Buying a House in Tarabya

Introduction to the Location of Tarabya, Turkey, and Its Sections on the Map

Tarabya (Tarabya) is one of the most beautiful and luxurious districts in the northern part of Istanbul, situated on the European side of the city near the shores of the Bosphorus Strait. Known for its stunning views, extensive green spaces, and luxurious residential and recreational facilities, Tarabya is one of the most attractive areas for living and investment in Istanbul. Its strategic geographical location ensures easy access to neighboring areas such as Sarıyer, Maslak, and even the city center.

Central Tarabya (Merkez Tarabya): This area forms the heart of Tarabya, where most commercial activities, renowned restaurants, and cafes are concentrated. Its vibrant streets, local markets, and small parks make it an ideal destination for spending quality time with family.

Coastal Tarabya (Sahil Tarabya):Located along the Bosphorus, this area is famous for its breathtaking sea views and charming docks. Renowned seafood restaurants make Coastal Tarabya a favorite spot for seafood lovers. Luxurious homes and seaside villas are distinctive features of this part of the district.

Northern Tarabya (Kuzey Tarabya): The northern section of Tarabya is home to modern residential areas and large villas. This peaceful region, away from the bustling center of Tarabya, is ideal for families or individuals seeking a tranquil living environment. Its proximity to green spaces and the Belgrad Forest is an added advantage.

Western Tarabya (Batı Tarabya): This part of Tarabya is known for its convenient access to highways and commercial hubs such as Maslak. It is a mix of residential and commercial areas, offering various amenities for both residents and workers in the region.

Eastern Tarabya (Doğu Tarabya): Eastern Tarabya features a mix of traditional Turkish homes and modern buildings. Preserving its historical character, this area is a perfect choice for those who wish to live in neighborhoods with cultural heritage.

Population and Distribution in Tarabya

Tarabya is one of Istanbul's luxurious and pleasant neighborhoods, with a population of approximately 75,000. The area's demographic composition reflects a mix of families, professionals, and retirees.

Gender Distribution: Around 49% male and 51% female, indicating a balanced presence of both groups.

Under 18 Years: About 20% of the population consists of children and teenagers, reflecting the presence of young families.

18 to 65 Years: The largest demographic group, comprising around 65%, consists of working adults, contributing significantly to Tarabya's social and economic vitality.

Above 65 Years: Approximately 15% are elderly residents, many of whom have chosen Tarabya for its tranquility and excellent amenities during their retirement.

Area and Urban Composition of Tarabya

With an approximate area of 12 square kilometers, Tarabya offers a unique blend of diverse urban and natural landscapes, making it one of Istanbul's most distinctive regions.

Green and Forest Areas (30%): Thanks to its proximity to forested areas like Belgrad and the presence of multiple parks, around 30% of Tarabya's area is dedicated to green and forested spaces, providing a serene and natural environment for residents and visitors.

Urban Fabric (40%): Approximately 40% of Tarabya consists of modern urban structures, including residential complexes, luxury housing, shopping centers, and service facilities catering to daily living needs.

Coastline and Bosphorus (20%): The beautiful coastline of Tarabya along the Bosphorus accounts for 20% of the area's surface. This section includes docks, seaside restaurants, and walking paths with mesmerizing Bosphorus views.

Historic Fabric (10%): About 10% of Tarabya retains its historic charm, featuring streets and traditional Ottoman-style homes that reflect the area's rich past.

Property Prices in Tarabya

Tarabya, located on the European side of Istanbul, is renowned for its pleasant climate, stunning natural surroundings, and excellent amenities. It is a sought-after area for property buyers and investors. Property prices in Tarabya vary depending on the location and type of property, categorized as follows:

Average Residential Areas: In parts of Tarabya with modern yet balanced residential areas, the average property price ranges between 18,000 and 22,000 TRY per square meter. These areas are ideal for families and individuals seeking a peaceful environment with convenient access to public transportation and amenities.

