12 Best Real Estate Investment Areas in Istanbul

The most lucrative real estate market for foreigners to invest in Turkey is Istanbul. Of the 68,168 real estate transactions made by foreigners in 2021, 22.1% were for citizenship, of which 80.1% were for real estate purchases in Istanbul. Istanbul has 39 districts.

Foreigners choose to invest in three main areas: Esenyurt, Beylikduzu and Basaksehir. The following seven districts ranked in the top ten in Istanbul for foreigners to invest in: Bagcilar, Avcilar, Buyukcekmece, Kucukcekmece, Kagithane, Zeytinburnu and Fatih.

More well-known areas such as Besiktas and Beyoglu are also top choices for popular areas, but with lower ROI. These are the trends for 2022 as reported by the Property Superiors website.

Top Three:

Esenyurt:

Savvy investors are looking for Esenyurt. Safe high-rise buildings and apartments are affordable and close to shopping centres, transport and green spaces. Lifestyle Residences has some on-site amenities for everyone, such as a swimming pool, gym and hiking trails.

Beylikduzu:

A number of new affordable projects have appeared in Berik Duzu, on the western outskirts of the city. Life is centered around Jachthafen West, with its yacht club and lively atmosphere, and public transport that takes you quickly to the city centre. Here you will find luxury buildings at affordable prices.

Basaksehir:

On the European side of Istanbul, modern Basaksehir has a strong infrastructure. High-quality developments with good educational, social and commercial facilities make this a popular investment location. Both Turks and foreigners compete for real estate there.

And the Rest of the Top Ten;

Bagcilar is located on the Basin Highway and is connected to many locations in Istanbul. The area is growing rapidly and there are many good investment property opportunities here.

Avcilar, located between Beylikduzu and Kucukcekmece, had one of the largest increases in the average price per square metre in the city, with an increase of 99.56%.

Buyukcekmece was once located on the edge of the European side of the city, but has now developed into a separate urban centre with an exciting entertainment area around its eponymous lake. Istanbul International Community School is just around the corner from Hadimkoy, a great place to find a nice villa in a safe complex.

Adjacent to the lake and the Sea of ​​Marmara on the European side, Kucukcekmece is one of the most popular areas in Istanbul. Easy access to the TEM and E5 motorways, close to Bachesehir with many schools and social facilities nearby.

Kagithane is located in the city center. Numerous new quality developments have emerged in this densely populated area near the Golden Horn. Surrounded by Sarier, Beyoglu, Besiktas, Eyup and Sisli, you can reach the best of the city from anywhere in 20 minutes.

Zeytinburnu is an older community where existing structures are being refurbished and new buildings are being developed along the waterfront. Over the past decade, this urban renewal has increased the number of properties available, with excellent public transport, hotels and more. This is a lively neighborhood known for its large shopping malls.

Fatih is a great place to invest in buying rental properties. With its bustling business district and neighborhood vibe, it has come back into fashion over the past decade. Close to the sights of Taksim and the Old Town, trams and metros provide quick access to the furthest corners of the city.

Istanbul foreign investment bonus recommendation!

Taksim - Popular among expats, Taksim is a historic district in central Istanbul. There is little new development here, but neighborhoods like Galata are filled with beautiful buildings from the 19th and early 20th centuries. The two-kilometer-long Istiklal has many high street brands and Taksim has many public transports such as buses and subways.

Sisli - Vibrant Sisli is centrally located with many shopping malls and transport options. The buildings range from classic historic buildings in Nissan Tassi to new projects in Beaumonti to skyscrapers like Trump Tower. Some of the city's top hospitals, including American Hospital, are located in this neighborhood. Young professionals, families and students will find the ideal place to live in Sisli.