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For a long time, the search term “buy apartment in Istanbul” has been popular. With the war in Ukraine and the influx of both Russians and Ukrainians to Turkey, a home in Istanbul is a popular search right now.
Many Russians and Ukrainians seeking to flee the chaotic situation in Ukraine find buying a home in Istanbul to be an appealing option. In light of this, the cost of purchasing a home in Istanbul is rising daily. This has led to an increase in the demand for housing in Istanbul, which is driving up the cost of home purchases.
If you want to purchase a home in Istanbul, there are a lot of things you should take into account. The setting and its features should be taken into account first. Next, we’ll go over the requirements for foreigners looking to purchase a home in Istanbul.
Let’s look at the minimum, maximum, and average pricing ranges for each neighborhood in Istanbul. Istanbul is mostly a buyer’s market, which means that people wishing to buy real estate can frequently find something within their price range. When thinking about a possible purchase, you should think about how the neighborhood feels in general and how close the property is to public transportation, parks, schools, and other facilities.
It is also essential to research the legal framework and required paperwork for a real estate purchase in Istanbul, as foreign buyers must comply with certain laws and regulations. Ultimately, the decision to purchase real estate in Istanbul is an exciting and important one, and all potential buyers should make sure they have done their research on the area they are considering.
Before making any kind of commitment, potential buyers should take the time to evaluate the location and quality of the property they are looking to buy. Let’s examine the housing market in Istanbul after taking all of this into consideration.
How much does it cost to buy an apartment in Istanbul?
In Istanbul, the price of a home can vary a lot from one neighborhood to the next and even within the same neighborhood, depending on how big the property is. The other aspect to consider is how easily something can be reached. A home in Istanbul can be purchased for as little as 500,000 Turkish lira, which is equivalent to approximately $30,000, or as much as 25 million Turkish lira, which is equivalent to approximately $1,500,000. Additionally, it is important to consider how close the home is located to the heart of the city, as well as whether or not it is already furnished.
There are a total of 39 neighborhoods in Istanbul from which one can choose to purchase an apartment. These restricted areas extended from the very far east of Istanbul, which is where Tuzla is located on the Asian side, all the way to the west, which is where Beylikduzu is located on the European side. Prices were significantly lower in neighborhoods that were further away from the Bosphorus, while they were significantly higher in neighborhoods that were closer to the Bosphorus. Although the vast majority of apartments in Istanbul are unfurnished, it was significantly more difficult to find and cost significantly more money to rent a furnished apartment.
It is important to keep in mind that, due to a large amount of price variation in real estate in Istanbul, it is in your best interest to do some research and be aware of the various price disparities that exist throughout the city’s various districts. In general, districts closer to the Bosphorus command higher prices and have greater availability of furnished apartments, whereas districts further away tend to be more affordable but have fewer furnished apartments available for renters to choose from. Now, let’s get down to the nitty-gritty of what it takes to purchase an apartment in Istanbul.
Buy apartment in European side of Istanbul
Istanbul has a privileged position on the planet. The Asian, or Anatolian, side of Istanbul lies to the right of the Bosphorus Canal, whereas European Istanbul lies to the west. the European side lifestyle of Istanbul is more influenced by its name The city of Istanbul occupies a very special spot on the map. The Bosphorus Strait can be found in the very center of Istanbul. To the right of the straits is Asia or Anatolia, and to the west of the straits is Europe. The European flavor of Istanbul’s nightlife is more a product of the city’s name than anything else. Despite this European influence, Istanbul is unmistakably an Eastern city and has been a major port of entry for centuries.
Before we buy a house in Europe, we need to learn more about the different areas. Understanding the characteristics of each part of Istanbul can help us make an informed decision when choosing where to live. Istanbul is unique in that it blends Eastern and Western cultures, creating a vibrant and diverse city. This combination of cultures has been evident in Istanbul for centuries, as it served as a major port of entry for travelers from Europe and Asia.
To kick off our inquiry, we’ll be going to Turkey’s most popular tourist destination: Taksim Square.
