Istanbul, a city with a rich history and diverse culture, is one of the most popular destinations for living and tourism in the world. Known as a bridge between the East and West, the city boasts numerous tourist attractions and draws significant attention due to its geographic and economic position. However, living in Istanbul can be expensive, especially in the central and touristy areas of the city. Fortunately, Istanbul also offers other neighborhoods that are more affordable and can be great options for those looking to live or invest in the city. In this article, we aim to introduce the cheapest neighborhoods in Istanbul—areas that, with their unique characteristics and affordable prices, can be ideal choices for those seeking an affordable home in this bustling metropolis.
List of the cheapest neighborhoods in Istanbul in order:
- Esenler Neighborhood
- Selvi Neighborhood
- Arnavutkoy Neighborhood
- Başakşehir Neighborhood
- Bagcilar Neighborhood
- Sultangazi Neighborhood
- Catalca Neighborhood
- Büyükçekmece Neighborhood
- Esenyurt Neighborhood
- Yılık Düzü Neighborhood
- Sıfaköy Neighborhood
- Zeytinburnu Neighborhood
- Kartal Neighborhood
- Maltepe Neighborhood
- Pendik Neighborhood
Esenler Neighborhood
Esenler is one of the more affordable neighborhoods in Istanbul. Due to its geographical location and recent developments in construction, it has become an attractive option for those looking for budget-friendly housing in Istanbul. The cost of rent and property purchase in this area is significantly lower compared to many other neighborhoods in Istanbul.
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One-bedroom apartment rent: The average rent for a one-bedroom apartment in Esenler ranges from 3,500 to 4,500 Turkish lira per month. This price can vary depending on the exact location of the apartment and the condition of the building.
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Two-bedroom apartment rent: A two-bedroom apartment in Esenler typically rents for between 5,000 and 6,500 Turkish lira per month. In some of the southern parts of the neighborhood, this price may be higher.
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Property purchase: The average price per square meter for buying property in Esenler is about 2,500 Turkish lira. In newer, more modern areas like "Bahçeşehir," this price can rise to 3,000 Turkish lira per square meter. As a result, buying an apartment or house in Esenler is a suitable and affordable option for those looking to invest or live in Istanbul.
Reasons for the Affordable Housing Costs in Esenler
One of the primary reasons for the low housing prices in Esenler is its location on the outskirts of Istanbul. While some of the central neighborhoods are more expensive due to their proximity to tourist attractions and business hubs, Esenler is considered a residential and less-developed area. Additionally, since Esenler is still undergoing growth and development, the construction and property costs are lower compared to other parts of Istanbul. Furthermore, Esenler is still known as a working-class neighborhood, which reduces the demand for luxurious and expensive properties in the area.
Food and Living Costs in Esenler
The cost of food and general living expenses in Esenler is lower than in many other parts of Istanbul. Restaurants and cafes in the area are generally more affordable compared to central areas, and visitors can enjoy local and traditional Turkish dishes at reasonable prices. Additionally, daily shopping in supermarkets and local markets in Esenler is cheaper than in pricier areas like Beyoğlu or Beşiktaş. Overall, living in Esenler is a great option for those looking to save on daily expenses.
Economic Characteristics of Esenler
Esenler, due to its location near key highways like the TEM motorway, has become one of Istanbul's economic centers. The neighborhood provides easy access to various parts of the city, which benefits residents. Additionally, Esenler is home to a variety of commercial and industrial centers, attracting individuals with different professions. Due to the industrial nature of the area, many working-class and service jobs are available in Esenler, making it a popular choice for people seeking employment.
Ideal for Whom?
Esenler is an ideal choice for those looking for affordable housing and lower living expenses in Istanbul. Those looking to rent or buy property at a lower cost, while still having access to urban amenities, should consider Esenler as an option. Furthermore, this neighborhood is suitable for individuals who wish to work in an industrial or service-based environment. It also works well for families seeking a quieter neighborhood with good educational and healthcare facilities. However, Esenler may not be suitable for those looking for luxury living or high-end amenities.
Overall, Esenler, with its lower housing prices, adequate urban facilities, and easy access to various parts of Istanbul, is one of the most economical and affordable areas of the city. This neighborhood is a great option for individuals looking to buy or rent property at a lower cost, especially those seeking to invest or live in Istanbul on a budget.
Silivri Neighborhood
Silivri, located on the outskirts of Istanbul, is one of the more affordable areas in the city in terms of housing. Known for its coastal location, pristine nature, and tranquil atmosphere, Silivri is a popular destination for people seeking a peaceful life away from the hustle and bustle of the city center. Generally, housing costs in Silivri are significantly lower compared to other neighborhoods in Istanbul, especially the central and more crowded areas.
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One-bedroom apartment rent: The average rent for a one-bedroom apartment in Silivri ranges from 4,000 to 6,000 Turkish lira per month, depending on the location and the quality of the building. Prices may be slightly higher in specific areas such as Gümüşyaka or Şimşekköy, which are closer to the coast and more populated. Given the natural surroundings and calm environment, these prices are quite reasonable for those seeking a quiet living space.
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Two-bedroom apartment rent: Renting a two-bedroom apartment in Silivri is also more affordable compared to many other parts of Istanbul. These apartments typically rent for between 6,500 and 9,000 Turkish lira per month. However, in more sought-after areas like Gümüşyaka or Şimşekköy, the rental prices may be slightly higher.
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Property Purchase: Buying property in Silivri is an attractive option for investors and individuals looking to settle in the area permanently. The average price per square meter is between 4,500 and 6,500 Turkish lira for new or renovated properties. However, prices can vary depending on the neighborhood and the type of property. Some areas in Silivri, such as Gümüşyaka, Pirimehmet Paşa, and Şimşekköy, which are popular with tourists and summer residents, tend to have higher property prices.
Reasons for Silivri's Affordable Housing Costs:
Silivri is known as one of the most affordable areas to live in Istanbul for several reasons. The primary factor is its distance from the city center, which reduces demand for property rental and purchases in the area. Furthermore, Silivri has not yet developed as much as other parts of Istanbul, and much of the land remains natural and unspoiled. The presence of agricultural land, meadows, and large green spaces has kept the area more affordable and accessible for urban development.
Food and Living Costs in Silivri:
The overall cost of living in Silivri is lower compared to other Istanbul neighborhoods. Food costs, particularly at local restaurants and cafes, are cheaper than in other urban areas. A meal at a local restaurant in Silivri typically costs between 400 and 600 Turkish lira, which is considerably lower than similar meals in the city center. Moreover, local markets and small shops in Silivri offer fresh, organic products at reasonable prices, making it an attractive option for families and individuals looking to buy goods at a lower cost.
