Which is better to buy villas in the European or Asian side of Istanbul?
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Many investors whose are wishing to buy villas in Istanbul are confused about the best places to buy a villa in Istanbul, and is it better for them to have the villa on the European side or on the Asian side of the city, especially since each part of the city has its own characteristics that distinguish it from the other, investors are always asking their real estate consultants about the best area to buy their desired villa, especially since most of the projects that are being promoted are in the European side, and although there are great differences between the Asian side and the European side, whether that difference is in the area or the form of urban planning for each side, both sides enjoy many central services, such as the transportation network and other services, but that difference came as a result of the state’s interest in planning the European side, in its desire to extend the area of Istanbul from the European side, for several reasons, including locally, such as the increase in population density, and international reasons such as tourism.
What distinguishes the European side from the Asian side?
- The European side is the commercial center of Istanbul since the Byzantine era and even during the Ottoman Empire, the headquarters of trade was in the regions of Maslak and Beyoglu. Today, the most important centers of trade and business are located in the areas of Maslak, Fatih, Beyazit and Basin Express.
- The European side abounds with the most important and famous historical tourist places such as palaces, mosques, castles, churches and monuments belonging to the Byzantine Empire and the Ottoman Empire, and therefore the tourism movement does not stop in the European side, especially since Turkey occupies the sixth place in the world as a touristic destination.
- Most of job opportunities in the European side more than on the Asian side, due to the existing of commercial and tourist centers in it, as well as the many industrial areas, most of the headquarters of international companies and investment centers are located there, all these factors made the European side have the strongest transportation network, as there is the metrobus line and the Marmaray train and both of them connect the European side with the Asian part, Also there are about 15 metro and tram lines that serve more than 80% of Istanbul's local residents and foreign residents, as well as buses network.
- There are many sea ports, ministries and sovereign institutions in the European side, as Istanbul includes the commercial Amberli port in Beylikdüzü, and the port of Istanbul in Yani Kapi, and on the Asian side there is the commercial port of Haydarpaşa, besides most of the embassies and consulates are located in the European side in Bebek, Besiktas, Sisli and Beyoğlu.
What distinguishes the Asian side from the European side?
The Asian side is characterized by its quiet nature, being far from noise and pollution. It is also characterized by the spread of planted gardens, green spaces and parks compared to the buildings; Which makes life very healthy, also the population density in the Asian side is much less than the European and also less crowded and polluted, In addition to the plenty of various real estate offers with reasonable and affordable prices for all types of clients, there are huge luxury projects and also housing projects suitable for the middle class, especially since real estate prices on the Asian side are less than the prices of the European side, but in the same time areas like Kadikoy and Uskudar Umraniye and Beykoz are very expensive areas.
The Asian side has all the elements of a beautiful life, especially for those who prefer peace and tranquility, as it combines history, modernity and development. The Asian side is also characterized by the strength of infrastructure projects, including the huge transportation network, starting from subway lines and a public bus network, as well as public facilities, parks, gardens and hospitals, besides Sabiha International Airport, these factors contribute to the classification of the Asian part among the list of the best places to own and invest in real estate in Istanbul.
There are many reasons why you should buy in the Asian side including:
Its proximity to Istanbul’s tourist and commercial city center: the Bosphorus Strait separates the two sides of Istanbul, so you don’t have to buy your villa on the outskirts of Istanbul, but you can enjoy calmness on the Asian side while your work is in the city center in the European side, and you are only 10 minutes away from your work at most.
Most of people who live in the Asian side is the high class in Turkey, especially the elites of Turkish society including politicians, judges and officers are living there, so you guarantee that you and your family will live in a classy area.
Enjoying strong infrastructure services such as metro networks, transportation, hospitals, schools, universities and other services.
The state's permanent interest in developing the Asian side and making periodic maintenance of its facilities.
Building the new Istanbul Financial Center or “Financial City” in Ataşehir district, which extends over an area of 3,200,000 square meters, adjacent to the TEM International highway. It is a strategic location in Istanbul, and includes more than 30,000 employees and branches of major financial institutions and the famous bank, and it is characterized by its unique and contemporary design.
When should I buy a property on the European side or on the Asian side?
The answer to this question is depending to the main goal behind buying a villa in Istanbul. If you want to buy a villa for investing, that will generate increased income for you, then the European side is the best option for you, to ensure a quick turnover of capital or by renting it out to tourists whom coming to Istanbul to make a profit for its owner.
But if you want to buy a villa for the purpose of housing, the selection of the area of residence will be depending to your workplace or where your children study, because it is always preferable that your housing place be near your workplace or your children’s schools and universities. If your workplace is on the European side, it is better for you to buy your villa is on the European side. If you are free and don’t have work, study, or any interests that connect you to the European side, it is best for you to buy your villa in the Asian side.
So, if you are looking for real estate to live in quiet and comfortable areas, you should choose Asian side, and if you are looking for real estate with a rising investment value, you should choose the new areas such as Buyukcekmece, Bahçeşehir or Beylikdüzü.
At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
Our services:
- Legal advice.
- Property Management.
- After-sales services.
- Legal services and obtaining Turkish citizenship.
- Buying and selling real estate in Turkey.
- For more details, you can contact us via the communication platforms or via the WhatsApp attached on the site.
Editing by Ramzy Real Estate Team ©
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