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Affordable apartments in Istanbul offer several advantages for both local and foreign homebuyers and investors. Firstly, bargain apartments provide an accessible entry point into Istanbul's real estate market. First-time buyers or potential investors can take advantage of budget-friendly apartments in Istanbul to diversify their portfolios. Other important benefits of investing in cheap apartments in Istanbul include:
When looking for the most affordable areas in Istanbul to buy an apartment, it's important to consider the varying costs within the city and how prices can change over time. Istanbul is known for being one of Turkey's more expensive cities to live in, but some districts offer more budget-friendly options. To help you find the best deals, here's a list of some of the most cost-effective areas to buy a cheap apartment in Istanbul:
Situated in the western part of Istanbul, Avcılar has an active social lifestyle and a growing population. The district features many construction projects, from large complex developments of flats to smaller, more cozy apartments. Avcılar stands out for its beautiful beach, and it is also home to Istanbul University's Cerrahpaşa Campus, the region's largest university. In terms of transportation, Avcılar offers multiple options, including the metro bus, regular bus services, taxis, and private cars.
Located in the western part of Istanbul, Büyükçekmece is known for its affordable housing options, ideal for budget-conscious buyers. Although more remote than other districts, Buyukcekmece offers promising prospects for future development in terms of accommodation options. Especially suitable for families, the district offers a beautiful backdrop for housing and recreational activities with Büyükçekmece Lake. Families also enjoy the popular Büyükçekmece Culture Park, which includes cafeterias, restaurants, and sports facilities. Furthermore, Büyükçekmece is a great place to live and spend leisure time in the city with a wide range of shopping, dining, and entertainment options.
When looking for affordable property in Istanbul's European side, it's important to consider Esenyurt. Esenyurt is undergoing a revitalization, with improvements to its housing market and infrastructure. You can find many new developments here with flexible payment plans spanning 1 to 5 years. These projects often include amenities like gardens, fitness centers, Turkish baths, and saunas. Esenyurt also has several shopping centers, including the fifth largest in Turkey. These centers offer various entertainment options and modern services such as indoor car parking areas, indoor ski parks, playgrounds, and cinemas, and host events like concerts, theater performances, and exhibitions. Additionally, the cost of living, housing, and shopping in Esenyurt is considerably lower than other districts in Istanbul.
Silivri is a fantastic choice for homeowners seeking properties near the Marmara Sea on Istanbul's western side. The area offers various water activities like diving and swimming in the beautiful blue sea. Additionally, this district has a range of recreational facilities, including a golf club, horse riding, tennis, and spa centers, perfect for those seeking relaxation. Situated 42 km from the city center, Silivri provides easy access to shopping and nightlife. In Silivri, you'll find a range of housing options, from modern studio apartments to spacious units ideal for families.
Home to the popular Aydos Castle, Sultanbeyli attracts thousands of visitors yearly. The district is characterized by its budget-friendly residential areas and low population density. It features a mix of apartment options: modern, traditional, and budget-friendly flats within or without a complex. Sultanbeyli is a family-oriented district where several parks and green spaces abound, supplying a more relaxed ambiance, and suburban atmosphere compared to busier parts of Istanbul. Sultanbeyli has seen significant development recently, with new infrastructure projects and improved public transport links. This region is well-served by buses and minibusses, providing easy access to other parts of the city. Sultanbeyli also presents a range of amenities, including shopping centers, schools, hospitals, and other essential services.
In the southernmost Asian part of Istanbul lies Tuzla. With a large number of factories, it is primarily known for its industrial zones and plays an important role in the Turkish maritime industry due to its shipyards. Tuzla also has a beautiful coastline on the border of the Marmara Sea and a marina, perfect for relaxation. The marina offers various amenities such as restaurants, shops, and recreational facilities. The area provides a peaceful living environment away from the center of Istanbul and the city's noise. However, with well-connected transport options such as buses, minibusses, taxis, and ferries, it is easy to reach the city center. In this developing area, you can find modern apartments for sale suitable for your taste and needs.
If you are searching for cheap apartments for sale in Istanbul, you should keep a few key strategies in mind to find the best deals:
Set a Budget: Determining how much you can afford to spend on an apartment will help you narrow down your search for options within your price range. If you're looking for a cheap apartment for sale in Istanbul, this step is especially important.
Consider Location: Look for apartments in up-and-coming neighborhoods or areas that are slightly outside major city centers. These areas often offer more affordable housing options.
Search the Property Online: Visit as many local real estate websites as possible that specialize in the Istanbul area. Check our website to explore a wide range of properties for sale in Istanbul. We partner with local real estate websites specializing in the Istanbul area, offering you a variety of options to choose from. You can customize your search based on your needs and budget to find the perfect property for you.
Negotiate the Price: Don't hesitate to propose a lower price for the property you are about to buy, as most developers and sellers tend to lower prices under certain circumstances.
Look for Special Offers: Keep an eye out for special offers, such as move-in discounts or free rent for the first month. These can help you save money upfront.
Check for Hidden Fees: Make sure to ask about any additional fees, such as maintenance costs or parking fees, that could increase your overall expenses before buying your apartment. Affordable apartments generally have hidden costs, which can impact you after buying your apartment.
After following these tips, you can increase your chances of finding a bargain apartment in Istanbul that meets your needs and fits your budget.
Looking for a bargain apartment in Istanbul? TERRA Real Estate offers a wide range of bargain apartments for sale in Istanbul suitable for both local homebuyers and international investors. With the help of our expert team, finding your ideal apartment is simple
Whether you're looking for a cozy studio or a spacious penthouse, we have the right option for you. Don't miss this opportunity to own your dream apartment in Istanbul. Start your search today with TERRA Real Estate!