Buy apartment in Taksim ( Beyoğlu )
to buy an apartment in Taksim, which is a famous square in the Beyoğlu district of historic and famous Constantinople. Taksim is known for its old buildings and its nightlife, and it is easily one of Istanbul’s most crowded areas. However, Taksim is not only known for its nightlife but also for its vibrant day life.
Taksim is Istanbul’s heart, and it is exactly in the center. There are numerous amenities nearby. Taksim is well-known for its central location and the active night and day life that it offers.
Shops, cafes, restaurants, and cinemas line the streets around Taksim Square. Its proximity to popular tourist attractions like the Grand Bazaar and Hagia Sophia, as well as its buzzing nightlife, make Taksim an ideal location for visitors to Istanbul.
To purchase an apartment in Taksim, the price ranges from 100,000 dollars for a standard flat in an older complex to 500,000 dollars for high-end furnishings and a golden view of the Galata Tower or the Bosphorus.
An apartment in a nice neighborhood in Beyoğlu can be had for between $200,000 and $250,000 on average. It will be furnished and decorated in a contemporary style. Apartments in that price range ought to have a view, a lobby, security, and some amenities.
Buy apartment in Beşiktaş
Due to its popularity and high demand, an apartment in Istanbul’s Beşiktaş neighborhood is likely to cost more than an equivalent apartment in Beyoglu. In Besiktas, you can find some luxury apartments and projects. Apartments in Besiktas in that price range ought to have a great view of the sea, an elegant lobby, high-quality security, and various amenities such as swimming pools and fitness centers. Although there is a higher price tag, the benefits of buying an apartment in Beşiktaş are considerable.
A 1+1 apartment in a luxury building with views of the Bosphorus, Belgrade Forest, and old Istanbul will set you back around a million dollars. Despite the high cost, these apartments offer excellent value for money because they come equipped with a full range of features and amenities The apartments come with balconies overlooking the Bosphorus and Belgrade Forest, elevators, and 24-hour security, and also include swimming pools, fitness centers, saunas, and cinemas. They even have their own office space. These high-end apartments also provide convenient access to some of the best restaurants and bars in the city, as well as easy access to public transportation.
The price tag for a normal apartment in Beşiktaş is somewhere around 150,000 dollars. You will get a nice apartment in the heart of Beşiktaş. But for those with deeper pockets, the luxury apartments in Besiktas can cost anywhere from $500,000 to over $1 million.
buy apartment in ŞİŞLİ
The cost of an apartment in London can vary significantly depending on the size, location, and amenities of the building. One of Istanbul’s busiest and most populated neighborhoods, ŞİŞLİ is home to numerous shopping malls and a vibrant nightlife. There are many skyscrapers and standard apartments in Sili. In older areas of Sisli, illegitimate construction took place. So before taking action to buy a house, you should consult with an agency like us.
in ŞİŞLİ you can buy a normal apartment from 70,000$ to 100,000$ which is located in old parts. You can expect normal apartments with no amenities. On the other hand, ŞİŞLİ also offers brand-new properties for sale.
Brand new properties in ŞİŞLİ come with a variety of amenities and range in price from 130,000$ to over 200,000$, depending on size and location. The cost of these apartments can be quite high, but they offer a luxurious lifestyle that can’t be found in the older parts of ŞİŞLİ. Amenities included in these apartments vary, but generally include balconies, air conditioning units, soundproofing, and elevators.
Furthermore, these apartments often include energy-efficient appliances and smart home technology, making them even more appealing to potential buyers.
Buy apartment in Sarıyer (Maslak)
Sarıyer is a district in Istanbul that can be easily distinguished from the rest of the city’s neighborhoods. In terms of architectural design, it is one of a kind, and you won’t be able to find anything else quite like it anywhere else. Customers have access to a luxurious selection of options as a result of this. The neighborhood of Sarıyer (Maslak) provides prospective buyers with a diverse selection of residential options to choose from. These options range from high-end high-rise apartments with breathtaking views to low-cost low-rise buildings that are ideal for those looking for more modest accommodations.
The beginning price for an apartment in the Sarıyer Maslak neighborhood is two hundred and fifty thousand dollars (USD). Because the area around Sariyer Maslak offers residents such a diverse selection of residential opportunities, it can cater to a wide range of different types of financial constraints. You need to make plans to buy a one-bedroom and one-and-one-half apartment in a residence that is fully furnished and provides a number of different convenient amenities. Higher-end buildings typically have more opulent features and amenities, such as swimming pools and fitness centers with breathtaking views. There are also options available for those who are willing to splurge, such as luxury apartments that can cost up to three million dollars each.
