About Istanbul Region
Istanbul has been contrasted with probably the most present day modern cities in the world, yet still holds its traditional and mystical appeal as well as a mixture of many intergrated cultures, its the only city in the world that traverses two continents. Home to a population of around 14, 8 million, Istanbul covers twenty seven districts and is the third biggest city in the world. Situated on the Bosphorus Strait, which divides the European and Asian sides of the city, it also incorporates the Golden Horn Harbor. The districts on either the Asian or European side, provide excellent investment for anyone who wish to purchase property in Istanbul.
Formerly the capital city with over 8,000 years of history, Istanbul is still a noteworthy port and exchange center and posesses a high number of schools, universities, libraries, cultural centers, monuments and artifacts of the Byzantine and Ottoman Era. Istanbul has many diverse flavors from European, Mediterranean and Middle Eastern societies and cultures making it standout amongst the most exciting cities in the world.
Istanbul European Side
Found West of the Bosphorus on the European main land is the western half of Istanbul (Avrupa Yakası). The European side is additional divided into the districts of Bosphorus, Galata, Golden Horn, New City, Sultanahmet-Old city and Western areas, more populated than the Asian side because it has always been the focal point of trade, business and industry. With various hotels geared up for business trade and tourism.
The European side of Istanbul is the part of the city most tourists consider when they talk about visiting Istanbul. not only a trade and business centre, but also comprises ancient sites, museums and a wonderland of exquisite mosques. The city is cosmopolitan and never sleeps, the crowded old city streets excude an infectious vitality. A popular and flourishing choice for foreign investors whether it be a purchase of a second home or a buy to let property.
The regions at the front line of Istanbul property are focal city districts, prime area properties are in Sisli, Levent, Mecidiyekoy, Bebek and comparative Bosporus line districts, where luxury residences are highly sought after, including Istanbul villas for sale. Having said that, the majority of Istanbul real estate favoured by foreign buyers as investment choices are unquestionably affordable and in general off plan properties in Istanbul outskirts for example, Beylikduzu, Esenyurt, Buyukcekmece and Kucukcekmece. These projects in Istanbul’s quick developing suburbs are offered to investors with guarantees of steep growth and soild rental income as the city definitely and rapidly grows outwards shaping vast cities inside a city.
Istanbul Asian Side
The Eastern half of the city of Istanbul is found geographically on the Asian continent. Kadikoy and Uskudar once urban areas in their own right, presently frames the core of Asia in Istanbul. Known as the less crowded half of the city the Asian side of Istanbul has a population of round 4.4 million people out of which 1.3 million commute everyday to the European side.
Kadikoy and Uskudar are primarily commercial zones, the remainder of the properties are relatively new high rise apartment blocks most going back approx thirty years, coinsiding with the build of the Bosphorous bridge. There are some significant exemptions the Bosphorous bank with its historical sites and mansions with character along the shoreline of the Marmara Sea.
The pace of life in the Asian side of Istanbul is somewhat slower and this side of the city isn’t touristy the principle spots are the Kadikoy district which has formed into a lively area prominent with affluent locals for shopping, eating and entertainment. Bagdat street is a popular street name situated on the Asian side of Istanbul, a one way street full of shopping centers, fine clothes stores, restaurants, cafe houses, banks, luxury car dealers and numerous shops, its stretches around 10 km long.
Istanbul City Centre
The lively city of Istanbul, European capital of culture in 2010, offers a variety of attractions to its visitors. Just a short boat ride takes you from Europe to Asia its features including the memorable Sultanahmet district and the town of Ortakoy, Istanbul offers a complex nightlife, history and innovation all combined to make up this intriguing city .
Meandering through the core of Istanbul you will find many places where the modern and the ancient world meet. Explore the mosques, bazaars, museums and places to your hearts content. When the sun goes down there is nightlife for all preferences. With an advanced and dynamic ancient heart, Istanbul city has something for everybody.
The residential property market in Istanbul is fuelled both by vast tourism and a solid commercial atmosphere. A tourist trap, boasting a great number of attractions, Istanbul city has a lot to offer as a tourist destination. Enterprising property investors are buying and renovating properties in the most fashionable areas of the city.