Economic Characteristics of Silivri:
Silivri's economy is largely based on agriculture, livestock farming, and tourism. The area is known for its fertile agricultural land and is a major hub for organic produce and dairy products in Istanbul. Additionally, summer tourism plays a significant role in the local economy, as many people visit Silivri for its coastal and recreational offerings during the warmer months. However, due to its distance from the city center, Silivri has not yet developed as much in terms of commerce and services compared to some of the more central neighborhoods in Istanbul.
Who is Silivri Suitable For?
Silivri is ideal for individuals seeking a peaceful life away from the urban chaos and surrounded by nature. The area is especially suitable for families and those looking to spend their holidays in a coastal and tranquil environment. It is also a great choice for people interested in horseback riding, swimming, and other water sports, as Silivri offers plenty of opportunities for these activities. For those looking to invest in property at affordable prices, Silivri presents a great option as well. Overall, Silivri is one of the best choices for people who are seeking tranquility and natural surroundings in Istanbul.
In conclusion, Silivri, with its affordable housing prices, natural beauty, and peaceful atmosphere, is an excellent choice for both living and investment. Whether you're looking for a quiet place to settle down or a place to invest in property, Silivri offers opportunities at reasonable prices, making it a great option for those seeking an alternative lifestyle in Istanbul.
Arnavutköy Neighborhood
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One-bedroom apartment rent: Renting a one-bedroom apartment in Arnavutköy is generally more affordable compared to central Istanbul areas. Monthly rent for a one-bedroom apartment can range between 5,000 to 7,000 Turkish lira, depending on the location and condition of the property. Apartments near the coast or with scenic views of the Bosphorus may have slightly higher rents. If you are looking for a more budget-friendly option, Arnavutköy offers an attractive solution.
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Two-bedroom apartment rent: For two-bedroom apartments, rental prices typically range from 7,000 to 11,000 Turkish lira per month. These rents vary depending on the building type, available amenities, and proximity to the coast. Properties located in busier or more serviced areas tend to have slightly higher rents. Nevertheless, Arnavutköy remains more affordable than more central districts like Beşiktaş or Taksim.
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Property Purchase: The property prices in Arnavutköy have risen in recent years, yet they are still more affordable compared to many central Istanbul neighborhoods. The price for a typical two-bedroom apartment can range from 2 million to 4 million Turkish lira. In some coastal or Bosphorus-adjacent areas, property prices may be higher. For larger independent homes, such as villas, prices can reach up to 10 million Turkish lira.
Reasons for Arnavutköy’s Affordability:
The primary reason for Arnavutköy’s more affordable property prices, compared to other parts of Istanbul, is its geographical location. Unlike central Istanbul, it is somewhat distant from public services and shopping centers and is still under development. While the area boasts natural beauty and a coastal setting, it remains relatively affordable due to its distance from the commercial and residential hubs of the city.
Living and Food Costs in Arnavutköy:
Living costs in Arnavutköy are lower compared to other parts of Istanbul. Local food and seafood restaurants offer reasonable prices. A meal at a mid-range restaurant typically costs between 200 to 400 Turkish lira, which is much cheaper than similar meals in central areas. Supermarkets in Arnavutköy have similar prices to other parts of Istanbul, but overall, living expenses in this neighborhood are lower than in more crowded and busy areas such as Taksim or Beşiktaş.
Economic Features of Arnavutköy:
Arnavutköy is known for its coastal and historical significance, making it both a residential and tourism destination. The area is still developing, with many new housing projects under construction. Local industries such as fishing and agriculture (notably its famous strawberries) play a significant role in the economy. Additionally, the presence of prestigious universities and schools like Boğaziçi University and Robert College contributes to the cultural and economic growth of the area.
Who Is Arnavutköy Suitable For?
Arnavutköy’s tranquil and rural atmosphere makes it an ideal location for individuals seeking a peaceful life away from the city's hustle and bustle. It is particularly suitable for families and nature lovers who want to live near the Bosphorus. Additionally, those looking for an affordable area with investment potential in real estate might consider Arnavutköy as a growing neighborhood with significant future prospects.
In conclusion, Arnavutköy, with its natural attractions, coastal location, and affordable housing prices, is recognized as one of the most attractive and affordable areas of Istanbul. The neighborhood combines history, nature, and a dynamic economy, offering a variety of opportunities for those seeking a balanced and affordable lifestyle. Whether you are looking for a place to live or an investment opportunity, Arnavutköy provides a blend of charm and practicality that appeals to many people.
Başakşehir Neighborhood
One-Bedroom Apartment Rent: In Başakşehir, the rent for a one-bedroom apartment typically ranges between 5,000 and 7,000 Turkish lira per month. This area, due to its favorable geographical location and proximity to public transportation and commercial districts of Istanbul, has seen significant growth in rental demand. With numerous residential and commercial projects, one-bedroom apartments are particularly popular with young professionals and those seeking a modern, peaceful environment.
Two-Bedroom Apartment Rent: Renting a two-bedroom apartment in Başakşehir generally costs between 7,000 and 10,000 Turkish lira per month. The neighborhood is appealing to families and individuals looking for a calm living space with convenient access to urban amenities. With its green spaces, parks, and easy access to metro and bus stations, Başakşehir offers a comfortable living environment.
The average price for purchasing property in Başakşehir starts at around 2.5 million Turkish lira, with prices for larger and more luxurious homes potentially reaching up to 8 million lira. As the neighborhood continues to develop with modern residential and commercial projects, and due to its access to public transport and essential services, property prices are on the rise. For those seeking property for residence or investment, Başakşehir is an attractive option with its array of amenities such as hospitals, shopping malls, and parks.
Reasons for Başakşehir’s Affordability:
Despite its excellent location and rapid development, prices in Başakşehir remain relatively affordable compared to many other areas of Istanbul, especially the central districts. This is partly due to the ongoing development projects, the area's distance from the city center, and the recent start of large-scale urbanization efforts. Additionally, Başakşehir's proximity to Istanbul's new airport and major projects such as the Istanbul Canal give it significant economic potential, which contributes to the overall affordability of the area.
Living and Food Costs in Başakşehir:
Living costs in Başakşehir are generally lower than in many other districts of Istanbul. Prices at local restaurants and supermarkets are more affordable compared to the busier, central areas of the city. A meal at a mid-range restaurant in Başakşehir can cost between 100 to 150 Turkish lira, which is much cheaper than similar meals in neighborhoods like Beşiktaş or Nişantaşı. Supermarkets and shopping centers in the area typically offer reasonable prices, making it a cost-effective choice for those looking to save on daily expenses.
