What are the Districts in Istanbul that Need to be Invested in?

Istanbul is one of the most popular cities chosen by both local people and foreigners for investment. Ever-growing with new construction projects, the once best purchase has given way to new areas.

This change occurs due to new developments and construction projects. Urban transformation projects and developments in transportation infrastructure, which provide earnings on the capital, rental income, and long-term profit potential, attract the attention of investors in different regions.

Istanbul is also the city most preferred by foreign investors for citizenship by investment due to new regulations. That’s why foreigners who want to invest in Turkey prefer Turkish citizenship by investment. Buying a property is also very easy, and since the Turkish government made new regulations on the rules that allow foreigners to buy property in Turkey, there are no barriers to finding your dream home in Istanbul and buying it hassle-free.

1. Beylikdüzü

Beylikdüzü, a region with a high rate of value growth, has become one of the areas where prices have significantly increased, thanks in part to investment opportunities and the Bakırköy-Avcılar-Esenyurt-Beylikdüzü metro line, which connects the European and Anatolian sides of the city. Foreign investors are becoming more interested in the region, which offers a good quality of life along with high-quality investment prospects and newly constructed projects. Beylikdüzü's population is 451,812 as of 2023. This population consists of 221,170 males and 230,642 females. As a percentage: 48.94% are men and 51.06% are women.

In the last month, the prices of houses for sale in Beylikdüzü have increased by 20.35% in the housing market. While the average residential square meter prices in the Beylikdüzü district are 883.02 USD (16,228 TL), the payback period is calculated as 18 years. Accordingly, in the real estate index and regional report of 2024, the average price of a 100-square-meter house purchased in Beylikdüzü was between 70,642.76 USD (1,298,250 TL) and 110,456.34 USD (2,030,400 TL).

2. Kadıköy

One of the most sought-after locations for investment is Kadıköy, one of the most beautiful places on the Anatolian Side. With its social amenities, proximity to the European Side, ease of accessibility thanks to the metro lines, and proximity to other crucial neighborhoods like Acıbadem and Bağdat Street, Kadıköy offers high property values and enticing rental revenue. Kadıköy’s population is 530,287 as of 2023. This population consists of 239,161 men and 291,126 women. As a percentage: 45.10% are male, and 54.90% are female.

In the last month, the prices of housing for sale in Kadıköy have increased by 17.25% in the housing market. While the average residential square meter prices in Kadıköy district are 2,705.89 USD (49,568 TL), the payback period is calculated as 28 years. Accordingly, the average price of a 100-square-meter house purchased in Kadıköy district in the real estate index and regional report of 2024 was between 213,567 USD (3,912,800 TL) and 320,651 USD (5,875,600 TL).

3. Ataşehir

With the development of high-quality real estate projects in the district’s west, Ataşehir has increased in value. Sales of hotels and retail stores rose in the area, particularly as a result of the Istanbul Financial Center Project. Ataşehir’s population is 464,370 as of 2023. This population consists of 228,725 men and 235,645 women. As a percentage: 49.25% are men and 50.75% are women.

In the Ataşehir residential market, the prices of houses for sale increased by 22.78% in the last month. While the average residential square meter prices in the Ataşehir district are 1,512.76 USD (27,688 TL), the payback period is calculated as 17 years. Accordingly, in the real estate index and regional report of 2024, the average price of a 100-square-meter house purchased in the Ataşehir district was between 112,268.72 USD (2,210,890 TL) and 148,345.72 USD (3,170,500 TL).

4. Zeytinburnu

Preparations are underway for the development of new real estate projects, commercial properties, hotels, and other services in Zeytinburnu, which is one of the most popular regions for international investors. These enterprises have a lot of opportunities for very high returns, especially if you buy them early. Zeytinburnu’s population is 308,956 as of 2023. This population consists of 154,855 men and 154,101 women. As a percentage: 50.12% are men, and 49.88% are women.

In the last month, the prices of the houses for sale in Zeytinburnu have increased by 6.38%. While the average residential square meter prices in the Zeytinburnu district are 980.23 USD (17,764 TL), the payback period is calculated as 12 years. Accordingly, the average price of a 100-square meter house purchased in the Zeytinburnu district in the real estate index and regional report of 2024 was between 73,401.19 USD (1,333,425 TL) and 103,689.18 USD (1,880,500 TL).

