Straddling east and west, this world city has a fascinating mix of old and new – and apartments for sale in Istanbul embody this diversity. New developments on Istanbul’s European side by big name brands are the ultimate in modern style and no-holds-barred luxury, with 5-star hotel facilities and every ‘extra’ imaginable. Expect to pay around Euro 150,000 for a smallish apartment in European Istanbul. Prices range up into the millions of pounds. A housing shortage, coupled with Turkey’s economic success has meant that apartment prices are rising fast in Istanbul (more than 10% annually according to a recent Reuters report) – and property is being snapped up at lightning speed, with 90% of units sold before development completion.
How much do apartments in Istanbul cost?
Renovated apartments in Istanbul are a good option for Istanbul buyers looking for something with a more traditional feel. A number of Ottoman-style apartments and penthouses have been tastefully renovated in the stylish European side of the Bosphorus. These start at around Euro 150,000. Developments have also sprouted on the city’s outskirts to cater for the growing population of commuters, these units have good facilities and travel links to the central city. Cheaper, but with good returns, these low entry level apartments for sale in Istanbul are a good investment for someone who would like to dip their toe into the city’s growing rental market. Units start at around Euro 45,000.
Apartments for Sale in Istanbul
Property buyers looking at apartments for sale in Istanbul should prepare themselves for a whirlwind journey of Turkey’s busiest and most comprehensive real estate market. Whether you want an off-plan two-bedroom apartment, a resale loft with high ceilings, old or modern family homes with terraces and balconies, duplex or studio apartments, you’ll find what you are looking for within your budget on both the Asian and European sides of the city.
Istanbul’s portfolio of apartments for sale ranges from budget bargains to ideal long-term investments to luxury penthouses with an all-encompassing sea view to match. You can start your property search now because our portfolio with hundreds of apartment listings focuses on all areas of Istanbul.
Each listing includes photos, floor plans, key features, location details, and reasons that property stands out. To know more about any home, fill in the enquiry form to receive more information or arrange a viewing. If you are an international investor or it's your first time buying into Istanbul’s apartment market, it helps to know which area you want to buy a flat in, because they all differ and each has something unique to offer.
For people who are unsure, we run viewing trips around Istanbul so you can get to know neighbourhoods and where the shops, schools, bars, restaurants, banks and transport links are, but here is a quick snapshot of areas that are marking their mark on Istanbul’s property market.
Prominent areas for Apartments Sales in Istanbul
The Sisli area in European Istanbul revolves around business and shopping malls, yet desirable neighbourhoods have plenty to offer apartment buyers. Bomonti, a district undergoing renovation and an overhaul of its urban planning structure attracts real estate investors looking for long term capital appreciation. Its late entry to modernising its real estate portfolio has also kept prices down, making it ideal for budget buyers.
The other neighbourhood, Nisantasi suits luxury buyers. As an upmarket region, the lifestyle revolves around hedonism and comfort, and some penthouses in the area are stunning examples of idyllic and luxurious homes. Another alternative for luxury apartment buyers is prestigious Cihangir, a neighbourhood with a reputation engrained in the arts, culture and social scenes.
Besiktas on the shores of the Bosphorus is high profile and ideal for people who want great transport links or to be in the heart of the business centre, Levent. Sitting on either side of the Golden Horn, buyers looking at apartments for sale in Fatih and Beyoglu should expect to pay a higher price per square meter because these districts are the hearts of old and new Istanbul. However, their charming portfolio includes original, unique homes for urban city fans.
Urban regeneration has transformed Eyup into a famous conservative district while Beylikduzu attracts investors with its low prices per square metre and future potential. Over on the Asian side of Istanbul, areas dominating the market include Pendik, Kartal and high profile Uskudar.
How to search for a flat in Istanbul
To start your home search, browse our listings of apartments for sale in Istanbul, or if you are looking at a specific district, contact us, and we’ll send a range of apartments in that area to your email inbox. As an experienced estate agent operating all over Turkey, we’ve guided thousands of people through the Istanbul apartment buying process, and ready to help you in your search for a perfect home.
Completed and ready to move in immediately are these high quality luxury properties for sale in the peaceful area of Bakirkoy, situated just a short 20 minutes away from Taksim Square and the city centre for commuting.
Once completed, this gigantic project will be the tallest building in Istanbul coming in at an impressive 287 metres tall. Completion is set for 2016 and you can choose from a studio up to large four bedroom master suites with amazing views.
A top pick in this part of the city, these amazing properties are available in sizes ranging up to seven bedrooms and are for sale in Buyukcekmece area of Istanbul – located just 100 metres away from the seaside.
Forming part of a high quality complex in Sariyer area of Istanbul, these modern apartments have Title Deeds in place and meet the requirements for those wanting to apply for Turkish Citizenship by Investment.
With beautiful views out towards the sea and surroundings, these incredible Zeytinburnu apartments are some of the best in the entire city of Istanbul, forming part of a 5-star complex with access to a comprehensive range of facilities.
Forming one of the most complete residential complexes in Istanbul, these properties have been designed by an award-winning British architect and enjoy exceptional views and access to an on-site marina and much more.
Suitable for families and those moving to Turkey, these modern apartments are nestled within a residential area of Beylikduzu in Istanbul and have access to a full range of social facilities and an on-site shopping mall.
Purchase an elegant property in sizes ranging up to seven bedrooms when you invest in one of these luxury-designed residences in the prestigious neighbourhood of Nisantasi within the very centre of Istanbul.
Live in the city centre of Istanbul when you purchase one of these luxury-designed properties for sale in the Taksim area of the city, situated just a few minutes walking distance away from famous landmarks and monuments.
An opportunity not to miss, these spacious apartments are found in a residential area of Beylikduzu in Istanbul and are located just a few minutes away from the famous West Marina for sailing opportunities.
Fully equipped with a range of luxury social facilities and on-site daily amenities, this 5-star project is situated in Beylikduzu and overlooks the sea with a panoramic view – just a short walking distance away from West Marina.
A top pick for those looking to relocate to Turkey with children, these fantastic apartments are found in the city centre of Besiktas and have panoramic views heading out to the Bosphorus Sea and city landscape.
These apartments are located in the city centre of Istanbul in Besiktas and form part of a top quality building equipped with a shared swimming pool and social facilities for residents to enjoy with their families.
A few minutes away from Yildiz Metro Station for commuting on a daily basis, these modern apartments are for sale in Dikilitas area of Besiktas and are suitable for families and those moving to Turkey.
Istanbul apartments do not come at a better location than Trump Towers in Sisli especially if offered at below market value. Call Property Turkey now to discuss available apartments and what we can do for you on price. This is a one off opportunity.