Small apartments in Istanbul are a big dream for landscape lovers, who want to get home, even a small one, in a wonderful tourist city like Istanbul. If you are one of them, we will help you here with the information necessary to achieve your dream, we will tell you about the best apartments with relatively small spaces, and their specifications,

 As for their prices, we will mention to you the factors that control the increase or decrease in their price

Why Istanbul specifically?

Some people think that buying an apartment in Turkey in itself is a wonderful dream and the city does not matter. The important thing is that the apartment is in that wonderful country, but the truth is Istanbul is the most beautiful among the cities of Turkey, so it is good to have an apartment in it.

 As for the reason for choosing Istanbul in particular, it is as follows:

  • Firstly, Istanbul is one of the largest and most beautiful cities in Turkey.
  • Secondly, it is a tourist city with many magnificent places, whether natural or tourist, and most of the facilities have charming views.
  • Third, you can camp in designated places, such as safe and very beautiful forests, so that you will find many people camping with you in those places.
  • Fourth, you will find tourist trips available from companies working in the field of tourism, at cheap prices and services beyond description, that take you on a tour in Turkey at a price you will not believe.

Because the beaches in Istanbul are widespread, it is indeed the most expensive city in Turkey and the most expensive to live in.

But it is reassuring that you will find many small apartments in Istanbul at varying prices, depending on the factors that we will mention later.

Small apartments in Istanbul – Specifications and Features

Before you think about buying one of the apartments in Istanbul, we will help you choose your apartment with specifications that will make your stay there an enjoyable life experience.

  • The apartment must be no less than two rooms, one of which is a master bedroom, and the other is for your children or for hosting your friends and acquaintances.
  • Make sure that the bathroom space is reasonable, because the narrow spaces in the bathroom will make you uncomfortable sometimes.
  • As for the kitchen, it is preferable that it be of a good size, not small in size.
  • And choose the location of the building in a safe place, and the building has a property guard, and at least an elevator, especially if your apartment is on one of the high floors.

How do you choose your apartment in Istanbul?

Since you want to buy an apartment in Turkey to enjoy a quiet life, your apartment should be one of the small apartments in Istanbul, but with certain specifications, such as:

  • Choose it near the beaches with a charming sea view, or next to one of the tourist places.
  • If you are a fan of architectural designs, you can choose your apartment next to one of the famous mosques, or the famous historical palaces of Istanbul.
  • But if you have more inclinations for history, make your apartment near the museums in the capital, for example.
  • And in case you are a fan of entertainment and having great times, choose it near nightclubs or public parks and famous malls.
  • But if you are a businessman, your schedule is very full, and it is possible to interrupt your vacation to go to work, or you have to travel a lot, then we advise you to choose your apartment next to one of the airports, where public transportation is available in that area such as the metro or next to highways.

Prices of apartments in Istanbul, Turkey

If you want to own a simple apartment, even if it is a small apartment in Istanbul, but the price is an obstacle for you, we promise you that you can make your dream come true.

Turkey encourages foreign investors in its country, so you will find that the prices there, are not as expensive as in some foreign countries, or  some Arab destinations such as Dubai

Economic statistics stated that with a small amount that may not exceed 100,000 dollars, you will be able to buy an apartment in Istanbul.

It was said that due to the reasonable prices of housing there, there is a demand from Arab and foreign investors to own housing units in this charming city.

Even real estate companies in Turkey are masterful in building wonderfully designed housing facilities at negligible amounts compared to prices in other tourist countries, and not in the beauty and charm of Istanbul.

Some economic studies have stated that Istanbul still needs 2 million housing units.

This means that you can still get your own apartment there and that you can buy it, especially since the laws there help you to do so because they are free of the complications that you may find in other countries.

 4 Factors that affect the price of a small apartment

If you are still determined to know the price approximately, we, unfortunately, will not be able to determine it for you, especially since the small apartments in Istanbul differ among themselves, which indicates certain factors that make prices not specified and differs from one apartment to another.

  • The specific size of the apartment, of course, is an important factor in determining the price.
  • Its location is near or far from the famous tourist places in Istanbul. The more the apartment is in a lively place, the more expensive it is.
  • The facilities and features contained in the building in which the apartment is located, such as the presence of an elevator or not, and whether there is a guard on the building as well or not.
  • The number of rooms also affects the price of the apartment as well.

The future outlook of economists in Turkey

Because Turkey's economy originally depends on tourism, it has made it easy for investors to come and invest and buy housing units even if it was one of the small apartments in Istanbul. As for the expert's opinion on Turkey's economy in the future, it is as follows:

  • Because of the facilities available, and the simple legal procedures, experts believe that they are factors that encourage investors to establish their own projects in Turkey or at least extend the business of their companies to it.
  • The facilities are not limited to ownership procedures only, but there are facilities in paying the price of the apartment, where the possibility of payment is available in installments of up to 9 years.
  • Real estate companies in Turkey depend on the expansion of architectural facilities in Istanbul in particular, because of its importance and prestige among the cities of Turkey.
  • Economic experts have stated that there are still beautiful places in Istanbul waiting for their role in the urban expansion there.
  • There are even temptations for novice investors, encouraging them to buy residential units even if they are small apartments in Istanbul.
  • Economic statistics have stated that foreign investments in Turkey amounted to more than 10.9 billion dollars, and this statistic is for the year 2017.
  • It was said that 58,000 foreign companies are investing in Turkey.
  • This is because it is a country favored by all businessmen in the Arab world and countries of the world alike, due to its distinguished geographical location between Europe and Asia.

 

Read: Buying an apartment in Istanbul

  • And from 2017 to this day, we find that there is an increasing but reasonable rise in the prices of apartments and villas in Turkey, and it is said that it is expected to increase
  • more, but even with that increase, this tourist country remains one of the cheapest countries with great housing units at lower prices of its true value.

 

After we told you about the specifications of small apartments in Istanbul and the factors affecting the price difference between one apartment and the other, we advise you to choose an apartment with an excellent geographical location and we wish you happy times in Turkey.