The most expensive and cheapest neighborhoods in Istanbul for housing

With the increasing demand for real estate in Istanbul, shifts in prices and locations preferred by residents and investors are clearly visible and whether you are looking for a place for permanent residence or for investment, in this article we will provide you with a comprehensive overview of the most expensive and cheapest neighborhoods of Istanbul for housing in terms of cost, availability, and attractiveness of real estate.

The most expensive and cheapest neighborhoods in Istanbul for housing

Istanbul is a large and diverse city, and therefore real estate prices vary greatly depending on the region, location, and available services and here's an overview of some of the most expensive and cheapest neighborhoods in Istanbul for housing:

The most expensive neighborhoods:

1. Bebek: Bebek is considered one of the most expensive neighborhoods in Istanbul, as it includes a large number of luxury villas and upscale residential communities.
2. Uskudar: Real estate prices in Uskudar are relatively high, especially near the Bosphorus, where luxury villas and apartments are available.
3. Nisantasi: The Nisantasi area is considered one of the most popular and famous areas in Istanbul, and it is located in the heart of the city, which makes its real estate prices among the highest.

Cheapest neighborhoods:.

1. Esenyurt: Esenyurt is considered one of the most economical neighborhoods in Istanbul, as it has affordable apartments for most residents.
2. Basaksehir: Basaksehir is considered a growing residential area and offers many economic options for housing, making it an attractive destination for investors.
3. Evitepe: Evitepe is located on the European side of Istanbul and offers a variety of apartments at affordable prices for residents.

It is important to note that this information may change over time and the development of the real estate market and therefore, it is always advisable to talk to trusted local real estate agents like Ist Homes to get accurate and up-to-date information about property prices in specific areas of Istanbul.

Advantages of living in cheap apartments in Istanbul

Living in cheap apartments in Istanbul can provide many benefits and positives to residents, and among these positives are:

1. Saving money: Living in a cheap apartment means saving a lot of money, and this helps residents achieve a balance between their budget and their basic needs.

2. Investment opportunities: Buying a cheap apartment in Istanbul can be a favorable investment move, as investors can rent it to tenants at competitive prices and thus achieve a good financial return.

3. Proximity to public transportation: Although the apartments are cheap, many of them are located in areas close to public transportation, which facilitates transportation and saves time and effort for residents.

4. Availability of basic services: Although apartments are cheap, many of them provide basic services such as schools, hospitals, and stores, which makes daily life easier and more comfortable.

5. Diversity of options: There are many cheap apartments in Istanbul in various areas, allowing residents to choose the neighborhood that suits their needs and budget.

6. Social networking opportunities: Living in cheap apartments can help connect with a diverse and dynamic community of residents, enabling individuals to meet new people and exchange experiences and cultures.

In short, living in cheap apartments in Istanbul can provide many benefits, including saving money, investment opportunities, easy access to basic services, variety of options, and social networking opportunities.

What are the best neighborhoods in Istanbul for housing?

Choosing the best neighborhoods to live in Istanbul depends largely on the needs and preferences of each individual or family, however, there are some areas that are popular due to the availability of services, facilities and comfortable residential environment and here are some of the best neighborhoods in Istanbul to live in:

1. Bebek (Beşiktaş): Bebek is considered a lively and diverse area, as it offers many shops, restaurants, and public parks, in addition to the presence of many educational and health institutions.

2. Uskudar (Eşiktar): Uskudar is located on the European coast of the Bosphorus Strait, and is characterized by its stunning views and high vitality, in addition to the availability of entertainment and shopping facilities.

3. Nişantaşı: Nisantaşı is considered a luxurious and upscale area, containing many international brands and luxury stores, in addition to high-end cafes and restaurants.

4. Beylikdüzü: Beylikdüzü is characterized by reasonable real estate prices and the availability of a variety of services and facilities, making it an attractive destination for many residents.

5. Başakşehir: Başakşehir is considered one of the new and growing areas in Istanbul, and is characterized by the availability of many modern facilities and services.

6. Eyüp: Eyüp is located on the European side of Istanbul and is characterized by picturesque and tranquil nature, and provides many historical mosques and religious shrines.

Remember that choosing the best neighborhood to live in depends on a range of factors such as budget, daily life requirements, and access to necessary services, so it is important that you do your research and check all the factors before making a final decision.

The finest places on the European and Asian side to live in Istanbul

On the European side of Istanbul, some upscale places include:

1. Bebek: It is considered one of the most prestigious areas on the European side, and includes a large group of luxury villas and luxurious residential buildings.

2. Besiktas: It is located on the coast of the Bosphorus Strait and is characterized by stunning landscapes and luxurious residential buildings

3. Sariyer: It is considered one of the most upscale areas in Istanbul, and includes a group of luxury buildings, hotels, and high-end commercial facilities.

On the Asian side of Istanbul, some upscale places include:

1. Beylikduzu: It is characterized by beautiful landscapes and luxurious residential communities such as villas and luxury homes.

2. Aksaray: It is considered one of the most upscale areas in the Asian side, and provides many luxury residential options and modern facilities.

In short, Istanbul offers a variety of the most expensive and cheapest neighborhoods in Istanbul for housing and whether you are looking for enchanting nature and panoramic views or vibrant urban life and modern facilities, Istanbul offers diverse options to suit all tastes and budgets and choosing the appropriate area depends on your personal needs and preferences, but regardless of the choice, you will find in Istanbul an atmosphere of luxury and beauty that gives your residential life a special and sophisticated touch.

Related articles:

Renewal of real estate residence in Turkey 2023
Cheap villas in Turkey for sale 2023
Buying real estate in Turkey in installments
Endless options within the Turkish real estate market
The fastest way to obtain Turkish citizenship
Apartments for Sale in Istanbul
Successful real estate investment in Turkey 2023
Luxury real estate for sale in Istanbul 2023
Buying real estate in European Istanbul 2023
Obtaining Turkish Citizenship Through Real Estate Investment
Real Estate Investment in Istanbul 2023
Types of Turkish passport and the characteristics of each
Feature of residential apartments in Turkey
Advantages of buying a property in Turkey with Ist Homes
Commercial lands for sale in Istanbul

#Istanbul_apartments   #real_estate_investment