Real estate for sale in Istanbul 2023
The real estate market in Istanbul is still witnessing its usual growth, and has even surpassed all economic studies and predictions with the volume of demand and sales. In this article from Ebla Real Estate, we will talk about the real estate for sale in Istanbul 2023.
Real estate for sale in Istanbul 2023:
The real estate market in Istanbul in 2023 remains active and prosperous. Diverse real estate offers are still available to everyone from cheap and economical properties to luxury properties.
According to the Statistics Authority for Housing Sales in Turkey.. Sales of apartments and houses in Istanbul increased by 17% compared to last year. Moreover, it ranked first as the best-selling Turkish cities for real estate during the first 6 months of 2023, with 96,518 thousand houses and apartments.
Real estate trends in Istanbul 2023:
Increasing demand for real estate:
One of the prominent trends in Istanbul’s real estate market for 2023 is the sustained and increasing demand for properties. As Istanbul remains a magnet for domestic and international investors seeking real estate opportunities. Moreover, the city’s strategic location, economic vibrancy, and cultural wealth contribute to its enduring investment appeal.
Rising prices:
The upward trajectory of property price in Istanbul is also a trend that is expected to continue in 2023. It is worth noting that the demand for real estate outpaces the supply in certain areas, creating a competitive market environment that propels prices upward.
Commercial real estate in Istanbul:
Commercial real estate in Istanbul is poised to be a focal point of growth in 2023. Furthermore, the city’s strategic location as a bridge between continents makes it an ideal hub for businesses, leading to the demand for commercial spaces for offices, retail, and other ventures.
Modern residential complexes:
Modern residential complexes are set to be a defining trend in Istanbul’s real estate market in 2023. Additionally, the concept of integrated communities, where residents have access to all essential services within the complex, is gaining popularity.
The best real estate areas in Istanbul 2023:
Esenyurt:
Esenyurt, located on the European side of Istanbul, has emerged as a dynamic hub of growth and development. It offers relatively affordable real estate options compared to more central areas, making it attractive for both investors and homebuyers.
Ongoing infrastructure projects, including new metro lines and roads, contribute to the overall development of Esenyurt, enhancing its accessibility and connectivity.
Esenyurt’s continuous development has led to increased property values, making it a promising area for long-term investment.
Kadikoy:
Situated on the Asian side of Istanbul, the neighborhood offers stunning views of the Sea of Marmara, providing residents with a picturesque backdrop for their homes. Moreover, the Kadikoy coastline is lined with parks, cafes, and promenades. Furthermroe, Kadikoy boasts a wide array of amenities, including markets, restaurants, and educational institutions. The district’s well-developed infrastructure ensures a convenient and comfortable lifestyle.
Kucukcekmece:
Kucukcekmece, located on the European side, is a district where tradition meets modernity. It offers a mix of housing options, from modern apartments to waterfront residences, catering to various lifestyle preferences.
Moreover, properties around Kucukcekmece Lake provide residents with tranquil lake views, creating a peaceful and scenic living environment.
Beylikduzu:
Located on the European side of Istanbul, Beylikduzu has transformed into a thriving suburban oasis with a mix of residential, commercial, and recreational offerings.
Beylikduzu has witnessed significant urban development, with modern housing complexes, shopping centers, and business districts contributing to its appeal. Compared to some more central areas, Beylikduzu offers relatively affordable real estate options, attracting a diverse demographic of homebuyers.
Basaksehir:
On the European side, Basaksehir represents modern living and a strategic location. Basaksehir boasts modern infrastructure, including healthcare facilities, schools, and shopping centers, contributing to a contemporary lifestyle.
Moreover, the strategic location provides easy access to key areas of Istanbul, making it convenient for residents to navigate the city.
In addition, the area’s ongoing development projects and growing investment potential make it an attractive choice for those seeking both a residential and investment destination.
Umraniye:
On the Asian side of Istanbul, Umraniye stands out as a modern and rapidly growing district. Umraniye has become a hub for business and commerce, with a thriving business district that includes offices, shopping centers, and cultural venues.
Moreover, the district features modern residential projects that cater to contemporary living standards, offering amenities such as gyms, swimming pools, and communal spaces.
Edited by: Ebla Group Real Estate
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