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Buying a 40-square-meter apartment in Istanbul

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Buying a 40-square-meter apartment in Istanbul
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Istanbul, as one of the most beautiful and attractive cities in the world, has always been a popular destination for property purchases. Small apartments with an area of 40 square meters are among the most sought-after options for buyers and investors due to their practicality and affordable prices. In this article, we will first examine the reasons for the popularity of these apartments and then analyze the prices of 40-square-meter apartments in various districts of Istanbul and the factors affecting them.

Why is buying a 40-square-meter apartment in Istanbul recommended?

40-square-meter apartments have attracted the attention of buyers for several reasons. Below are some of their key advantages:

Affordable Price: Apartments with an area of 40 square meters are more affordable compared to larger units. This is highly appealing for individuals with limited budgets or those aiming to invest with lower costs.

Low Maintenance Costs: Expenses related to water, electricity, gas, and general building maintenance are much lower in this type of apartment than in larger units. This feature is especially important for singles, students, or young couples who want to manage their expenses.

Practical Design: Modern designs in these apartments allow for optimal use of limited space. Many of these units come with amenities such as small kitchens, built-in closets, and large windows that maximize the perceived space.

High Rental Demand: These apartments are a popular choice for renters, especially students and working individuals, due to their affordable prices and proximity to business centers, universities, and urban amenities.

Profitable Investment: With the rise in property prices in Istanbul, buying small apartments has become one of the reliable investment methods. Given the high demand, these apartments can be sold or rented quickly.

Read More: Prices of Three-Bedroom Houses in Istanbul

Buying a 40-Square-Meter Apartment in Sefaköy, Istanbul

Size: 40 m²

Smart System: Available

Number of Bedrooms: 1

Area: Safakoy

Price: 150,000 USD

Key Features of the Project

  • This project offers a variety of residential units ranging from studio apartments (0+1) to four-bedroom units (4+1), catering to different family and individual needs.
  • The unit sizes range from 42 square meters to 184 square meters.

Prime Location in the Vibrant Sefaköy Area:

  • This area is one of the best places in Istanbul for living and investment, thanks to its easy access to public transportation and major roads.

Comprehensive Leisure and Recreation Facilities:

  • Fitness center, swimming pool, steam sauna, and Turkish bath are designed for the comfort and relaxation of residents.
  • Landscaped gardens and sports fields provide a green and tranquil environment.

Modern Systems:

  • Equipped with a smart home system, advanced elevators, and 24/7 security systems.
  • Dedicated parking spaces for all residents.

Commercial Opportunities:

  • The project includes retail shops, enabling quick access to shopping, dining, and other essential services.

Investment and Citizenship Opportunity:

  • This project is ideal for obtaining Turkish citizenship and is a suitable option for those looking for an investment opportunity with high return potential.

Read More: Cheapest Neighborhoods in Istanbul

 

Project Amenities

Feature Status
Sports Center
Swimming Pool
Turkish Bath
Smart Home System
Sauna
Elevator
Parking
Children's Playground
Surveillance Cameras

Price of 40 m² Apartments in Different Areas of Istanbul

The price of this type of apartment depends on various factors such as geographic location, building amenities, and year of construction. Below are the average prices in different areas of Istanbul, including Sarıyer, Şişli, Kağıthane, Kadıköy, Ataşehir, and Maltepe.

:

Area Size (m²) Average Price (USD) Features
Sarıyer 40 250,000 Luxurious, suitable for long-term investment
Şişli 40 200,000 City center, excellent access to amenities
Kağıthane 40 170,000 Developing area, more affordable
Kadıköy 40 220,000 Luxurious Asian side, ideal for living
Ataşehir 40 180,000 Economic hub, newly built projects
Maltepe 40 150,000 Affordable, suitable for young families

Note: The exchange rate from USD to Iranian Toman in this table is considered as 70,000 Toman.

Read More: Price of duplex houses in Istanbul

Factors Influencing the Price of 40 m² Apartments in Istanbul

  • Location: Apartments located in central and popular areas like Şişli and Sarıyer have higher prices, while developing areas like Kağıthane offer more affordable options.
  • Building Amenities: Features such as parking, swimming pool, sauna, gym, and 24-hour security increase the apartment price.
  • Year of Construction and Design: New apartments with modern designs and up-to-date amenities are typically more expensive than older buildings.
  • Turkey's Economic Situation: Currency fluctuations and inflation directly affect property prices. During times when the Turkish lira is weaker, foreign buyers have a good opportunity to purchase.
  • Access to Amenities: Proximity to shopping centers, schools, universities, and public transport is also an important factor in price determination.

Conclusion

40 m² apartments in Istanbul are an ideal choice for investment and living due to their reasonable prices, practical design, and high rental demand. Different areas of the city offer diverse opportunities for buyers, allowing you to choose the best option based on your budget and needs. If you're seeking advice and more information about buying property in Istanbul, you can visit the Esta Property website. The site provides expert consultation and professional support to guide you through the property purchase process.

Frequently Asked Questions

What is the price of a 40 m² apartment in Istanbul?

The price of a 40 m² apartment in Istanbul varies depending on the area, building amenities, year of construction, and geographical location. On average, prices start from $150,000 in more affordable areas like Maltepe and can reach $250,000 or more in luxury areas like Sarıyer.

Is buying a 40 m² apartment a good investment?

Yes, 40 m² apartments are an excellent option for both short-term and long-term investment due to their high rental demand and reasonable prices. Especially in areas close to universities and business centers, these apartments provide high financial returns.

Which areas in Istanbul are better for buying a 40 m² apartment?

Areas like Şişli, Kadıköy, and Ataşehir are popular choices due to excellent access to transportation, amenities, and economic growth potential. For those seeking more affordable options, areas like Kağıthane and Maltepe are recommended.

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