Districts that investors desire most in Istanbul 2022

Districts that investors desire most in Istanbul:

After making the decision to invest in Istanbul, you have to determine the area in which you will purchase your property; and here, in this article, we are going to talk about the most important districts in Istanbul for investing in 2022 to help you make your mind up.

 1- Şişli:

It is located on the European side of Istanbul. It is one of the most vital areas due to its proximity to Taksim, Beşiktaş, and Fatih.  It also hosts the most famous and prestigious streets of Istanbul such as Nişantaşi and Bomonti. Şişli is a fully served area in terms of transportation, infrastructure projects such as tunnels and bridges, universities, international hotels, shopping centers, and luxury hospitals. This is what keeps prompting real estate companies to invest in this beautiful district.

 2- Beyoğlu:

The historical heart of Istanbul. It includes many famous tourist attractions such as Taksim Square, Istiklal Street, and Galata Tower; and many arts and entertainment centers. In terms of transportation, Beyoğlu has a huge network that connects all the areas of Istanbul together. Beyoğlu is a prosperous area, so purchasing an apartment and investing in it promises huge profits.

 3- Zeytinburnu:

 Located in the European side of Istanbul. It contains very luxurious projects with direct open views of the Marmara Sea. Moreover, the Marmaray Metro line, which connects the European side of Istanbul with the Asian one, passes through Zeytinburnu. All this drove the attention of foreigners to invest and live in this district.

 4- Kağithane:

 It is located in the center of Istanbul. It is a newly developed area that is being reconstructed in a way to get along with the adjacent luxury districts such as Şişli and Maslak. It is an investment attraction area being close to the heart of Istanbul.

 5- Bahçeşehir:

 The name of this district means the Garden City, and it is considered as one of the safest and quietest districts in Istanbul. It hosts many luxury restaurants, international schools, in addition to Akbati Mall, and Gullet Park with its famous lake. Bahçeşehir is a newly built area close to the new airport of Istanbul and the second Canal of Istanbul. These final two points specifically make this area an attraction to investors as life is getting more and more vivid around there.

Investing in Istanbul with 250 thousand US dollars grants you Turkish citizenship:

Acquiring one or multiple properties in Turkey worth a minimum of 250 thousand dollars with a title deed restriction on its resale for at least 3 years gives you and your family the right to become citizens of Turkey within six months. Furthermore, purchasing a property in Turkey at any price less than 250 thousand dollars gives you and your family the right to obtain real estate residence permits, which makes things easier for foreigners to obtain work permits for companies or even find jobs.

So, if you already have a property in Turkey and it worth less than 250 thousand dollars, you can purchase another property, be that a shop, a residential unit, or even a hotel apartment, and once the total amount of your properties reaches 250 000 USD, we can apply for you for Turkish citizenship.

Average of prices for apartments in Istanbul in 2022:

The prices of the apartments in Istanbul and the other cities of Turkey depend on many factors such as the location, the proximity to the city center, the transportation hubs around, the views, the tourist sites in the area, the age of the building of the property, etc.….

According to the statistics, the average price of a square meter of an apartment in Istanbul ranges between 347 dollars and 781 dollars. Of course, it could be more or less according to the alternative aspects as we explained above.

Types of apartments in Istanbul:

Whatever you want in your investment project, you will find it in Istanbul. Istanbul has the best choices according to many real estate experts. Istanbul has witnessed a remarkable development in real estate investment in recent years, so you can find a great diversity of properties available; there are many types of properties in Istanbul including but not limited to villas, smart homes, penthouses, sea view apartments, green view apartments, hotel residences, and duplex apartments.

The location and importance of real estate projects in Istanbul:

Investors need to know which areas to invest in. Istanbul, however, is the best choice in terms of importance and profit returns. And the most desirable areas of real estate investment in Istanbul take their importance from their site; Be that in the center of Istanbul such as Maslak, Kağithane, and Beyoğlu, which are close to the heart of Istanbul, or away from the current center of the city, just around the new projects the Turkish government is starting like the new airport or the second canal of Istanbul where it is expected to become a new city center in the near future offering organized area full of prosperity, modernity, and beauty.

 

Editing: damasturk