Different prices of real-estate in Istanbul
Istanbul is the vibrate real estate market in Turkey. The visitors from all around the world have their eyes on this city. Istanbul merges Asia, Europe, and the Middle East in an artistic picture. In 2018 The number of foreign visitors in Istanbul increased by 11.74% compared to 2017. The number of visitors is nearly 12 million tourists per year. The Prices of the real estate in Istanbul differ depending on the market and the area of residence. The market divided into three sections.
Low real estate prices:
Real estates for sale in Turkey usually start from $ 30,000 for a studio (0+1). They are mainly in the suburbs area of Istanbul. By the end of 2019, there will be an opening of a new metro line, which will help shorten the distance between these cities and the city center of Istanbul to 30 minutes. Essenyurt, Avcılar, Beylikdüzü, Bağcılar…
Average real estate prices:
For 0+1 studio sale in at these areas, prices will mainly start from $ 70,000. Generally, they are close to the city center. These areas witnesses a huge rise in demand on them, this is due to their location and surrounding. They are close to all the transportation, Bosphorus, touristic areas, or the sea, and can reach up to most of the suburbs of Istanbul. Zeytinburnu, Bahçeşehir, Başakşehir, Büyükçekmece…
Expensive real estate prices:
These kinds of Real-estates mainly located in very elegant and sophisticated districts. The cost of a studio (1+0) starts from $ 100,000. These regions are usually the most valuable in Istanbul. These properties are luxurious in terms of housing or living. They are far from the noise and the crowdedness of the city. Şişli, Beşiktaş, Levent, Maslak, and Sarıyer.