When buying a commercial property in Istanbul, several factors must be evaluated carefully. Accessibility is a priority, meaning the property should be close to the city center, business hubs, and major highways. The working environment must be efficient and bright, with sufficient natural ventilation and well-maintained infrastructure. Essential features include indoor or outdoor parking, central heating and cooling systems, and proximity to banks or ATMs. Proper maintenance of the building and elevators is also crucial.
Istanbul has become a major economic and commercial bridge between East and West. The city attracts global companies, entrepreneurs, and investors due to its strategic location and strong business ecosystem. Popular districts such as Levent, Atasehir, Sisli, and Maslak host the highest concentration of commercial buildings and continue to be hotspots for investment.
With a population of nearly 16 million, Istanbul is an industrial hub for Commercial Real Estate in Turkey. As commercial property sales grow each year, Istanbul is rapidly rising among the world’s most preferred commercial investment destinations.
How Are Commercial Property Prices Determined in Istanbul?
Commercial property prices in Istanbul depend on several factors:
- Being located in a high-traffic commercial zone
- Being inside a shopping mall or business center
- Having a rental guarantee or long-term tenant
- Access to public transportation, highways, parking, and pedestrian-friendly surroundings
- Easy vehicle entry and exit
- Corner-unit locations with high visibility
- Daily traffic flow providing passive visibility for businesses
- Proximity to residential zones, restaurants, and essential services
Average Commercial Property Prices in Istanbul
| Commercial Property Type | Minimum Price (USD) |
| Multifamily | 90,000 |
| Office | 3,600,000 |
| Industrial | 1,100,000 |
| Retail | 560,000 |
| Hotels | 4,000,000 |
| Mixed-Use | 6,400,000 |
| Land | 340,000 |
| Special-Purpose | 120,000 |
Advantages of Buying Commercial Property in Istanbul
- High-income potential through lease-backed assets
- Strong appreciation rates driven by market demand
- Ability to use leverage to build equity and multiply returns
- Stable long-term investment with lower volatility
- Strategic location between Europe and Asia
- Growing international interest in Istanbul’s commercial real estate market
Istanbul offers a strong investment foundation due to tourism, trade, education, and economic activity. Consulting with experts like Istanbul Property ensures low risk and maximum return.
Who Can Buy Commercial Property in Istanbul?
Most foreign nationals are legally allowed to purchase commercial property in Istanbul. Before buying, it is recommended to consult with a professional real estate advisor to find the best property matching your investment goals.
Which Districts Are Ideal for Buying Commercial Property?
- Levent
- Atasehir
- Sisli
- Maslak
Can I Get Turkish Citizenship by Buying Commercial Property?
Yes. Foreign investors who purchase real estate worth at least 400,000 USD and commit to not selling it for three years can apply for Turkish Citizenship by Investment.
Is There a Commercial Property Tax in Istanbul?
Commercial property taxes in Istanbul range between 0.1% and 0.6% depending on property type and location. In metropolitan municipalities, the annual property tax rate is 0.4%. Land is taxed at 0.6%. Commercial units are also subject to 18% VAT.
Do Foreigners Pay Commercial Property Tax?
Yes. Foreign and local owners pay the same tax rates under Turkish real estate law.
Features of Modern Commercial Properties in Istanbul
- Central, high-traffic locations
- Access to transportation networks
- Private or shared parking facilities
- Fitness and wellness amenities
- Large windows and natural lighting
- Modern building entrances and lobbies
- On-site dining or café areas
- Outdoor relaxation areas
- Flexible office floor plans
- High-speed internet and digital infrastructure
Is It Safe to Buy Commercial Property in Istanbul?
Yes. Commercial real estate generally offers higher profitability and faster capital recovery than residential property. Long-term leases provide stable monthly income, and Istanbul’s growing economy continues to support strong commercial performance.
If you are planning to invest in commercial real estate in Istanbul, Istanbul Property consultants can help you evaluate projects and choose the highest-yielding opportunities.