Economic Features of Başakşehir:
Başakşehir has experienced significant economic growth in recent years. With large-scale urban development projects, commercial centers, modern parks, and healthcare facilities, it is quickly becoming one of the economic hubs of Istanbul. Although property prices are still relatively low compared to more established areas, the value of real estate in Başakşehir has been steadily increasing. With its proximity to the new Istanbul airport, the Istanbul Canal project, and modern infrastructure, the area’s economic prospects continue to grow, making it an excellent destination for real estate investment.
Who Is Başakşehir Suitable For?
Başakşehir is ideal for those seeking to live in a modern, well-equipped area that offers relative tranquility. This neighborhood is particularly attractive to families, young people, and individuals who want a safe, well-connected environment with access to urban amenities. Additionally, those looking to invest in real estate will find significant opportunities in Başakşehir, as the area’s rapid growth and large-scale projects ensure that property values will continue to rise.
In conclusion, Başakşehir is one of the most modern and rapidly growing neighborhoods in Istanbul, making it an excellent choice for both living and investment. With its high standard of living, security, and modern infrastructure, Başakşehir offers a great quality of life and significant potential for property investors looking to capitalize on its ongoing development. Whether you are planning to settle down or invest, Başakşehir offers a unique blend of convenience, comfort, and future growth.
Bağcılar Neighborhood
One-Bedroom Apartment Rent: In Bağcılar, the rent for a one-bedroom apartment typically ranges from 5,000 to 7,000 Turkish lira per month. These prices apply to standard apartments, and rents may be slightly higher in areas closer to public transport stations such as tram and metro lines.
Two-Bedroom Apartment Rent: The rent for a two-bedroom apartment in Bağcılar generally ranges from 6,000 to 9,000 Turkish lira per month. The cost varies based on factors such as the apartment's location, amenities, and the type of building. Apartments near shopping centers or transport hubs tend to have higher rental prices.
The cost of purchasing property in Bağcılar is relatively affordable compared to many other areas in Istanbul. The price for a one-bedroom apartment typically starts from 200,000 to 300,000 Turkish lira, while larger apartments start at 300,000 lira and can go up to 400,000 lira in more central areas near shopping malls or metro stations.
Reasons for Bağcılar's Affordability:
Despite its rapid development, Bağcılar remains one of the more affordable areas in Istanbul. One of the key reasons for this is its location, which is somewhat removed from the city center. Unlike coastal or central districts, Bağcılar doesn’t carry the high costs typically associated with tourist-heavy and central locations. Furthermore, some parts of the neighborhood are still under development, keeping prices lower compared to more established areas.
Living and Food Costs in Bağcılar:
Living costs in Bağcılar are significantly lower than in many central parts of Istanbul. A typical meal at a standard restaurant in the area costs around 50 Turkish lira, which is much cheaper than similar meals in more famous areas like Taksim or Beşiktaş, where prices can be twice as high. Grocery prices in Bağcılar are also more affordable. For instance, a kilogram of rice costs around 30 lira, a liter of milk is approximately 20 lira, and a kilogram of tomatoes is about 15 lira. These prices make Bağcılar an attractive option for individuals looking to save on everyday expenses.
Economic Features of Bağcılar:
Bağcılar is a dynamic economic hub, primarily driven by its industrial sector and commercial projects. It has become one of Turkey's top five industrial districts, with industries such as textiles, leather, paper, and machinery manufacturing operating in the area. The presence of numerous large companies and factories has contributed to job creation and economic growth in the region. Additionally, the presence of major shopping centers like "Güneşlipark AVM" and "212 Istanbul Outlet" has further boosted the area's economic activity. Its easy access to major highways makes it an attractive destination for entrepreneurs and business owners.
Who is Bağcılar Suitable For?
Bağcılar is an ideal choice for individuals seeking a more affordable and tranquil living environment with good amenities. Due to the ongoing construction projects, the area has become an excellent choice for investors. People working in various industries, especially those in textiles, apparel, and leather, can benefit from being near industrial and commercial centers. Furthermore, families looking for a neighborhood with green spaces and amenities such as schools, hospitals, and parks will find Bağcılar a suitable place to live.
In conclusion, Bağcılar is a growing, affordable neighborhood that offers easy access to public transportation and a range of amenities. Its affordability, combined with its ongoing development, makes it a popular choice for both living and investment. Given the rapid growth of the area in recent years, Bağcılar is expected to continue evolving and could become one of the main centers of Istanbul in the future.
Sultangazi Neighborhood
Sultangazi is one of the most affordable areas in Istanbul, offering a suitable option for individuals looking for more budget-friendly living spaces in this large city. In this overview, we will examine the housing costs, reasons for the area's affordability, living expenses, and economic features of Sultangazi.
One-Bedroom Apartment Rent: The monthly rent for a one-bedroom apartment in Sultangazi typically ranges from 1,400 to 1,900 Turkish lira. Converting this to Iranian rial (2200 IRR per 1 TRY), it would be approximately 3.08 million to 4.18 million IRR. These rates are significantly lower compared to many other areas in Istanbul, where one-bedroom apartments can cost over 5,000 lira. For those seeking affordable rent, Sultangazi is an attractive option.
Two-Bedroom Apartment Rent: The rent for a two-bedroom apartment in Sultangazi typically ranges from 1,700 to 2,300 Turkish lira per month. This converts to about 3.74 million to 5.06 million IRR. These rental prices offer more space at affordable rates compared to many other neighborhoods in Istanbul, making it a suitable choice for those needing extra space.
Property Purchase:
The price of a 100-square-meter apartment in Sultangazi is approximately 465,000 Turkish lira, or around 1.02 billion IRR. While prices can vary depending on the specific area and property features, this is a very attractive option for those looking to buy property in Istanbul at lower prices.
Reasons for the Affordability of Sultangazi:
Several factors contribute to the lower property prices in Sultangazi. Firstly, the neighborhood is somewhat removed from the main tourist attractions and the city center, which tends to keep rental and property prices lower compared to central areas. Secondly, urban infrastructure, such as transportation systems and amenities, has not yet reached the level of some other districts in Istanbul. However, recent urban renewal projects in the area are expected to drive price increases in the future. Despite this, Sultangazi remains one of the most affordable areas in the city.
Living and Food Costs in Sultangazi:
The cost of living in Sultangazi is relatively affordable, particularly due to the low rent prices. The cost of food and groceries in the area is also cheaper compared to other central neighborhoods in Istanbul. For example, a typical meal at a local restaurant costs around 100 Turkish lira (220,000 IRR). Additionally, the cost of daily shopping at stores and supermarkets is generally lower than in more expensive areas of the city.
