Understanding Apartment Prices in Istanbul
Turkey, Istanbul is a fast-growing real estate market that offers a wide range of property options for investors and homebuyers. Prices vary across districts, property types, and investment goals. Some areas attract buyers seeking premium homes, while others offer affordable entry points with strong rental demand. Knowing these differences helps buyers make informed decisions in a competitive market.
Price Comparison by District
Istanbul’s districts appeal to different budgets. Central and coastal areas tend to have higher price ranges, while developing regions offer more accessible options.
| District | Average Price per m² (USD) | Typical Apartment Price (USD) |
|---|---|---|
| Turkey, Beşiktaş | 6,000 – 12,000 | 300,000 – 1,500,000 |
| Turkey, Şişli | 4,000 – 8,000 | 200,000 – 1,000,000 |
| Turkey, Kadıköy | 3,500 – 7,000 | 175,000 – 900,000 |
| Turkey, Maslak | 5,000 – 10,000 | 250,000 – 1,200,000 |
| Turkey, Beylikdüzü | 1,500 – 3,000 | 75,000 – 400,000 |
| Turkey, Esenyurt | 1,000 – 2,500 | 50,000 – 300,000 |
| Turkey, Üsküdar | 3,000 – 6,500 | 150,000 – 850,000 |
| Turkey, Bahçelievler | 2,500 – 5,000 | 125,000 – 700,000 |
These figures show that buyers can find both luxury and budget-friendly options. Coastal and business districts command higher prices, while western and suburban areas remain accessible for first-time investors.
Property Types and Their Costs
Different apartment types appeal to different buyers.
Studios and 1-bedroom units are popular among young buyers and investors. Prices start from 50,000 USD in areas like Turkey, Esenyurt and go up to 250,000 USD in central districts.
2-bedroom apartments offer more space and attract families or long-term tenants. Prices range from 100,000 to 500,000 USD depending on location.
Luxury penthouses and sea-view homes in Turkey, Beşiktaş or Turkey, Maslak start around 500,000 USD and can reach several million dollars.
Off-plan developments in Turkey, Esenyurt and Turkey, Beylikdüzü offer lower entry prices and extended payment plans.
Rental Yields Across Key Districts
Investors benefit from strong rental demand across the city.
| District | Average Rental Yield |
|---|---|
| Turkey, Beşiktaş | 4.5% – 6% |
| Turkey, Şişli | 4% – 5.5% |
| Turkey, Kadıköy | 4% – 5% |
| Turkey, Maslak | 5% – 6.5% |
| Turkey, Beylikdüzü | 5% – 7% |
| Turkey, Esenyurt | 6% – 8% |
Prime districts offer stability, while emerging areas provide higher yields due to lower purchase prices.
Conclusion
Turkey, Istanbul remains an appealing real estate market with diverse price ranges and strong demand. Whether seeking an affordable apartment, a family home, or a luxury residence, buyers can find suitable options across many districts. Understanding local price trends, rental yields, and development potential helps investors make confident decisions in this dynamic city.
