Cheap Properties for Sale in Istanbul: A Guide

When it comes to buying property, Istanbul has become a popular destination for both local and foreign investors. Istanbul is a city that has something to offer everyone, from history and culture to a thriving business and economic scene. However, buying property in Istanbul can be a daunting task, especially for those who are on a tight budget. In this blog post, we will discuss some of the cheap properties for sale in Istanbul that might be suitable for budget-conscious buyers.

Properties on the Asian Side of Istanbul

The Asian side of Istanbul has seen a surge in popularity over the years, and for good reason. The area is known for its scenic views, laid-back lifestyle, and affordable prices. Buyers looking for cheap properties in Istanbul can find one and two-bedroom apartments for as low as 150,000 Turkish Lira (approximately $18,000 USD) in areas such as Kartal, Pendik, and Tuzla. These areas are located near the sea, and residents can enjoy a peaceful lifestyle away from the hustle and bustle of the city center.

Properties on the European Side of Istanbul

The European side of Istanbul is known for its vibrant atmosphere, historical landmarks, and bustling business centers. However, this doesn't mean that buyers can't find affordable properties in this part of the city. Areas such as Esenyurt, Beylikdüzü, and Büyükçekmece offer one and two-bedroom apartments for as low as 200,000 Turkish Lira (approximately $24,000 USD). These areas are also located close to public transportation, making it easy for residents to travel to and from the city center.

Properties in the Outskirts of Istanbul

For those who don't mind living outside the city center, the outskirts of Istanbul offer plenty of affordable options. Areas such as Başakşehir, Arnavutköy, and Çatalca offer a range of properties, from apartments to villas, at prices that are significantly lower than those in the city center. Buyers can find one and two-bedroom apartments for as low as 100,000 Turkish Lira (approximately $12,000 USD), while villas can be found for as low as 500,000 Turkish Lira (approximately $60,000 USD).

Conclusion

Buying property in Istanbul doesn't have to break the bank. From the scenic views of the Asian side to the vibrant atmosphere of the European side and the affordable properties in the outskirts, Istanbul has something to offer for everyone. By doing research and working with a reputable real estate agency, buyers can find the perfect property that fits their budget and lifestyle.