Istanbul is the most crowded city in Turkey. According to 2018 data, the city has 15 million residents. Istanbul, which can be examined as the economic, cultural and historical center of the country, is at the top of the list of tourists. It covers large geography with an area of 5461 square kilometers.
The city is located in the Marmara region and it is the western part of the country. There are 2 airports in the city. Istanbul Airport was opened to replace Atatürk Airport. The other one is Sabiha Gökçen. It is worth mentioning that there are shuttles and buses from these two airports, which are quite far from the coastline (Coastlines can be considered as the city centers).
It is possible to find various types of villas in the city, provide houses for all budgets. You can always find apartments and villas for sale and rent in many different locations. The prices of the villas are shaped according to the property’s distance to the city centers, its construction time, and the quality of the architecture.
Istanbul as a Holiday Destination
2018 data shows that the number of foreign visitors arriving in Istanbul in 11 months increased by 24 percent compared to the same period of last year and reached 12 million 355 thousand. In 2018, most foreign tourists came to Istanbul from Germany. After Germany, we can see Iran, Saudi Arabia, Russia, Iraq, and England. Numbers also show that Istanbul hosts people from every nationality.
Istanbul attracts the attention of the world with its magnificent history. The city was the capital of the Roman Empire (330-395), the Byzantine Empire (395-1204, 1261-1453), the Latin Empire (1204-1261) and the Ottoman Empire (1453-1922).
Three of these empires went down in history as the most powerful states in the world. The historical significance and value of the city, therefore, can be easily understood.
Each empire that ruled Istanbul constructed different structures. Hagia Sophia, Topkapi, Grand Bazaar, Basilica Cistern, Cemberlitas, Galata tower, Blue Mosque, and many other places attract tourists of all ages and nationalities. Also, Istanbul offers particular experiences to its visitors within the framework of entertainment and nightlife.
Costs of Living in İstanbul
The life of foreign people in Istanbul can be considered “good.” According to the numbers from “Numbeo”, the meal in the inexpensive restaurant costs 4.64€. Water (0.33 liter) is only 0.25€, coke (0.33 liter) is 0.65€, one kilo chicken breasts 3.46€. So much so that there is a price list ranging from 20.000 TL to 45.000.000 TL. Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment is 60.77€. Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) is 23,973.88€.
You can find villas at many different prices in many places. For example, some mansions are located near to the sea. Mostly, those are built during the Ottoman period. Besides being expensive, they also have their characteristics. Üsküdar, Sarıyer, Emirgan, Tarabya, and Ortaköy consists of lots of villas in that sense.
As mentioned before, you can find villas in many different districts of Istanbul. You can draw your road map by looking at prices and places on our website. Please do not hesitate to write to us for further information.
$250.000 Means Turkish Citizenship
According to Property & Nationality conditions, foreigners can become Turkish citizens by buying a property worth 200,000€. Owning a real estate in a country that is very much alive in the construction industry is a very good investment method. The foreigner, and also his/her family, who bought, for example a villa in Turkey, can take a residence permit on condition that the extension in certain periods. In that way, foreigner’s children can have an education in Turkey.
A couple of Districts of Istanbul
Ortaköy, the throne of the Bosphorus, was a summer residence of sultans and has been an interesting settlement since the Ottoman period. You can find various souvenir shops, cafes, bars and restaurants.
Sarıyer and Rumeli Kavaği are the last berths on the European side of those who visit the Bosphorus by ferry services. Fish restaurants are famous and on holidays, these places can be very crowded.
Üsküdar is a district integrated with Maiden's Tower. It is the port of the transition to Europe. Kadikoy does not have much of a historical structure. It is one of the rapidly developing districts of Istanbul in the last century. In particular, it is the region where the young population is frequently visited.
Beyoğlu preserves the characteristics of the era it was built and is worth seeing with its European-influenced architectural heritage 100 years ago. It is possible to cross the Galata area by metro. The upper end of the tunnel is the beginning of Istiklal Street. Here you can go to Taksim Square.
Summer Home Real Estate is the best option for the customer who plans to buy villas in Istanbul. Our team has various skills for the research, management and investment about Turkish villa market.