Apartments for Sale in the European Portion of Istanbul at Cheap Prices
Last Updated: 2023-07-27
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Apartments for Sale in the European Portion of Istanbul at Cheap Prices
Many foreigners are looking for apartments for sale in the European side of Istanbul at cheap prices, are they looking in the right place? Or are prices on that side of the city high and not suitable for everyone?
This section of the city has a huge real estate variety and real estate offers that suit all tastes and budgets, and if you want to get to know the right areas to look in, you can follow this article prepared by the editorial team at Mersat Real Estate.
Cheap Apartments for Sale in the European Side of Istanbul
Through the following paragraph, we review together the most important areas of Istanbul where you can find apartments at affordable prices:
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First: Cheap Apartments in Beylikdüzü:
The name "Beylikdüzü" has recently spread among the public who are interested in real estate market of Istanbul, and has become the focus of the attention of investors and those looking for high-end housing, as well as many large residential and urban projects have been built and constructed competing with the most important projects of European countries.
Despite all its modernity and sophistication, the prices of its apartments are cheap compared to those in other areas, but will this last long? Absolutely not! Prices are expected to rise in the coming period as a result of several reasons, including:
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Being located on the European side has brought it close to the city's most important infrastructure projects, such as Istanbul Airport and Istanbul Canal.
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Demand for apartments in that area has increased significantly.
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Quiet and far from the noise of the city, which is no longer a problem after the construction of the metrobus line.
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Designed according to international standards, real estate is resistant to earthquakes and natural disasters.
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Second: Cheap Apartments for Sale in Esenyurt:
Esenyurt is one of the vital areas in the real estate field where construction companies choose it to build and construct the most important modern real estate projects. There, you will find that real estate is divided into two types:
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Old properties (slums houses).
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Modern properties such as residential complexes.
Real estate prices in Esenyurt are fairly acceptable, but may rise in the coming period after the completion of the construction of the new metro line. Also, there is a high demand for property as this area is densely populated and classified as the most populous area in Istanbul.
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Third: Cheap Apartments for Sale in Silivri:
If you are looking for cheap apartments in the European portion of Istanbul, Silivri is a distinctive option, as it has a stylish and refined rustic character that suits those looking for a quiet life away from noise, overlooking the Sea of Marmara and the greenery of which forms a large area of it.
You may think that its distance from the city centre is a problem that causes difficulty in moving from it to any other area of the city. On the contrary, the Turkish government is drawing up plans to supply it with public transport, moreover, the countryside in Istanbul is not far from its center.
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Fourth: Cheap Apartments in Başakşehir:
It is one of Istanbul's most important districts, although it is one of the newly established areas, it has achieved widespread fame and has been classified as one of the most important and best real estate investment areas.
It features luxurious residential complexes, views of Belgrad Forest, strong infrastructure and the availability of service, recreational and cultural facilities needed by the population.
Real estate prices have risen by about 45% over the last three years and are expected to rise further in the coming period once the construction of the new canal is completed.
What Affects Apartment Prices in Istanbul?
You may think that property prices in the European side of Istanbul are high and only suit large budget holders, but this theory is inaccurate, as there are specific factors that contribute in affecting the prices. Through the following paragraph we discuss it:
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The location of the apartment has great power on affecting its price, the more distinctive it is, the higher its value.
If you want to buy a cheap apartment, stay away from the city centre, transportation, health centres, schools and educational institutions, as well as recreational places, tourist attractions, shopping centres and malls.
It should be noted here that the prices of real estate located in rural areas are cheaper, a suitable option for many people and a good investment start.
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The view of the apartment, whether it overlooks the green spaces, the sea or the city. The more beautiful it is, the higher the value of the property and the more it is suitable for investment. So, if your budget is not great, stay away from beautiful views.
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It is known that the prices of apartments of residential complexes are higher than the prices of apartments that are outside, due to the high-end and fulfilling life that residents of these complexes can have.
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Being near to vital projects such as airports, bridges, tunnels, etc, makes the apartment expensive.
The Importance of Purchasing Cheap Apartments in Istanbul
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A good idea for real estate investment for those who do not have a huge budget to own a property in luxury areas.
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Some recreational services and facilities may be not available, but the Turkish government is developing and improving its infrastructure.
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Most urbanization projects are turning to these areas, thus, real estate prices may increase in the future.
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Real estate markets are constantly volatile and do not remain stable for a long time, as their value may increase at any time.
Special opportunities on the European side of Istanbul await you, you can seize them now and contact Mersat Real Estate consultants to help you get your dream apartment in the most important modern and high-end projects.
Edited by Mersat Real Estate Team ©
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