Taksim Area in Istanbul has become one of the most important areas of the city and has maintained its status from the past to the present. Previously, it had a significant function of distributing water to all other neighborhoods of the city, hence its name "Taksim" (meaning "distribution" in Turkish).

It is distinguished by containing important historical sites, commercial markets, and the famous Taksim Square, making it one of the major tourist destinations in Istanbul. In this article, we will provide a detailed report on everything related to it, especially the importance of real estate investment in the area. We hope you enjoy our article.

Where is Taksim Area Located in Istanbul?

Taksim Istanbul is the vibrant center of the city, located on the European side. Specifically, it is part of the Beyoğlu municipality, known for its excellent geographic location and numerous investment opportunities.

If you are wondering about the prime areas for real estate investment in Istanbul, we can tell you about the significance of this area, where the strategic location, luxurious lifestyle, and service and entertainment facilities have continuously increased real estate prices.

How Far is Taksim from Major Development Projects?

• It is 38 kilometers away from the largest airport in the world.
• It is 41 kilometers away from Sabiha Gökçen International Airport (the Asian side airport).
• It is only 6 kilometers away from one of Istanbul's largest malls (Cevahir Mall).
• It is 31 kilometers from Başakşehir Medical City.
• It is 4.5 kilometers away from Hagia Sophia, one of the city's most important historical landmarks.

Due to its vibrant location, Taksim is suitable for living, working, investment, tourism, and commercial activities.

Popular Places in Taksim Istanbul

If you visit Taksim for a sightseeing tour, you will find many important sites and landmarks that you must visit. Here are some of the highlights:

Taksim Square

This square is highly famous and is a tourist destination for anyone visiting Istanbul. It is located in the heart of the city, making it very accessible, and contains many historical and archaeological sites.

Istiklal Street

This is the longest street in Istanbul, featuring numerous shops, galleries, libraries, and theaters. It also has many cafes and restaurants offering a variety of meals, particularly traditional Turkish food, and famous sweets shops.

Madame Tussauds Istanbul

This wax museum is different from the typical museums as it does not feature historical or natural artifacts but rather famous wax figures. The museum is divided into three sections: one for Ottoman and Islamic historical figures, another for famous European personalities, and a third for notable modern figures.

Galatasaray Bath

One of the most famous baths in Istanbul, belonging to the 15th century, known for its classical architectural design. It was later renovated, adding a section for women. It's a popular spot for young people in the city.

Flower Passage

One of the main tourist attractions in Istanbul, famous among locals and tourists. It is lined with various shops and restaurants and was once the city's most famous flower-selling spot.

Transportation in Taksim

Transportation in this area is not an issue as it offers all kinds of transport facilities, connecting it to various areas and places in Istanbul. Here are the main types:

Metro Line M2

The metro station is located in Taksim Square, providing easy movement within the city. This metro was built due to the high population density in the area and is known for its speed and low cost.

Red Taksim Tram

This tram stands out with its dark red color and is the second oldest tram line in the world after the one in London. The journey on this tram takes only one and a half minutes and operates on electric power.

Public Buses

129T, 32T, 37T, 497, 55T, 97T, DT1

Minibuses (Dolmuş)

These are private, small cars unique to Turkey, without designated stops, allowing you to get off wherever you want. The fare depends on the distance traveled.

Service and Entertainment Facilities in Taksim

Among Taksim's streets, you will find numerous service and entertainment facilities such as restaurants, cafes, hotels, parks, health centers, and large shopping malls (malls). Here are some highlights:

Famous Restaurants in Taksim:

1. Medina Restaurant: Known as one of the best in the area, also called the Celebrity Restaurant. It offers the finest Turkish, Arabic, and international dishes.
2. Selfie Restaurant: One of Istanbul's top restaurants, known for its famous Turkish and Middle Eastern dishes.
3. Delhi Restaurant: Famous for offering delicious Indian, Asian, and Pakistani cuisine.
4. Faros Taksim Restaurant: Ideal for trying European and Italian meals, with the option of dining outdoors.

Famous Hotels in Taksim:

1. Point Hotel: Known for its spectacular view and providing excellent services and recreational activities.
2. Golden Age Hotel: Designed in the Ottoman style, offering a range of recreational activities and various services.

Other Notable Places in Taksim:

• Mimar Sinan Fine Arts University.
• Istanbul Kent University.
• Galata Medical Center.
• Acıbadem Hospital.

Living and Real Estate Investment in Taksim Istanbul

Are Taksim Istanbul properties suitable for living and residency or real estate investment? Here is a clarification for both aspects:

Advantages of Living in Istanbul:

Living in this area offers numerous benefits, as it is vibrant and provides luxurious living conditions. Despite its old nature, it also features modern buildings. It is suitable for families, with over 50% of its residents being married couples.

It is also suitable for students due to the easy availability of public transportation, enabling them to reach their universities effortlessly. Additionally, it is ideal for tourists because of its proximity to the city's major attractions.

Advantages of Investment in Taksim:

Investing in real estate in Taksim is a sure bet as all indicators point to substantial profits and lucrative returns. You can invest in hotel apartments, which many prefer for comfort and independence, or in restaurants, cafes, and commercial shops.

Real Estate Prices in Taksim:

• Average price per square meter outside residential complexes: 2000 USD.
• Average price per square meter in residential complexes: 6000 USD.
• Average rental price per square meter outside residential complexes: 100 USD annually.
• Average rental price per square meter inside residential complexes: 300 USD annually.

General Information about Taksim Area:

1. The population of this area has reached 400,000, including locals, foreigners, and investors.
2. It extends over a luxurious area of Beyoğlu, covering 8.67 square kilometers.
3. It is surrounded by Kağıthane and Şişli to the north.
4. To the southwest, it is bordered by the Golden Horn.
5. To the east, it is bordered by the Bosphorus and Beşiktaş area.

There is an abundance of apartments for sale in Taksim Istanbul. You can contact us to provide you with the best real estate investment opportunities and keep you updated on the latest developments in the real estate market there.