Prices of villas and apartments in Istanbul 2024

Prices of villas and apartments in Istanbul 2024

Table of contents

Buying villas and apartments in Istanbul: a comprehensive guide for investors

Beach villas in Istanbul, Türkiye

Due to the high population and the influx of tourists, the real estate market for villas and apartments in Istanbul is very active, leading to an increase in apartment prices. Additionally, the diverse neighborhoods in the city have contributed to varying prices for villas and apartments. Newly built apartments in Istanbul tend to have relatively higher prices. The cost of apartments in Istanbul varies based on the neighborhood. Central and well-known areas typically have higher prices, while suburban and developing areas offer more affordable options. To learn more about Istanbul neighborhoods and the best areas for buying a home, click the link.

Factors contributing to the increase in apartment prices in Istanbul include, first and foremost, high demand. The availability of recreational amenities and public services in the city has also led to a rise in property prices in Istanbul.

Buying a property in Istanbul with the aim of obtaining a Turkish passport

Istanbul, Turkey, as a large and diverse city, offers a variety of housing options, including villas and apartments. Due to the increasing demand for housing in the metropolitan city of Istanbul for acquiring Turkish citizenship, property prices in Istanbul have also undergone changes. In this article, we aim to examine the prices of villas and apartments in Istanbul in 2024 and discuss the factors that influence housing prices in the city.

Advantages of buying villas and apartments in Istanbul

The law of civil residence in Türkiye

Lower Costs: The maintenance and monthly charges for apartments in Istanbul are generally cheaper compared to villas. Access to Amenities: Apartments are usually located in the central areas of Istanbul and have better access to shopping centers and public transportation. Security: Purchasing an apartment in Istanbul is typically safer than buying a villa in this metropolitan city.

Things to consider when buying an apartment in Istanbul:

Budget: The first step in buying an apartment in Istanbul is determining your budget.

Neighborhood: Istanbul is made up of various attractive neighborhoods, each with different price ranges. The cost of buying an apartment in Istanbul varies depending on the location and construction quality in each area.

Type of Apartment: New standard apartments, luxury apartments in various projects, and older standard apartments all influence the price of properties in Istanbul. Each type has different price points based on factors like age, amenities, and location.

Disadvantages of buying an apartment in Istanbul

Limited space: Apartments in Istanbul usually have a smaller space than villas.

Lack of independence: You will have less independence in apartments than in villas.

Noise pollution: Apartments in crowded areas of Istanbul may have noise pollution.

Apartment price in Istanbul

Money transfer from Iran to Türkiye

Average apartment price in Istanbul in 2024

One bedroom apartment: 180 thousand dollars (starting price)

Two bedroom apartment: 250 thousand dollars (starting price)

Three bedroom apartment: 350 thousand dollars (starting price)

General information for buying a villa in Istanbul:

Space and Privacy: Villas offer larger and more private spaces, making them more suitable for individuals seeking a peaceful and secluded living environment. Special Amenities: Many villas come with unique features such as private gardens, swimming pools, greenhouses, and more. Tranquil Environment: Villas are usually located in suburban areas or villages, offering a chance to enjoy calm air and nature outside the city.

Ultimately, the choice between a villa and an apartment depends on your preferences and needs. Before making a decision, thorough research and consultation with local real estate experts can help guide you in the right direction.

Advantages of buying a villa in Istanbul:

Large space: Villas have a larger and freer space than apartments.

Independence: You will have complete independence in the villas.

Security: Villas are usually safer than apartments.

Relaxation: The villas are located in quiet areas away from the hustle and bustle of the city.

Disadvantages of buying a villa in Istanbul:

High cost: The price of a villa in Istanbul is significantly higher than the price of an apartment.

Maintenance: Villas require more maintenance than apartments.

Access to Amenities: Villas are usually located in areas farther from the city center, which may make access to amenities and public transportation more challenging.

Ultimately, the choice between an apartment and a villa in Istanbul depends on your preferences and needs.

The average price of a villa in Istanbul:

Prices of villas and apartments in Istanbul

Villa and apartment prices in Istanbul: a comprehensive guide for investors

One bedroom villa: 500 thousand dollars (starting price)

Two bedroom villa: 700 thousand dollars (starting price)

Three bedroom villa: 1 million dollars (starting price)

Essential tips and things you should know:

Budget: The price of a villa in Istanbul is significantly higher than the price of an apartment.

Area: Villas are usually located in the suburbs or summer areas.

Villa type: modern villa, classic villa, forest villa, etc.

Facilities: swimming pool, jacuzzi, garden, etc.

The best villa areas in Istanbul 2024

Advantages of Buying a Villa in Istanbul

As you probably know, Istanbul has two Asian and European parts.

Given the significant differences in construction style and property pricing between these two areas, we have decided to introduce the best areas in Istanbul for purchasing a villa separately for you.