5. Ümraniye

The area experienced a significant spike in real estate prices as a result of the Finance Center and Üsküdar-Ümraniye-Çekmeköy metro line projects. New projects and ongoing construction have a great potential for return on investment. Ümraniye's population is 774,223 as of 2023. This population consists of 387,112 men and 387,111 women. As a percentage: 50.00% men and 50.00% women.

In the last month, the prices of houses for sale in Ümraniye have increased by 16.72%. While the average residential square meter prices in the Ümraniye district are 1,021.36 USD (18,504 TL), the payback period is calculated as 19 years. Accordingly, in the real estate index and regional report of 2024, the average price of a 100-square meter house purchased in the Ümraniye district was between 81,899.32 USD (1,481,250 TL) and 116,789.38 USD (2,110,800 TL).

6. Başakşehir

Although Başakşehir, which is a commercial area, is far from business centers, it offers good investment opportunities to investors. While the Atatürk Olympic Stadium, health centers, and other investment projects support this opportunity, the investment values of the region, which can offer easy solutions for transportation with the Otogar-Bağcılar-Başakşehir metro line, are growing. Başakşehir's population is 529,789 as of 2023. This population consists of 265,789 males and 264,000 females. As a percentage: 50.17% are men, and 49.83% are women.

Housing prices for sale in Başakşehir have increased by 12.43% in the last month. While the average residential square meter prices in the Başakşehir district are 21,993 TL, the payback period is calculated as 26 years. Accordingly, in the real estate index and regional report of 2024, the average price of a 100-square meter house purchased in the Başakşehir district was between 1,643,090 TL and 2,737,500 TL.

7. Esenyurt

Esenyurt, which has long been the center of attention, can easily maintain its prices and sales figures, but in recent years, when new and opulent projects and urban transformation projects in the area have been combined with the convenient transportation opportunity that all public transportation lines pass through the area, investment and rental returns have been growing exponentially. Esenyurt's population is 1,034,220 as of 2023. This population consists of 529,210 men and 505,010 women. As a percentage: 51.15% are men, and 48.85% are women.

In the last month, the prices of houses for sale in the Esenyurt market have increased by 15.89%. While the average residential square meter prices in the Esenyurt district are 9,188 TL, the return time is calculated as 12 years. Accordingly, the average price of a 100-square meter house purchased in the Esenyurt district in the real estate index and region report of 2024 was between 755,104 TL and 1,260,200 TL.

8. Pendik (Kurtköy)

Kurtköy attracts attention with its real estate developments suitable for all income types and has started to establish its name even in a huge region like Pendik. Due to its generally advantageous position, the neighborhood is commonly chosen by international investors. It is particularly close to the Sabiha Gökçen Airport and the Islands, one of Istanbul’s favorite vacation destinations. Pendik's population is 789,122 as of 2023. This population consists of 398,122 men and 391,000 women. As a percentage: 50.47% are men and 49.53% are women.

In the last month, the prices of houses for sale in the Pendik housing market have increased by 20.35%. While the average residential square meter prices in the Pendik district are 13,567 TL, the payback period is calculated as 18 years. According to this, the average price of a 100-square meter house purchased in the Pendik district in the 2024 real estate index and regional report was between 1,044,000 TL and 1,740,800 TL.

The Advantage of Investing in Istanbul

Istanbul is a perfect city in every way. In addition to the attraction of its culture, history, and natural beauties, this city also offers numerous advantages for the investment and business world. If you are considering investing in Turkey, you should consider Istanbul. Here are the reasons that make this unique city great for investment:

The Heart of the Corporate World

The commercial center of Turkey is Istanbul. Istanbul is home to the corporate headquarters of numerous national and international businesses. Consequently, there are several employment options in this metropolis. Istanbul serves as a hub for both domestic and international travelers thanks to the firms that are present there. It wouldn’t be inaccurate to argue that there is always a desire for the city. By investing in a city with so many prospects, you can profit from these opportunities.

The Influence of Travel

Istanbul is perhaps Turkey’s most fascinating city, in our opinion. Everyone is enthralled by Istanbul’s natural, cultural, and historical splendors. Millions of people visit the renowned dream city each year. Of course, there is fantastic potential for investors wherever there is a tourist. For instance, you may start a business in the lodging sector by buying a hotel in a busy area of the city. Istanbul’s high visitor volume provides hotels with a very favorable environment.

The Big Projects

The majority of the nation’s significant projects are carried out in Istanbul. Mega projects increase demand for the city and employment in equal measure. Every investor desires to invest in a setting that never loses its energy.

