Istanbul’s visual appearance has changed significantly over the last two decades, spreading into lovely adjacent neighborhoods, providing expats with the pleasures of city living without the hustle and bustle. Because Istanbul is such a diversified metropolis, any working expat or retiree migrating to the country can explore the city’s many districts to discover an excellent location for a real estate investment, and use that as a path to gaining Turkish citizenship. The following districts in Istanbul are some to consider for your real estate investment:
Karakoy
This neighborhood, known as Istanbul’s “hipster” side, has many cafés and restaurants on its streets. Karakoy is an area that allows hundreds of individuals to enjoy life on a daily basis by living their alternative lifestyles, and provides them with an integrated city vibe that joins locals and internationals alike.
Cihangir
Cihangir, being an artistic district of Istanbul, attracts a large number of artists and musicians. You may look for houses in Cihangir if you want to be close to everything, and all the happenings.
Taksim
Taksim is one of Istanbul’s most central neighborhoods, with a lot of historic architecture, including some of Turkey’s oldest mosques. Because it is an older district, the architectural quality may differ from that of its surrounding districts.
Nisantasi
This is an expensive district with costly restaurants and stores with solid investment opportunities here beginning at $250,000. Keep in mind that this small investment sum will not qualify you for Turkish citizenship by investment.
Sariyer
This region is well-known for its proximity to financial centers as well as its beautiful views of the Bosphorus. Sariyer is close to the city’s greener regions, which is why it is the first choice among families relocating to Istanbul. The region provides a variety of housing alternatives, including luxury apartments, mansions, and villas.
Etiler
Etiler, one of Istanbul’s most costly neighborhoods, is great for people looking for luxury, as there are many popular shops, trendy cafés, and attractive workplaces. In Etiler, you get a chance to find a villa with a view of the Bosphorus or a luxury apartment.
Other Places in Turkey To Buy Property
Aside from Istanbul, there are other places in Turkey that provide foreigners with real estate investment options.
Bodrum
Bodrum is a well-known Turkish coastal town that has stone buildings, seaside views, and separate villas with large gardens. Bodrum is also an excellent spot to spend the winter because of its climate. The town has a significant British expat community that has chosen to retire there.
Antalya
Antalya is a well-known summer spot for locals and tourists alike. The city is located in southern Turkey, making it an ideal place for year-round summer life. This is the third most popular expat destination in Turkey, and it is also one of the greatest areas in Turkey to purchase a home, which is demonstrated by its blue flag beaches, pleasant temperature, and big expat community. According to figures issued by the Turkish Institute of Statistics (TUIK), the city has around 100,000 international residents.
Ankara
Ankara, Turkey’s capital city, is another popular location for foreigners. Ankara’s property costs are lower than those in Istanbul, so if you want to live in a large city but don’t want to invest a lot of money, Ankara is a good option. It provides a variety of retail alternatives, is near to major attractions, and has many business prospects.
