Istanbul, a city that combines rich history with modern life, has become a major destination for real estate investors worldwide. With its strategic location between Europe and Asia, and continuous economic development, Istanbul is one of the best cities in Turkey to buy apartments. Whether you are looking for a home to live in or seeking real estate investment opportunities, Istanbul offers many options that suit your needs.
In this article, we will explore the best areas to buy apartments in Istanbul, Turkey and their prices in 2024, and how AqarLine can help you make the best decision.
Best Areas to Buy Apartments in Istanbul
- European Istanbul: Beylikdüzü and Başakşehir
Areas like Beylikdüzü and Başakşehir are among the best options for purchasing affordable apartments in Istanbul. These areas are located on the European side of Istanbul and offer various real estate options for investors. Prices in these areas start from about 4,000 Turkish Lira per square meter (around 150 USD).
Beylikdüzü is strategically located close to the sea, and it offers many modern facilities such as schools, hospitals, and shopping centers. On the other hand, Başakşehir is one of the fastest-growing areas in terms of infrastructure, making it an ideal choice for investors looking for long-term returns.
Want to invest in these areas? With AqarLine, you can get professional consultations to help you make the best decision in these promising locations.
- Asian Istanbul: Kadıköy and Maltepe
The Asian side of Istanbul, including Kadıköy and Maltepe, is a great place to buy apartments at affordable prices. As demand for properties in these areas continues to rise, their value increases over time. Prices start at around 3,500 Turkish Lira per square meter (approximately 130 USD).
Kadıköy is one of the most popular areas on the Asian side, offering a vibrant atmosphere and close proximity to modern amenities such as restaurants, cafes, and cultural centers. Maltepe, on the other hand, is an emerging city offering relatively lower prices compared to other parts of Istanbul, making it an ideal place for long-term investment.
AqarLine can help you find the best real estate opportunities in these diverse areas.
- Historic Istanbul: Sultanahmet and Fatih
If you're looking for property in historic and cultural areas of Istanbul, then Sultanahmet and Fatih are the perfect choices. While apartment prices in these areas are slightly higher compared to other areas, they offer unique investment opportunities for those interested in historical properties and high returns from tourist rentals.
Apartment prices in Fatih start from about 6,000 Turkish Lira per square meter (around 220 USD), while prices in Sultanahmet can be higher due to its proximity to major tourist attractions like Hagia Sophia and the Blue Mosque.
Apartment Prices in Istanbul for 2024
In 2024, the real estate market in Istanbul continues to show significant growth in both demand and prices. While affordable apartments can be found in areas that have seen rapid development like Beylikdüzü and Başakşehir, apartment prices in more central areas like Fatih and Eminönü start at around 8,000 Turkish Lira per square meter (about 300 USD) and may rise to 15,000 Turkish Lira in upscale areas.
How to Invest in Apartments in Istanbul
Investing in apartments in Istanbul requires selecting the right location and the best time to invest. Here are some tips for successful investment:
- Look for Promising Locations: Focus on areas experiencing rapid infrastructure development, such as Başakşehir and Beylikdüzü, or popular tourist spots like Antalya.
- Invest in Residential Apartments: Residential apartments are the ideal choice for investors seeking steady rental income.
- Invest in Commercial Properties: You can also consider investing in commercial properties such as shops or offices in high-traffic areas.
With AqarLine, you can get expert advice to help you choose the best investment property based on your goals and preferences.
Conclusion
Buying apartments in Istanbul, Turkey is a long-term investment that allows you to benefit from the city's growing real estate market. With many areas offering affordable prices, investors can find the perfect property to meet their needs. Contact AqarLine today for the best real estate opportunities in Istanbul, and start investing with confidence