Beach villas for sale in Istanbul with sea view

Similar to apartment sales in Istanbul, the sale of beachfront villas with sea views is also one of the popular options for property purchases in the area.

Istanbul, with its unique geographical location, is a large and beautiful city situated at the crossroads of Asia and Europe. It is one of the most prominent global tourist destinations due to its natural and cultural attractions.

Beachfront villas typically offer easy access to beautiful beaches and attractive recreational spots, allowing you to enjoy life and take in the natural sea views.

These properties typically come with amenities and recreational facilities such as swimming pools, gardens, and green spaces, providing a high-quality living experience for residents.

The price of beach villas in Istanbul, Türkiye

مشاور خرید ملک در استانبول Buying a property in Istanbul https://api.whatsapp.com/send/?phone=905395556404&text&type=phone_number&app_absent=0

Recently, the purchase of apartments in Istanbul has seen a significant increase in demand from immigrants and foreign investors, particularly Iranian investors. The main reason for this trend can be attributed to the unfavorable economic conditions in Iran. Among them, many immigrants and investors who have sufficient funds to buy a villa are seeking a more peaceful and serene environment. As a result, they consider buying a villa in Istanbul a better option than purchasing an apartment.

The price of villas, like apartments in Istanbul, varies significantly and depends on factors such as geographical location, internal and external amenities, the size and design of the property, sea views, and the state of the real estate market at the time of purchase.

The average price of a villa in Istanbul:

  • One bedroom villa: 500 thousand dollars (starting price)
  • Two bedroom villa: 700 thousand dollars (starting price)
  • Three bedroom villa: 1 million dollars (starting price)

Things to consider for buying a villa in Istanbul:

  1. Budget: The price of a villa in Istanbul is significantly higher than the price of an apartment.
  2. Area: Villas are usually located in the suburbs or summer areas.
  3. Villa type: modern villa, classic villa, forest villa, etc.
  4. Facilities: swimming pool, jacuzzi, garden, etc.

    For more detailed information about beachfront villas in Istanbul and professional advice regarding apartment purchases in the city, it is recommended to contact the skilled consultants at 4kgroup.

    The villa areas of the Asian part of Istanbul

    Çekmeköy District, Istanbul.

    Çekmeköy is one of the picturesque and green neighborhoods of Istanbul, located in the Asian side of the city. With its charming and peaceful nature, it is especially suitable for those looking for a villa-style living environment away from the hustle and bustle. Although construction in Çekmeköy has not yet significantly increased, modern and beautiful villas are being built in this area.

    Çekmeköy, which was once part of Ümraniye, is now an independent district with a population of around 270,000 people and includes 17 different neighborhoods. Its most populated neighborhoods are Mehmet Akif, Kirazlıdere, and Hamidiye. This area is bordered by Beykoz, Şile, and Sancaktepe, and is located in the heart of the Asian side of Istanbul.

    Çekmeköy, due to its sports facilities, basketball courts, and large, secure residential complexes, is particularly attractive to families. Additionally, Özyeğin University’s campus is located in this area, drawing a significant population of students.

    The history of Çekmeköy dates back to the Ottoman era when it functioned as a forested settlement and agricultural area under the management of various foundations. The Etik Valid Sultan Foundation played an important role in the development of Çekmeköy, and the residents of the area lived there while providing wooden materials for mosques and kitchens.

    Over time, Çekmeköy underwent various administrative changes. It was initially part of the Beykoz district, later joined the Kartal district, and eventually became connected to the Üsküdar district. This rich history reflects the continuous development and growth of the area, which is still recognized as a popular destination for real estate investment.

    Beykoz district of Istanbul:

    One of the quiet and valuable areas in the Asian side of Istanbul is the Beykoz district. Located next to the Bosphorus Strait, the Fatih Sultan Mehmet Bridge, and the shores of the Black Sea, Beykoz is considered one of the best areas for living on the Asian side of Istanbul.

    This area, due to its proximity to the Black Sea coast, pleasant nature, historical attractions, tourist sites, and recreational facilities, is considered an ideal region for buying an apartment in Istanbul as well as purchasing a villa in Istanbul. The properties in this area are built in a villa style, and the ongoing construction of large residential towers has further enhanced the beauty of this region.

    Beykoz, a renowned area home to the wealthy and famous people of Turkey, is also located in this region. Due to its proximity to the Bosphorus Strait and its access to major parts of Istanbul, Beykoz is considered an ideal location for living.

    Uskudar district of Istanbul:

    Üsküdar, known as the “Golden Horn” of Istanbul, is recognized by many tourists. Located near Üsküdar, Ataşehir, and Ümraniye, this area benefits from a unique climate and beautiful nature due to its proximity to the Bosphorus Strait and the Sea of Marmara. Villas in Üsküdar are typically built near the coastline and attract significant attention from both local Turks and foreign investors.

    This area boasts numerous historical landmarks, tourist attractions, shopping centers, and medical facilities. It also offers excellent access to public transportation, making it a highly convenient and sought-after location.

