The issue of buying a new property is crucial , as you must study all the available options so that you can get the most appropriate option and the perfect property free from defects .
The most important thing about those wishing to buy a property in Turkey is the real estate prices in Turkey , the most important factors that determine these prices , and what is the average real estate prices in Istanbul in the year 2020 , in this article an explanation and detail of the most important criteria and factors affecting real estate prices in Turkey of all kinds , positively or negatively , and they are generally basic standards known to real estate experts , especially those who specialize in real estate appraisal , the property price is not only related to its area , but a number of important factors .
What is the property price ?
The price of the property is the financial value that is agreed upon between the buyer and the seller , where the seller offers his real estate to sell at a certain price , and this price must be close to the market price , and negotiations are held between the seller and the buyer to agree on a price that is satisfactory to both parties .
Real estate prices in Istanbul areas differ according to several factors , including :
- The main and most important factor is how close or far the property is to the city center and the commercial center . Areas such as Taksim , Sisli , Osmanbey , Fatih and other most expensive areas of Istanbul are considered , despite their age and property consumption , as the most expensive areas in Istanbul .
- The price of the property is directly proportional to its proximity to the main means of transportation , as the city of Istanbul suffers in general and over the years from overcrowding , despite the strong and distinctive transportation network .
- Prices interact up and down with the proximity of the apartment and its distance from the tourist areas and commercial centers , as this affects the return on investment in the case of a desire to rent the apartment and obtain a guaranteed return .
- The real estate is near and far from major infrastructure projects in Istanbul , such as : international airports , the Bosphorus Strait , the new Istanbul Canal , trade fairs , and so on .
- Demand for real estate in the same area , has increased during the past five years , the demand on the outskirts of Istanbul because of its development and the growth of real estate projects and infrastructure in it , and from these areas : Beylikduzu , Basaksehir , Buyukcekmece , Esenyurt , and others .
- Technical specifications of the property , in terms of building quality , area of the apartment , apartment view , available services , are all factors that have a direct impact on the price of the property .
Prices for apartments in Istanbul 2020
According to the latest statistics in 2020 , the price per square meter of apartments in Istanbul ranges between $ 347 and $ 781 in the areas where we read the updated prices , regardless of the condition of the property , whether new or old , and this number can rise to $ 1200 in some modern areas , and to multiply that in the most important areas of the city , and the value of each real estate varies according to the location and specifications , in addition to the aforementioned factors .
Areas where apartment prices have increased in Istanbul
As a result of the urban development and the renaissance witnessed by Turkey and the city of Istanbul in particular , the areas are gaining their importance as a result of the major projects that are being carried out in the country , and from these areas , the areas near New Istanbul Airport are the most fortunate , as the rate of increase in real estate prices has reached about 116% in some areas surrounding the airport . Also , the areas near the two highways , Basin Express and North Marmara , in Basin Express , prices increased in two years by 300% , and the Calaca area , real estate prices increased in only two years by about 16% , and an Umraniye area on the Asian side of Istanbul saw an increase in real estate prices by approximately 4% . Among the candidate areas for increasing real estate prices are the new Esenyurt and Silivri areas on the European side of Istanbul .
Average price per square meter of the most important real estate areas in Istanbul
Esenyurt area :
Esenyurt is considered as one of the largest areas in Istanbul and its municipality is one of the largest municipalities in Turkey , as it is one of the fastest-growing areas in the real estate sector , where there are towers and secure housing complexes , and it is expanding continuously day after day . The area is divided into simple popular neighborhoods , with cheap real estate , and upscale modern neighborhoods that are affordable , as various transportation services , restaurants , shopping centers , schools , and universities as well , are available , and it is also very close to the sea and other recreational facilities .
The average price per square meter in Esenyurt is 584 $ ( equivalent to 4000 TL )
Beylikduzu area :
Beylikduzu area is considered as the new cultural face of Istanbul , as it is located on the European side of Istanbul and enjoys sea views of the Marmara Sea and Buyukcekmece Lake . Beylikduzu area is characterized by the availability of the main services in it , where schools , universities and major shopping centers such as Marmara Park Mall are located , in addition to the presence of business and investment centers in Beylikduzu , and provides public transportation that facilitates your transportation to all parts of Istanbul .
Beylikduzu area is considered as one of the most beautiful and most attractive areas for investors and those who want to buy real estate in Turkey , as it has undergone many civilizational developments that have increased its importance and aesthetics , making it the ideal destination for investors in Turkey and it is an ideal area for investment , work and living in Istanbul .
Average price per square meter in Beylikduzu is $ 1022 ( equivalent to 7000 TL )
152 - Apartments and villas with direct sea views in Beylikduzu Marina
The project is built on an area of 65.000 square meters with a private entrance , and the project contains villas with full sea view , varying between bilateral or separate villas ranging in size from 453 to 585 square meters .
