many Arab families to it.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Experts believe that the reason for the government&#8217;s choice of Basaksehir as a new center for Istanbul is that it is located within the safe green zone, far from earthquake faults and tremors, and it contains many hospitals, schools, universities, shopping centers, and several residential complexes such as:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Basaksehir Square.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Europe Konutlari Basaksehir.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Basakport.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Elite Garden.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Istanbul 3.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Boutique Panorama.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tual Bahce Kent.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Basaksehir Eurasia.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Basaksehir.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Kucukcekmece: The area gained significant importance following the Turkish government&#8217;s announcement of its selection as the starting point for the &#8220;Istanbul Canal&#8221; project, which will connect the Sea of Marmara and the Black Sea through Kucukcekmece Lake.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The area is known for its family-oriented character, as it embraces vast green spaces, in addition to entertainment and tourist activities, especially around the lake. It offers all types of transportation, which has contributed to massive urban development in the area, including dozens of residential complex projects such as:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tema Istanbul.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Centric Istanbul.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bizim Mahalle.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mostar Atakent.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Modern Yaka.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bizim Eveler 10.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kagithane:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The region is witnessing the widest government urban development project in the country, which has prompted the Turkish government to encourage property ownership and investment in it by exempting property buyers from a 4% title deed tax.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kagithane is adjacent to the central areas of Istanbul and is surrounded by the Belgrade Forest and the Black Sea, including areas such as Sisli, Maslak, Sariyer, and Fatih. The urban development works in the area have included the infrastructure, such as the historical river course, main and secondary roads, as well as the increase in the number of hospitals, schools, and universities, including the Atlas Istanbul University. It also includes major commercial centers and residential and commercial projects, including:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Genyap Link.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Hip Residence.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Valley Panorama Eyup.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Resim Modern.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Maslak:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Maslak is located along the shores of the Bosphorus in central Istanbul and extends to the Sariyer district. It is considered the main commercial nerve center of Istanbul, as it is home to major Turkish, Arab, and international companies.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Maslak boasts luxurious infrastructure as one of the most important centers in Istanbul, with hospitals, schools, universities, shopping centers, and extensive transportation options. It includes residential and commercial complexes, such as:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Maslak 42.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">As Maslak.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Prominent Asian Istanbul areas for real estate ownership:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Uskudar:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Uskudar is one of the oldest historical areas in Istanbul, located on the shores of the Bosphorus near the Sea of Marmara. It is rich in ancient heritage buildings.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Uskudar is adjacent to the Kadikoy area, the Bosphorus Strait, Beykoz, and is famous for being the main commercial nerve center of Istanbul, as it houses major Turkish, Arab, and international companies.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Uskudar has a luxurious infrastructure due to its importance as a center in Istanbul. It includes hospitals, schools, universities, shopping centers, residential complexes, and commercial projects, such as:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Emaar Square.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Nida Park Cengelkoy.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Kadikoy:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kadikoy is one of the most prominent tourist areas in Istanbul and is famous for its popular Baghdad Street.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kadikoy extends along the Sea of Marmara and is bordered by the forests of Aydos, Atasehir, and Maltepe. It includes a port and the IDO maritime station, in addition to the famous Moda Street and the Bostanci area. It also houses the historic Haydarpasa train station. Some of the prominent real estate projects in Kadikoy are:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mesa Koz.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Elite Concept.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Evim Park.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Atasehir:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Atasehir belongs to the Umraniye district in Asian Istanbul and has been chosen by the Turkish government to be the location of Istanbul International Financial Center, scheduled to open this year.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Atasehir is located in Asian Istanbul and is surrounded by the areas of Uskudar, Kadikoy, Beykoz, and Maltepe. It has a strong infrastructure, including roads, bridges, hospitals, clinics, schools, universities, shopping centers, and residential complexes.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kartal:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kartal has a prime location in central Asian Istanbul, near the Princes&#8217; Islands and along the shores of the Sea of Marmara. It is surrounded by the Aydos Forest, the Sea of Marmara, Maltepe, and Kadikoy.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kartal is classified as one of the beautiful tourist areas in Turkey and is full of service facilities. It features dozens of modern residential complexes with striking designs. It is known for its well-organized roads, modern infrastructure, and the presence of major hospitals, schools, and universities. Some of the prominent residential complex projects in Kartal are:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Versus Dragos.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Kartal Wings.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">VN Kartal.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Asfor Kartal.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">How do investment areas differ from residential areas?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Residential areas in Istanbul are required to be surrounded by public services such as hospitals, schools, shopping centers, and transportation means, such as Esenyurt, Beylikduzu, Buyukcekmece, and Kucukcekmece.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Investment areas, on the other hand, should be close to highways, government development projects, and metro stations, such as Basin Ekspres, Sisli, Maslak, Kagithane.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, this does not mean that buying property in a residential area is a losing investment. The profits may be lower compared to the returns from buying property in an investment area.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The real estate options in Istanbul are diverse, spanning between the European and Asian sides, along the Black Sea and the Sea of Marmara. Here are some of the best areas in Istanbul for real estate ownership, along with their specifications and how they differ from residential areas:\u00a0 Esenyurt:\u00a0\u00a0 Esenyurt tops the list as one [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21628,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141,145],"tags":[173,172,171],"class_list":["post-21471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-in-turkiye","category-real-estate-news","tag-istanbul-real-estate","tag-real-estate-areas-in-istanbul","tag-real-estate-investment-in-turkiye"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/posts\/21471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/comments?post=21471"}],"version-history":[{"count":1,"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/posts\/21471\/revisions"}],"predecessor-version":[{"id":21472,"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/posts\/21471\/revisions\/21472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/media\/21628"}],"wp:attachment":[{"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/media?parent=21471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/categories?post=21471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/firstistanbul.com\/wp-json\/wp\/v2\/tags?post=21471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}