A Culture of Open Innovation

Istanbul is a city that welcomes investors, which is one of the reasons it attracts significant investment each year. This city, which is always growing and changing, is particularly receptive to new ideas in terms of business and investment. Therefore, with your investment ideas, you should have no trouble finding a place for yourself in this metropolis.

World Access is Simple

Istanbul is a city that connects continents due to its geographic location. Due to its proximity to significant ports and the fact that the Bosphorus serves as the first stop for travelers from Europe and Asia, you will have access to the entire world from this city.

What Benefits Can You Get from Buying Istanbul Real Estate?

Istanbul housing is in high demand. Istanbul is a fantastic area to invest in, especially if you are thinking about investing in real estate; we must inform you of the following: Istanbul’s real estate market is always in high demand. An investor has a distinct advantage when they know they won’t have any trouble renting out the flat they just bought.

Which Sectors are Advantageous to Invest in Istanbul?

Istanbul is not only one of the best cities to have districts that need to be invested in, but also has the most advantageous sectors to invest in. Moreover, Istanbul is the most populous city in Turkey and is also one of the most important cultural and financial centers in the world. This means that people from different cultures, civilizations, countries, races, and sects mostly come to Istanbul to work, live and invest in real estate. Because there are numerous sectors to invest in people who want to work in Istanbul, in different locations, different sectors, and different positions. Also, the country has developed in different sectors and is growing day by day. There are various kinds of valuable sectors in Turkey and these are listed below for you;

Agriculture

Firstly, the planted land in Istanbul is quite small, but its productivity is high. Because there is more than one type of climate in Istanbul and it has Mediterranean vegetation. The modern agricultural method is used in Istanbul. On the other hand, the modern agricultural method is the application of various methods (scientific, and technological ) to obtain high yields from the soil. The most widely planted crops are wheat, broad beans, sunflower, onion, corn, oats, and barley. So, in the field of vegetables and fruits, tomatoes, cucumbers, peas, zucchini, apples, pears, and grapes are grown mostly. Some of the professions in the field of agriculture are; Farming, agricultural engineering, agricultural products management, agricultural expertise, and seed industrialism.

Fishing

Istanbul is considered the center of fishing because it is located in the Marmara region. The main fish species are bluefish, bonito, horse mackerel, anchovy, kidney beans, and whiting. The professions of fisherman and hunter can be shown as an example of the fishing sector.

Industry

Istanbul is one of the most developed cities in terms of the industrial sector. Approximately half of the 100 industrial enterprises in Turkey are located in Istanbul. Istanbul Chamber of Industry is the largest chamber of industry in Turkey. Mechanical engineering, automotive engineer, technician, and CNC master can be shown as examples of industrial sector professions.

Transportation

Istanbul is the richest province of Turkey in terms of transportation. So, road, railway, sea, and air routes are very convenient in terms of transportation in Istanbul. In addition, almost all of the tourists who flock to Turkey are entering from Istanbul. Train engineers, couriers, drivers, captains, and pilots are examples of professions that can be given to the transportation sector.

Technology

Technology is a rapidly growing and developing sector in Istanbul. In the technology sector, products such as electronic products, computers, information technologies, mobile devices, and household appliances can be given as examples of technological advancements. Also, technology company includes companies such as Apple, Samsung, and Microsoft. Apart from these, artificial intelligence, smartphones and tablets, blockchain, and home appliances that work with technology are examples of this sector. The professions that are examples of this sector are computer programming, software engineering, web design, and data science.

How Can I Invest in Real Estate in Istanbul?

One of the most promising real estate markets in the world can be entered by investing in Istanbul property. A center of excellence for investment in tourism, education, business, the economy, and trade, this center rotates constantly. The city is striving day and night to become one of the top financial centers in the world, with hundreds of flats, villas, and commercial properties being bought and sold every day.

Istanbul, while not being the capital, is the lifeblood of the nation and plays a significant role in Turkey’s 2024 vision plan to be the greatest performing nation. Because of this, real estate investors from around the globe swarm to the region to diversify their holdings and take advantage of the enormous capital appreciation potential.

Istanbul Property, one of the most seasoned real estate companies in Turkey, can assist you in finding the ideal property through purchasing, selling, investing, property management, financing, and after-sale services, to name just a few. With more than 11 years of customer satisfaction, 73 percent of Istanbul Property's new customer base is generated by referrals from former customers who purchased real estate in Turkey. You can easily purchase the real estate of your desires from our website, or you can get in touch with us directly to receive satisfactory help.