Istanbul is a huge Metropol as you know 18 Milion people living in Istanbul. Every 5 to 1 people in Turkey population living in Istanbul.
Istanbul has 29 Districts. Unlike the other cities and capitals it doesnt have only one Downtown. These 29 Districts has their own centers and amenities.
So investors has a common failure and they think only Taksim Square as a well known and oldest district of Istanbul and investing nearby is very good investment. But truth is no. Because Taksim has no land to build a new project so prices 3000$-5000$ per/m2 range .
Instead of this kind of a huge budget you can invest just 15 -25 min range city center projects only 2000$-3000$ Range.
And if you go 35 km far away you can invest to nearly 1000$-2000$ per/m2.
As final words investing 5000$ per m2 you are investing already at a value and increasing it to 6000$ or more it is a bit diffucult.
We suggest to our customers to invest nearby to city center projects instead of already developed areas.
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