Economic Features of Sultangazi:
Sultangazi is an economically developing area. While it has not yet reached the economic levels of more central districts, the increasing property prices in recent years and ongoing urban renewal projects suggest a promising economic future. Due to its proximity to neighborhoods like Eyüp, Gaziosmanpaşa, and Esenler, Sultangazi has great potential for further investment and economic growth. The region's developing infrastructure and industrial activities are expected to attract more investments, increasing its economic value.
Who is Sultangazi Suitable For?
Sultangazi is ideal for individuals looking for an affordable yet decent living option in Istanbul. The neighborhood is particularly attractive to families, students, and those seeking affordable housing or property compared to other more expensive areas in the city. Additionally, individuals looking to live in a developing and growing area, or those interested in low-risk investment opportunities, can benefit from the potential of this neighborhood.
With its affordable prices and gradually improving infrastructure, Sultangazi offers a viable option for both living and investment in Istanbul. This area, which is still in the development phase, can be considered an excellent choice for those looking for budget-friendly housing and future opportunities in a developing neighborhood.
Çatalca Neighborhood
Çatalca is one of the most affordable suburban areas in Istanbul and is considered one of the cheapest neighborhoods in both the city and Turkey. Located to the west of Istanbul, Çatalca offers much lower housing and living costs compared to the city center due to its distance from the bustling tourist areas and central locations. Below, we will break down the housing costs, reasons for its affordability, living expenses, and economic features of this neighborhood.
Housing Costs in Çatalca:
One-Bedroom Apartment Rent: The average monthly rent for a one-bedroom apartment in Çatalca ranges from 1,200 to 1,800 Turkish lira. Converting this to Iranian rial (2200 IRR per 1 TRY), this amounts to approximately 2.64 million to 3.96 million IRR. This rent is significantly more affordable compared to central areas of Istanbul, where one-bedroom apartments often cost over 5,000 lira. This makes Çatalca an attractive option for those seeking budget-friendly housing.
Two-Bedroom Apartment Rent: The rent for a two-bedroom apartment in Çatalca typically ranges from 1,500 to 2,500 Turkish lira per month. In Iranian rial, this converts to about 3.3 million to 5.5 million IRR. These rental rates are much lower than other areas of Istanbul, making it an ideal choice for families or individuals in need of more space at a lower cost.
Property Purchase:
The cost of buying property in Çatalca is much cheaper than in other parts of Istanbul. On average, a 100-square-meter apartment in Çatalca costs between 400,000 and 600,000 Turkish lira, or roughly 880 million to 1.32 billion IRR. These prices are particularly attractive for those looking to buy property in Istanbul without the high costs of central areas.
Reasons for the Affordability of Çatalca:
The affordability of property in Çatalca can be attributed to several factors. Firstly, the area is located relatively far from the center of Istanbul and major tourist attractions, which results in lower real estate prices. Additionally, public transportation to and from the city center takes more time and effort, which also affects prices. Furthermore, Çatalca is still developing in terms of infrastructure and amenities, and although it is steadily improving, it has not yet reached the level of development found in other central neighborhoods. As a result, housing costs in this area remain lower than in more established regions.
Living and Food Costs in Çatalca:
The overall cost of living in Çatalca is significantly lower compared to other neighborhoods in Istanbul. For instance, a typical meal at a local restaurant costs between 70 and 100 Turkish lira, which is about 154,000 to 220,000 IRR. Additionally, grocery prices in supermarkets and local markets are generally lower than those found in more expensive parts of Istanbul, making it a great choice for those looking to live in a more cost-effective area.
Economic Features of Çatalca:
Çatalca is known as a developing area in terms of its economy. Although it is not as economically advanced as some of the more central areas of Istanbul, the neighborhood is gradually improving. With an increasing population and ongoing development projects, Çatalca has the potential to become a bustling hub for investment and business in the near future. Currently, the region's economy is largely based on agriculture and the production of local goods, giving it a unique economic profile compared to more industrialized parts of the city.
Who is Çatalca Suitable For?
Çatalca is ideal for individuals seeking to live in an affordable area of Istanbul. The neighborhood is particularly suitable for families, public sector workers, and those looking for a quieter life away from the hustle and bustle of the city. Additionally, it is perfect for those interested in buying property at lower prices. With its proximity to nature and green spaces, Çatalca is also well-suited for people who prefer a more open and natural environment. Moreover, investors looking to purchase property for rental income can benefit from the low prices in this area.
As one of the most affordable neighborhoods in Istanbul, Çatalca offers an excellent opportunity for individuals looking to live at a lower cost or invest with lower risks. With its developing infrastructure and easy access to other parts of the city, Çatalca is expected to become one of the more popular areas for both living and investment in the future. For anyone looking for a budget-friendly living option or investment opportunity in Istanbul, Çatalca is a highly attractive option.
Büyükçekmece Neighborhood
Büyükçekmece is a large and well-developed district in the suburbs of Istanbul, known for its affordable prices compared to the city's central areas. Located on the western side of Istanbul, near the shores of the Sea of Marmara, this district has experienced steady population growth and infrastructure development, making it a popular destination for those seeking a more budget-friendly lifestyle in Istanbul.
Housing Costs in Büyükçekmece
One-Bedroom Apartment Rent: The average monthly rent for a one-bedroom apartment in Büyükçekmece typically ranges from 2,000 to 3,000 Turkish lira, which is approximately 4.4 million to 6.6 million Iranian rial (using a conversion rate of 2,200 IRR per TRY). This rent range makes it ideal for those looking for reasonable housing costs, especially when compared to the high rents found in central areas like Taksim or Beşiktaş, which are much more expensive.
Two-Bedroom Apartment Rent: The rent for a two-bedroom apartment in Büyükçekmece generally falls between 3,000 and 4,500 Turkish lira per month, which is equivalent to 6.6 million to 9.9 million Iranian rial. This is still quite affordable compared to other parts of Istanbul, making it an attractive option for families or individuals needing more space.
Buying property in Buyukcekmece
Buying property in Büyükçekmece is significantly more affordable than in Istanbul’s central neighborhoods. On average, the cost of a 100-square-meter apartment in this area ranges from 600,000 to 900,000 Turkish lira, or 1.32 billion to 1.98 billion Iranian rial. With its lower prices, Büyükçekmece presents an attractive option for those looking to buy property in Istanbul.
