Istanbul, One of the World’s most important cities
There are times one thinks, have I been to everywhere I wanted to go in my life? Well, if you have not visited Istanbul at least once, you are on the losing end. Once you have seen it, Investment in Istanbul will be in the corner of your mind for sure.
Millions of foreign investors visit Istanbul every year and some have already invested here. Let us look at what are the main reasons to buy in Istanbul for home buyers and investors.
Vibrant and colourful lifestyle
Everyone knows Istanbul is on two continents, Europe and Asia. It is possible to see the reflection of every region of Turkey in Istanbul. Most importantly though, the colourful history of the city pulls travellers from around the World to itself and this makes investment in Istanbul more interesting.
From the coast of Eminonu-Sirkeci to Sariyer on the North, the Bosporus is absolutely stunning.
7 things to do in Istanbul:
- Visit the Historical Peninsula. Istanbul is not just about the historical peninsula, however to see where everything started first is a must. From Hagia Sofia Mosque and Museum to the underground Basilica Cistern, the centre has a lot to show its visitors.
- Enjoy some old Istanbul food like meatballs from Sultanahmet Koftecisi served with Piyaz.
- Have a night at Taksim – Istiklal Street. If you are lucky, a festival is on, and you can go to a jazz concert or see an exhibition. There are many places to enjoy yourself from Cafes to Bars, Restaurants and Hookah Lounges. If you liked Taksim, living here is possible at Taksim360.
- While you are in Taksim, a late night Wet Burger is a must. It is served in various places, however arguably Kizilkayalar is the best.
- Take a boat tour of the Bosporus. You could rent a boat especially for you or hop on one of the standard tour boats. Mainly tours start from Eminonu.
- Visit Grand Bazaar. Yes, back to the Historical Peninsula, this time the focus is shopping. This historic shopping mall has been operational since the 15th century and it still has an important role as the centre of exchange offices and gold trade.
- Visit The Asian side starting from Uskudar, across from Besiktas and finish in Kadikoy at the fish restaurants. Asian Side is newer in every sense, however has great lifestyle to offer, just like the European Side.
Multiple Centres to consider for settlement and business
Istanbul has 39 districts and their populations range from about 200.000 up to 1.000.000 inhabitants. Silivri, Çatalca and Şile are considered out of the metropolitan area of Istanbul, and Adalar, known as the Princess Islands is not really considered as a central settlement.
As you can imagine, the best parts of Istanbul to live in have the lowest population. I.e. Besiktas, Bakirkoy and Sisli. Where prices are more affordable for investment, population of the districts are higher. I.e. Bagcilar, Kagithane, Kadikoy and Beylikduzu.
Especially because they are centres of business, Sisli, Besiktas, Fatih, Kadikoy and Beyoglu are way more populated during the day than the night.
Also, because hotels mainly group in Beyoglu, Besiktas and around the Historical peninsula, it is very likely to see more tourists in these parts of Istanbul.
Depending on your lifestyle requirements, we will surely be able to suggest the best areas for you to make your feasible investment in Istanbul.
Browse our Istanbul Portfolio here.