The project is located on the European side of Istanbul , on the beach of Yakuplu .
The project promises a comfortable life for its residents as it is close to major roads , bridges , and highways, and is easily accessible by public transport.
For more details about the project : RH 152
Basaksehir area :
Basaksehir area is located on the European side of Istanbul , and it is at the forefront of Istanbul areas in terms of housing projects .
Basaksehir area is characterized by its high infrastructure and the availability of public transportation , as the new metro line passes , as well as its proximity to the new Istanbul airport .
Basaksehir area is considered as one of the most important real estate investment areas in great demand , and it is growing day after day and promising huge investment returns and profits .
The area is characterized by an important location that it is considered as the closest area to the new Istanbul third airport , and near Istanbul water channel , which is planned to be one of the largest projects in Turkey , in addition to the third Istanbul Bridge .
The average price per square meter in Esenyurt is 1387 $ ( equivalent to 9500 TL )
Uskudar area :
Located on the Asian side of Istanbul , Uskudar area overlooks the Bosphorus Strait from the eastern side .
Uskudar is one of the most prestigious tourist areas in Istanbul , because of its elegant historical landmarks , such as towers , palaces , mosques from the Greek era to the Ottoman era , in addition to many natural parks , which are famous for its panoramic height , revealing the beauty of the city , making it one of the most important places of Asian side of Istanbul for residence , and one of the best tourist areas in Turkey .
The average price per square meter in Uskudar is 1752 $ ( equivalent to 12000 TL )
RH 186 - Investment project in Uskudar with Bosphorus view
It is a housing and investment project was built on a land area of 13.840 square meters . The project consists of 4 blocks with 188 apartments and 138 commercial areas .
The project provides apartment types ranging from 1+1 to 5+2 .
The project is located on one of the most special spots of Istanbul , where you will wake up to the deep blue Bosphorus view every day .
The project is located in Uskudar district in the Asian side of Istanbul . It is located near to Fatih Sultan Mehmet Bridge and it is only 2.4 km away from the beach .
All the details on the following link : RH 186
Sisli area :
Sisli is one of the most important and famous areas in Istanbul, where tourists like to visit it all the time of the year due to its proximity to the monuments and religious places, in addition to its potential as an excellent investment area.
Sisli in Istanbul is a center of commerce and shopping malls, as it is a central area providing public transport services and modern infrastructure.
Sisli area includes the famous Istanbul Cevaher Mall, which until recently was the largest shopping mall in Europe and the second-largest urban shopping center in the world. Sisli is home to many luxury brands globally, particularly in the elegant Nisantasi district.
Sisli is full of attractions that meet everyone's needs of visitors and residents alike.
Average price per square meter in Sisli is $ 2482 ( equivalent to 18000 TL )
RH 80- apartments with Bosphorus view and suitable payment plans in Sisli
A first-class residential and investment project in the center of Sisli , specifically in the fast-growing Bomonti area .
The project location is just 8 minutes away from Taksim .
This project has been designed in line with the highest quality standards in real estate in Turkey .
All apartments have private balconies with views of Istanbul or the Bosphorus .
Invest in this project today and benefit from its prices which will increase by 40% after the completion of the project .
All the project details in this link : RH 80
Maslak area :
Maslak is the investment center of Istanbul , and it is one of the largest real estate development areas in the city . Maslak is located on the European side of Istanbul , close to the famous Sisli , Saiyer , and Levent areas .
Maslak is located in one of the most important locations in Istanbul , close to shopping centers , public transport , major roads , arts , sports , and culture centers .
Maslak is only minutes away from Taksim and Levent , not more than 5 minutes from the Bosphorus and 25 minutes from Istanbul's third airport , giving it strategic and investment importance .
Maslak includes the most important residential complexes and shopping malls , such as Vadi Istanbul , overlooking the Belgrade forests , and it is 15 minutes away from the Asian section of Istanbul .
Average price per square meter in Maslak is $ 2628 ( equivalent to 18000 TL )
RH 163 - One of the best projects in Maslak , ready for housing with a view of Belgrade Forest
Apartments for sale in Istanbul in a huge project like a full-service city , which includes a shopping center , 5-star hotel , and integrated social facilities .
The project provides an ideal choice for housing and investment . The project was built in three phases : the units of the first residential phase have been completed and fully sold , the second phase includes shops and a shopping center , while the third and final phase is a mixture of residential and commercial apartments .
The project is located on the European side of Istanbul , specifically in Maslak , one of the largest real estate development areas in the city .
All the project details in this link : RH 163