Reasons for the Affordability of Büyükçekmece
The affordability of Büyükçekmece can be attributed to its geographical location. Situated in the suburbs of Istanbul, it is farther from the city center and major commercial and tourist areas like Taksim and Beşiktaş. Additionally, the district is still in the process of developing its infrastructure and urban amenities. While new residential projects are being constructed, it has not yet reached the same level of development seen in central areas, which helps keep the prices lower.
Living and Food Costs in Büyükçekmece
The cost of living in Büyükçekmece is generally lower than in the more central parts of Istanbul. For instance, a typical meal at a local restaurant in this area costs between 80 and 150 Turkish lira, which is approximately 170,000 to 330,000 Iranian rial. Additionally, food prices in supermarkets and local markets are more affordable compared to other neighborhoods. Public transportation costs are also reasonable, as Büyükçekmece is connected to bus and metro lines, making it easy to access other parts of the city.
Economic Features of Büyükçekmece
Büyükçekmece is an emerging area with growing population and increasing construction projects. While the economy of the district is still largely reliant on industry and agriculture, the rise of new residential developments and growing investments are positioning it to become an important and strategic residential area. Its proximity to the Sea of Marmara could also attract future investments in tourism and services, making it a potentially lucrative area for economic growth.
Who Is Büyükçekmece Suitable For?
Büyükçekmece is ideal for individuals seeking a more affordable lifestyle in Istanbul. With lower housing and living costs, it is perfect for families, young people, and anyone interested in renting or purchasing property in Istanbul. The district's green spaces and proximity to the sea also make it a great option for those who wish to live in a peaceful, less crowded environment, away from the hustle and bustle of the city. Investors looking for real estate opportunities can also benefit from the area’s growing development and potential for future returns.
With its lower housing prices, reasonable living costs, and access to both urban and natural amenities, Büyükçekmece is one of the best options for those seeking an affordable and peaceful lifestyle in Istanbul. It is also an attractive destination for real estate investors looking for affordable properties with potential for growth. As the area continues to develop, it is likely to become even more popular as both a residential and investment hub in Istanbul.
Esenyurt Neighborhood
Esenyurt, a district on the outskirts of Istanbul, is known for its affordable housing options compared to the central areas of the city. It has become a popular choice for those seeking budget-friendly living in Istanbul. In this district, housing costs, food prices, and daily living expenses are significantly lower than in the more central neighborhoods, making it an attractive option for families, young professionals, and immigrants.
Housing Costs in Esenyurt
One-Bedroom Apartment Rent: The monthly rent for a one-bedroom apartment in Esenyurt typically ranges from 300 to 600 USD, depending on the location and the amenities of the building. Apartments closer to major transportation hubs, such as Metrobus stations and bus lines, tend to be at the higher end of this range. Generally, the farther the apartment is from the E5 highway, the cheaper the rent.
Two-Bedroom Apartment Rent: Renting a two-bedroom apartment in Esenyurt costs between 500 and 800 USD per month. This price applies to apartments with a size of approximately 100 to 120 square meters. As with one-bedroom apartments, proximity to shopping centers and public transportation can influence rental prices, with more centrally located units being more expensive.
Property Purchase:
The cost of purchasing property in Esenyurt is also considerably lower than in central Istanbul. On average, the price for a property starts at around 50,000 to 150,000 USD, depending on the location, quality of construction, and the services provided within the building. Properties located closer to the E5 highway and Metrobus routes generally command higher prices.
Reasons for the Affordability of Esenyurt
Esenyurt’s affordability can be attributed to its geographical location on the outskirts of Istanbul, away from the central business and tourist areas. The district has a high population density and a significant amount of construction activity, which has driven down land and property prices. Additionally, the rapid development of infrastructure and the influx of residents have kept prices relatively low. Immigrants from other parts of Turkey, particularly from the east, contribute to the area’s growth without significantly increasing property prices.
Cost of Living in Esenyurt
Living in Esenyurt is considerably cheaper compared to the central parts of Istanbul. The cost of groceries and daily necessities, such as fruits, vegetables, dairy products, and meat, is lower than in other neighborhoods. Furthermore, affordable restaurants and cafes are common in the area, providing budget-friendly dining options for families and individuals. Public transportation costs are also very reasonable, with Esenyurt well-connected by Metrobus and bus lines, helping to reduce overall living expenses.
Economic Characteristics of Esenyurt
The economy of Esenyurt is primarily driven by the real estate sector. With affordable property prices, the area has become a hub for investments in property buying and selling. In recent years, there has been significant growth in property values, making it an attractive area for investors. Additionally, the commercial and service sectors have seen increased employment, contributing to the area’s economic development. With ongoing infrastructure projects and the continuous expansion of amenities, Esenyurt is becoming a popular destination for immigrants and foreign workers.
Who is Esenyurt Suitable For?
Esenyurt is an ideal choice for young families, individuals on a budget, students, and workers. The area’s low housing costs make it particularly appealing for middle-income families. Furthermore, its well-developed infrastructure, combined with affordable living expenses, makes Esenyurt a great option for students and young professionals working in Istanbul. The neighborhood is especially attractive to immigrants who are looking for an affordable and comfortable life in Istanbul. With a vibrant and growing community, Esenyurt offers a balanced lifestyle with access to urban amenities while keeping costs low.
Esenyurt, with its affordable housing, low living costs, and good access to transportation and amenities, is an excellent choice for those looking for a more budget-friendly life in Istanbul. Whether you’re a student, young professional, or family, Esenyurt offers affordable housing options and a good quality of life. Additionally, with its growing infrastructure and real estate market, it is an attractive area for investment opportunities, making it a great place for both residents and investors looking for a cost-effective and dynamic neighborhood in Istanbul.
Beylikdüzü Neighborhood
Beylikdüzü, located on the outskirts of Istanbul, is recognized for its modern housing options and relatively affordable living costs. Over the years, it has become a popular choice for families, young professionals, and students looking for a quieter and more affordable place to live while still having easy access to the city's amenities. This district offers a range of housing options, from rental apartments to property purchases, at prices much lower than the central areas of Istanbul.
Housing Costs in Beylikdüzü
One-Bedroom Apartment Rent: The rent for a one-bedroom apartment in Beylikdüzü typically ranges from 2,000 to 3,000 Turkish Lira per month. The price can vary based on the size of the apartment, the building’s amenities, and proximity to public transportation stations. These apartments are often equipped with modern heating and cooling systems, balconies, and shared facilities such as swimming pools, gyms, and children’s play areas. Beylikdüzü is especially attractive to families looking for a peaceful and modern living environment with good access to Metrobus and other public transport options.
