Buy commercial property in Istanbul

With a booming economy, growing foreign investment, and an ever-expanding real estate market, now is a great time to buy commercial property in Istanbul.

Whether you’re looking to buy office space in Istanbul, rent a shop in Istanbul, or even buy a restaurant in Istanbul, this guide will cover everything you need to know, from market insights to legal procedures and top locations.

Why Buy Commercial Property in Istanbul?

Istanbul’s real estate market has been thriving, attracting investors from around the world. But what makes it such a hotspot for commercial real estate?

1. Strong Economic Growth

Istanbul is Turkey’s financial and business capital, home to international corporations, startups, and a thriving tourism industry. This creates a high demand for commercial properties in Istanbul, making it a lucrative market for investors.

2. High Rental Yields & ROI

Compared to other major cities like London or Dubai, commercial real estate for sale in Istanbul offers competitive prices and strong rental returns. Investors can expect rental yields between 5% and 8%, depending on the location and property type.

3. Strategic Location & Tourism Boom

Istanbul’s position as a global crossroads means businesses here benefit from a diverse customer base. Tourism also plays a significant role, driving demand for hotels, restaurants, and retail spaces.

4. Government Incentives for Foreign Investors

Turkey’s real estate policies are foreigner-friendly, offering incentives like residency permits for investors. The legal process of buying commercial real estate in Istanbul is straightforward, making it easier for international buyers to enter the market.

Types of Commercial Properties in Istanbul

Before you make a decision, it’s important to understand the different types of commercial real estate for sale in Istanbul:

1. Office Spaces

If you’re looking to buy office space in Istanbul, areas like Levent, Maslak, and Ataşehir are ideal. These districts host corporate headquarters and modern business centers.

2. Retail Spaces (Shops & Malls)

Renting a shop in Istanbul is a profitable investment, especially in high-foot-traffic areas like Istiklal Street or Nişantaşı. Shopping malls also offer great investment opportunities with long-term lease potential.

3. Restaurants & Cafés

Tourism and local demand make it a smart move to buy a restaurant in Istanbul, particularly in areas like Sultanahmet, Taksim, and Beşiktaş, where foot traffic is high.

4. Hotels & Hospitality Businesses

Istanbul is a major tourist destination, making hotel investments highly profitable. Boutique hotels in historic districts and luxury hotels near business centers are in high demand.

5. Warehouses & Industrial Spaces

With e-commerce and manufacturing on the rise, logistics hubs like Esenyurt and Başakşehir are attracting warehouse investments.

Commercial properties in Istanbul

Best Areas to Buy Commercial Property in Istanbul

Location is everything when it comes to investing in commercial real estate. Here are the best areas to buy commercial property in Istanbul:

1. Levent & Maslak – The Business Hubs

These upscale districts are home to Istanbul’s tallest skyscrapers and major corporate offices. Perfect for investors looking to buy office space in Istanbul.

2. Beyoğlu & Taksim – Retail & Tourism Hotspots

For those looking to rent a shop in Istanbul or buy a restaurant in Istanbul, these areas offer high foot traffic and a mix of tourists and locals.

3. Kadıköy & Ataşehir – Emerging Commercial Hubs

Located on the Asian side, these districts are rapidly growing with new business centers, making them ideal for office investments.

4. Başakşehir & Esenyurt – Affordable & High-Growth Areas

With large-scale developments and growing infrastructure, these areas offer more affordable options compared to central locations.

5. Basin Ekspres & Zeytinburnu – Up-and-Coming Hotspots

These developing districts are attracting investors due to their strategic locations and rising property values.

The Legal Process of Buying Commercial Real Estate in Istanbul

Understanding the legal process of buying commercial real estate in Istanbul is crucial to avoid complications. Here are the main steps:

1. Conduct Due Diligence

Before purchasing, check the property’s legal status, ownership documents, and zoning permits.

2. Hire a Real Estate Agent & Lawyer

A professional agent can help you find the best deals, while a lawyer will ensure all contracts and regulations are met.

3. Get a Tax Number & Open a Bank Account

Foreign buyers need a Turkish tax number and a local bank account for transactions.

4. Sign the Sales Contract & Pay a Deposit

A preliminary contract is signed with a deposit (usually 10-20% of the property price).

5. Title Deed (Tapu) Transfer

Once payments are complete, the title deed is transferred to the buyer at the Land Registry Office.

Commercial Property Prices in Istanbul 2025

As of 2025, commercial property prices in Istanbul 2025 vary depending on location, size, and property type. Here’s a general breakdown:

• Prime office spaces (Levent, Maslak): $4,000 – $7,000 per sqm

• Retail shops (Beyoğlu, Taksim, Nişantaşı): $3,500 – $6,500 per sqm

• Restaurants & cafés (tourist-heavy areas): $2,500 – $5,000 per sqm

• Warehouses & industrial spaces: $1,000 – $2,500 per sqm

Prices are expected to rise due to increasing demand, making 2025 a great time to invest in commercial property in Istanbul.

Tips for a Successful Investment

• Choose the Right Location: Invest in high-demand areas for better returns.

• Work with Experts: A professional agent and lawyer can save you time and money.

• Check Rental Potential: Ensure steady income flow by targeting prime areas.

• Monitor Market Trends: Keep an eye on new infrastructure projects and economic shifts.

Final Thoughts

Investing in Istanbul’s commercial real estate market can be highly profitable when done right. Whether you want to buy office space in Istanbul, rent a shop in Istanbul, or buy a restaurant in Istanbul, understanding the market, location, and legal process is key.

With commercial property prices in Istanbul expected to rise in 2025, now is a great time to make a move. If you’re ready to explore your options, consult with a local real estate expert and take the first step toward a successful investment!