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Investing in commercial shops in Istanbul 2021

Istanbul city by itself is home to more than 18 % of Turkey's population, or more than 15 million individuals, and contributes to more than 30% of the country's gross domestic product. Furthermore, more than 44% of taxes in Turkey are collected from economic activities traded in Istanbul, making it the country's economic hub. In addition to the foregoing, its strategic position has made it one of the world's most significant economic hubs, hosting the headquarters of the world's most important international corporations trying to access the markets of the Middle East, Eastern Europe, and Central Asia. The city of Istanbul's economic dominance has made it a potential investment market for individuals looking to invest in Turkey, and this has resulted in a rise in demand for workplaces in general, and shops in particular, making shop investment a stable investment with significant long-term earnings.

Criteria for shop investment in Istanbul:

Investing in shops in Istanbul is a profitable venture that continues to expand due to the city's economic strength. This illustrates why the value of stores has risen over time in comparison to residential real estate, prompting many investors to invest in shops. Real estate development companies have responded by building so-called mixed residential and commercial complexes, which include apartments, offices, and stores, in order to meet the rising demand. These complexes have helped to boost economic activity in the areas where they are situated.

However, in order for his investment to be successful, the investor intending to invest in the shops should perform a comprehensive study on the viability of the venture. There are also defined criteria, among which the most significant are the following:

1- Location, view, and storefront:

The location is the most essential factor that affects the value of the store, as it plays a significant influence on the speed at which the shop is rented and does not remain vacant for lengthy periods of time. As a result, it is critical to investigate the significance of the site of the commercial store to be owned as well as the supply and demand in the store's vicinity. It is ideal that the business shop be placed in the city center and adjacent to key amenities, with convenient access to transportation, such as main highways or public transportation lines. It's also best if the shop is in a densely populated region with room for expansion and development, and if it's in a complex or center with other active businesses. It is also ideal for the store's view to be on the front or a busy street, and for the store's front to be broad, as the view and the wide front enhance demand for it.

2- Amenities, services and infrastructure:

It is desirable if there is a dedicated parking lot beside the business shop or office, as well as the presence of bank branches or ATMs. In addition, a heating and cooling infrastructure is required. Elevators and occupational safety conditions such as fire stairs, earthquake-resistant construction, and the availability of guards, security, and cameras should be supplied when investing in stores inside multi-story complexes.

3- Description of the commercial store in the title deed:

Because this may generate problems and difficulties for the investor, it is recommended to ensure that the business shop or office to be acquired is registered in the title deed as a commercial shop and not as a residential property. Additionally, this shop must be suitable for the project that intended to be started, or else acquiring the required permissions will be difficult, and it must be guaranteed that the shop or office desired to be acquired has no prior taxes or obligations.

Types of shops in istanbul:

A researcher wanting to invest in shops in Istanbul may encounter a variety of sorts of shops based on their location and the quality of services they provide, and he must choose the one that best matches his project.

The following are examples of these types:

Single shops:

They are separate stores placed within alleyways that cater to a certain demographic of consumers who are local inhabitants. When compared to other types of stores, their rates for renting and owning are lower, and these shops are utilized to satisfy the residents' everyday needs.

Market shops:

They have the largest variety of stores and are spread out along key highways and commercial marketplaces. The shop gains market importance due to the expansion of other shops surrounding it. When compared to single stores, the lease and ownership costs are higher.

Modern shops:

They can be found at Istanbul's major shopping malls, and this sort of store has grown in popularity in recent years as the consumer sector has grown. The costs of these kinds of businesses are normally the highest owing to the services offered through advertising and technical services by the shopping center management.

Investment areas for shops in Istanbul:

Shops are a key investment instrument in many districts of Istanbul, and their value fluctuates depending on the economic activities conducted in them and the demand for renting shops by organizations, corporations, and professionals. The districts of Istanbul may be split into two segments in terms of the value of stores as an investment:

Completed areas in terms of investment value:

These host well-known marketplaces that are important attractions, such as Fatih's covered market, which houses the most costly stores in Turkey, with rent per square meter reaching $3,500 per month. Then there's Taksim's Istiklal Street and Kadköy's Baghdad Street. On a regional basis, the most expensive regions in Istanbul are Beyoğlu, Şişli, Beşiktaş and Bakırköy on the European side, and Kadıköy, Ataşehir, and Umraniye, on the Asian side.

Promising areas in terms of investment value:

These are potential new regions where retail investment is increasing and developing as a result of the huge number of modern real estate developments these regions house. The busy Basin Express Street, as well as districts such as Başakşehir, Beylikdüzü, and Esenyurt, are among the most significant of these areas, which have managed to attract investors seeking to own shops in Istanbul last year.

Prices of shops in the areas of Istanbul:

Because of the high demand for them and the high money they generate for investors, the average price of stores in Istanbul exceeds that of their counterparts in other Turkish cities. The average cost per square meter for workplaces in the first 10 regions of Istanbul, according to current statistics, was as follows:


Average price per square meter in Turkish lira























While the areas with the highest value of shops in Istanbul were as follows:

Şile district 27%, Sarıyer district 20.8%, Çatalca district 19.5%, Zeytinburnu district 18.8%, Silivri district 16.1%, Ataşehir district 14.4%, Küçükçekmece district 13.4%, Beyoğlu district 12.7%, Bağcılar district 12.4%, Kartal district 8.6%.

damasturk Real Estate is your safe ticket to obtain Turkish citizenship by investing in shops:

In return for possessing an estate worth 250 thousand TL, foreign nationals can get Turkish citizenship, irrespective of the kind of property, including investment in shops. To make a successful investment in this sector and get Turkish citizenship, you may use the services of damasturk Real Estate, which has extensive expertise in the Turkish real estate market, particularly in Istanbul.


Editing: damasturk



Instant real estate consulting

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Instant real estate consulting

+90 555 160 50 00