Luxury Residential Areas in Istanbul to Buy a Home
When looking at upmarket/luxury residential areas in Istanbul, be prepared to be wowed. From the most prestigious neighbourhoods and places where the most important international brands open up shops, these affluent neighbourhoods don't believe in living a shy life. With many luxury apartments and villas up for sale, housing prices are far from cheap.
Some important neighbourhoods boast green spaces, Marmara Sea views, many parks, shopping centres, and for added twists, exceptional byzantine and ottoman architecture that portray Istanbul through the centuries. Covering two continents, these districts of Istanbul make up what is Turkey's most important housing market. Attracting wealthy people from around the world with unique architecture and sea views, let's look at high-end areas of Istanbul.
Most Expensive Neighbourhoods in Istanbul
Kadikoy District
Kadikoy district in Asian Istanbul, Turkey, is a vibrant and lively neighbourhood with cultural heritage, rich history, many tourist attractions and bustling street life. Kadikoy features several important landmarks, including the historic Moda neighbourhood, Haydarpasa train station, and many museums, galleries, and cultural centres.
Kadikoy also offers lively dining and entertainment through various restaurants, cafes, bars, and shops. Public transportation in the district is excellent and includes multiple ferry services. Kadikoy's reputation in Turkey for more liberal and progressive living in Istanbul makes the area popular with students and young people. Overall, this lively and diverse neighbourhood promises unique and vibrant atmospheres.
Sariyer District
Sariyer in European Istanbul promotes natural beauty, with a Bosphorus coastline and inland forests and hills. Home of famous landmarks like Emirgan Park, Rumelihisari castle, Ataturk Arboretum and sitting next to Belgrade Forest, Sariyer, a much-desired district with characteristics of a nostalgic past, is worth exploring. Istanbul locals flock here for fishing and boat trips. The district has a well-developed city infrastructure with modern facilities and services. The importance of Sariyer is understated because it sits in north Istanbul, near the black sea region. However, the neighbourhoods promote characterised quality and outstanding beauty.
Wealthy Nisantasi
For affluent neighbourhoods, Nisantasi is the most upscale and fashionable city district for luxury shopping, high-end restaurants, and cultural events. Several embassies and consulates, and city universities are located here. Characterised by elegant architecture, tree-lined streets, and attractive parks and public spaces, the district's property market is among the most expensive in Istanbul but popular with wealthy residents and expatriates. Without a doubt, Nisantasi is one of the most critical areas for luxury living. It belongs to high profile Sisli official that is home to notable landmarks like Istanbul Military Museum, Turk Telekom stadium, four shopping malls, and two of the city’s tallest skyscrapers.
Distinguished Besiktas District
Besiktas is one of the high-end neighbourhoods with a rich cultural heritage, excellent public transport links, and many significant landmarks. Some notable city attractions in Besiktas include Yildiz Palace, the Dolmabahce Palace, the Ciragan Palace, and the Besiktas Pier for fishing and picnicking. In addition to its historical and cultural offerings, Besiktas excels in active nightlife scenes and bustling street life featuring many shops, cafes, bars, restaurants, and sports clubs, like the famous Besiktas JK football club.
Bakirkoy District
Bakirkoy district in European Istanbul is a well-established and densely populated area with various residential neighbourhoods and commercial centres. Several universities and historic landmarks, including the historic Ottoman-era Mosque of Yeni Valide, sit in this district. Public transportation connects it to other districts, the city centre and other regions of Istanbul. Expect plenty of shops, restaurants, and cafes that make this Istanbul district popular with upscale house hunters.
Beyoglu in the New City Center
Beyoglu is one of Istanbul's European districts and most expensive areas, with historic and culturally rich neighbourhoods and varied world history dating back to Ottoman times. Beyoglu's several significant landmarks include Galata Tower and İstiklal Avenue, a bustling pedestrian street lined with shops, restaurants, and cafes. Throughout the 19th and early 20th centuries, Beyoglu was the centre of Istanbul's artistic and intellectual life and was the city's European quarter to the outside world.
