The city of Istanbul combines the beauty of nature and history with many museums, palaces, and historical structures in a way that captivates visitors from the first time they arrive. It is a big metropolis with around 20 million residents. Istanbul is regarded as a major economic, historical, and cultural center that draws tourists from all over the world, particularly Turks who also live in other cities. If you are considering moving and settling in Turkey and want to acquire a cheap apartment in Istanbul, but the high costs and abundance of possibilities may prevent you from doing so, you have come to the right place. Through us, you can purchase high-quality apartments in Istanbul for the cheapest price possible. We have collected all the details you need to locate the cheapest apartments for sale in Istanbul in this article for your convenience.
Apartments in Istanbul range in price from pricey to medium-priced to cheap. So, we do not imply by "cheap" that the apartment is substandard or that the area is undesirable. It is easy to find cheap apartments for sale in Istanbul; you only need to confirm that some specific standards are met in these apartments, particularly given that Istanbul is a sizable city with easily accessible public amenities and a scattered network of shopping centers, hospitals, schools, and other institutions.
Apartment prices are influenced by a wide range of factors, which we will list in more depth below:
Taking these criteria into account and using an experienced real estate company with great knowledge of the real estate market, you can explore the cheapest apartments for sale in Istanbul.
Absolutely, cheap apartments can be found in Istanbul disticts, which is known for having expensive real estate in comparison to other Turkish cities; however, here are some of the neighborhoods where cheap apartments can be found:
Beylikdüzü distict is situated on the European side and has easy accessibility to other areas because of the comprehensive transit system available in it. Real estate prices in this region are appealing, and it is considered a quickly rising real estate market in Istanbul.
Beylikdüzü is a fantastic option for families because it has lots of commercial centers, hospitals, and schools. The government has given this region a lot of attention, and it now ranks among Istanbul's most upscale and peaceful areas.
Esenyurt district, which is on the European side, has emerged as a popular place to buy real estate, and there are many contemporary residential complexes there with cheap prices and great capabilities.
The Silivri region, which is particularly well-liked by both tourists and Turks, is distinguished by its stunning sea views. There are also many cheap apartments for sale in this popular tourist area.
On the European side as well, it is a peaceful and lovely area, situated on the Sea of Marmara, where restaurants and tourist cafés are dispersed in an incredible way. Real estate prices are thought to be cheaper than in many areas of Istanbul and have a bright future in Turkish real estate investment.
The countryside of Istanbul is the best option if you want to escape the city's hustle and bustle and enjoy the vast green areas, fresh air, unique events, and thrilling family vacations.
The real estate market in Istanbul's countryside is known for its cheap prices. Among the most lovely and reasonably priced residential neighborhoods in Istanbul's countryside are Şile, Ağva, and the Polish village.
Antalya is a city in southwest Turkey that is situated on the Mediterranean coast. It has a temperate climate. Most of the year is sunny, while the winters are mild and wet with temperatures between 18 and 28 degrees Celsius.
You can enjoy the summer and participate in a variety of activities in this city, which is renowned for being the tourist center of Turkey. Antalya real estate is affordable, has cheap apartments for sale, and may be invested in. Investors can benefit spectacularly by renting out their apartments during the tourist season.
It is located in northern Turkey, two hours from the industrial and agricultural center of Istanbul. It offers a lot of high-end residential developments at low costs, which makes it a potential real estate market.
Dalaman is a city on the Mediterranean Sea in southwest Turkey. It has Dalaman International Airport, which arranges direct international flights. Dalaman offers Turkey's most affordable property prices in 2022.
Trabzon is located in northeastern Turkey on the Black Sea coast. It is known as the Pearl of the Black Sea, and it is rich in natural beauty, mystery, and ancient history. There are several affordable housing options in this city. One of the most famous destinations in the Turkish north is the village of Uzungöl, Sultan Murad Heights, Haider Nabi Resort, Sera Gul Lake, Cave of Chal, and Sumela Monastery.
Didim is one of the undiscovered residential areas. It is a tourist destination situated in western Turkey's Aydin Province along the Aegean Sea. The apartment prices are cheap there, and it is a suitable place for living and stability due to its complete calm. The golden sand beach and the Temple of Apollo are two of the most well-known in this area.
Buying a cheap apartment in Istanbul is a kind of investment where you can purchase an old apartment and renovate it and sell it, or purchase an apartment far from the city center at a cheap price without worrying. Given how quickly Istanbul is growing and how much demand there is for real estate, it won't be long before that apartment in the remote region becomes a vital location connected by a strong transportation network.
The fact that essential amenities are accessible throughout Istanbul's areas encourages some people to look for a cheap apartment in a nice neighborhood rather than an expensive luxury apartment for a number of reasons:
The limited budget is one of the main reasons why some people buy cheap apartments, as real estate, no matter how low its price, needs an appropriate amount of money.
Many wealthy people turn to purchasing several cheap apartments in order to reinvest in them and increase their wealth, since successful real estate investing is a simple and secure way to make money over the long term.
One of the most essential reasons for foreigners purchasing property in Turkey is real estate residence permit, which ensures their ability to live and settle legally. Furthermore, you grant all rights to your family members, the spouse and children under the age of 18, including the right to an education and health care, as well as the right to reside in Turkish territory.
Istanbul has several neighborhoods where cheap apartments are available, and with consistent research, you may find something that meets your capabilities. By the way, the prices of cheap apartments in Istanbul begin at $40,000 USD.
Resale apartments are old apartments that have been built for decades and inhabited by many people. These resale apartments may be in good condition or in urgent need of renovation in order to be re-housed.
Resale apartments in Istanbul are apartments that were constructed decades ago in one of Istanbul's areas. These apartments may be found in a complex or a residential neighborhood, and they are distinguished by their affordable prices when compared to the newly built apartments in modern residential complexes.
