The cheapest places to live in Istanbul

Do you think you can find cheap accommodation in Istanbul? At first glance, you might think that this matter is far from complete, as this city is famous for containing many luxury real estate and investment projects, and its prices are among the highest in Europe, but despite that, this does not mean that special offers cannot be found at reasonable prices.

In this article, you will learn about the most important and cheapest areas of Istanbul for housing and stability, and about many of its aspects, features, and details that it is famous for, an enjoyable read.

What are the cheapest areas in Istanbul?

A main question that you may ask when you are looking for cheap apartments in Istanbul, it is important for you to find real estate at a reasonable price and distinctive specifications, and the most important areas in which you should search are the following:

Silivri district

Due to the low cost of living, it is an attractive option for those looking to save money on housing costs. Average prices for apartments and houses are much lower than in other parts of Turkey, making it possible to find good deals if you are willing to do some research.

One of the major advantages of buying property in Silivri is its proximity to the center of Istanbul and you can easily access all the attractions and facilities that come with living in a big city without having to pay high prices or deal with city traffic and congestion.

With the increase in development projects across the area, the infrastructure is improving rapidly and steadily and this makes it a great area for real estate investors who want to take advantage of the potential upside as well as the increase in demand.

Esenyurt district

With prices that are usually lower than those in other areas of Istanbul, you can save money when buying a property in Istanbul.

 With its prime location on the European side of Istanbul, Esenyurt offers excellent potential for capital appreciation and this means that the value of your investment will increase over time, allowing you to reap the rewards when you decide to sell.

 It is close to major highways and public transport links, it is easy to get around by car or bus and the nearby Marmara University campus makes it convenient for students who want to live close to them while they study at the university.

Beylikduzu district

Beylikduzu is one of the fastest growing districts in Istanbul and its real estate market is thriving. The area has seen a clear increase in demand for residential and commercial properties, making it an ideal place for real estate investment.

Offering a host of amenities that make it attractive to potential buyers, there are plenty of shopping malls and entertainment options nearby, along with top-notch restaurants and cafes. The area also has several parks and green spaces that provide a wonderful escape from the hustle and bustle of everyday life.

Kartal district

Kartal offers a great range of properties at competitive prices, and it is possible to find homes at all prices, from luxury villas to affordable apartments.

There are plenty of transportation options in Kartal such as bus stops and metro lines that make moving around very convenient, in addition to that, it is well connected to other parts of Istanbul by highways and bridges.

Ways to buy cheap real estate in Istanbul

Here are some tips and tricks on how to buy cheap property in Istanbul and get a great deal:

 Buying an apartment under construction can be a great way to save money when buying real estate in Istanbul, and its prices tend to be lower than the prices of ready-made options, so you may find yourself facing exceptional opportunities, if you are willing to wait for your apartment to finish construction.

Real estate prices tend to be much cheaper outside the city center, so if you're looking for a bargain, consider buying an apartment in one of the more rural areas of town. You may not have all the modern conveniences that come with living downtown, but you'll save money on down payments. Rent, mortgage, etc.

Another way to buy cheap real estate in Istanbul is by buying old units that need renovation or repair to be done on them before they can be inhabited again. This may take some time and effort, but it may lead to significant savings.

The importance of looking for cheap real estate

Do you think that searching for this type of real estate is not feasible? Then you are very wrong because it is followed by a large number of advantages and benefits, including the following:

- It is a better option than living through rentals because in the end you own the property.

- Real estate prices are always on the rise and therefore are likely to record a clear increase with the passage of time.

- Cheap areas do not lack service or entertainment facilities.

- It may be suitable for obtaining real estate residency, which is one of the most important types of residency at all.

- These areas witness urban transformation projects that lead to the development of the area and the increase in real estate prices.

Despite all its advantages, it has many negative aspects that must be taken into account. First, it may not bring you the returns that suit you, because its high prices are not the same as the case with real estate that is located in central or luxurious areas, and secondly, sometimes it may be far from service facilities, public transportation and shopping centers.

The right property for you in Istanbul

A specialized real estate company will have an extensive network of contacts that they can use to help you find the perfect property that meets your needs. They also know all the laws and regulations related to buying and selling real estate in that city, so they can guide you through the right steps.

Another benefit of relying on a specialized real estate company is that they can provide advice tailored to your individual needs. Whether you are looking for an investment opportunity or just want to move into a new home, the professionals at these companies will be able to provide you with customized advice on how best to achieve your goals.

The idea of ​​buying real estate in Turkeyhas become popular among those interested in obtaining an ideal opportunity for housing or investment and take advantage of the appropriate real estate investment options in Istanbul to obtain a high return by communicating with our real estate consultants.

Do not forget that investing in real estate in Turkey is only a way to gain Turkish citizenshipor real estate residencepermit that allows you to stay in the country legally and then acquire many of the privileges that a Turkish citizen gets.

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