With the continuous increase in real estate prices around the world in general and in Turkey in particular, the prices of apartments in Istanbul have also increased accordingly, as they vary from side to side and from neighborhood to neighborhood in the city based on several factors, including the location and population density of each area and the extent of their demand for sale. And the purchase, as well as the proximity or distance of the property from the city center and the various life facilities.
The real estate sector in Turkey has been greatly affected in the past two years, especially by the increase and acceleration of the demand for real estate investment and the high rates of demand over supply, as Turkey ranked first in the world among 56 countries in the first quarter of 2022 in the annual increase in apartment prices, reaching 110%.

Among the cities of Turkey, Istanbul, according to the Central Bank of Turkey, ranked second after the city of Antalya in terms of the annual increase in apartment prices, by 165.4%.

The average apartment prices in Istanbul in general for a 1+1 apartment start from $60,000 to $195,000, and this discrepancy is due to the area of the apartment within the different districts of Istanbul, its characteristics, the nature of the project, and the location of the property in terms of its proximity or distance to life services, main traffic, and transportation routes, the quality of the project, and the age of the project's construction and others.

Let's take a tour together between the prices of apartments in Istanbul for the year 2022 according to the region…

Apartment prices in some areas of the European side of Istanbul:

Apartment prices in Beylikduzu:
It is one of the areas that are witnessing rapid development in the real estate market in it, and what affected this is the modern urban planning, which makes it more organized than some other areas of Istanbul, and what increased the demand for it is a large number of new real estate projects with the development of transportation lines that connect it to the city center, such as the extended Metrobus line To the Asian side, and its importance is expected to increase after the completion of the Incirli - Beylikduzu metro line currently under construction.
The price of any property is affected by the age of the building, the quality of the project, the location, and the view in general. However, it can be said that the average price per square meter in Beylikduzu is $1000, and the price of an apartment of 100 square meters, for example, starts at $100,000.

Apartment prices in Esenyurt:
Esenyurt is considered one of the most popular and crowded areas of Istanbul due to its privileged location between two main roads in Istanbul, namely (E80 - E5), in addition to its recent reputation for a large number of foreigners, especially Arabs, and it is an area rich in opportunities and services, and it also contains many new and diverse real estate projects in Specifications and prices.
The average price of an apartment in Esenyurt with an area of 100 square meters starts at $80,000.

Apartment prices in Basaksehir:
It is one of the modern and upscale areas of Istanbul, and it is characterized by huge family projects and an abundance of opportunities in it, in addition to large open spaces, and it is characterized by a conservative feature, which makes it especially popular with the Gulf countries community, and one of the advantages of the Basaksehir area is its proximity to Istanbul International Airport, all these factors and others made it It is popular with investors, which makes its prices rise continuously and rapidly.
The average price of an apartment of 100 square meters starts at $240,000.

Apartment prices in Bahcesehir:

Bahcesehir is located between one of the most popular areas for foreign investors, Esenyurt and Basaksehir, as it has vast green lands and huge spaces for investment and future real estate construction. It is also close to the new Istanbul Canal line under construction, which makes it have a high future investment value.
The average price of apartments with an area of 70 square meters starts at $140,000.

Apartment prices in Taksim:
Taksim is one of the most important and popular areas of Istanbul, as it combines tradition, history, and modern life that never sleeps, as Istiklal Street is crowded all day long with Turks and tourists to work or enjoy its distinctive atmosphere.

It is also an area rich in various hotels, service centers, universities, schools, and international and local brands of restaurants and shops, and cafes.
Accordingly, the demand for real estate and investment projects is increasing in Taksim, making it one of the relatively high areas in apartment prices, as the average apartment price is about $400,000.

Apartment prices in some areas of the Asian side of Istanbul:

Apartment prices in an Umraniye area:
One of the most famous residential neighborhoods in Asian Istanbul, it is characterized by wide green spaces, in addition to picturesque forests.
The average price of apartments with an area of 100 square meters starts at $250,000.

Apartment prices in Uskudar:
The famous Uskudar area, which is popular with tourists, with its distinctive coast on the Bosphorus and its stunning views of it and the green forests in the area, in addition to being an upscale area and its prices are high compared to many other areas of Istanbul.
The average price of apartments with an area of 100 square meters in Uskudar starts at 300,000 USD.

Edited by: Aldar Real Estate ©