Tarabya, the most prestigious and scenic neighborhood in Istanbul
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Tarabya, the most prestigious and scenic neighborhood in Istanbul

Created: 2024-09-27 Modified: 2024-10-07 Views: 311 Luxury Signature Admin
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Exploring Tarabya: Istanbul's Prestigious and Scenic Neighborhood

Situated on the European shores of the Bosphorus, Tarabya is one of Istanbul's most prestigious and scenic neighborhoods. Known for its luxurious residences, historic architecture, and breathtaking views, Tarabya offers a tranquil escape from the hustle and bustle of city life. It’s part of the Sariyer district, which is known for its lush greenery, upscale residences, and proximity to the Bosphorus. Tarabya has a rich history and offers a unique blend of natural beauty, luxury living, and a tranquil atmosphere. Here is a comprehensive look at the area.

 

Location

  • Tarabya is located along the northern shore of the Bosphorus, between the neighborhoods of Yenikoy and Buyukdere.
  • It’s about 17 kilometers from the city center (Taksim) and around 40 kilometers from Istanbul Airport, making it a well-connected yet peaceful retreat.
  • Tarabya is easily accessible via coastal roads and is also served by bus routes, making it a popular location for both residents and visitors.

 

History

  • Historically known as (Therapia) during the Byzantine and Ottoman periods, Tarabya was a summer retreat for the city's wealthy families, diplomats, and foreign nationals.
  • The name "Therapia" comes from the Greek word for healing, as it was believed the area’s clean air and pleasant climate had therapeutic properties.
  • During the Ottoman Empire, many foreign embassies built summer residences in Tarabya, giving the area an international flair.
  • The neighborhood is still home to several consulates, including the German and British embassies, adding to its international flair.
  • The neighborhood still retains a sense of old-world charm with a mix of historical buildings and modern developments.

 

Key Attractions and Natural Beauty

  • Tarabya is famous for its waterfront and stunning views of the Bosphorus.
  • Tarabya is surrounded by natural greenery, such as the Belgrad Forest, and it is blessed with a unique natural setting that draws visitors and potential residents alike. Nestled along the Bosphorus Strait, it offers panoramic views of the waterway, creating an idyllic backdrop for walking, dining, and living.
  • One of the key attractions is the Tarabya Bay, known for its picturesque marina that showcases an array of yachts and boats.
  • Along the waterfront, several seafood restaurants offer fresh culinary delights, capitalizing on the area's maritime heritage.

 

Luxury and Real Estate in Tarabya

  • Real estate in Tarabya reflects the neighborhood's luxurious lifestyle. According to data from the Turkish Statistical Institute and local real estate agencies, property prices have seen a steady increase over the past decade. As of 2024, the average price per square meter in Tarabya ranges between 3000$ and 5000$, depending on proximity to the Bosphorus and specific property features. This premium pricing is reflective of high demand, particularly among affluent buyers seeking exclusive waterfront properties.
  • Many residences in Tarabya are upscale villas with lush gardens, private pools, and direct access to the Bosphorus, attracting buyers looking for privacy and elegance.
  • Tarabya is known for its luxury villas, mansions (locally called yalis), and high-end apartment complexes.
  • Many properties in Tarabya offer stunning Bosphorus views, which makes it a highly sought-after location for affluent Turkish and foreign buyers.
  • The area is a favorite among diplomats, expatriates, and wealthy locals due to its exclusivity, security, and high quality of life.
  • Development is controlled to maintain the area's natural beauty, and properties in Tarabya are among the most expensive in Istanbul.

 

Lifestyle and Amenities in Tarabya

  • Restaurants and Cafes: Tarabya is renowned for its seafood restaurants, especially along the waterfront, which attract both locals and tourists. There are also many cafes and patisseries with Bosphorus views.
  • Schools and Education: Tarabya is home to several international schools and prestigious Turkish schools, making it an attractive location for families.
  • Shopping and Entertainment: While Tarabya itself is more residential, nearby areas offer luxury shopping centers such as IstinyePark, as well as cinemas, cafes, and other entertainment options.
  • Parks and Recreation: The Tarabya Bay area is perfect for leisurely strolls, and the nearby Emirgan Park is famous for its beautiful tulips during the Istanbul Tulip Festival.

 

Real Estate Investment in Tarabya

  • Tarabya is a prime area for real estate investment due to its exclusivity, limited land for new developments, and high demand for properties with Bosphorus views.
  • Property prices here are among the highest in Istanbul, driven by the combination of natural beauty, historical significance, and proximity to the Bosphorus.
  • The area’s real estate market targets both local elites and international investors looking for luxurious and prestigious properties.

 

Real estate investment in JW Marriott Tarabya hotel apartments in Istanbul

Rising in one of Istanbul's most prestigious neighborhoods, Tarabya, JW Marriott Residences offers a prestigious and promising lifestyle for leading figures in both family and business worlds. This magnificent residence project will captivate you with its exceptional features and visual splendor. 

Marriott Residences, with a heritage rooted in hospitality, offer various thoughtful and innovative amenities tailored to your luxury lifestyle. Global concierge services, private comfort areas, in-house dining options, private cinemas, elegant spa and fitness facilities, and valet services are just some of the exclusive perks residents can access around the clock. 

Providing amenities and services is one thing, but truly understanding the desires and needs of the owners of our branded residences is another. Marriott's dedicated residences staff is available 24/7, 365 days a year, ensuring that someone genuinely cares about how you want to live. 

One of the greatest advantages of owning a Marriott Residence is having a natural understanding of how to make people feel special by leveraging the advantages of a first-class hospitality operator's branded residence. First-class amenities and services, a dedicated team that deeply understands your needs, and VIP privileges at Marriott hotels around the world await private residence owners. 

JW Marriott Tarabya hotel apartments in Istanbul

For more information about the project: LS317: JW Marriott residences in Tarabya, Sariyer, with Bosphorus view

Frequently asked questions

Why should I invest in luxury real estate in Istanbul?

Istanbul is one of the world's most important cities in terms of history, culture, and economy. With a unique blend of ancient heritage and modern urban development, Istanbul offers unique investment opportunities in luxury real estate. Due to high demand, reasonable price fluctuations, and attractive financing, luxury real estate in Istanbul can yield excellent long-term returns.

What are the expected returns on investment in luxury real estate in Istanbul?

Returns vary depending on location, type of property, and overall economic conditions. Generally, rental yields can range from 4% to 8% annually in upscale areas. Additionally, property values are expected to rise around 5% to 10% annually over the long term.

Where is Tarabya located in Istanbul?

Tarabya is located on the northern shore of the Bosphorus between the neighborhoods of Yenikoy and Buyukdere.

What is Tarabya district in Istanbul famous for?

Tarabya is famous for its seafront and stunning views of the Bosphorus.

What services and amenities should I look for in luxury real estate?

Security: Comprehensive security system with guards and surveillance cameras.
Sporting facilities: Like gyms, swimming pools, health clubs.
Location: Proximity to public transportation, commercial centers, and entertainment facilities.
Luxury services: Concierge services, regular maintenance, secured parking.

What are the best times to buy property in Istanbul?

The best times to buy vary based on market conditions and supply and demand. Generally, it's preferable to buy when prices are low or during economic slowdowns, as better deals can be found. Consulting real estate experts can help you identify the optimal time to buy.

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