Two-Bedroom Apartment Rent: Rent for a two-bedroom apartment in Beylikdüzü is generally between 3,000 and 4,000 Turkish Lira per month. These apartments are particularly well-suited for families who need more space. They typically feature two bathrooms, a fully equipped kitchen, and larger balconies to enjoy the outdoor environment. Shared facilities such as swimming pools, gyms, and playgrounds may also be available, depending on the building. The district is also well-connected to shopping malls, schools, and hospitals, making it an ideal location for families.
The cost of buying property in Beylikdüzü is relatively more affordable than in central Istanbul. On average, the price of a 100-square-meter apartment ranges between 640,000 and 800,000 Turkish Lira. Compared to other districts in Istanbul, these prices are about 30 to 60 percent lower, making Beylikdüzü a popular choice for real estate investment. The area offers modern amenities and excellent public transportation access, making it an attractive option for both homebuyers and investors.
Reasons for the Affordability of Beylikdüzü
Beylikdüzü is considered one of the more affordable areas of Istanbul due to its relatively recent development and urban growth. The district has seen significant population growth and urban investment, particularly in residential and commercial real estate projects. With fewer informal constructions and slums, Beylikdüzü maintains relatively low property prices. Additionally, its proximity to the Sea of Marmara and the availability of modern amenities, including large shopping centers and recreational areas, help to keep it affordable while offering a high standard of living.
Cost of Living in Beylikdüzü
Living costs in Beylikdüzü are generally lower than in the central parts of Istanbul. Daily expenses such as grocery shopping, dining out, and using public services are more affordable here. On average, a couple’s grocery expenses range between 250 to 500 Turkish Lira per month. Transportation costs, as well as utilities like electricity and water, are also lower compared to the city center, making Beylikdüzü a cost-effective place to live. Its good access to public transportation, especially Metrobus, further enhances its affordability for residents.
Economic Features of Beylikdüzü
Beylikdüzü is emerging as a strong economic hub within Istanbul. The growth of residential and commercial real estate projects, along with easy access to highways and Metrobus, has made the district an important economic center. Many businesses, both small and large, have established themselves in the area, contributing to job creation and economic growth. Additionally, the presence of universities and educational institutions in the region further strengthens the local economy and attracts a diverse range of people. Beylikdüzü’s growing infrastructure and investment opportunities make it an attractive destination for investors and entrepreneurs.
Who Is Beylikdüzü Suitable For?
Beylikdüzü is an excellent choice for families, young professionals, and students due to its modern environment and affordable living costs. The district offers a peaceful atmosphere while providing easy access to public transport, making it a practical option for those looking for a quieter life away from the hustle and bustle of central Istanbul. The affordable housing prices and lower cost of living make Beylikdüzü a great option for those seeking a modern home in Istanbul without breaking the bank. Moreover, its proximity to the coast, large shopping malls, and recreational facilities make it an attractive option for those seeking a balanced lifestyle.
Beylikdüzü stands out as one of Istanbul’s most affordable neighborhoods, offering modern housing, good access to amenities, and a lower cost of living compared to the central areas of the city. Whether you're looking to rent or buy property, Beylikdüzü provides attractive options for families, young professionals, students, and investors alike. With its ongoing development, excellent infrastructure, and proximity to Istanbul's urban and natural attractions, Beylikdüzü is becoming a popular destination for those seeking a comfortable and affordable life in Istanbul.
Sefaköy Neighborhood
Sefaköy, located on the outskirts of Istanbul, is recognized as one of the more affordable areas in the city. Known for its lower rental prices and cost-effective living, Sefaköy is a popular choice for young people, families, and those seeking more affordable housing options without sacrificing accessibility to Istanbul’s major areas. The neighborhood offers a variety of residential options, including both rental and purchase properties, at a fraction of the cost compared to more central districts of Istanbul.
Housing Costs in Sefaköy
One-Bedroom Apartment Rent: Rental prices for one-bedroom apartments in Sefaköy typically range between 3,000 and 4,500 Turkish Lira per month. These rates are considerably lower compared to more central neighborhoods in Istanbul. The relatively low prices are due to the smaller area of the neighborhood and its lower population density. Some buildings are older, and the area lacks luxury amenities, which further contributes to the affordable rent. Young professionals and families looking for budget-friendly options are drawn to Sefaköy for its practicality and lower living costs.
Two-Bedroom Apartment Rent: Rent for two-bedroom apartments in Sefaköy generally falls between 4,500 and 6,000 Turkish Lira per month. Given the larger space in these units, these prices offer good value for families seeking more room at an affordable cost. Sefaköy is located further from the city center, which contributes to its relatively lower rents. The neighborhood's limited access to modern amenities compared to more central areas makes it an appealing choice for those looking for an affordable, quieter living environment.
Property Purchase in Sefaköy:
The cost of purchasing property in Sefaköy is also quite affordable compared to other areas of Istanbul. For example, the average price for a 100-square-meter apartment typically ranges from 600,000 to 1,200,000 Turkish Lira. These prices are much lower than in more luxurious districts like Nişantaşı or Şişli, making Sefaköy an attractive choice for buyers and investors seeking lower property prices. Many immigrants and families choose Sefaköy for investment opportunities or as a place to settle due to its affordable pricing.
Reasons for the Affordability of Sefaköy
Sefaköy is one of Istanbul's more affordable neighborhoods largely due to its location on the outskirts of the city, away from the central urban areas. It is less developed than neighborhoods like Beşiktaş or Fatih, which results in lower property prices. The buildings in Sefaköy are often older, and the area does not feature the same luxury amenities as other neighborhoods. Additionally, the presence of many older buildings and a relatively low population density contribute to lower land and property prices in the region.
Cost of Living in Sefaköy
The cost of living in Sefaköy is significantly lower than in many central parts of Istanbul. Day-to-day expenses, such as groceries, dining out, and public services, are more affordable in this neighborhood. For example, a typical family with a budget of around 10,000 to 15,000 Turkish Lira per month can comfortably live in Sefaköy. The neighborhood is home to numerous chain stores, local markets, and inexpensive eateries that meet the everyday needs of residents. This accessibility to affordable goods and services is one of the key factors that makes Sefaköy an attractive option for those on a budget.
Economic Features of Sefaköy
Sefaköy’s economy is largely driven by smaller industries and local businesses. The area is home to factories, production workshops, and service-based businesses, which are a significant part of the local economy. Due to the lower land costs and easy access to a workforce, Sefaköy has become an appealing area for entrepreneurs and small businesses. Additionally, the proximity to several educational institutions and universities has attracted many families and young people looking to take advantage of job and educational opportunities in the region.
Who Is Sefaköy Suitable For?