Buying a new apartment offers numerous benefits, but it also has disadvantages. In comparison to other types of apartments, new ones are typically more expensive and have lengthy monthly payments. On the other hand, it can take some time for apartments that are still being built to be delivered.
Finding a resale apartment in installments is a good option for people on a tight budget because the price in this case is often reasonable and the payment is in manageable installments. Besides, these sales present a fantastic chance for savings.
Buying an apartment in Istanbul is an opportunity to reinvest in real estate in Turkey, whether now or later. With real estate prices constantly rising and a huge demand for it, you may make a lot of money if you sell the apartment after a few years. Moreover, you may gain Turkish citizenship.
The chance to live in Istanbul is one that millions of people look forward to because of the benefits it offers that are unavailable in many other cities across the world.
The most crucial question you should ask yourself before buying a resale apartment is why you want to buy such property in Istanbul or maybe an apartment for sale in Antalya, for example. You must be clear about why you are making the purchase and determine if you want to buy the apartment to invest in Turkey or to live in it. The budget, location, and property requirements may all be determined after you have defined your goal.
Consider all of your alternatives, learn about the many neighborhoods in Istanbul and the benefits of living there, and then pick the one that best reflects your preferences.
There are excellent chances in several parts of Istanbul. For instance, there is the Bahçeşehir district in Istanbul's European side, which is distinguished by its gorgeous setting and whose name, when translated, means "the city of gardens." This region is well known for its refinement, allure, unique beauty, and cutting-edge infrastructure.
There is also the Başakşehir district, which has grown to be one of the most desirable areas for both foreign and domestic investors due to its excellent location in European Istanbul and numerous features that set it apart from other parts of Istanbul. Additionally, there are many suitable apartments in this area at affordable prices for Turkish citizenship.
Real estate companies serve a significant role in connecting investors and real estate owners, and their relevance rests in their comprehensive understanding of real estate markets, legal issues, and the appropriate paperwork, allowing the investor to receive the property he desires while avoiding real estate scammers.
Use a reputable real estate company and attempt to speak with a few customers who have worked with this company to learn more about the company's reputation and its staff's background in the real estate industry.
As a real estate company, we in Damasturk have a large number of qualified real estate experts ready to assist you until you find the home you desire.
After choosing your apartment, make sure the details of the property you reviewed match those in the title deed by going on real estate tours and inspecting, checking, and seeing for yourself all the possibilities that are accessible.
One of the most crucial regions where we may find resale apartments in Istanbul at low costs is Esenyurt, which we previously discussed with Beylikdüzü. These two areas actually feature a wide variety of service amenities, including parks, restaurants, cafes, shopping malls, hospitals, and educational institutions.
In terms of infrastructure, the Turkish government has given these two regions a lot of attention. Esenyurt and Beylikdüzü have seen several urban renewal projects and have a large number of both new and resale luxury residential complexes. They offer a wide selection of resale apartments at reasonable costs that are in good shape and in ideal locations.
Additionally, one of Istanbul's most picturesque and popular tourist destinations is the Üsküdar district, which is on the Asian side and overlooks the Bosphorus Strait. Resale apartments may be purchased for affordable prices in this area.
As tight budgets may prevent many new investors from purchasing apartments in Istanbul, the Turkish government and several real estate companies have worked to make this easy and uncomplicated by selling apartments in installments, which may be done in two ways:
It is worth noting that the Turkish government is making significant efforts to create apartments suited for all groups and abilities through the projects and initiatives it sponsors, which are guaranteed with monthly payments for up to 10 years.
Istanbul's real estate market is broad, and there are numerous locations where pre-owned apartments may be purchased for a bargain and a cheap price.
If you are looking for an affordable apartment, Istanbul has numerous possibilities, including cheap 1 + 1 and 2 + 1 apartments, which are highly popular with foreigners.
There are some cities in Turkey where real estate costs are known for being affordable while still being of good quality. Bursa, Trabzon, Antalya, Izmir, Ankara, Kocaeli, and Izmit are among these cities.
Many locations in Istanbul are known for their affordable apartment costs, despite, of course, their high and good specifications.
Esenyurt district is renowned for having inexpensive apartments, with an average apartment costing 700,000 Turkish Liras for a 100-square-meter space.
At 31 kilometers from Istanbul's city center, Beylikdüzü offers a wide range of luxurious and affordable housing alternatives, The average cost of an apartment in Beylikdüzü district is 900,000 Turkish Liras for a 100-square-meter space.
Kartal district is located on the shore of the Sea of Marmara, southwest of the famed Kocaeli island, and is one of the most picturesque areas in Istanbul's Asian side. It is prominent due to the real estate development and has a good transit system connecting it to the rest of Istanbul. Kartal also boasts a number of colleges and cultural institutions.
The region draws investors owing to its beautiful view of the Princes' Islands, one of Istanbul's most popular tourist destinations, as well as its affordable real estate costs.
The region of Silivri is the dream of many foreigners who want to experience the ambiance and scenery of Istanbul and take advantage of its affordable real estate offers. It is the most alluring and appealing place for visitors, with wide open spaces, breathtaking vistas, and luxurious residential complexes at reasonable costs.
Every type of real estate is available on the Turkish real estate market, and you may locate small apartments at low prices in every city. Small, affordable apartments like the 1 + 1 and 2 + 1, or what is known as a studio, will be a fantastic alternative if you wish to live alone or with one person.
Despites their small areas, these properties are meant to appear as huge spaces, with the kitchen open to the bedroom and the living area; a corner for the bed and sitting room; and an independent bathroom.
In Turkey, a studio apartment is particularly well-liked and appropriate for travelers, small families, workers, and students.
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