By Justin Mays
Anyone wanting a waterfront lifestyle while staying central,
with the potential for sizeable returns when buying investment property in
Istanbul, would do well to look in Zeytinburnu. Today’s blog tells you all
there is to know about Zeytinburnu and how life is by the Marmara Sea.
The Location
At the heart of Istanbul on the Marmara Sea, Zeytinburnu is
rapidly transforming. It is reinventing itself from a working-class industrial
neighborhood to one with modern shorefront properties adjacent to ancient city
walls, fortresses and smart shopping malls.
Districts in Zeytinburnu
In total, Zeytinburnu has 31 districts. These are:
- Beştelsiz
- Gökalp
- Maltepe
- Nuripaşa
- Sümer
- Veliefendi
- Yeşiltepe
- Çırpıcı
- Kazlıçeşme
- Merkezefendi
- Seyitnizam
- Telsiz
- Yenidoğan district
The largest one out of all the above districts is Maltepe,
while the smallest surface-wise is Telsiz. In addition, this area also has some
interesting and historical locations. The Merkezefendi district has the
Panorama 1453 History Museum, and Merkezefendi Stadium.
On the other hand, the Beştelsiz district has the Olivium Outlet Centre, which tourists from many countries frequently visit.
Lifestyle & Amenities
The real estate value of the districts of Zeytinburnu has
been rising due to the multiple new residential seaside projects, and the
attractive lifestyle they offer makes this a top spot for Istanbul real estate
investment.
The new projects are modern and have communal facilities
like swimming pools, gyms shared gardens, and playgrounds. Ample parking and
security round out some of the benefits of these high-quality residential
complexes.
Investment in Zeytinburnu
As Istanbul officials redistricted commercial space and
factories to the outskirts of the city centre, space was freed up in
Zeytinburnu, revamping the area with luxury developments where commercial real
estate and factories once existed. Due to the competitive short-term returns on
investment compared to other districts, investors have run to buy here.
Zeytinburnu: Area Demographics
The neighborhood is a good mix of foreigners seeking Turkish
citizenship by buying property and locals. New people are contributing to the
transformation of the neighborhood bringing new potential and life to this
former commercial zone.
Transportation Facilities
To integrate the district with the rest of Istanbul, public
money has improved transportation options with trams and metro lines with
proximity to the intercity bus station and ferry terminals taking you to Bursa
and Yalova as a bonus. The Eurasia car Tunnel links this area with a quick
drive to the Asian side.
Other vital projects have improved the transportation, life
quality, and social and economic potential of the district, like the
rejuvenation of the coastal area with walking and biking tracks and the
renovation of its numerous historical sites.
Entertainment in Zeytinburnu
In fast developing Zeytinburnu, five-star hotels,
entertainment options, shopping malls and restaurants, excellent schools, and
great health facilities are never far away.
Hotels
Some of the finest
hotels located near Zeytinburnu include:
- Hampton by Hilton Istanbul
- The Conforium Hotel
- Ottoperla Hotel
- Novotel Istanbul
Schools
Since it is so densely populated, Zeytinburnu is
self-sufficient in every kind of facility. Apart from the public schools,
Zeytinburnu has many private schools for expat families to enroll their
children in. Private Blue Hope Middle School and Nature Schools Campus
Cevizlibağ are some prominent ones.
Hospitals in Zeytinburnu
Zeytinburnu has its fair share of hospitals that offer
locals the ideal services and quality treatment. Here are some of them:
- Avrasya Hospital
- Hospital Sante Plus
- Balıklı Greek Hospital
