Searching for apartments for sale in Istanbul for Qataris is one of the leading investment ideas over the past years, and we will help you through this article to learn important details about the best areas that Qataris prefer to own in Istanbul, the reasons that drive them to do so, and what types of real estate are preferred by Qataris, to Along with some other relevant information.
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Read on to benefit from all the details and information contained in this article
Where are there apartments for sale in Istanbul for Qataris?
Istanbul is a promising city with real estate options, but are all areas preferred by Qataris for real estate ownership? Of course not..because the Qatari investor has unique options that differ from the usual options for those wishing to buy real estate in Istanbul. Below we mention the most important areas of Istanbul in which Qataris search for real estate and apartments for sale:
Sariyer district
This area is called the "neighborhood of the wealthy" and is considered the first destination for businessmen and foreign and Turkish investors alike. It is also preferred by actors and celebrities to live in. Of course, its features and services attract large Qatari investors to own apartments, buildings and villas.
The prices of apartments in Sariyer are very expensive, due to the region’s high status and the high-quality luxury it provides, in addition to its location close to the Bosphorus Strait, the charm of green nature near the most beautiful European forests of Istanbul, and many service, social and entertainment features that make it the most expensive area in the city. Istanbul.
The price per square meter in Sariyer ranges from 48 to 80 thousand square meters, meaning that the average price of an apartment of 100 square meters in this area reaches 5 million Turkish liras (about 270 thousand US dollars).
Qataris in Istanbul often choose to go to Sariyer, despite the high real estate prices there, in search of luxurious entertainment features, comfort, tranquility, high level of safety, government interest in organizing the area, its cleanliness and calm, and providing all the requirements of luxury life there.
Sisli district
It is an area of high-end markets and luxury shopping malls, in addition to being an important transportation hub, very close to the city center, overlooking the sea, the Bosphorus Strait and the Golden Bay, and many other advantages await Qataris looking for apartments for sale in this area.
Sisli is characterized by the presence of many residential and commercial towers in it, such as Trump Tower, Cevahir Mall, and Toron Tower, and due to the importance of these vital centers, we find that the percentage of ownership in this area is very high.
It is also strongly served by modern transportation such as the Metrobus line, the metro line, as well as the E5 highway that passes through the area and extends from the European end of Istanbul to the far Asian end of it.
The prices of apartments in the region range between 2-4 million Turkish liras for an apartment of 100 square meters, which is approximately equal to 110-220 thousand US dollars, and the value of the property increases with the increase in the importance of the residential complex in which the property is located.
Beyoglu district
It is the center of the city, here you find the Taksim area and its famous square, and Istiklal Street, which represents one of the most famous tourist areas in Turkey, where you cannot say that a visitor enjoyed his tourist trip in Istanbul without returning with some pictures taken from Istiklal Street.
In addition to the centrality of the area and its vital importance, it is well served by transportation, whether fast, such as the metro, or regular transportation, which forms an interconnected network between it and the various nearby neighborhoods.
The region is also known to be incredibly integrated, in terms of providing various service, health and educational facilities, as well as markets, malls, banks, restaurants, cafes, parks and many other facilities that help a happy life, stability and contentment.
Qataris think of this area as being close to the Bosphorus, as it is an important business center, so it is possible to benefit from housing, trade and investment in the same area, and the level of safety in it is very high.
The average price of an apartment of 100 square meters in Beyoglu is estimated at about 2-3 million Turkish liras, or about 110-165 thousand US dollars. As for offices and commercial real estate, the square price starts from approximately 25 thousand Turkish liras (1350 US dollars).
Did you read our article: Apartments for sale in Istanbul?
Now that we have known the three most important areas in which apartments for sale in Istanbul for Qataris are searched for, we want to share with you some important information about the specifications of real estate suitable for Qataris in Turkey, especially in Istanbul.
Specifications of real estate preferred by Qataris in Türkiye
The Qatari businessman is distinguished from other businessmen coming to Turkey to invest in it, so he has special options he is looking for, which are as follows:
Floor apartments "duplexes or more"
Qatari families are relatively large, with an average number of members per family ranging between 7-10, which makes it unacceptable to live in small apartments, even if it is for a short period of the year, or for tourism purposes only.
Therefore, the option of spacious apartments with two floors or more is the ideal choice for them, whose areas usually range between 250-400 square meters.
This matter is related to the Qataris' ownership options in the city center of Istanbul. As for the Qatari buyers who go to the outskirts of Istanbul or to the vicinity of the Bosphorus, they buy villas and independent houses, not apartments.
Hotel and tourist apartments
In the previous paragraph, we talked about the housing option for Qataris in Turkey. As for the apartments they are looking for for investment, they are always comfortable investment options, such as hotel apartments with full specifications, especially in hotels with a high reputation, or furnished tourist apartments in luxury residential complexes.
