The most important residential areas in Istanbul 2024

Real estate in Istanbul constitutes the most significant property market in Turkey, followed by markets in Antalya, Bursa, Izmir, Ankara, and others.

Istanbul’s properties attract individuals interested in living, investing, or engaging in business activities in Turkey.

The real estate areas in Istanbul vary, ranging from residential neighborhoods suitable for living, and family settlement.

especially for Arabic families, to investment areas serving as hubs for finance, business, and commerce.

Advantages of Living in Istanbul 2024:

Istanbul boasts several features that make it one of the best Turkish cities for living. These advantages include:

• Central location, situated between Europe and Asia, with proximity to the African continent.
• Touristic and commercial attractions in Istanbul encourage real estate ownership.
• Istanbul is surrounded by the Marmara Sea to the south and the Black Sea to the north, connected by the Bosphorus Strait, providing numerous beaches, lakes, forests, and valleys.
• Abundance of historical sites such as palaces, towers, bridges, castles, mosques, churches, and historic buildings.
• Developed infrastructure in Istanbul, including hospitals, schools, malls, roads, bridges, tunnels, and extensive transportation networks.
• Istanbul is the most populous city in Turkey, with a population of approximately 16 million.
• Attracts over 10 million tourists annually from various parts of the world.
• Around 3 million foreigners, representing diverse countries, reside in Istanbul.
• A sizable Arab community in Istanbul originating from multiple Arab countries.
• Istanbul’s real estate market is modern and sophisticated, featuring major residential and commercial complexes with various types of apartments, villas, offices, and shops.

Motivations for Arab Families to Reside in Istanbul:

Residential Complex Projects in Istanbul:

• Residential complex projects in Turkey attract Arab families for residence due to their modern designs.
• quality construction, diverse spaces and styles, room distribution, views, building segregation, and the availability of services such as security.
• surveillance cameras, controlled access, reception desks, inquiries, multi-story car parks, as well as sports facilities, halls, gardens, and more.

Infrastructure Development in Istanbul:

• Istanbul’s infrastructure has evolved significantly due to noticeable government attention, given its strategic location and importance for both Turks and the world.
• Numerous health, education, and entertainment institutions have been constructed, along with transportation networks.
• This development has elevated Istanbul’s status, opening additional roads and streets.

Lower Cost of Living Compared to Europe:

The cost of living in Istanbul is significantly lower than in major European cities, especially concerning food, consumer goods, textiles, and daily necessities.

Stability in a Global City and Business Establishment:

• Istanbul provides stability, security, and tranquility for families, allowing household heads to keep their families at home.
• and in the area during both daytime and late-night hours. Additionally, establishing a business in Turkey is facilitated by government laws and regulations.

Turkish Citizenship through Real Estate Purchase:

• Every foreigner from eligible nationalities is entitled to buy property to obtain Turkish citizenship, along with their spouse and children under 18.
• provided that the property value exceeds 400,000 dollars.

Real Estate Residency in Turkey:

• Many Arabs and foreigners are drawn to buying property in Istanbul, especially in Turkey overall, to obtain real estate residency and enjoy its benefits.
• The value of the property granting real estate residency varies between major and smaller cities.

Lower Property Taxes in Turkey:

• Property taxes in Turkey are low compared to many European cities. Property transfer fees in Turkey do not exceed 4% of the property value.
• Value-added tax varies based on the type and size of the property but remains reasonable. The same applies to other taxes.

Best Residential Areas in Istanbul 2024:

Başakşehir:

• Başakşehir, situated on the European side of Istanbul, is bordered by Lake Küçükçekmece to the south and the Arnavutköy region to the north.
• It boasts vast green spaces comprising forests, gardens, and valleys.
• Recently classified as the new center of Istanbul, it hosts major government development projects due to being a seismically safe area.
• Başakşehir is renowned for its family-friendly environment, attracting numerous Arab and Gulf families, particularly for its privacy.

Beylikdüzü:

• Beylikdüzü forms one of the significant coastal lines of Istanbul, stretching between the Marmara Sea to the south and the E-5 highway to the north.
• Beylikdüzü harbors the second-largest marina in Istanbul, accommodating 500 luxury yachts. Additionally, it features the largest natural project in the region.
• the Valley of Yaşam, spanning a million square meters.
• It is well-connected with Metrobus stations facilitating transportation to various city areas, along with small and medium-sized buses.

Bağcılar:

• Bağcılar stands out as an excellent family residential area with abundant public services. It encompasses major Istanbul hospitals.
• along with childcare centers, schools at various educational levels, and universities offering diverse scientific and literary specializations in multiple languages.
• Bağcılar also hosts a range of markets and shopping centers, including ISTOC, the largest wholesale market in Istanbul.
• and it is also close to the Mall Of Istanbul one of the most famous shopping centers in the city It is conveniently located along the E-5 highway, approaching Istanbul’s city centers.

Sarıyer:

• Sarıyer serves as a witness to the meeting point of the Bosphorus Strait to the east and the Black Sea to the north.
• Bordered by Belgrade forests to the west and Istanbul city centers to the south, Sarıyer boasts dozens of beaches and coastlines distributed between the sea and the strait.
• Notable neighborhoods include Maslak and Zekeriyaköy.

Şişli:

• Located in the heart of Istanbul, Şişli touches the shores and bridges of the Bosphorus. Described as the commercial capital of Istanbul.
• it hosts major global companies, as well as consulates, and governmental, and international organizations.
• Şişli is renowned for its modern streets, advanced infrastructure, transportation networks, and the ease of walking to numerous surrounding tourist landmarks.

Beyoğlu:

• As the primary tourist and cultural center of Istanbul, Beyoğlu annually attracts millions of tourists. Key areas include Taksim, İstiklal Street, and Galata.
• Its boundaries extend to the shores of the Bosphorus, characterized by heritage and historical buildings, along with several residential complexes built in recent years.

Zeytinburnu:

• A significant center in Istanbul, Zeytinburnu’s strategic location adjacent to the walls of Istanbul and the Fatih district stands out.
• It stretches along the coasts of the Sea of Marmara, known for its advanced infrastructure, proximity to the fast E-5 highway.
• and inclusion of educational, healthcare, and entertainment institutions, along with transportation networks, markets, bazaars, and malls.

Üsküdar:

• The oldest area in Istanbul, located on the Asian side, Üsküdar sits on the shores of the Bosphorus and the Sea of Marmara.
• surrounded by the forests of Beykoz and areas like Caddebostan and Ümraniye. It is close to Sabiha Gökçen International Airport.
• and is known for its moderate climate due to the blue sea and greenery.

Bakırköy:

• Situated between Istanbul’s suburbs, represented by Avcılar, Küçükçekmece, and Esenyurt, and the central districts like Zeytinburnu and Fatih.
• allows easy commuting between suburbs and city centers. Bakırköy stretches between the Sea of Marmara to the south.
• and the E-5 highway and Küçükçekmece Lake to the north.

The Golden Group for Real Estate Consultations offers a wide range of real estate projects in Istanbul’s residential areas.

providing distinctive offers and services with the possibility of obtaining attractive discounts. You can contact us anytime through our official website.

our social media platforms, or direct communication via our dedicated customer service numbers.