There is no difference in the matter of increasing the desire of millions of people to move to and live in Istanbul, and to search for a new start for their lives there.

This is not an expressive speech or emotional rhetoric. This is a fact that is confirmed by the numbers and statistical data that prove day by day the increase in demand for housing in Istanbul, and the increasing attachment of its residents to this state. In this article, we will look at two studies, the first is a statistical study with numbers and percentages, and the second is an analytical study in which we discuss the meanings and considerations that are based on housing statistics in Istanbul.

 

Statistics of foreigners' housing in Istanbul

Istanbul includes more than one million foreigners out of about 15 million people residing in Turkey, “Turks and foreigners,” meaning that the percentage of foreigners in this state has reached 6.7% of the total population, and this percentage does not include residents without restrictions or tourists, which means that the percentage may increase Much more than that. 

And we will talk about the most important aspects in which the housing rate in Istanbul is measured by foreigners:

 

Istanbul real estate attracts foreigners. 

Returning to all the statistics on buying real estate in Turkey, we find that Istanbul takes the largest share among Turks and foreigners as well, and these numbers are increasing despite the wave of Corona spread in The country, which reflects the strong desire to live in Istanbul.

 

Year

Number of real estate in Istanbul

Percentage share of foreign sales in Istanbul

Percentage share of Istanbul compared to other states 

For Turks

For foreigners

First 10 months of 2020

223704

14424

6.45%

45.36%

2019

237675

20857

8.78%

45.85%

2018

234055

14270

6.09%

35.98%

2017

238383

8182

3.43%

36.80%

2016

232428

5811

2.50%

31.95%

2015

239767

7493

3.12%

32.82%

2014

225454

5580

2.48%

29.43%

2013

234789

2447

1.04%

20.09%

 

  • This table alone tells a lot of information that reflects the increase in the desire for housing in Istanbul by foreigners. We note that the increase in the number of real estate sales to Turks between 2013 and 2019 amounted to only 2%

  • While the increase in Arab ownership of the real estate in Istanbul in the same mentioned period amounted to an increase of 734%, which is a very large rate.

  • When we say that foreign ownership of the real estate in Istanbul in 2013 represented only 04% of the total real estate sales within the state, but in 2019 this rate became 8.78%, we are talking about a very great interest in settling in Istanbul, because buying property anywhere is The biggest evidence of a desire to live in it permanently, or at least, for a long-term.

  • On the other hand, we have noticed a significant increase in Istanbul’s share of real estate sales to foreigners in Turkey. After Istanbul received only 99% of real estate sales to foreigners in 2013, it became at least 45% of the total real estate sales in Turkey in the last three years.

 

Residences of foreigners in Istanbul

The number of foreign residents in Istanbul with legal residencies according to the residency laws in Turkey has reached more than 557,000, out of 1,100,000 foreign residents throughout the country at the beginning of this year

and this means that 50.64% of foreigners residing in Turkey prefer to live in Istanbul over other Turkish states according to statistics issued by the Immigration Department in Turkey. 

 

In fact, this number tells a lot of facts that cannot be overlooked. The idea of ​​living in Istanbul is superior to all ideas of residence and settlement in any other Turkish state, but rather than the idea of ​​residence in major European capitals. 

The ratio of foreign residents to the population of Istanbul is about 7.3% of the total population of the state.

 

Syrians residing in Istanbul

Syrians in Turkey obtain the right of temporary protection, as about 3.6 million Syrian residents in Turkey benefited from it, 511,498 of them are Syrian residents, and in a more accurate statistical language:

  • 21% of Syrians in Turkey live in Istanbul

  • The number of Syrians in Istanbul out of the total number of foreigners in the same state is about 85%

 

Other studies and reports indicate that the number of Syrians in Istanbul far exceeds this number because this number includes only those who have a kimlik card from Istanbul, while those who own a kimlik from another state and reside in Istanbul exceed 350,000 Syrians at least.

 

Accommodation options in Istanbul

Foreigners tend to live in Istanbul due to the availability of wide and useful options for stability and safe housing, and these options include:

  • Housing normally and stably

  • Student housing and youth housing

  • Hotel Apartments

  • Villas

  • Accommodation for the purpose of tourism

  • Accommodation for medical tourism

 

Note: The options offered are not only encouraging for those wishing to live in Istanbul, but even those who want to invest in Istanbul apartments, find these options that attract large numbers of customers and those wishing to live.

 

​​Reasons why foreigners prefer Istanbul

The desire of foreigners to prefer housing in Istanbul over other Turkish states did not arise out of a vacuum, but this is due to interrelated reasons:

  • The vitality of the state of Istanbul

  • Istanbul is a large and spacious city with many services and entertainment facilities that encourage a peaceful life

  • The abundance of distinguished commercial malls and the pleasure of shopping in them

  • The presence of diverse Arab communities in large numbers facilitates life in Istanbul

  • The cost of living in Turkey is encouraging, especially in Istanbul when compared to the costs of living in Europe or other high-end countries of the world

  • The availability of many job opportunities in many fields, and the increase in the number of fields of work for foreigners during the last period, especially job opportunities for Arabs

  • The political and social stability that Turkey enjoys in general, and its reflection on Istanbul, being one of the most important Turkish states.

  • The presence of a very strong and interconnected transportation structure in Istanbul, which facilitates movement within the state away from crowds, and provides a comfortable environment for daily transportation, whether for work, university, shopping, or other purposes of movement within Istanbul

  • The quality of education in Turkish universities in Istanbul and the possibility of studying there by foreigners

  • The existence of easy Turkish laws for residence, work, and study in Istanbul

 

Do you want to own a property in Istanbul?

The desire to own an apartment in your name in Istanbul is not difficult, but it is within reach... Especially if we talk about the services provided to you by Fanar Realty in order to obtain real estate according to the specifications you desire, at encouraging prices, with options for purchase in installments, as well as the possibility of purchasing Real estate online. 

 

If you are seriously interested in owning real estate in Istanbul, we applaud you for your smart choice, as you will maintain the real value of your money away from fluctuating exchange rates, and your idea contributes to the development of your money in the long and near term even, and with this option, you open the way for You can also obtain Turkish citizenship by purchasing a property worth 250 thousand US dollars. 

So we are talking about a large list of advantages and incentives that make owning a property in Istanbul a golden idea for you and your family.

 

Housing prices in Istanbul

Whether you want to own or rent a property in Istanbul, the financial aspect and the costs that it may incur must be of most concern to you, and we will inform you of the square meter prices and rental prices:

 

 

In a residential complex

Outside the residential complex 

Price per square meter in Istanbul

Minimum

5000 TL 

3500 TL

Average

9000 TL

4700 TL

The maximum limit

12000 TL

5800 TL

The monthly rent value per square meter in Istanbul

Minimum

20.83 TL

14.7 TL

Average 

37.50 TL

19.7 TL

The Maximum limit 

50 TL

24.6 TL

 

These prices are according to the latest official statistics in Turkey in 2020. 

From the above, we can speak strongly about the great importance of the idea of ​​housing in Istanbul, especially as it has become an attractive idea for millions of Arabs and foreigners in Turkey, and it bears bright aspects that are difficult to count, although in this article we tried as much as possible to We take note of the most important of these aspects and present them to you with our article, which we hope will have won your admiration and fulfilled your need for reading it, and answered the questions that revolve in your mind about housing in Istanbul