Exploring Istanbul’s Hidden Gem Neighborhoods for Property Investment

Introduction

Turkey is a country where tourism takes off and property investment grows. Istanbul, the largest city in Turkey and one of the most visited cities in Europe, has seen an increase in both international tourism and real estate investments. The city’s historic architecture is known around the world as well as its great food, culture, shopping and nightlife. However, while many tourists flock to popular neighborhoods such as Beyoglu or Cihangir; there are other neighborhoods that are waiting to be discovered by investors looking for a more affordable option with great potential growth.

Cihangir

Cihangir is a beautiful neighborhood in Istanbul, Turkey, on the European side of the city. It is located in the district of Beyoğlu and is known for its bohemian atmosphere and art galleries. The word ‘cihangir’ means ‘blue house’ in Turkish because of its cobalt blue houses and mansions built during Ottoman times when they were painted with that color to protect against humidity.

Nisantasi

Nisantasi in Istanbul, Turkey. It’s one of the trendiest and most upscale areas in the city, home to many shops, restaurants and cafes. The neighborhood has become popular with tourists due to its close proximity to Taksim Square and Istiklal Avenue (the main street for shopping).

It’s easy to see why this area has become so popular: Nisantasi boasts tree-lined streets that make it feel like you’re walking through an outdoor mall or park rather than urban real estate. It also has several historical sites worth visiting such as Dolmabahce Palace or Buyukada Island National Park–a great place for bird watching!

Eyup

Eyup is a neighborhood in the Fatih district of Istanbul, Turkey. It lies on the Golden Horn, at its north-eastern corner (or “eyup” in Turkish) opposite Anadolu Kava?i and Beylerbeyi palace. Eyup is also known as Eyub or Eyoub/Eyoup after its founder, who was one of Prophet Muhammad’s followers.

Eyup has been settled since Byzantine times and became an important center for Muslims after they conquered Constantinople (nowadays Istanbul). In fact, it was home to many famous Islamic scholars such as Ebussuud Efendi (1781-1848), who wrote commentaries on hadiths; Haci Abdurrahman Gucdaglioglu who compiled books about tariqah orders; Ibrahim Hakki Dedeoglu who wrote about Sufism and Imam Shamil who led Dagestan resistance against tsarist Russia during WWI

Beyoglu

Beyoglu is one of Istanbul’s most popular neighborhoods for tourists, but it’s also a great place to invest in property. It has tons of shops and markets, cafes and restaurants, hotels and hostels–and it’s just a short walk from Taksim Square (the main square in Beyoglu).

Kadikoy

Kadikoy is a district of the European side of Istanbul, Turkey. Kadikoy is a neighborhood in the Beyoglu district of Istanbul.

The word “kadikoy” means “crucifix” in Turkish and refers to an ancient Greek Orthodox church located near the center of this area. The name was given because there used to be many churches in this area and they were all built on top of each other by different civilizations over time, resulting in several crosses being formed when seen from above (or rather below).

Invest in turkey

Turkey is a great place to invest in property, especially if you’re looking for safety and stability. The country has a booming economy and its political system is stable. It also offers tax incentives for foreign investors who purchase property within certain areas of Istanbul, including Sisli, Kadikoy and Besiktas.

While Turkey’s economy has suffered from slowing growth rates over the last few years (it was only 2% in 2017), this slowdown is expected to reverse in 2018 as inflation drops back down towards target levels and interest rates rise once again – both of which will support increased consumer spending power across all sectors of society.

The country’s political system is also stable, with the ruling AK Party expected to remain in power for the foreseeable future. Turkey’s economy will likely continue to grow at a relatively rapid rate over the next few years as well.

Conclusion

Istanbul is a city that’s constantly evolving, but there’s no better time to invest in property than now. With so many neighborhoods on the rise, you’ll have plenty of options when it comes time for you to buy or sell in Turkey.