Buying a House in Beşiktaş

Introduction to Beşiktaş and Its Sections on the Map

Beşiktaş is located on the western side of Istanbul, along the Bosphorus Strait. This district borders Sarıyer and Şişli to the north, reaches Nişantaşı and Şişli to the east, and shares boundaries with Ortaköy and Kuruçeşme to the west. Beşiktaş's central location in Istanbul provides excellent access to other neighborhoods and urban attractions.

Central Beşiktaş (Büyük Beşiktaş)

This area is the heart of Beşiktaş, where most commercial and social activities are concentrated. The busy and vibrant streets here are lined with restaurants, cafes, and luxury shops. Located near Beşiktaş Square (Beşiktaş Meydanı), this section also boasts excellent public transportation that allows easy access to other parts of Istanbul.

Western Beşiktaş (Kuruçeşme)

The western part of Beşiktaş is particularly known for its stunning views of the Bosphorus. This area is home to many luxurious villas and upscale apartments that offer beautiful vistas of the Bosphorus. With a quieter and less crowded atmosphere than Central Beşiktaş, this area is ideal for those seeking a peaceful and luxurious living environment.

Eastern Beşiktaş (Levent)

The eastern section of Beşiktaş is primarily a commercial area, hosting tall buildings and office centers. Alongside residential and commercial neighborhoods, this area is also known for its excellent access to highways and public transportation. While mainly recognized for business, it still offers suitable living and recreational facilities for residents.

Southern Beşiktaş (Ulus)

Situated in the south of Beşiktaş, this area is known for its natural beauty and tranquility. Ulus features many cultural attractions and a mix of traditional and modern houses. This section also has several green spaces and parks, making it a suitable destination for families.

Northern Beşiktaş (Beşiktaş Yokuşu)

This area, particularly known for its steep slopes, is a historic part of Beşiktaş. Many old and small houses are located here, alongside newer spaces with modern designs under construction. Due to its unique geographical position, this area offers breathtaking views of the surroundings and the Bosphorus.

Population and Distribution in Beşiktaş

Beşiktaş, a central district of Istanbul, has a population of approximately 200,000. The male and female populations are roughly equal, with men accounting for about 48% and women 52%. In terms of age distribution, the majority of Beşiktaş’s residents are adults and middle-aged individuals, particularly in the 18-65 age group, which makes up about 75% of the population. A smaller portion, around 15%, is under 18, reflecting the presence of young families and children in the area. Additionally, individuals over 65 constitute about 10% of the population, representing a smaller segment overall. This diverse demographic composition highlights the district's appeal to families, working professionals, and students alike.

Area and Urban Composition of Beşiktaş

Beşiktaş spans an area of 19 square kilometers and features a mix of various urban landscapes. Approximately 65% of the district consists of modern and densely populated urban areas, including commercial and residential neighborhoods. About 15% comprises historic areas, visible in neighborhoods like Ulus and Beşiktaş. In the north and west of Beşiktaş, around 10% of the district is green space and forest, including parks and natural areas like Yıldız Park. Additionally, 10% of the district consists of coastal areas along the Bosphorus Strait, including neighborhoods like Kuruçeşme and Bebek. This diverse mix of urban, historic, green, and coastal landscapes makes Beşiktaş an attractive and unique district.

Property Prices in Beşiktaş

Property prices in Beşiktaş are among the highest in Istanbul due to its prime location, cultural appeal, and easy access to various amenities. This area, which combines luxury and historic neighborhoods, can generally be divided into the following categories for property purchase:

Average Residential Areas: In neighborhoods like Beşiktaş Merkez, property prices range between 15,000 and 20,000 Turkish Liras per square meter on average. These areas are popular due to their proximity to public transportation, schools, and commercial centers.

Luxury and Coastal Areas: In neighborhoods such as Bebek, Kuruçeşme, and Ortaköy, known for their Bosphorus-side location and exclusive amenities, prices are significantly higher. Here, prices per square meter can start at 25,000 TL and go up to 40,000 TL, especially for luxury villas and apartments with coastal views.

Historic and Traditional Areas:‌In neighborhoods like Ulus and Etiler, which feature a blend of historic and modern architecture, prices typically range between 20,000 and 25,000 TL per square meter. These areas attract buyers due to their unique historical and cultural atmosphere.

Property Rental Costs: Rental prices in Beşiktaş are also very high. For a 1+1 apartment in central neighborhoods of Beşiktaş, monthly rents typically range from 15,000 to 25,000 TL. In luxury and coastal areas such as Bebek and Kuruçeşme, monthly rents can reach up to 40,000 TL.

Comparison of Property Prices in Beşiktaş and Surrounding Areas

Neighborhoods adjacent to Beşiktaş include Şişli, Kağıthane, Büyükçekmece, Sarıyer, and Kartal, all of which are geographically close and provide easy access to public transport, commercial hubs, and urban amenities.

Şişli: Located west of Beşiktaş, this area generally has similar prices and, in some specific neighborhoods, slightly higher rates. Property prices in Şişli typically range from 12,000 to 25,000 TL per square meter.

Kağıthane: Situated northeast of Beşiktaş, Kağıthane is undergoing rapid urban development and project growth, with property prices ranging between 10,000 and 15,000 TL per square meter. It is slightly cheaper than Beşiktaş but remains popular due to its proximity to commercial centers and public transportation.

