A promising and central area of ​​the most important European areas of Istanbul, which is the "Beyoglu area", which we will talk about in this article, and about its investment, vital and touristic position and you can learn through this article about the nature of housing and stability, or real estate investment in Beyoglu.

Important information and many details you will learn about in this article. 

General information about Beyoglu Istanbul

Below we review with you the most important information about the Beyoglu district in Istanbul: 

Location

It is located in the European side of Istanbul

It is bordered to the northwest by "Kağıthane" and the Sisli region to its north, as well as to the east by the Bosphorus Strait and Besiktas region, and finally the Golden Horn from the southwest end.

Area

The area of ​​Beyoglu in Istanbul is 8.67 square kilometers

population

The population of the Beyoglu district in Istanbul is about 400,000 people, and thousands of foreigners from different countries of the world live in the area, and there are tens of thousands of tourists daily, as it is considered a densely populated area.

History of the region

The region has been a vital center since ancient times and is the headquarters of the embassies of foreign countries and their representations, and it is considered the center of old Istanbul and its most famous neighborhood.

Istiklal Street within the Beyoglu district has special importance, given that it was the main corridor of the Ottoman conqueror army, as well as the Turkish army in the liberation battles that the Turks fought during the formation of the Turkish Republic. Today, Istiklal Street is one of the most important shopping centers in Istanbul. The Taksim area within Beyoglu is considered one of the most important and vital tourist areas in Istanbul, and it is an area known globally and not only in Turkey, and it has a rich history and a remarkable presence in all the historical events that went through Istanbul and changed its history throughout the ages.

Among the region's history is the tramway, which is the oldest electric railway line in Turkey, and the second oldest railway plan in Europe. The historical features of the region are drawn by statues that embody the Turkish liberation battles.

We can say that the Beyoglu district in Istanbul has transformed over the days from a famous diplomatic center inhabited by ambassadors, businessmen, sultans and pashas, ​​to a distinguished commercial center, and one of the most important and popular tourist areas.

 

Neighborhoods of Beyoglu district

Beyoglu is considered one of the largest and most vital areas in Istanbul, and includes a number of well-known neighborhoods, the most important of which are:

Bankalar district (Bankalar Caddesi )

Boğazkesen district (Boğazkesen Caddesi )

Cezayir district ( Cezayir Caddesi)

Istiklal Street ( İstiklal Caddesi)

Sıraselviler district (Sıraselviler Caddesi)

Taksim district ( Taksim Caddesi)

Taksim Square (Taksim Meydanı)

Yeşilcam Street (Yeşilçam Sokağı)

 Zurafa Street (Zürafa Sokağı)

 

Services in Beyoglu

The Beyoglu district in Istanbul has wide and distinctive services, which give life in it special importance and make it an important destination for housing, stability, and real estate investment as well, and among the most important services that the region enjoys:

Beyoglu Markets

Beyoglu is famous for its liveliness, especially with regard to shopping, and among the most famous places to spend the most enjoyable time shopping in Beyoglu:

Istiklal Street

It is one of the longest shopping streets in Istanbul, with a length of 1.4 km, and its beauty and vitality compete with the major European markets,

It is also characterized by its proximity to foreign consulates, banks, luxury hotels, many historical and archaeological buildings, clothing stores, trade fairs, libraries, cinemas, and various recreational facilities.

Fish market

One of the most important central markets for selling fish in Istanbul. Beyoglu market specializes in selling large fish. It is also considered one of the oldest markets in Istanbul. It was first established in 1974. Besides fish, the market has shops selling Turkish and international spices, fresh vegetables, food products, and all kinds of sweets. Turkish.

It is not only a place for fish shopping but also an important historical and cultural corridor and is surrounded by many cafes and restaurants, especially seafood restaurants.

Historic Enpolo Market

It is one of the oldest bazaars in Istanbul and has everything a shopper or tourist is looking for. It has many family products, such as fabrics, clothing, and cosmetics, and there are distinctive heritage products such as handicrafts, pottery, copper, and many types of accessories.