Buy apartment in Fatih
Because of its central location in Istanbul, Fatih is an important historical monument as well as the location of many other Istanbul landmarks. Fatih knows a lot about history and archeology. You should budget roughly $100,000 while shopping for an apartment in Fatih. You will be assigned a 1+1 unit in a normal apartment with basic amenities. Those looking to purchase a luxury home in Fatih, on the other hand, could expect to pay far more. Luxury apartments in Fatih start at around 500,000 dollars and include amenities such as a pool and a sea view, as well as proximity to many other Istanbul landmarks. Fatih knows a lot about history and archeology. You should budget roughly $100,000 while shopping for an apartment in Fatih. You will be assigned a 1+1 unit in a normal apartment with basic amenities. Those looking to purchase a luxury home in Fatih, on the other hand, could expect to pay far more. Luxury apartments in Fatih cost around 500,000 dollars and have amenities such as a pool, a sea view, and security. They are also in the best sector of the city. Keep your budget and desired amenities in mind when looking for an apartment in Fatih. Foreigners can also seek asylum in Fatih. This district has a higher proportion of international residents. It’s important to know that Fatih is a popular place for foreigners to live, with many moving there.
Buy apartment in Esenyurt
Another neighborhood in western Istanbul on the European side that is home to a significant number of non-Turkish residents is called Esenyurt. In addition to this, it offers the most cost-effective ways to purchase a home in Istanbul. with an initial cost of sixty thousand dollars. As one of the fastest-growing neighborhoods in Istanbul, Esenyurt is an excellent option for those looking to buy an apartment in Istanbul, as it is still considered a relative bargain.
Although the prices of apartments in Esenyurt have steadily increased over the past few years, it is still possible to purchase a home with an initial cost of sixty thousand dollars, and there are luxury options that start at two hundred and fifty thousand dollars for two bedrooms in a residence with a nice view and all kinds of amenities.
Buy apartment in Avcılar
Consider purchasing an apartment in Avcılar to be an excellent choice on the European side of the market. while being situated in the heart of the city and making use of every kind of public transit that is available to them. If you are looking for a property on the European side of Istanbul, one of your best options is to buy an apartment in the Avclar neighborhood. If you’re interested in purchasing an apartment in Avcılar, you should budget around $200,000 for the purchase. Because of its location in the heart of the city and its proximity to all modes of public transit, Avcılar is an ideal neighborhood in which to make your permanent residence.
The starting price for a standard apartment that is unfurnished and lacks any form of amenity is one hundred thousand dollars. Prices could go above $200,000 for more luxurious apartments that have everything you could want.
buy apartment in Kağıthane
Kağıthane is another neighborhood located in the city’s central section. A typical apartment in Kağıthane might cost between $100,000 and $200,000, depending on the degree of amenities provided. Kagithane is close to Sariyer and Levent and has Metro access. This neighborhood is ideal for individuals who want to be close to the city center while living in a safe and well-connected community. In Kağıthane, a house may be acquired for as little as $75,000 USD.
Buy apartment in Küçükçekmece
Another area in Istanbul’s west on the European side is Kucukcekmece. For individuals seeking a nearby area that is safe, connected, and reasonably priced, Küçükçekmece is a great choice. If you want to purchase an apartment in Küçükçekmece, you need to budget $150,000. The pricing includes amenities like a swimming pool in the apartment.
with a price tag of roughly $100,000. A variety of housing options are available in Küçükçekmece to accommodate various budgets.
Buy apartment in Büyükçekmece
Büyükçekmece is also on Istanbul’s western outskirts. When purchasing an apartment in Buyukcekmece, budget about $150,000 for a quality flat with all the facilities. Büyükçekmece is a rapidly developing district on Istanbul’s western outskirts.
The starting price for an apartment in Buyukcekmece is somewhere around 90,000 dollars, while the more upscale apartments, with the most luxurious materials used in every aspect of the home’s construction, start at 250,000 dollars.
