Luxury Homes for sale in Istanbul Province - Prestigious Properties Istanbul Province (2024)

FAQs

What is the most prestigious area in Istanbul? ›

Bebek is a seaside neighborhood on the European side of Istanbul, and it is known as one of the wealthiest areas in the city. It is home to a number of celebrities, businessmen, and diplomats, and the properties in this area command some of the highest prices in Istanbul.

1. Bebek: Bebek is considered one of the most expensive neighborhoods in Istanbul, as it includes a large number of luxury villas and upscale residential communities. 2. Uskudar: Real estate prices in Uskudar are relatively high, especially near the Bosphorus, where luxury villas and apartments are available.

Cost of living. The cost of living in Istanbul is generally lower than in many other European cities. Prices for food, entertainment, and transportation are generally lower than the European average, making it an attractive place to live for those looking for a more affordable lifestyle.

Yeniköy, Bebek, Kuruçeşme, and Tarabya (in European Istanbul), Beykoz and Kandili, Vaniköy, Anadoluhisarı and Kanlıca (in the Asian/Anatolian Istanbul) are the most prestigious neighborhoods.

While Bebek is synonymous with contemporary luxury and wealthy living, tree-lined streets with luxurious villas, modern apartment buildings, and high-end boutiques cater to wealthy residents. With exclusive clubs and a scenic waterfront promenade, Bebek embodies the wealthy lifestyle in Besiktas.

Nestled along the picturesque shores of the Bosphorus, Bebek is a neighborhood synonymous with luxury and beauty. This exclusive district is home to some of Istanbul's most stunning mansions and waterfront properties, making it a natural choice for Turkish celebrities seeking privacy and tranquility.

The neighborhoods of Beşiktaş and Ortaköy along the Bosphorus are home to some of Istanbul's most luxurious international hotels, boasting broad views across the famous strait. Beşiktaş itself is a busy transit hub with a youthful vibe and lots of casual bars and restaurants around its lively market area.

The answer depends on how you define the question… in total aggregate terms the answer is Istanbul… the wealth generated by the Istanbul economy is greater than any city in any country (and probably every country) within 1,500 kilometer radius in every direction.

To buy, or to wait? The average price per square meter of residential real estate in Turkey reached $675 in October 2022, and the average cost of a house was $87,736.

The average home price in İstanbul rose from 3.56 million liras to 3.96 million liras in May, but housing sales dipped the same month and slid further in June, falling 44 percent when compared to June 2022. For context, the average home sale price in Turkey was 2.54 million liras in June.

Can an American buy a house in Istanbul? ›

USA citizens can acquire real estate in Turkey in accordance with international agreements and the principle of reciprocity. Only the property should not be close to the military zones, coastal borders and the total area of ​​the land should not exceed 30 hectares.

The most popular cities among foreigners to buy home are Istanbul (44,3% share of foreigners investing into real estate) and Antalya (21,2% share). According to Turkstat, 4,192 properties were sold to foreigners in July 2019.

That depends on a place you're moving to. In Istanbul it is better to have at least $2,000 per month to live comfortably, as it is the most expensive city in Turkey.

Some popular places to buy property in Turkey include Istanbul, Antalya, and Bodrum. Istanbul is a bustling metropolis and major cultural center, while Antalya is a popular seaside resort town known for its beaches and historic sites. Bodrum is a popular vacation spot known for its nightlife and luxury resorts.

To say that there is an enormous price difference between both sides of Istanbul is definitely an understatement! All in all, my personal assessment is that nearly everything on Istanbul's Anatolian side was about 50% cheaper than on the European side.

Istanbul is the most expensive city in Turkey

Istanbul has a high cost of living compared to other cities in Turkey; Apart from being the largest and most popular city in Turkey, Istanbul is also the largest cultural and financial center of Turkey.