    Şile district of Istanbul:

    Şile is a green village with attractive natural views, such as waterfalls and ponds, and is known by many Turks as a weekend getaway destination for relaxation and leisure.

    In this area, you can find and purchase villas at affordable prices. With its natural beauty, green villages, waterfalls, and charming ponds, this region attracts a lot of local residents and tourists.

    Şile is known as a popular getaway destination for weekend relaxation and leisure activities. This area boasts beautiful natural features and a pleasant climate, and there are affordable villas available for purchase.

    The villa areas of the Asian part of Istanbul

    Besiktas district of Istanbul:

    Beşiktaş is a district located in the city of Istanbul. It is one of the central and vital areas of Istanbul, situated in the European side of the city.

    This district is known as one of the commercial and cultural centers of the city, and it is home to famous tourist attractions such as Taksim Square and Istiklal Avenue.

    Beşiktaş is one of the historical and cultural areas of Istanbul, located not far from the Sea of Marmara and the Bosporus Strait. This district is surrounded by neighborhoods such as Şişli, Sarıyer, and Beyoğlu. Beşiktaş villas offer a beautiful view of the sea on one side, and on the other side, they provide an unforgettable view of the city of Istanbul.

    Sarir district of Istanbul:

    Sarıyer is located in the northern part of Istanbul and is known as one of the city’s prime and vital areas. To the north, it is bordered by the Sea of Marmara, and its boundaries are defined by neighboring areas such as Esentepe (Beşiktaş), Beşiktaş, Maslak, and Sarıköy.

    Sarıyer is a diverse area with various characteristics. In terms of architecture and design, there are neighborhoods with luxury villas and houses in Sarıyer. These areas may offer great options for purchasing a villa in Istanbul with a sea view or a natural landscape view.

    Bahce city district of Istanbul:

    Bahçeşehir is one of the modern and popular areas in the European side of Istanbul, located within the Bağcılar municipality. This area has attracted the attention of many real estate investors due to its luxury residential complexes with high security and amenities, shopping centers, restaurants, and recreational spaces.

    Bahçeşehir, with its proximity to major urban projects such as the third Istanbul bridge, the third Istanbul airport, and the North Marmaray highway, boasts a unique geographical location that has significantly increased the value of real estate in the area. Particularly, the regions near the lakes have seen a greater rise in property prices.

    The new metro projects connecting Bahçeşehir to central Istanbul are expected to increase property values in the area by up to 50%. With these major projects and the high quality of construction, Bahçeşehir has become one of the most popular regions for real estate investment. Additionally, the presence of green spaces and a peaceful environment has further enhanced the appeal of this area for both living and investing. Due to these unique features and investment opportunities, Bahçeşehir has become one of the most important and valuable areas in Istanbul, continuously attracting both local and foreign investors.

    Istanbul Buyuk-Cekamce area:

    Büyükçekmece is one of the beautiful coastal areas located in the western part of Istanbul, along the Sea of Marmara. To the east, it borders with Beylikdüzü and Esenyurt, to the west with Silivri, and to the north with Arnavutköy. Due to its unique location, access to beautiful beaches, lush landscapes, and various services and recreational facilities, Büyükçekmece has become one of the most important tourist destinations in Istanbul.

    This area, which features a lake named Büyükçekmece that connects to the Sea of Marmara coastline, has become one of the most important residential and recreational areas in Istanbul due to its unique natural features. The region offers opportunities for investment in villas and luxury homes with breathtaking sea views.

    Büyükçekmece, with its attractive beaches and picturesque natural landscapes, has become a popular destination for tourists and one of the most important areas for living and investment in Istanbul. Despite its considerable size, the population density in this area is relatively low, making it an ideal place for peaceful living, away from the hustle and bustle of the city.

    To invest in Istanbul, buy a villa or an apartment?

    The decision to invest and purchase property in Turkey, particularly in Istanbul, depends on many factors. If your primary goal is investment and renting out an apartment to tourists or migrants, the location of the property and its proximity to tourist attractions are crucial. If you intend to reside in Turkey, it is essential to choose an apartment in Istanbul that matches your needs and preferences. Additionally, studying the geographical location of the area where the property is located is necessary.

    Proximity to urban centers, public amenities, transportation, and tourist areas can significantly increase the value of a property. Before making any decisions, it is essential to conduct thorough research and define your needs and investment goals. Utilizing the services of a real estate consultant will also help you make a more informed decision regarding the purchase of an apartment in Istanbul. In a fluctuating economic environment and with inflation, prices may change, and up-to-date information on exchange rates also influences property prices.

    For this reason, it is difficult to provide an exact fixed price for apartments in Istanbul. However, you can estimate the desired amount in either Toman or Lira and monitor fluctuations in exchange rates and market conditions to make informed decisions. Additionally, with accurate consultation from the professional team of real estate experts and legal advisors at For Key Group, you can ensure the best apartment purchase in Istanbul.

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