Historic and Old Districts: In the historic neighborhoods of Tarabya, where traditional architecture and cultural charm have been preserved, property prices typically range from 20,000 to 25,000 TRY per square meter. These areas are attractive to those who appreciate living in a culturally rich and nostalgic setting.

Luxury and Coastal Areas: In neighborhoods overlooking the Bosphorus and coastal areas, such as those near the strait, property prices are significantly higher. Luxurious villas and apartments with Bosphorus views are priced between 30,000 and 50,000 TRY per square meter. These areas are ideal for luxury living and high-end investments, offering exceptional amenities, tranquility, and stunning Bosphorus views.

Rental Prices: Rental prices in Tarabya also vary depending on the property’s location and type:

• For small apartments (1+1) in average residential areas, monthly rents range between 12,000 and 20,000 TRY.
• In luxury and coastal areas, rents can reach 40,000 TRY or more per month.

Comparison of Property Prices in Tarabya and Neighboring Areas

Tarabya is situated on the European side of Istanbul, near the Bosphorus, and shares borders with areas such as Sarıyer, İstinye, Maslak, and Zekeriyaköy. Property prices in these areas vary based on their location, amenities, and unique features:

Sarıyer: Known for its natural beauty and luxurious properties, prices range from 15,000 to 30,000 TRY per square meter, comparable to Tarabya.

İstinye: A luxurious area close to commercial hubs, property prices here are generally higher, ranging from 20,000 to 35,000 TRY per square meter, partly due to its proximity to shopping centers like İstinye Park.

Maslak: A commercial and business center, property prices range from 15,000 to 25,000 TRY per square meter. While ideal for investment, it is less appealing for residential purposes compared to Tarabya.

Zekeriyaköy: Known for its greenery and tranquility, property prices are lower, ranging from 10,000 to 18,000 TRY per square meter, making it suitable for those seeking a peaceful environment away from urban noise.

Advantages of Buying Property in Tarabya, Price Growth, and Future Predictions

Tarabya is a prime choice for investment due to its exceptional location, unspoiled nature, and access to urban amenities. Below is an analysis of property price growth in recent years and future projections:

Price Growth in Recent Years

• 2019: Property prices ranged between 7,000 and 9,000 TRY per square meter.
• 2023: Prices increased to 14,000 to 18,000 TRY per square meter, reflecting a growth of approximately 80–90% within this period.
• 2024–2025: With new construction projects, improved transport infrastructure, and high demand for luxury properties, prices are expected to grow by 10–12% annually. By 2025, prices are projected to reach 16,000 to 20,000 TRY per square meter.
• Next 5 Years: Experts predict a 50–60% growth in property prices over the next five years, with prices potentially reaching 22,000 to 26,000 TRY per square meter by 2030.

Infrastructure and Amenities in Tarabya

Public Transportation: Tarabya’s prime location near the Bosphorus offers excellent public transportation options. Nearby metro stations, such as Ataköy and Sarıyer, provide quick access to other parts of Istanbul. Ferry terminals in Tarabya allow convenient sea travel, while numerous bus lines and major highways ensure easy connectivity to the entire city.

Educational and Cultural Facilities: Tarabya boasts excellent educational and cultural amenities. Its proximity to prestigious universities like Boğaziçi University and international schools makes it ideal for families and international students. Additionally, Tarabya hosts art galleries, theaters, and cultural spaces, enhancing its appeal as a cultural hub in Istanbul.

Conclusion

With its unique location alongside the Bosphorus, Tarabya is one of Istanbul’s most desirable neighborhoods for property purchases. Combining natural beauty, high-end amenities, proximity to educational and cultural institutions, and excellent public transportation, Tarabya offers an ideal environment for living and investment.

Although property prices in Tarabya are higher than in some other Istanbul districts, its unparalleled views, security, and long-term investment potential make it an excellent choice for buyers seeking quality and value.