You can also find in it all kinds of fruits and vegetables, foodstuffs, oils, perfumes, construction materials, household and kitchen items, and many other important needs.

Beyoglu Hotels

Considering that Beyoglu is a touristic and lively area at the same time, it is famous for its luxurious and distinctive hotels, and among its most famous hotels are:

  • Elite World Istanbul

  • Nova Plaza Crystal

  • Marmara Taksim

  • Villa Pera

  • Pera Palace

  • TomTom Taksim

Beyoglu hotels are distinguished by their luxurious and five-star rating, in addition to the luxury and comfort advantages of these hotels, in addition to their well-known reputation in Turkey.

 

Beyoglu Hospitals

The Beyoglu district in Istanbul includes a large group of the finest hospitals that compete in their efficiency and quality with the largest European hospitals, and there are many important medical and surgical specialties, which have enhanced the role of medical tourism in Turkey. Among the most important Beyoglu hospitals:

  • Alman Hastanesi

  • Aura Psikoterapi Sanatla Tedavi ve Eğitim Merkezi

  • Avusturya Saint George Hastanesi

  • Bayındır Taksim Ağız ve Diş Sağlığı Polikliniği

  • Beyoğlu Göz Eğitim Araştırma Hastanesi

  • Beyoğlu Göz Eğitim ve Araştırma Hastanesi

  • Beyoğlu Kuledibi Göz Hastanesi

  • Denizcilik Bankası Hastanesi

  • Dentaxim Ağız ve Diş Sağlığı Polikliniği

  • Eyestar Lazerle Göz Tedavi Merkezi

  • Gümüşsuyu Asker Hastanesi

  • Gümüşsuyu Asker

 

Beyoglu Universities

In the Beyoglu region, there are a group of distinguished universities known for their scientific performance, and the high value they give students from different studies and research, and the most important of these universities are:

  • Beckett University

  • Gulf University

  • Istanbul Informatics University

  • Istanbul Technical University

  • Istanbul Commerce University

  • Mimar Sinan Private University

  • American University

 

The investment value of the Beyoglu district in Istanbul

The most important question about the Beyoglu district in Istanbul is about the feasibility of investing in this region, and we can talk about investing in Beyoglu Istanbul as one of the best investment ideas because of the very high profits and returns for the following reasons:

  • Tourism projects such as restaurants, cafes, hotel apartments, or tourist offices show their importance in the Beyoglu region in line with the great tourist status of the region, and its increasing popularity day by day.

  • Beyoglu's proximity to foreign consulates facilitates the work of service companies, especially those in direct contact with foreigners in Istanbul.

  • Also, educational centers and teaching institutes are among the fruitful ideas of investing in Beyoglu, especially with many foreign students choosing to live in the area.

  • Being in an area like Beyoglu gives an important addition to the type of customers you deal with in your investment, as the majority of the pioneers in this area are from the wealthy classes.

  • As for real estate investment, this is another research and it has many dimensions, and we will talk about it in the next paragraph.

 

Housing and real estate investment in Beyoglu

Since Beyoglu is the most important commercial, entertainment, and cultural center in Istanbul, it represents the ideal dream to live in Istanbul, and due to the nature of the historical area, it is very difficult to get new homes except for modern residential complexes, and this is also one of the logical reasons for the high prices in Beyoglu Istanbul.

 

  • Average price per square meter in Beyoglu: 8500 TL

  • That is, the price of an apartment in Beyoglu with an area of ​​​​100 square meters may reach between 800 and 900 thousand Turkish liras

  • The average rent for an apartment of 100 square meters is about 2500 to 3000 TL per month

  • The average years of capital recovery is estimated to be approximately 17 years.

  • It is noteworthy in this aspect that real estate prices in Turkey have increased in only 4 years at a rate of 90%, which encourages real estate investment in Turkey because this investment carries very large expected profits.

 

The Beyoglu district in Istanbul is also suitable for the following purposes of housing and real estate investment:

  • Living in luxury residences

  • Student accommodation

  • Tourist and hotel apartments

  • Restaurants and cafes