Buy apartment on the Asian side of Istanbul
the Asian side Living in Istanbul makes people friendlier. While the European side was more exciting at night, it was quite different during the day. However, on the Asian side, there are fewer tourists and more natives. The building architecture is also influenced by Asia. The streets are bustling with inhabitants going about their everyday lives, and the architecture is reminiscent of other places in Asia. On Istanbul’s Asian side, there are five major districts and three islands. Let’s go through them and see what the prices are for an apartment on Istanbul’s Asian side.
Buy apartment in Üsküdar
Üsküdar is a major district of Istanbul. It is located near the Bosphorus Canal. It also has a sunset perspective of Istanbul’s European side. A midrange apartment in Üsküdar costs $150,000, whereas a luxury apartment in the Uskudar district costs more than a million dollars.
Due to its convenient location and spectacular views of the city, Üsküdar has emerged as one of the most desirable neighborhoods in which to settle in recent years. Along with the Camlica Mosque, some well-known projects have been built inside it, which has helped it become more lively.
With its high-quality public transport connections, vast green parks, and convenient access to the European side of Istanbul, Üsküdar is becoming increasingly popular with young people and families looking for a place to call home. People can choose the kind of life they want to live in Üsküdar because it has a wide range of housing options, from affordable apartments to high-end homes.
Buy apartment in Kadıköy
On the Asin side of Istanbul is the historic district of Kadıköy. Apartments in Kadıköy come in a wide range of styles, from newly constructed luxury developments to traditional-period buildings. Kadikoy has bars and cafes with a bustling daytime population. Those looking to buy an apartment in Kadıköy will find plenty of options to suit their budget and lifestyle.
Depending on the location and size of the apartment, you should have a budget of at least 50,000 euros to purchase a 1+1 apartment in Kadıköy. There are also modest-sized residential buildings available, which run about $400,000. For those looking for something a bit more luxurious, there are also larger residential buildings available with a budget of around $1 million or more. Despite the wide range of prices, Kadıköy offers plenty of options for those in the market to buy an apartment.
Bagdat Street, which is one of Istanbul’s most unique and luxurious neighborhoods, is also located in Kadikoy. Bagdat Street is the most expensive area in Kadıköy, and one can expect to pay at least $1 million for an apartment there. The street is well known for its high-end shopping and restaurants, so the cost of living there is relatively higher than in other parts of Kadikoy.
Despite the high prices of Bagdat Street, Kadıköy still offers plenty of choices for buyers looking for more affordable housing.
Buy apartment in Beykoz
The neighborhood of Beykoz in Istanbul is well-known for the villas that can be found there. It provides access to public transit systems such as the metro and bus thanks to its location along the Bosphorus and its proximity to the waterway. Beykoz remains among the most expensive neighborhoods in Istanbul, despite the fact that it has a housing that is more reasonably priced than Bagdat Street. It is not uncommon for a two-bedroom and one-and-a-half-bathroom apartment in Beykuz to cost more than two hundred thousand dollars. While standard and older apartments start at a minimum price tag of 130,000 dollars, luxury choices can cost more than 500,000 dollars for an apartment with a fantastic view and all kinds of amenities.
As a result, Beykoz appeals to the upper-class citizens of Istanbul, as well as tourists who are looking for a place with plenty of housing options and access to public transit. The availability of a wide range of housing options, as well as its convenient location, makes Beykoz an attractive destination for those looking for an affluent place to stay in Istanbul.
Buy apartment in Maltepe
To purchase an apartment in Maltepe on the more affordable side, you will need a budget of approximately 75,000 dollars. Maltepe is a district on the Asian side of Istanbul. It is situated on the coast of the Marmara Sea and offers a magnificent view of the Istanbul Islands. The neighborhood of Maltepe offers reasonably priced housing options, and a wide variety of accessibility options, and is considered to be one of the greatest districts in Istanbul in which to make an investment. Although the price of an apartment in Maltepe can reach up to 200,000 dollars depending on the location and size of the property, there are apartments available in Maltepe that are priced affordably for those who are looking for an alternative.
