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Real Estate in Istanbul Competes with the Most Luxurious Residential Models Globally

: 2019-10-23 Modified date : 2019-11-04

Real Estate in Istanbul Competes with the Most Luxurious Residential Models Globally
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Istanbul fascinates the eyes of those who see it with the charm of its location, its features, and historical landmarks. It became famous in the East and the West and it is ranked among the best places to live in the world, which was a motivation to look for real estate in Istanbul with a view for residence and investment.

The most popular properties in Istanbul in recent years

The latest statistics indicate that the number of properties sold in Turkey during the last five years has reached nearly 6.6 million apartments for sale in Turkey.

According to the news published recently by the Anadolu News Agency about Turkey's real estate sales figures in five years, it was found that Istanbul has been ranked first for sales of the aforementioned years. However, it achieved a sale of one million and 153 thousand and 778 properties in Istanbul, which constitutes 17.52 percent of the total sales throughout Turkey during the period.

Property in Istanbul

Ankara came second after Istanbul with 691,494 residences, and Izmir came third with 387,614 residences.

As one of the most popular areas of Istanbul real estate, Esenyurt, Basaksehir, and Beylikdüzü were among the most popular areas to buy property in the city.

Considering foreigners' purchases of apartments for sale in Turkey, Turkey's sales to foreigners between September 2014 and the same month of 2019 amounted to 137,869 housing units.

There is no doubt that the proportion of sales to foreigners throughout Turkey, which accounts for almost 10 percent of sales in Istanbul, the most active city in terms of real estate indicates the success of the Turkish government's plans to attract more foreign investments in this sector. That came through their decision to grant Turkish citizenship to those who own real estate in Istanbul or other Turkish cities worth 250 thousand US dollars, tax cuts on foreigners, and other incentives.

Real Estate Istanbul

Real estate in Istanbul is comparable to the best international real estate

The advanced residential models in Turkey represented by residential complexes in Istanbul, with a safe environment, and modern urban structure, combines the ideal model of social residence integrated services, modern and full of beauty, fun and facilities, and methods of building competing with residential complexes in Europe and other developed cities of the world.

Not to mention the stunning beauty of the city, which is located on the coasts of two seas: the black and Marmara, and the Bosphorus strait with an exceptional view, which provides many of its properties amazing sea views, or on the forests of the green city, or within the city and its vital parts.

In addition, prices of competitive Turkish property that are cheap and affordable compared to those of Europe and neighboring countries, which we explained in detail in our previous article: «Which is better: buying a property in Europe or in Turkey?»

Apartment for sale in Turkey

Here are two models of real estate in Istanbul out of nearly 200 residential complexes marketed by Imtilak Real estate, detailing their specifications and prices of apartments in them:

Route Istanbul Complex

  • It is so nice to dream but it is nicer if this dream comes true and you live it.
  • Our new Complex is located in Atakoy / Bakirkoyon the European side of Istanbul.
  • Your life in Atakoy will be inspired by your dreams a life full of prestige, central location, investment value and more.
  • The Complex is next to the most thoroughfare highway of the city, E5 Highway.
  • Just 10 minutes away from TEM Highway and 5 minutes away from the coastal road.
  • The entire city is within your arms reach with metro and Metrobus stations within walking distance…
  • All materials and systems to be used shall be according to Turkish Standards and specifications or respective CE, etc. standards.
  • Surrounded by Universities, schools, hospitals and shopping centers.

  • All residence apartments shall have an air-conditioning system.
  • Domestic Water.
  • Ventilation system.
  • Fire Extinguisher.
  • Generators and Modern lifts.
  • Indoor parking garage.
  • Video intercom.
  • Security and cameras.

 

Number of rooms 

Minimum space

Number of bathrooms

Parking

The Minimum price in dollars

1+1

76

1

1

139000

2+1

120

1

1

222000

Istanbul Residence 3 Project

  • The project is close to the third bridge's link that is called Yavuz Selim Bridge which leads to the third airport.
  • One minute proximity to the largest medical city project in Europe, which is planned to contain nine large hospitals in different disciplines, and will doctors, nurses and patients from different countries of the world.
  • The project’s area is characterized by its vitality and provides all the supplies.
  • The project is considered a real estate investment opportunity because of the surrounding projects from the square, the medical city, the botanical garden, and the metro station, all of which will be ready within two years.
  • With the guarantee of the Turkish government and the partnership of the municipality of Basaksehir.
  • The apartments are now sold in the Residences section and starting a new phase.
  • Close to Salah al-Din mosque, the second largest mosque in Istanbul.
  • Contains several models of apartments 1 + 1, 2 + 1, 3 + 1 and 4 + 1
  • Indoor separate pools for men and women.
  • Turkish bath, sauna, and steam room.
  • Fitness facility.
  • Tracks for walking and sports exercises.
  • Basketball – Tennis courts – a small football playground.
  • Separate closed swimming pools for men and women.
  • Nearby schools.
  • Earthquake resistant.
  • Vast green spaces and games for children.
  • Security protection and surveillance cameras around the clock.  
  • Delivery of Phase 2 of the Istanbul 3 complex was postponed until mid-2021.

Number of rooms 

Minimum space

Number of bathrooms

Parking

The Minimum price in dollars

1+1

70   

1

1

86000

2+1

105

2

1

137000

3+1

158

2

1

188000

4+1

202

2

1

205000

Edited by: Imtilak Real Estate ©

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