istamarvel

As soon as the idea of buying a property arises, a set of questions arises that start and almost never end. One does not buy a property every day, and the main goals of foreigners are to own Turkish real estate in housing, real estate investment in Turkey, or obtain Turkish citizenship.

The location of the property is the main concern and the first thing that comes to mind, and the goal of purchase plays a major role in determining the specifications of the residential property that differs from the investment property as well as the areas, and looking at the map of Istanbul we see that it extends over two continents separated by the Bosphorus Strait that connects the Black Sea and the Sea of Marmara.

As is known,

Istanbul is divided into 39 municipalities, 25 of which are on the European side and 14 on the Asian side.

Areas such as “Fatih, Beyoglu, Sisli, Besiktas, Uskudar, Eminonu, Topkapi” are considered centers of the city of Istanbul, and those working in the real estate sector divide Istanbul into four lines:

downtown line.
around city centres.
the coast.
suburban line.

Areas such as: Buyukcekmece, Silivri on the outskirts of Istanbul are classified.

We have to know that every district in Istanbul has its own municipality. If the customer is looking for a service area and believes that the suburbs are without services, then he is mistaken because each municipality is separate from the other and provides its services to the population by organizing infrastructure, public facilities, buildings, and health, educational and recreational centers.

As for prices, the prices of Istanbul real estate in city centers are higher than in the suburbs. The closer to the city center, the higher the price and vice versa. In terms of quality, this has nothing to do with the location of the property. We may find real estate and residential complexes on the outskirts of Istanbul with a degree of quality, modernity and workmanship much higher than real estate in the city center.

The reason for the high real estate prices in the centers of Istanbul is due to the increase in demand for them, just like any vital city in the world “Dubai, London, New York…”.

And about the best places to own real estate in Istanbul, it is difficult to name one area without another, because the matter depends, as we mentioned in the introduction, on the purpose of the purchase.

The other thing is the buyer’s budget. Whoever wants to buy a property within the centers of Istanbul should know that Istanbul real estate prices in 2022 for city centers are very high and can start from a million dollars and rise more as we head towards the banks of the Bosphorus without a specific ceiling.

As for Istanbul real estate prices in the suburbs, they are low compared to real estate in city centers

Not because of its low quality or lack of services around it, but each area is served by separate services and the quality of the property is linked to the construction company itself, but the real reason is the distance of the property from the centers of Istanbul, but some do not see anything negative in this matter, especially since everything they need to buy is within the residential complex in which they live or within the surrounding area and a few minutes away. The same applies to government transactions, although most government transactions can be completed through the e-government application E-Devlet, in almost every region there are government institutions such as directorates of education, country, tax directorates, real estate registry, notary public, and service institutions such as water, gas, electricity, and the Internet