Why the real estate market in Istanbul differs between Asian and European
Why the real estate market in Istanbul differs between Asian and European is the title we chose for our article today
Istanbul is considered one of the most prominent international cities in terms of its cultural and economic diversity and its ancient history
Located in Turkey, this unique city is a thriving interface of the bridges of the ancient and modern world, where European and Asian influence intersect in a unique way reflecting its geographical and cultural diversity
One of the outstanding aspects of that economic and cultural integration is the real estate market in Istanbul, which shows a marked contrast between the Asian and European sections of the city
The explanation of this discrepancy is of great interest to real estate investors and researchers, due to its impact on real estate prices and investment opportunities
If you are wondering why the real estate market in Istanbul differs between Asian and European, This article will provide you with a comprehensive understanding of the pivotal factors behind this discrepancy
We will discover the economic, social and cultural influences that play a role in shaping the real estate market in these two sides of Istanbul
In addition, we will shed light on the challenges and opportunities facing investors in this diverse city and give tips on the best strategies to take advantage of those differences
If you are looking for answers to this exciting question, why the real estate market in Istanbul differs between Asian and European
This article will give you a comprehensive view of the real estate market in Istanbul and the reasons why it is a unique city in this regard
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The unique uniqueness of the Asian side of Istanbul
Calm character and green nature
The Asian side of Istanbul is characterized by a calm and peaceful character, it is full of vast green spaces, gardens, parks. This natural character gives the area exceptional beauty and provides a quiet and comfortable environment for residents
Tourist attractions
The Asian side is considered an attractive tourist destination for visitors from different parts of the world. It contains prominent historical, archaeological and natural monuments such as the famous girl’s Tower, The Princess islands, many palaces of the Ottoman Empire such as the beylerbey Palace and many others. Those attractions enrich the experience of tourists and add a special attraction to the Asian side
Luxury real estate
The Asian side is characterized by the presence of luxury commercial and residential complexes characterized by the highest standards of quality, safety and security. Such complexes guarantee their resistance to earthquakes and natural disasters, they are equipped with sound and heat insulating materials. These complexes offer an integrated and differentiated lifestyle to the population
Integrated transportation system
The Asian side includes an integrated transportation network that connects the city areas with each other, and contributes to facilitating the daily movement of residents and saving time and effort
Huge development projects
In addition, the Asian side of Istanbul hosts many huge development projects that have greatly influenced the global arena. Such as Sabiha Gokcen International Airport, Eurasia Tunnel and many other projects that have contributed to the development of the region and strengthening its position on the international arena
Many people are wondering why the real estate market in Istanbul differs between Asian and European, continue reading the article with us to know a comprehensive view of the real estate market in Istanbul
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The European side of Istanbul between luxury and real estate development
The most important details related to the European side in Istanbul
The European side of Istanbul is characterized by its luxury and remarkable development in various aspects, especially in the field of real estate, where it enjoys a reputation limited to luxury residential complexes and modern villas with high-end European designs
The European side includes the new Istanbul airport, which is the largest and most famous airport in the world, making it an important air interface for the city
The new Istanbul Aqueduct project, also known as the era project, is one of the most prominent ongoing projects in the region that will have a significant impact on infrastructure and development
The European side hosts the modern and advanced Basaksehir Medical Hospital, which can accommodate eight hospitals in one place
Despite the many archaeological and historical monuments that the European side embraces, it is relatively lacking in the sights of nature
This side is replete with huge markets and malls, luxury malls such as Mall of Istanbul, jewel mall, Venice Mall and many others
It is noted that real estate prices on the European side of the city are higher than on the other side due to several factors, including advanced infrastructure development, high demand for it, and large-scale urban development and urbanization projects
Continue reading the article with us to get a comprehensive answer to the question of why the real estate market in Istanbul differs between Asian and European . You will find more details and information inside the article to understand the reasons and factors that lead to this difference
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Optimal places for investment. Real estate in the Asian side of Istanbul
The iskudar district is one of the most prominent luxury areas in Istanbul, characterized by the availability of public and private educational institutions, in addition to its magnificent view of the Bosphorus and the European side. This area is important for those looking for apartments for sale and offers a combination of luxury and a waterfront that sets it apart from others
On the other hand, omranieh area is one of the attractive locations to search for apartments for sale. This area has recently witnessed many urban development projects, and it is characterized by competitive real estate prices, which makes it a good choice for investors and those looking for suitable housing
In addition, you can also search for apartments for sale in other areas such as Beykoz, Bandak, Kadikoy, and Kartal. These areas are considered the most important real estate investment areas in Istanbul, as they are characterized by the availability of all modern means of life, including educational institutions and health facilities, in addition to a developed transportation network that facilitates movement within the city
Notable areas for real estate investment on the European side of Istanbul
Despite the fact that all areas of the European side are distinguished in the city, there are areas that stand out especially. For example, the Sariyer district is known as the area of the wealthy and VIP, it is distinguished by its developed infrastructure and charming views of the Bosphorus
In addition, you can consider choosing the Basaksehir district, which is distinguished by its strategic location close to Istanbul airport
This area is newly established and includes many residential complexes equipped with the highest standards of security and protection
Advantages of investing in real estate in Istanbul exceptional opportunities for apartments and Turkish citizenship
Istanbul is considered the gateway to the world of real estate investment, where it is possible to take advantage of its various features and factors to achieve high returns, especially during the tourist seasons
In addition, the city has a high population density and annually attracts large numbers of foreigners, businessmen and students
Real Estate residence in Turkey can be obtained by purchasing a property worth at least 75 thousand US dollars. This document allows legal residence in Turkey
In addition, you can obtain Turkish citizenship if the value of the property is not less than 400 thousand US dollars. This is considered a further incentive to invest in real estate in Turkey
It is possible that real estate prices in Turkey will rise in the future as a result of the completion of some development projects and the high prices of raw building materials
Therefore, the current time is very suitable for searching for apartments and properties for sale in Turkey, especially with the great economic, political and urban development that the country is witnessing
Own and invest with confidence in Turkey with our distinctive services
Services provided by Kate turk company
We are here to guide you and provide the necessary tips to facilitate the process of buying properties that meet your needs and fit your budget. We always strive to provide the highest level of technical and artistic quality to ensure the realization of your dream of owning a property in Turkey
We offer integrated services to help you obtain Turkish citizenship by investing in real estate in Turkey. We provide comprehensive guidance that includes choosing the right property and extends to obtaining a Turkish passport as soon as possible
Our specialized team in the field of decoration and design has a long experience in decorating and design, and is responsible for overseeing the implementation of projects strictly. We also offer architectural and interior and exterior design consulting services in Istanbul
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