Istanbul real estate market grows very fast. By the impact of the urban transformation, some of the districts in Istanbul change entirely in a short time period. In all 39 districts, some of the zones are coming forward with investment opportunities. Although buying apartment in Istanbul is profitable in general, in certain districts the return of investment rate is higher
Popular Investment Locations to Buy Apartment in Istanbul European Side
Kagithane is located at very central Istanbul right nearby the main districts such as Besiktas, Sariyer, Sisli and Eyup. 10 years ago, Kagithane was a nonresidential place mostly with industrial ateliers and old buildings. Within 10 years the urban transformation has begun and more than 30 real estate projects have been built in Kagithane. Since the location of Kagithane is very central, the demand to the real estate projects in Kagithane became very high. There are still on-going projects in Kagithane which offers high investment values.
Bomonti is a neighborhood in Sisli. Bomonti is named after the beer factory in the area. The area was also an industrial area 15 years ago. After the Kagithane and Besiktas Tunnels’ completion, the Bomonti area became very easy to access and became a residential area. Many luxury towers have been built in Bomonti area as well as 5 stars Hilton hotels and social facilities such as Bomonti Ada. Apartments for sale in Bomonti offer a high return of investment in terms of rental income and price appreciation.
Alibeykoy is part of the Eyup Sultan district which is nearby to the Golden Horn. It is also close by to the Tem Highway and Besiktas Tunnels where you can reach the city center quickly. After the metro and tram stations were opened in Alibeykoy, the area became very popular and promising. In addition to that, most of the apartments for sale in Alibeykoy has a beautiful view since Alibeykoy is located on the top. To buy an apartment in Istanbul, Alibeykoy is one of the most convenient locations.
Popular Investment Locations to Buy Apartment in Istanbul Asian Side
Atasehir is located next to Kadikoy. Atasehir is also located where E-5 and TEM highways are intersected. Therefore, it is one of the easiest locations to access in the Asian Side of Istanbul. Atasehir area is one of the best urbanized areas in Istanbul since it’s a new area. It is a both financial and residential area. The value of Atasehir started to increase after the Istanbul Finance Center’s construction has launched. When the Istanbul Finance Center is completed, there will be high demand for the apartments in Atasehir. This is the strongest reason why buying property in Atasehir is a good investment.
Kartal is a large district in the middle part of Istanbul Asian side nearby to the Marmara Sea. It is a very rapidly changing area and becoming more popular and luxurious every day. New apartments for sale in Kartal are cheaper than most of the locations on the Asian Side such as Kadikoy, Atasehir and Uskudar. The reason behind it is the cost of the land is cheaper in this area since it is not directly in the city center. After the metro line from Kadikoy to Kartal is opened, the area started to be more valuable every day.
Buy Investment Apartment in Istanbul
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