Turkey's real estate market is currently in what many analysts refer to as the ‘Buy Zone’ – a period where property prices are more favourable for investors. This phase is intricately linked to the country's inflation dynamics and the government's monetary policies. Understanding this relationship is crucial for investors looking to capitalise on opportunities in the Turkish real estate market.
This comprehensive guide will educate you on Istanbul’s real estate dynamics, helping you make informed investment decisions. Our goal is to highlight the segments of the market with the highest potential for return on investment (ROI), particularly for those interested in Istanbul real estate.
With over 20 years of experience in the real estate industry, Cameron Deggin is a recognised expert – successfully investing throughout Istanbul and assisting thousands of clients to do the same. His knowledge of Turkish real estate establishes him as a leading authority in the field. We sought his insights on the best investment segments in Istanbul's real estate sector.
Göktürk in Istanbul is rising to super stardom status on the real estate market, as more buyers flock to the offerings that seem a world apart from the main city centre. As buyers in Istanbul change their lifestyle preferences and turn away from the busy central districts, the family-friendly environment shines through, and the area is shining on buyers' radar.
When learning about the famous streets in Istanbul, expect nothing but the best. All prominent global cities have streets that put them on the worldwide map of fashion, gastronomy, tourism and real estate, and Istanbul is no exception. Whether you want to invest in prime real estate or splash cash on spending sprees, Istanbul's streets deliver.
Bursting with modern influences and trends, and popular with foreign expats who have bought homes in the area, Beyoglu is a centre of entertainment and lifestyle choices for those looking to make Istanbul their new home. Here is your complete guide to everything you need to know about Beyoglu.
According to data released by The UN World Tourism Organization, global travel has almost returned to its pre-pandemic peak with a total of 975 million people choosing to go abroad in 2023 – millions of those choosing Turkey as their preferred destination of travel with Istanbul officially being the most visited city in the world in 2023.
When thinking about modern architecture in Turkey, it would be easy to assume that the movement has only just started. Yet, rather than being a sudden shift from traditional architecture to modern, the process has taken over 100 years. The change of ideas and thinking in design and practical use started during the late days of the Ottoman Empire, which began to incorporate more Westernised European architecture into their buildings.
Airbnb has become a global phenomenon, connecting travellers with unique and affordable lodging options. However, despite its widespread popularity, some countries have chosen to block or impose strict regulations on Airbnb operations within their borders, including the USA, Japan, Spain, France, Australia, and many more. In 2024, Turkey introduced new Airbnb measures that will have a big impact on the way that short-term lettings operate in the country going forward.
To describe what kind of architecture is in Istanbul would take a complete book and much understanding of various styles over the centuries. Istanbul, a city straddling two continents, has been a melting pot of cultures, civilisations, and influences throughout its rich history. From ancient marvels of the Byzantine Empire to the grand Ottoman era, Istanbul testifies to evolving architectural styles. These days, that architecture makes it one of the world’s most popular tourist destinations, due to people flocking to see the ancient buildings.
Forum Istanbul is Turkey’s biggest shopping mall. In fact, Forum is Europe's largest shopping mall as well. Selling Turkish and international brands, Forum Istanbul has won countrywide fame for its design and shopping choices. Indeed, when looking at modern shopping malls, expect the best of the best from Forum.
Along with neighbouring Uskudar, Kadikoy in Istanbul is the star of the Asian side. From coffee shops to narrow streets, the nostalgic tram, and memorable ferry rides, this district of the Istanbul province is famous for sightseeing and buying houses in Asian Istanbul. Renowned for lively atmospheres and a vast street market spanning centuries, Kadikoy excels in creativity, gastronomy, and entertainment.
When talking about Istanbul, most travel websites and guidebooks focus on the old city district holding all the ancient Byzantine and Ottoman landmarks. For shopping and a vibrant nightlife scene, recommendations are to visit the Taksim / Beyoglu district, also home to Istiklal Avenue, the country’s busiest street. Yet for repeat visitors and tourists with more time in the city, the Asian side of Istanbul is also worth exploring. As the eastern half of the city, it is home to roughly 4 million people and a splattering of place to go and attractions to see.
As Turkey positions itself on the global stage, two strategic plans, Vision 2053 and Vision 2071, stand out as blueprints for the nation's future. These visions are not mere aspirations; they are meticulously crafted roadmaps that outline Turkey's journey towards becoming a global powerhouse in various sectors.
In the bustling heart of Istanbul lies Beşiktaş, a district that's not just a geographical space but a prime hotspot for savvy real estate investors. Imagine walking along the European shore of the Bosphorus, where every step through this district reveals a blend of history and modernity, making it not just a desirable place to be, but also a smart investment choice.
Foreign buyers wanting to know reasons to buy property in Istanbul are assured plenty. Istanbul, where Europe meets Asia, offers a rich history, stunning architecture, and rapidly growing real estate markets. For foreign buyers considering investing in international property, Istanbul has attractive propositions and plenty of properties for sale.
In the dynamic landscape of global real estate investment, Istanbul emerges as a beacon of potential, standing tall against the backdrop of the well-established Dubai market. While Dubai has long been the glittering jewel in the crown of Middle Eastern real estate, the tides are shifting, and Istanbul's market is beckoning investors with its robust growth and promising future.
As Istanbul looks to the future, it is expected to welcome a staggering 24 million visitors by 2028, a testament to the city's enduring appeal and the thriving market that it offers to hotel investors. The landscape is one of opportunity, diversity, and growth, promising rewarding ventures for those who navigate it with insight and strategy.
Istanbul, the ancient city that straddles two continents, has long been a melting pot of cultures and civilisations. But beyond its rich history and stunning architecture, Istanbul is emerging as a global powerhouse in various sectors, from technology and finance to tourism and culture. Recent economic forecasts by the IMF for Turkey further underscore Istanbul's rising prominence on the world stage.
Beyoğlu is a district that pulsates with life, embodying the essence of Istanbul's rich cultural, historical, and social tapestry. Known for its vibrant streets like Istiklal Avenue, the district is a hub for art, music, and gastronomy, offering a kaleidoscope of experiences that cater to a diverse population. Eyüp is a district steeped in history and spirituality, home to the Eyüp Sultan Mosque.