Sefaköy is particularly suitable for families, students, and immigrants who are seeking affordable housing options with convenient access to urban amenities. The lower cost of living and housing in this neighborhood make it an ideal choice for people who want to live in Istanbul without the high prices found in more central districts. Additionally, Sefaköy offers easy access to public transportation, including Metrobus and bus lines, making it a good option for those who need to commute to work or study in other parts of Istanbul.
Sefaköy stands out as one of Istanbul's most affordable neighborhoods, offering lower rental and property prices along with a quieter living environment compared to the bustling city center. While the area may lack some of the luxury amenities found in more expensive parts of Istanbul, it compensates with a lower cost of living and a strong local community. Whether you're looking to rent or buy property, Sefaköy presents an excellent option for those seeking affordability without sacrificing access to Istanbul's key areas. With its growing economy, local businesses, and affordable housing, Sefaköy is becoming an increasingly attractive option for families, young professionals, and investors alike.
Zeytinburnu Neighborhood
Zeytinburnu is known as one of the more affordable districts in Istanbul. The rental costs for a one-bedroom apartment in this area typically range from 3,000 to 4,500 Turkish Lira. These prices are lower compared to many other parts of Istanbul, especially the central and western areas of the city. The affordable rental prices in Zeytinburnu can be attributed to its distance from the city's commercial center, limited access to certain luxury amenities, and lower population density. The neighborhood is an excellent option for young people, families, and students who are looking for affordable housing.
Renting a Two-Bedroom Apartment in Zeytinburnu, Istanbul
Renting a two-bedroom apartment in Zeytinburnu typically costs between 4,500 and 6,500 Turkish Lira. This is still lower than rental prices in many central areas of Istanbul. Factors such as lower population density, easy access to public transportation, and proximity to recreational centers all contribute to the lower rental prices in Zeytinburnu. Many families seeking more space to live consider this neighborhood an affordable option.
Buying Property in Zeytinburnu
Buying property in Zeytinburnu is also considered one of the most affordable options in Istanbul. The price of an apartment generally ranges between 600,000 and 1,200,000 Turkish Lira, depending on the building's age and its location. These prices are lower due to the neighborhood's geographical location and limited access to certain luxury and commercial amenities in the area. For those looking to invest in real estate at a lower cost, Zeytinburnu offers a suitable option.
Reasons for the Affordability of Zeytinburnu
Zeytinburnu is considered an affordable neighborhood primarily due to its distance from Istanbul's city center and lower population density. Additionally, the area lacks some luxury and commercial facilities, such as large shopping malls and trendy restaurants, which keeps real estate prices lower. The older structure of some parts of Zeytinburnu further contributes to its affordability. All of these factors make Zeytinburnu one of the cheaper neighborhoods in Istanbul.
Cost of Living and Food in Zeytinburnu, Istanbul
The cost of living and food in Zeytinburnu is generally lower than in many other areas of Istanbul. Grocery prices, restaurant meals, and public services in this district are cheaper compared to more expensive areas. With numerous chain stores and local markets, living in Zeytinburnu is more affordable. A typical family can live comfortably with a monthly budget of 10,000 to 15,000 Turkish Lira. These features make Zeytinburnu an attractive choice for families and individuals seeking a budget-friendly environment.
Economic Features of Zeytinburnu
Zeytinburnu is known as one of Istanbul's industrial and commercial areas. The district hosts numerous factories, workshops, and various stores. Leather manufacturing and the textile industry are prominent in Zeytinburnu, which contributes to the district's economic activity. Additionally, many local markets and shops boost the area's economy. These economic features make Zeytinburnu a commercially appealing area for entrepreneurs and business owners.
Ideal for Which Demographics?
Zeytinburnu is well-suited for families, students, and immigrants looking for affordable accommodation in Istanbul. With its low property prices, affordable living costs, and convenient access to public transportation, the area is an ideal place to live for those seeking a peaceful environment. Additionally, the neighborhood's proximity to commercial centers and educational services makes it a great choice for young people and students.
Kartal Neighborhood
Kartal is another affordable neighborhood in Istanbul, largely due to its greater distance from the city center. Renting a one-bedroom apartment in this area typically costs between 3,500 and 5,000 Turkish Lira. These prices are significantly lower compared to central districts of Istanbul. Kartal’s more affordable prices are also a result of its less-developed commercial and tourism infrastructure. The district is an attractive option for young people and families seeking an affordable place to live, with the added benefit of being close to the coast and green spaces.
Renting a Two-Bedroom Apartment in Kartal, Istanbul
The rental cost for a two-bedroom apartment in Kartal usually ranges from 5,000 to 7,000 Turkish Lira. These prices remain lower compared to many other neighborhoods in Istanbul. Kartal's larger living spaces and availability of essential services make it an appealing option for families. Moreover, the neighborhood's easy access to public transportation, including metro, buses, and ferries, makes it particularly convenient for families seeking comfort in commuting.
Kartal offers some of the most affordable property prices in Istanbul. The cost of purchasing an apartment typically ranges from 700,000 to 1,500,000 Turkish Lira, depending on the apartment's location and quality. These prices are much lower when compared to more central districts of Istanbul, such as Şişli or Beşiktaş. Investing in property in Kartal can be a financially sound choice, particularly for those looking to buy real estate at a lower cost.
Reasons for the Affordability of Kartal
Kartal is affordable mainly due to its distance from Istanbul’s city center. Compared to more popular and central neighborhoods, Kartal is less developed and lacks some of the luxury amenities and commercial facilities that typically drive up prices. Additionally, the district has a lower population density and limited urban development in certain parts, which has kept real estate prices more affordable. These factors make Kartal one of the most affordable neighborhoods to live in Istanbul.
Cost of Living and Food in Kartal, Istanbul
The cost of living in Kartal is generally lower than in other districts of Istanbul. Food prices, restaurant meals, and public services are less expensive than in places like Beşiktaş or Beyoğlu. For instance, a meal at a local restaurant in Kartal typically costs between 30 to 50 Turkish Lira, which is about half the price in more upscale neighborhoods. This makes Kartal an affordable and practical option for residents.
Economic Features of Kartal
Kartal is home to a variety of industries and manufacturing facilities, making it a dynamic economic zone. Many industrial and commercial companies have set up in the area, contributing to its economic development. The proximity to the sea and excellent transportation links have also boosted trade and economic activity in Kartal. These economic features make it an attractive area for entrepreneurs and individuals looking for job opportunities.
Ideal for Which Demographics?
Kartal is an excellent choice for families, young people, students, and immigrants due to its affordable housing and living costs. The area offers ample job opportunities, access to public transportation, and plenty of green spaces. It is particularly well-suited for people who are seeking a more affordable and tranquil living environment while still being within reach of Istanbul's commercial and cultural hubs. These features make Kartal a great option for a wide range of residents looking to live in Istanbul.