Today, the narrow streets are a vibrant mix of old and new, with historic architecture, modern amenities, and a thriving cultural scene that attracts curious tourists. Beyoglu's active nightlife scenes include many entertainment options, like theatres, cinemas, and live music venues. The district also features the historical tramway, which is popular with tourists to Istanbul. Overall, Beyoglu is a commercial centre but also one of the most important neighbourhoods in the city centre.
The Beauty of Uskudar
Uskudar district in Istanbul offers a rich cultural heritage and a long history dating back to the Ottoman era. Asian Uskudar is home to several important landmarks, including the historic Uskudar Square, the Uskudar Mosque, and the Haydarpasa train station. Throughout the centuries, Uskudar has been a significant centre of religious and cultural life in Istanbul and is still a conservative and traditional district.
Today, Uskudar promotes old and new quality living, with historic architecture, modern amenities, and a thriving street life. Uskudar features busy shopping streets, excellent ferry services, lively local markets, and scenic waterfront locations, which offer stunning Bosporus views and the city's skyline. Overall, Uskudar is historic and charming, with unique and authentic atmospheres.
Beautiful Views in Beykoz
Beykoz district in Istanbul attracts everyone with scenic waterfront views, rolling green hills and the beautiful Belgrade Forest. Asian Beykoz attracts nature lovers and outdoor enthusiasts with peaceful and serene escapes from bustling city life. The district is also home to several historic landmarks, including the Beykoz Kundura, a famous Ottoman-era factory that produced traditional felt and leather footwear. Today, the Kundura cultural centre and museum hosts various exhibitions and events. Beykoz offers vibrant street life through multiple shops, restaurants, cafes, and bustling local markets. Overall, Beykoz blends nature and history into expensive areas to live in Istanbul.
About Real Estate Prices in Istanbul
The real estate prices in Istanbul vary widely depending on several factors, including location, type of property, region, and market conditions. However, Istanbul's real estate market is expanding, and prices have increased in recent years.
Some expensive and sought-after areas in Istanbul include Nisantasi, Besiktas, and Levent, thanks to upscale shopping, dining, and entertainment options, well-developed region infrastructure and modern amenities. Other popular and rapidly developing areas, such as Basaksehir and Atasehir, are also attracting significant investment and offer relatively more affordable housing options.
Remember, Istanbul's real estate market is subject to fluctuations, and prices are affected by local, regional and global world economic conditions. Therefore, seek professional advice and conduct thorough research before making a real estate investment in Istanbul.
Need to Know - Famous and Historical Bosphorus Mansions
Anyone researching wealthy neighbourhoods of Istanbul to buy real estate needs to know about the distinguished Bosphorus yali mansions. Sitting on the coast in various essential areas, they are not only Istanbul's most expensive real estate but also the country's. The characterised shoreline villas are not your average house. These homes' importance lies in the fact that they date from the Ottoman era. Characterised by Ottoman architecture, owning one puts you under strict regulations regarding what you can and cannot do. There is no other property market like it in the whole world.
More about Residential Real Estate in Istanbul
Turkish Citizenship: Please note that if you researching high-end areas intending to apply for the Turkish citizenship real estate program, that only particular government-approved properties are eligible. These are mainly in development areas, where the Turkish government is trying to redesign and promote. This article talks more about investing in luxury Istanbul property to get Turkish citizenship.
Buying Luxury Property in Istanbul
See our portfolio of luxury homes in Istanbul. Sitting in various prestigious communities and upscale areas, on the European part and Asian, these luxury homes present the best of real estate in Istanbul. Just use the contact form to find out more or to arrange viewings. Alternatively, nip into our Istanbul office, or call us today to know more about the property for sale in expensive residential areas in Istanbul.
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