Buying a property in Istanbul is an investment of great importance, as Istanbul is one of the largest, most diverse and wonderful cities in Turkey and throughout the ages, this wonderful city has embraced a mixture of cultures and influences, giving it a unique character that combines East and West, so here is an overview of the advantages and differences between buying a property in the European and Asian sides of Istanbul.
A comparison between buying a property in the European and Asian sides of Istanbul
1 – The European side of Istanbul is characterized by its hustle and bustle, as it is full of activity and movement around the clock, and lacks the calm and tranquility that you find on the Asian side.
2 – The Asian side of Istanbul is characterized by the availability of medical services, wide green spaces, and beautiful parks, which greatly attract visitors and in addition, the Asian side has a rich culture and history and includes many luxurious palaces and high-rise towers and this is because this part of the city has an older history.
3 – If you are looking for luxury and modernity, the European section is the perfect choice for buying real estate in Istanbul and the properties here are characterized by modern designs and offer many modern real estate projects. In addition, the European section embraces huge development projects such as the new Istanbul Airport and the new Istanbul Water Canal, which adds a high investment value to the region.
4 – Properties in the Asian section are usually less expensive than the European section.
- It is worth noting that the two sections are distinguished by their own charm, which attracts tourists with their unique places and the Asian section is distinguished by its eastern character, while the European section has a western influence.
Promising areas to buy a property in the European side of Istanbul
Below we will learn about the most popular areas to buy a property in the European side of Istanbul:
Buying a property in Basaksehir:
Basaksehir is one of the most prominent areas in Istanbul, and it well deserves its position as one of the most important areas in the city and this region is distinguished by a number of prominent features, starting with its strategic geographical location close to Istanbul Airport and one of the most important hospitals in the city, which is “Basaksehir Medical City” and in addition, Basaksehir includes a famous shopping center known as “Mall of Istanbul”, and it ranks first in Istanbul in terms of high real estate prices, which has clearly emerged in the recent period.
This area is distinguished by the availability of many luxury residential complexes equipped with the best entertainment services.
Buying a property in Beylikduzu:
Beylikdüzü is considered the new urban destination in Istanbul, and it features a modern and advanced infrastructure that receives great attention and regarding real estate, Beylikduzu is famous for its abundance of luxury and modern residential complexes.
Beylikduzu has a modern transportation network that connects it to all parts of the city, and it features wonderful views of the Sea of Marmara.
In addition to all these advantages, real estate prices in Beylikduzu show special appeal, as they are more favorable compared to many other areas of Istanbul and therefore, many real estate investors considered it an ideal destination for real estate investment, due to expectations of rising prices in the future, which indicates the possibility of achieving lucrative financial returns.
Promising areas to buy a property in the Asian side of Istanbul
Here are the most popular areas to buy a property in the European side of Istanbul:
Buying a property in Uskudar:
The Uskudar area is considered one of the most prominent and important areas on the Asian side of Istanbul, as it is no less important than the areas of the European side, as Uskudar is distinguished by its distinguished location, which gives it a wonderful view of the Bosphorus Strait on the one hand, and its location opposite the European side of the city on the other hand.
Uskudar is considered a safe destination for tourists from all over the world, as it offers its green areas and prominent historical monuments and among these landmarks is the famous Maiden’s
tower, which reflects its beauty in the middle of the water
If you are looking for an opportunity in the Turkish real estate market, Uskudar is your ideal destination and there are many factors that make this region attractive to investors, including the ongoing infrastructure development and the advanced transportation network, in addition to the great availability of educational institutions that cater to different levels of education and ages.
Buying a property in Omraniya:
The Umraniye area is one of the most important areas on the Asian side of Istanbul, and it is witnessing a great acceleration in the development of its real estate projects, as it is distinguished by its modern urban structure and contemporary architectural designs.
Buying a property in an urban area can be an ideal option to achieve multiple goals, whether you are looking for stable housing or real estate investment.
This area has an abundance of service and entertainment facilities, which increases its attractiveness.
Reasons why investors flock to buy real estate in Istanbul
- Istanbul is a vibrant and vibrant city on both the national and global levels, as it is a center for business and investments, and a meeting place for businessmen and investors, many of whom decide to buy an apartment in this city to reside in while they are there.
- Istanbul is characterized by its large population, which is constantly increasing as the city develops and there are many real estate options, whether for sale or rent.
- Every month, Istanbul receives thousands of foreigners who move there in search of housing and stability, especially from Middle Eastern countries such as Syria and Iraq.
- The continuous development in various aspects of life in Istanbul, whether in the field of work, education or health care, encourages survival and stability in the city.
- If you do not intend to live in Istanbul, you can search for apartments for sale for the purpose of real estate investment and the city is witnessing remarkable urban and real estate growth.
- One of the reasons why you should buy a property in Istanbul is the opportunity to obtain real estate residency, which is one of the most important residencies in Turkey.
- If the price of the property is a minimum of 400 thousand US dollars, this gives you the opportunity to apply for Turkish citizenship
In conclusion, it can be said that a comparison between buying a property in the European and Asian sides of Istanbul depends on your personal needs and goals, as the European side of Istanbul is characterized by a vibrant life and modern urban facilities, while the Asian side of Istanbul offers tranquility and stunning nature and whether you are looking for real estate investment or permanent housing, there are excellent opportunities in both and you should consider financial and personal factors when making a decision and no matter which option you choose, Istanbul remains one of the most exciting and prosperous cities in the world, and you will enjoy exciting investment and living opportunities in either.