Maltepe Neighborhood
Maltepe is one of the more affordable districts in Istanbul due to its distance from the city center and limited access to certain urban services. Rent for a one-bedroom apartment in Maltepe typically ranges from 3,500 to 5,000 Turkish Lira. These prices are lower compared to many other neighborhoods in Istanbul, primarily due to its geographical location, which is farther from the city center. Despite this, Maltepe remains an attractive area for those seeking a peaceful environment with a good view of the Sea of Marmara. Furthermore, the area offers essential amenities such as schools, hospitals, and recreational spaces, making it an excellent choice for families.
Rent for a Two-Bedroom Apartment in Maltepe, Istanbul
The rent for a two-bedroom apartment in Maltepe typically ranges between 5,000 and 7,000 Turkish Lira. These prices are still more affordable than many central areas of Istanbul. Maltepe is highly suitable for families looking for a larger living space and easy access to nature. Additionally, its proximity to the sea and local parks makes it an ideal location for families who enjoy both urban amenities and green spaces.
Buying Property in Maltepe, Istanbul
The price of buying property in Maltepe is generally more affordable than in many other districts of Istanbul. Depending on the location and quality of the building, the price for an apartment typically ranges from 800,000 to 1,500,000 Turkish Lira. These prices are much lower compared to areas like Şişli or Beşiktaş. Maltepe, offering larger properties at more affordable prices, is an excellent option for those looking to purchase real estate in Istanbul at a lower cost. These features make Maltepe a desirable area for both investors and those seeking a calm, family-friendly environment.
Reasons for the Affordability of Maltepe
Maltepe's affordability is primarily due to its distance from the city center and its relatively lower development compared to other neighborhoods in Istanbul. The district has less population density, which results in lower housing prices. Additionally, while it is close to the sea and large parks, the area's development has not yet reached its full potential, making it more affordable for both property buyers and renters.
Cost of Living and Food in Maltepe, Istanbul
The cost of living in Maltepe is relatively low due to its affordable housing prices. Daily expenses, such as food, transportation, and public services, are cheaper than in many other areas of Istanbul. A meal in a local restaurant typically costs between 30 to 50 Turkish Lira, making it an affordable choice for families. Furthermore, the proximity to local markets and supermarkets helps keep food costs lower than in other more popular areas of Istanbul, adding to the appeal of living in this district.
Economic Features of Maltepe
Maltepe, known for its peaceful atmosphere and beautiful natural surroundings, offers a favorable environment for small, local businesses. The area’s location near the sea provides excellent opportunities for businesses seeking a tranquil and cost-effective setting. Additionally, the presence of large parks and multiple shopping centers creates job opportunities for local residents. The affordable cost of living and housing further makes Maltepe an attractive location for entrepreneurs and those looking to establish a business or invest.
Who is Maltepe Suitable For?
Maltepe is an ideal area for families, young couples, and retirees due to its affordable housing and living costs. It offers a peaceful environment, suitable amenities, and a great atmosphere for family life. The proximity to nature, green spaces, and essential urban services, as well as its excellent public transportation connections, make it an attractive option for both residents and visitors. Additionally, Maltepe is a great place for those looking to invest in property at a reasonable price.
Pendik Neighborhood
Pendik, located on the Asian side of Istanbul, is another more affordable district. Rent for a one-bedroom apartment in Pendik typically ranges from 4,000 to 6,000 Turkish Lira. These prices are lower due to the district’s relative distance from the city center and fewer available amenities compared to central areas of Istanbul. Despite this, Pendik offers good access to the metro and public transportation network, making it convenient for people working in the city center who need quick access to urban services. The area’s proximity to the sea and natural parks also adds to its appeal, particularly for families.
Rent for a Two-Bedroom Apartment in Pendik, Istanbul
Rent for a two-bedroom apartment in Pendik usually ranges between 6,000 and 8,000 Turkish Lira. These prices remain lower compared to many other districts in Istanbul. Pendik is an excellent choice for families due to its green spaces, proximity to the Sea of Marmara, and access to various amenities like schools, hospitals, and shopping centers. Furthermore, the natural parks and open spaces in Pendik make it an ideal location for families who are looking for a peaceful and affordable living environment.
Buying Property in Pendik, Istanbul
Property prices in Pendik are generally more affordable than in many other Istanbul districts. Depending on the location and type of the building, the price of purchasing an apartment typically ranges from 1,200,000 to 2,500,000 Turkish Lira. Compared to areas like Beşiktaş or Şişli, these prices are much lower. Pendik, offering larger properties at affordable prices, is an ideal choice for people looking to buy property in Istanbul at a more reasonable cost. These attributes make Pendik a popular destination for both investors and families seeking affordable properties.
Reasons for the Affordability of Pendik
Pendik’s lower housing prices can be attributed to its location on the Asian side of Istanbul, where property prices tend to be more affordable than in the European part of the city. The district’s distance from the city center and fewer amenities compared to central areas contribute to its lower housing costs. Despite the distance, Pendik is well-connected to Istanbul’s public transportation network, reducing the impact of this geographical gap on the overall cost of living.
Cost of Living and Food in Pendik, Istanbul
The cost of living in Pendik is relatively low due to its affordable housing market. Daily living expenses, such as food, transportation, and public services, are cheaper than in many central districts of Istanbul. A meal at a local restaurant in Pendik typically costs between 30 and 50 Turkish Lira, which is considered affordable for a family. Additionally, food costs are kept low due to the presence of local supermarkets and shops. Public transportation costs are also relatively low, making Pendik an economically attractive place to live.
Economic Features of Pendik
Pendik is a dynamic economic area with many industrial and manufacturing businesses. The district is home to numerous factories and production workshops, making it a great place for job seekers and investors. The apparel, leather, and light manufacturing industries are prominent in Pendik, contributing significantly to its economy. The area’s numerous local markets and shops further enhance its economic activity. These economic characteristics make Pendik an ideal location for entrepreneurs and investors seeking low living costs and good job opportunities.
Who is Pendik Suitable For?
Pendik is an ideal place for families, young couples, and retirees due to its low housing and living costs. The district offers abundant green spaces, access to the Sea of Marmara, and a peaceful environment, making it a great place for family life. Furthermore, Pendik is perfect for individuals looking to buy property at an affordable price and invest in Istanbul. Its excellent public transportation connections and access to urban services further enhance the area’s appeal, making it an excellent choice for those seeking tranquility and family-oriented living.
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