Thinking of moving to Istanbul or investing in it? Either way, you first need to be aware of the most appealing areas that residents prefer to move to.
Istanbul is the biggest city in Turkey. Each area of this city has special features making it unique and distinguishes it from the others. These features such as natural landscape, urban and economic viability as well as some successful projects define the value to each residential area.
Here are some key ideas to help you choose the best residential areas for housing in Istanbul.
Things to consider before choosing a residential area in Istanbul
Selecting a housing area for living in Istanbul is probably one of the most vital decisions you can ever make. Because the area you choose will determine the future value of your house as well as many other aspects of your life. As we mentioned above, Istanbul is a big city. It has a total of over 18 million people, with at least 39 residential areas. Below are some of the factors you need to consider before settling in any of these housing areas?
The infrastructure of the city
Before you choose any area for your property in Istanbul, you first need to consider the availability of infrastructure as It’s so important to make your property grow in value. Think of things like hospitals, schools, shopping centers, and the rest, all of which are vital to any homeowner.
Anyone looking to buy a home in Istanbul will first want to know the distance between the house and school, given that he probably will have children. Not so many would appreciate taking their children to schools being far away from home which would make them spend a lot of time going to and back from school. It might be quite hard for employed parents. Also, you should think of the availability of international schools in Istanbul, and how far they are from the area where you want to live in Turkey.
The proximity to hospitals is also another very vital consideration for homeowners. In fact, no one can tell when he will need medical services, and thus the nearer you are to a health facility, the better it is. In case of any medical emergencies, then access will be easy.
The presence of strong and good roads in any residential area in Istanbul means that it is highly attractive to housing projects. Thus you should be keen to check how the streets have been developed before buying a housing property.
Means of transport is another important factor for one to consider before choosing a residential area in Istanbul. Note that just like infrastructure, the connections to transportation web determine the value of the residential property you want to invest in. If the property is far away from the main transport lines, then you should expect the prices to be low compared to those close to the transport means. In Istanbul, you need to consider the proximity to the metro line, the Motorbus line, or the bus line, being the major transport options in the city. Before you buy any residential area, ensure that the region is close to any of these.
Security of the residential area
In any metropolis, security and safety is a primordial factor. As you are investigating residential areas for your property in Turkey, you also need to figure out the security situation of the city. Thus, try to find the count of police stations in any region. The higher this count is the better it is.
Every residential area in Istanbul has its value primarily based on several factors, such as those mentioned earlier. That’s why you need to narrow your search by pointing out the average price for different regions. You will then select the ones matching with your budget and get an excellent real estate area more efficiently.
Except for the property price, you need to be sure that you can afford the cost of living in your favorite neighborhood because it can turn costly in some areas rather than others.
Think of the area’s prospects
To buy a property in Turkey, you need to know about its future. Istanbul municipalities are working to ensure the development of all the areas in the city. Thus, information are easily found with the support of certain real estate agents operating within the districts of Istanbul. Make sure you ask your real estate agent about the future of the areas before you choose any one of them.
Eight best residential areas in Istanbul to consider buying a property
If you are considering buying property in Istanbul, then you will always be confronted with two choices. Either to buy on the European or the Asian side. The European part is located on the west of the Bosphorus. It’s known as a crowded area with vital coastal areas making it a major destination attracting properties buyers. However, the Asian side is located on the east of the Bosphorus and it holds the geographical importance of Istanbul, making it the best residential area of the city.
Let’s showcase some of the most attractive residential areas in Istanbul:
Located on the European side, Basaksehir is the new Istanbul center and has been classified by experts as one of the best areas to buy an apartment in Istanbul. The area boasts of modern infrastructure and services, excellent geographical location near bridges and airports.
Basaksehir is located near to a large lake and has high-quality educational facilities and health facilities. These have made the area become a top destination for both local as well as international investors. With all these, you cannot miss noticing the rising prices of the apartments in the area.
Atakoy is another area that has been rated as one of the best residential areas in Istanbul. Atakoy boasts of luxurious Istanbul hotels such as the Sheraton hotel. This residential area is full of modern buildings, gardens, and seaside cafes and restaurants and is located on the European side as well. It is necessary to mention that Atakoy overlooks the Sea of Marmara, making it the best place for tourism in Turkey.
In terms of security, the area has several police stations equipped with well-trained officers. It ensures that the security of Atakoy is well maintained, and everyone is free to go about their activities.
Located on the same side as Atakoy and Basaksehir, Kagithane is a residential area that boasts of magnificent green nature. Its features such as the best modern Turkish architecture, make it a place that everyone would wish to live in. Surrounded by both public and private parks, Kagithane is on the list of the best residential areas in Istanbul. While visiting this area, you can notice, expect the high-quality services with an array of social amenities.
The area has a lot of modern facilities, with more and more foreign as well as local investors setting up residential apartments. These apartments have made the prices of real estate in the area go up. Luxurious projects in the area have also been witnessed in recent days.
Located on the European side too, Basin Express is considered as one of the best areas for houses in Istanbul. The city is characterized by excellent transportation lines, being located at a junction of roads between Ataturk and Istanbul’s new airport.
Basin Express is known to be home to mega projects in Turkey. Besides, it has dozens of luxurious hotels,
The Halkali area of Istanbul is located on the European side and boasts of structures built using modern and innovative technologies. This area is the fastest growing in terms of development and capital inflows, with hundreds of investors choosing to invest their money here.
The area has a charming view of the lake, which is popular with Istanbul residents. In a bid to woo more investors to this area, the municipal council has made more effort to ensure the area is easily reachable, with modern roads being constructed.
Also known as the city of gardens, Bahcesehir district is the most beautiful of all the residential areas in Istanbul. It is a green region, with an excellent living environment.
Unlike some of the regions, this area has numerous shops, malls and health facilities. Experts opine that the cost of real estate in this area will rise by more than 50% once the metro line project is complete. This line will be able to connect this area to the central regions of the city. The proximity of the Istanbul canal project is another factor that makes the value of real estate in this area go high.
Peoples from all over the world have been trooping to this area, thanks to its elegant design with modern buildings and huge towers. While in this area, you can be able to have an unlimited view of the sea, given that it stretches along the Marmara Sea and black sea.
The Marmara Sea has contributed greatly to attract hundreds of investors coming to this area, rising the real estate prices in Beylikduzu. It also acts as a tourist attraction site, since historical sites have been developed in the area as well.
There is everything here to make you fall in love with this area. Think of an excellent transport network, the presence of international schools, tourists’ sites, and many other features.
Uskudar is a residential area found in the Asian part of Istanbul. It is mostly known for elite’s members of the society and has all that any elite may need. This area is commonly known as the land of tourists, due to the high number of visitors.
Uskudar is located near the Bosphorus Bridge and the Maiden tower. It is one of the most famous tourist attractions not just in Istanbul, but in the whole country.
This area also boasts of robust infrastructure, with new transportation network, modern technologies in public facilities and parks, and many other features. It has high-quality hospitals, international airport, enhanced security, and much more.
Located on the European side, between Taksim and Besiktas, Nisantasi is home to celebrities and many expat arrivals. While in this area, it will be a miracle if you fail to spot a familiar face of a singer famous or TV host.
The area is well secured, with all manner of social amenities available. The well-maintained transport lines make this area exceptional and more and more appealing.
Istanbul is a safe place, whether for business or just for leisure. Be aware that before you visit it, you can get a travel guide online so that you can acquaint yourself with the residential properties and get answers to related questions about the area. By having a residential property in Turkey, you will now be among the many people who are benefiting from the economic viability of Istanbul.