Straddling east and west, this world city has a fascinating mix of old and new – and apartments for sale in Istanbul embody this diversity. New developments on Istanbul’s European side by big name brands are the ultimate in modern style and no-holds-barred luxury, with 5-star hotel facilities and every ‘extra’ imaginable. Expect to pay around Euro 150,000 for a smallish apartment in European Istanbul. Prices range up into the millions of pounds. A housing shortage, coupled with Turkey’s economic success has meant that apartment prices are rising fast in Istanbul (more than 10% annually according to a recent Reuters report) – and property is being snapped up at lightning speed, with 90% of units sold before development completion.
How much do apartments in Istanbul cost?
Renovated apartments in Istanbul are a good option for Istanbul buyers looking for something with a more traditional feel. A number of Ottoman-style apartments and penthouses have been tastefully renovated in the stylish European side of the Bosphorus. These start at around Euro 150,000. Developments have also sprouted on the city’s outskirts to cater for the growing population of commuters, these units have good facilities and travel links to the central city. Cheaper, but with good returns, these low entry level apartments for sale in Istanbul are a good investment for someone who would like to dip their toe into the city’s growing rental market. Units start at around Euro 45,000.
Apartments for Sale in Istanbul
Property buyers looking at apartments for sale in Istanbul should prepare themselves for a whirlwind journey of Turkey’s busiest and most comprehensive real estate market. Whether you want an off-plan two-bedroom apartment, a resale loft with high ceilings, old or modern family homes with terraces and balconies, duplex or studio apartments, you’ll find what you are looking for within your budget on both the Asian and European sides of the city.
Istanbul’s portfolio of apartments for sale ranges from budget bargains to ideal long-term investments to luxury penthouses with an all-encompassing sea view to match. You can start your property search now because our portfolio with hundreds of apartment listings focuses on all areas of Istanbul.
Each listing includes photos, floor plans, key features, location details, and reasons that property stands out. To know more about any home, fill in the enquiry form to receive more information or arrange a viewing. If you are an international investor or it's your first time buying into Istanbul’s apartment market, it helps to know which area you want to buy a flat in, because they all differ and each has something unique to offer.
For people who are unsure, we run viewing trips around Istanbul so you can get to know neighbourhoods and where the shops, schools, bars, restaurants, banks and transport links are, but here is a quick snapshot of areas that are marking their mark on Istanbul’s property market.
Prominent areas for Apartments Sales in Istanbul
The Sisli area in European Istanbul revolves around business and shopping malls, yet desirable neighbourhoods have plenty to offer apartment buyers. Bomonti, a district undergoing renovation and an overhaul of its urban planning structure attracts real estate investors looking for long term capital appreciation. Its late entry to modernising its real estate portfolio has also kept prices down, making it ideal for budget buyers.
The other neighbourhood, Nisantasi suits luxury buyers. As an upmarket region, the lifestyle revolves around hedonism and comfort, and some penthouses in the area are stunning examples of idyllic and luxurious homes. Another alternative for luxury apartment buyers is prestigious Cihangir, a neighbourhood with a reputation engrained in the arts, culture and social scenes.
Besiktas on the shores of the Bosphorus is high profile and ideal for people who want great transport links or to be in the heart of the business centre, Levent. Sitting on either side of the Golden Horn, buyers looking at apartments for sale in Fatih and Beyoglu should expect to pay a higher price per square meter because these districts are the hearts of old and new Istanbul. However, their charming portfolio includes original, unique homes for urban city fans.
Urban regeneration has transformed Eyup into a famous conservative district while Beylikduzu attracts investors with its low prices per square metre and future potential. Over on the Asian side of Istanbul, areas dominating the market include Pendik, Kartal and high profile Uskudar.
How to search for a flat in Istanbul
To start your home search, browse our listings of apartments for sale in Istanbul, or if you are looking at a specific district, contact us, and we’ll send a range of apartments in that area to your email inbox. As an experienced estate agent operating all over Turkey, we’ve guided thousands of people through the Istanbul apartment buying process, and ready to help you in your search for a perfect home.
Charm Blue Forming part of one of the best, fully equipped projects to come out of Turkey in recent years, this is the last chance saloon to buy a seafront home in central Istanbul in the sought after residential area of Zeytinburnu.
This landmark development has been constructed by one of the top developers in the city and offers an on-site shopping mall, 5-star hotel and hotel facilities, offices for business, and flats for sale in sizes ranging up to four bedrooms.
With prices set to rise by a minimum of 35% before the completion date, this project ticks all the boxes for investors looking for a luxury home in Istanbul and offers a full range of flats available in sizes from two – five bedrooms.
Just a few minutes away from Bagdat Caddesi full of branded shops and restaurants, these luxury apartments are for sale in Kadikoy and can be purchased in various types and sizes for families relocating to Turkey.
Suitable for Turkish Citizenship by Investment applications, these outstanding apartments are for sale in central Istanbul and are just 300 metres walking distance away from Taksim Square and daily necessities.
Not to be on the market for long, this centrally located apartment is for sale in Nisantasi area of Istanbul and is just a few minutes walking distance away from historical buildings and popular central monuments.
Charm Blue Fully equipped with every necessity imaginable, this seafront project offers out of this world views and enjoys a peaceful location in Zeytinburnu no more than 10 minutes away from Ataturk Airport and close to public transport options.
Available in sizes ranging up to three bedrooms, these luxury-designed apartments are found in Akatlar area of Levent in the Central Business District of Istanbul – this is an opportunity not to miss out on.
These spacious apartments form part of a high quality complex in the desired central area of Topkapi just 15 minutes away from Taksim. The project is fully equipped with facilities including shops, restaurants, and spaces for children.
Nestled within the residential and green area of Gokturk in Istanbul, these spacious properties are available up to five bedrooms and tick all the boxes for those looking to relocate to Turkey with their children.
Incredible opportunity to purchase a world class apartment overlooking the sea in Atakoy, just minutes away from the marina and Ataturk Airport – this development includes access to a 5-star hotel within, swimming pools, shops, and more.
With some truly spectacular facilities and features, these homes currently enjoy a bargain off plan price that is set to increase upon completion in 2015. Enquire today for more information and a detailed breakdown of price structuring.
Perfect for year round living in the heart of Istanbul, these outstanding apartments have been built to elite standards from top to bottom and are located just a short walking distance away from City’s Nisantasi shopping mall.
Completed and ready to move in immediately are these high quality luxury properties for sale in the peaceful area of Bakirkoy, situated just a short 20 minutes away from Taksim Square and the city centre for commuting.
Moments away from Taksim Square and Istiklal Avenue lined with thousands of shops and stores to browse, these brand new apartments form part of an excellent development built to regenerate an area of historical significance.
Once completed, this gigantic project will be the tallest building in Istanbul coming in at an impressive 287 metres tall. Completion is set for 2016 and you can choose from a studio up to large four bedroom master suites with amazing views.
Located within a 5-star complex with on-site social facilities to use, this quality apartment has a gorgeous view heading out towards the sea and is just a few moments away from the world famous Bagdat Avenue.