If we are considering the historical heritage of Istanbul, Fatih stands out with its touristic value, cultural texture and social structure. It is intertwined with the main transportation lines thanks to its central location and there is direct access to many locations in Istanbul from this town.
The historical peninsula is also home to essential cultural heritages such as the Blue Mosque, Hagia Sophia Museum and Topkapı Palace. Especially for people who plan to settle in this region, it offers a mystical environment where they can feel the unique atmosphere of Ottoman, Byzantine and Roman architecture.
Fatih is home to the historical Peninsula. We can say that this town hosts many of the attraction centres both for people planning to invest in real estate in Turkey and for people visiting the area for tourist purposes.
The name “Fatih” comes from the Ottoman emperor Fatih Sultan Mehmed (Mehmed the Conqueror), and means “Conqueror” in Turkish, originally from Arabic.
The Grand Bazaar is an important symbol in terms of the sociocultural existence for not only Fatih but also the whole of Istanbul. The Grand Bazaar and Spice Bazaar, with their unique spice scents and friendly shopkeepers, continue to host their guests in the centre of the historical peninsula.
Real Estate Investment in Fatih
Topkapı Palace was the control centre of the Ottoman Empire, which spanned three continents and ruled for nearly 600 years. Topkapı Palace, Istanbul Archeology Museum, Gulhane Park and Basilica Cistern are culturally important buildings in Fatih.
Housing prices for sale in the Fatih for-sale housing market tend to increase. Average depreciation time is calculated as 16 years in Fatih district. If we look at the annual averages, as of the end of 2020, the most valuable neighbourhoods in Fatih district for housing are Nişanca, Zeyrek, Sümbül Efendi, Haseki Sultan and Yedikule.