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The real estate sector in Istanbul is quite dynamic in the sense that you can find practically anything you’re looking for; whether it be an apartment in the city center, a seafront villa, or a townhouse inside a gated community.
However, properties in Istanbul are typically quite pricey as the city is the thriving business hub of Turkey and is the recipient of the highest number of tourists in the country. If you are someone searching for a 2-bedroom flat for sale in Istanbul on a budget, this blog has you covered.
While the hunting process for such a property might seem intimidating, this blog will equip you with all the tips you need to be successful in your search. So without further ado, let’s get started.
Create a Budget For Your Purchase
You can begin by deciding what your budget is going to be before you start searching. This will help you narrow down your search by price points.
You can use platforms such as Sahibinden to look up different options and use your determined budget to see what’s available.
Get a Real Estate Agent to Collaborate with You
While it is essential for you to be proactive and do your research, getting a real estate agent to assist you makes things a lot more manageable as they bring to the table decades of experience in the Istanbul real estate sector.
You can share your predetermined budget with them and mention all your requirements to them so they can offer you the perfect options.
Not to mention, they can create a lineup of property viewings for you and help negotiate your sale as well.
Explore Affordable Areas
While Istanbul might be an expensive city, there are still a plethora of districts where you can find budget-friendly 2-bedroom flat options. All the areas we mention in this list are the most popular among homebuyers and have received massive attention from foreign investors.
Here are a few districts you should be looking into.
Beylikduzu
Beylikduzu, located on the European side, is known for its affordable housing options. It may not be in the city center but this district is also filled with green spaces and has some of the best entertainment facilities.
Esenyurt
Esenyurt which is also located on the European side has various newly built apartment complexes where you can find 2-bedroom flat options. This area also has Metrobus facilities, allowing for convenient travel throughout the city. However, just like Beylikduzu, Esenyurt is far from the city center.
Bagcilar
Bagcilar sits on the European side and is a vibrant district brimming with affordable apartment options. This district has access to both train and tram lines, which help connect it to business districts such as Sisli, and Levent as well as parts of the old city such as Eminonu, the Grand Bazaar, etc.
This area, in general, is quite affordable and is perfect for those who wish to live on a budget.
Pendik
Pendik on the Asian side is great for those searching for a serene coastal lifestyle for cheap. The area is highly developed and has a robust infrastructure. It is also located close to the Sabiha Gokcen Airport and is linked to the Marmaray Line that connects it to areas such as Bakirkoy, and Atakoy on the European side.
Sultanbeyli
Sultanbeyli is a great district to look into for affordable 2-bedroom flats for sale in Istanbul as this area is a peaceful, suburban location with ample options for flat buyers to look into.
This area has been significantly developed and now offers a strong infrastructure with all the amenities one needs while also being filled with green spaces and parks.
Buyukcekmece
Buyukcekemece is another scenic part of Istanbul that is in high demand, especially among investors looking for family-friendly homes as the district offers the best parts of urban living while being detached from the bustle and noise of the city center and offering a slow, and peaceful lifestyle.
This area has wide streets, modern apartment complexes, and a plethora of parks while many properties here enjoy lake and sea views.
Pay Attention to the Location
After you decide on the ideal area, you should look into the location of the flat and ensure that it is not located near noisy highways.
Spend some time looking around to understand the vibe of the location and ensure there are no hidden flaws that will become obvious post-purchase.
See if the area fits perfectly with your lifestyle and that the flat has all the amenities you need close to it.
Area Development
Check out the infrastructure of the area to see what facilities are available, and whether it is linked to various transport facilities, highways, airports, etc.
In addition to existing infrastructure, ongoing developmental projects typically result in the price appreciation of the local properties, in turn making the area more valuable.
Explore the Potential of the Property
This step is essential in determining the value of your investment. If you wish to put up your 2-bedroom flat on rent, you should try to check out the demand for rental properties in that district.
And, if you wish to resell the property in the future, ask your agent about the resale value of the property.
Check the Quality
This step must not be overlooked. Paying attention to the building quality and the finishing of the flat is essential before you commit to buying it. Find out the exact age of the building.
Additionally, make sure the building isn’t too old as many affordable flat options are located in older buildings that require repairs. This upkeep can often become a massive financial burden.
A Detailed Inspection
Don’t settle before you run a detailed check of the whole flat. Ensure the wiring has nothing wrong with it and the plumbing is flawless. Make sure all the taps work and check the water pressure in the shower as well.
Talk to the seller directly and ask all the questions you have in mind.
Let Us Help You In Your Hunt
As a real estate company, we have access to properties in every part of Istanbul and have projects fit for every budget. We can help you in your pursuit of finding the perfect home in Istanbul.
You can contact us today and get in touch with our team to receive top-notch assistance from our multi-lingual agents.