The price of a 1+1 apartment in Maltepe that is located in a decent neighborhood and has a beautiful view is approximately 150,000 USD. It will supply you with amenities such as swimming pools, sun decks, movie theaters, and every other kind of facility there is.
Buy an apartment in Adalar ( islands of Istanbul )
Adalar is without a doubt one of the most interesting and unusual places to buy a house. Because these three islands are inaccessible by land, the only way to reach them is by water, using either ferries or yachts. Adalar is home to some of the world’s most extraordinary and one-of-a-kind mansions. Its largest island, Buyukada, is home to a number of historical sites and attractions. You will need a budget of approximately 150,000 dollars to purchase an apartment in Adalar that offers you comfort and convenience.
On these islands, the only type of car that is available is an electric vehicle; diesel vehicles are not permitted. The price ranges from 100,000 dollars all the way up to more than three million dollars for some of the more speculative ones. On these islands, the only type of car that is available is an electric vehicle; diesel vehicles are not permitted. The price ranges from 100,000 dollars all the way up to more than three million dollars for some of the more speculative ones.
Buy apartment in Kartal
Kartal is yet another district in Istanbul that is not given enough credit. You’ll need a budget of around $70,000 if you want to buy an apartment in Kartal. Apartments in Kartal can be had for a starting price of 100,000 dollars, and these are for the most upscale units. A budget of up to over 500,000 dollars is available for projects located next to the Marmara Sea and offering a breathtaking view of the Marmara Sea. Kartal is a highly sought-after neighborhood in Istanbul, despite the wide variety of prices for apartments there.
Kartal apartments have yet to be discovered at these prices. Even though the prices for apartments in Kartal range from relatively affordable to extravagantly expensive, these exclusive views of the Marmara Sea are still unheard of.
Buy apartment in Pendik
A typical Pendik apartment costs around 70,000 dollars. Geographically, Pendik is located on the Asian edges of Istanbul.. The Pendik side flats, near the Marmaray Sea, are substantially more expensive than the rest. Residents like this neighborhood because of its convenient transportation, proximity to the sea, modern architecture, and quick access to the city center.
Pendik residents can enjoy the benefits of living in a modern, well-connected city while also taking advantage of the breathtaking views provided by the Marmaray Sea. The cost of a 3+1 apartment with a sea view and high-quality materials is roughly $300,000 USD. Apart from the pricier apartments with views of the sea, there are more affordable options available in Pendik; the price tag for a normal apartment is around 120,000 USD.
With its various vibes, Pendik is an excellent choice for living in Istanbul. Pendik offers the perfect blend of urban amenities and natural beauty
Buy apartment in Umraniye
Umraniye is a neighborhood in Istanbul, located on the city’s Asian side. With its convenient location near the heart of the city and just a few kilometers away from Sabiha Gökçen International Airport, Umraniye is a great option for those looking to buy an apartment in Istanbul. Umraniye has excellent public transportation and numerous shopping centers.
In Umraniye, a typical apartment costs around 75,000 dollars. There have been new projects underway, the cost of which has exceeded 400,000 dollars. Such projects prove the great potential of Umraniye, which is why many people opt to buy an apartment there.
A 3+1 in Umraniye that is suitable for a family costs around 120,000 dollars, which shows that Umraniye is an affordable option for those looking to buy a place to call home.
Umraniye is a great choice for anyone looking to buy an apartment, not only because of its potential for high-cost investments but also because the lower-cost options are quite accessible.
Best place to buy apartment in Istanbul
After doing all of the above research on the real estate market, the best places to buy an apartment in Istanbul are Sariyer on the European side and Kadikoy on the Asian side. However, where you buy an apartment in Istanbul will depend on why you want to do so.
If you want to make an investment, you should look at places like Beylikdüzü, Kartal, and Maltepe.
Over the years, our agents have built up a database of house prices. This lets us give you great advice on the Istanbul housing market and tell you exactly where to buy an apartment in Istanbul with the best chance of making money.
We promise that the services you get from our team will be of high quality. We can confidently tell you where the best place to buy an apartment in Istanbul is because we have done a lot of research, thought about it, and have a lot of experience.
Our goal is to provide our customers with the most reliable and updated information on Istanbul’s housing market so that they can make smart investment decisions.