Büyükçekmece: Located north of Beşiktaş, this area offers a quieter residential environment with green spaces. Property prices are slightly lower, ranging from 8,000 to 12,000 TL per square meter.

Sarıyer: Known for its natural scenery and luxury properties, Sarıyer is situated north of Beşiktaş. Prices here are generally higher, ranging from 15,000 to 30,000 TL per square meter.

Kartal: Located southeast of Beşiktaş, Kartal is a more affordable area, with property prices typically between 7,000 and 12,000 TL per square meter.

Advantages of Buying Property in Beşiktaş and Future Growth Predictions

Buying property in Beşiktaş is considered attractive not only because of its excellent location but also due to the significant price increases in recent years.

Property Price Growth in Recent Years:‌Over the past five years, property prices in Beşiktaş have increased annually by an average of 10–15%. For instance, in 2019, residential property prices per square meter ranged from 7,500 to 8,500 TL. By 2023, these prices had risen to 13,000–15,000 TL per square meter, reflecting a 50–60% increase over this period.

Future Price Growth Predictions: According to real estate market experts, property prices in Beşiktaş will continue to rise in the coming years due to high demand, ongoing infrastructure projects, and the strategic location of the area. Prices are expected to grow by an additional 10–12% on average in 2024 and 2025. These predictions are bolstered by new metro projects, improved accessibility, and the development of commercial zones in Beşiktaş.

Comparison with Other Istanbul Districts: Beşiktaş has experienced higher property price growth compared to similar areas in Istanbul. For example, during the same five-year period, property prices in neighboring districts such as Şişli and Maslak increased by an average of 30–40%, which is lower than Beşiktaş. This difference is primarily due to Beşiktaş’s central location, proximity to the Bosphorus, superior amenities, and ongoing commercial and residential projects.

Long-Term Investment Opportunities: With steady growth and high demand, buying property in Beşiktaş is a smart choice for long-term investment. Experts believe that in the near future, Beşiktaş will become one of the areas with the highest return on investment in Istanbul.

Infrastructure and Amenities in Beşiktaş

Public Transportation: Beşiktaş, due to its central location, has excellent access to public transportation. For example, metro stations such as Beşiktaş Metro and Kozlu Metro provide quick access to other parts of Istanbul. Additionally, Beşiktaş has ferry stations like Beşiktaş Ferry Station, which transports passengers by sea to various parts of the city. Moreover, the region is well-connected with numerous bus lines, making it easy for residents and visitors to access any part of Istanbul.

Educational and Cultural Amenities: Beşiktaş is one of Istanbul's key educational hubs. Beşiktaş University and Istanbul Technical University are among the prestigious educational institutions in the area. Furthermore, Beşiktaş hosts several museums and art galleries, such as the Beşiktaş Museum and the Istanbul Fine Arts Gallery. The area is also known as a cultural center, with many theaters and concert halls.

Commercial and Shopping Centers: Beşiktaş offers a variety of shopping options, including renowned malls like Cevahir Mall and Zorlu Center. Additionally, local markets such as Beşiktaş Market and Yıldız Market serve as convenient spots for residents to shop for daily needs. The area is also popular for its branded stores and fashion boutiques, making it one of the top shopping destinations in Istanbul.

Medical and Healthcare Facilities: Beşiktaş is home to reputable hospitals such as Beşiktaş Private Hospital and Beşiktaş State Hospital, offering high-quality medical services to residents and visitors. In addition, there are numerous clinics and pharmacies operating around the clock to provide healthcare. For example, Beşiktaş Specialty Clinic is one of the prominent medical centers in the region.

Green Spaces and Recreational Areas: Beşiktaş is an ideal place for relaxation and recreation, thanks to its many parks and green spaces. One of the most famous parks in the area is Yıldız Park, which offers wide walking paths, sports fields, and play areas for children. Moreover, Makedeni Park is another popular green space in Beşiktaş, providing a calm and relaxing atmosphere for walking and leisure.

Restaurants and Cafes: Beşiktaş is known for its diverse range of restaurants and cafes, making it an ideal place for food and drink lovers. For example, Nusret, a famous restaurant in Beşiktaş, is known for its quality food and excellent service. Additionally, there are many cafes like Yıldız Café and BB Café, which provide cozy spaces for relaxation and friendly gatherings.

Summary

Beşiktaş is one of the most attractive and strategic neighborhoods in Istanbul, located beside the Bosphorus Strait in the heart of the European side of the city. Thanks to its excellent access to other key neighborhoods like Taksim and Şişli, as well as its commercial, cultural, and recreational centers, it is one of the best choices for living and buying property. Beşiktaş offers a blend of history and modernity, and besides its beautiful landscapes and green spaces such as Yıldız Park and other natural attractions, it is an ideal place for living.

The neighborhood is divided into five sub-regions: the central, western (Kuruçeşme), eastern (Levent), southern (Ulus), and northern (Beşiktaş Yokuşu) parts. Each area has its own unique features, such as stunning views of the Bosphorus in the western sections and peaceful green spaces in the southern parts. Beşiktaş is home to a diverse population, mostly consisting of middle-aged and adult residents.

Property Prices: Beşiktaş is one of the most expensive areas in Istanbul. Property prices in upscale neighborhoods like Bebek and Kuruçeşme are significantly higher than in other areas, while historic neighborhoods like Ulus have moderate prices. It is expected that property prices will continue to rise in the future due to high demand and ongoing urban development projects.

Frequently Asked Questions