Istanbul comes out on top in the list of the most real estate investment attracting cities in Turkey. It is indeed ultimately fair for Istanbul as one of the most eminent international cities in the world. It actually attracts millions of tourists every year. Over and above, Istanbul is a genuinely preferable destination for considerable capital in the world.
The sector of real estate investment in Istanbul is prominently one of the far-reaching sectors which attract local and international investors. This is in the first place thanks to the abundant profit that investors reap in return, fast within a very short period of time. Furthermore, at the level of warranties, Turkey has to a high extent overcome the political hardship and now relatively leading a life of ease and comfort politically and economically compared to many other countries.
Prices of one square meter of property in Istanbul:
The prices of one square meter of real estate vary consistently according to various variables including the area, location, special features and vividness aspects. For the estimation of real estate square meter prices in the most significantly distinguished districts of Istanbul, the Information Analysis Center ‘TOFIMAR’ in Turkey provided a scientific research that came out with the following results:
Esenyurt: The average price of one square meter of real estate is 2204 Turkish Lira. According to prices statistics, Esenyurt came in the bottom of the list with the lowest average prices.
Çatalca: The average price of one square meter of real estate is 2312 Turkish Lira.
Sultanbeyli: The average price of one square meter of real estate is 2378 Turkish Lira.
Silivri: The average price of one square meter of real estate is 2460 Turkish Lira.
Arnavutköy : The average price of one square meter of real estate is 2466 Turkish Lira.
Beşiktaş: The average price of one square meter of real estate is 11 409 Turkish Lira. Beşiktaş according to the provided statistics has hit the record as the highest average prices.
Sarıyar: Sarıyar took the second place of the highest costly areas with an average price of 9897 Turkish Lira for one square meter of real estate.
Bakırköy: The average price of one square meter of real estate is 7925 Turkish Lira.
Kadıköy: The average price of one square meter of real estate is 7063 Turkish Lira.
Ataşehir: The average price of one square meter of real estate is 4406 Turkish Lira.
Beyoğlu: The average price of one square meter of real estate is 4972 Turkish Lira.
Eyüp: The average price of one square meter of real estate is 4261 Turkish Lira.
Fatih: The average price of one square meter of real estate is 4187 Turkish Lira.
Considering the above provided real estate prices, it is noticed that the prices in Istanbul European Side are higher than the prices in Istanbul Asian Side. This probably is due to the features which the European Side Istanbul is characterized by such as abundance of job opportunities, more historical, entertainment and touristic sites, besides the massiveness of industrial investment areas. And this by means of satisfaction makes it a more wanted real estate destination for people compared to Istanbul Asian Side. Indicatively, these given information denote the feasibility of real estate investment in Istanbul European Side in contrast to Istanbul Asian Side.
Criteria to consider in the process of owning property in Istanbul:
There are numerous criteria that should be taken into consideration to own a real estate in Istanbul. The criteria below come as the most counting ones for a life of comfort and ease:
- To be close to public transportation, especially Metro and Metro-Bus.
- To be close to public services, such as schools and hospitals and other.
- To be close to common markets where fresh greengrocer is available weekly.
- To be close to shopping centers.
- To be safely proceeded with far from any hazardous real estate projects, that is to say to be among the projects guaranteed by the government or carried out by well known companies.
Thereby, in compliance with all the criteria mentioned above, Damas Real Estate Company is assiduously keen on exhibiting the best real estate projects in consistency with your budget and all the criteria that can make real estate a refuge for life at ease and comfort.
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