Balat Neighborhood .. Live And Invest In Downtown Istanbul

5 min readMar 1, 2024

General location of Balat district in Istanbul:
A glimpse of the Balat district in Istanbul:
History of Balat district in Istanbul:
The reason for calling the Balat neighborhood this name:
The most important tourist attractions in the Balat district in Istanbul:
Advantages of buying a property in Balat district in Istanbul:
Advantages of real estate investment in Balat district in Istanbul:

The Turkish city of Istanbul is characterized by its inclusion of several regions and neighborhoods of importance and tourist, residential, and investment dimensions.

Especially in the city center are the neighborhoods adjacent to the Bosphorus Strait on its European and Asian sides, including the famous Balat or Polat neighborhood.

General Location Of Balat District In Istanbul:

Balat district is located in the center of Istanbul and belongs to the municipality of the historic Fatih district
It is adjacent to Fanar, whose name must be mentioned as soon as the name of the Balat district is mentioned
The neighborhood extends on the banks of the Golden Horn Bay and is close to the Sea of Marmara
It is 5.8 km away from Taksim Square
It is also 9.4 km away from the First Bosphorus Bridge
Istanbul International Airport is 46 km away

A Glimpse Of The Balat District In Istanbul:

The neighborhood constitutes a tourist, residential and investment interface in Istanbul and Turkey.
Balat combines traditional heritage, history and tourist attractions.
It reflects the prosperous present through its roads and infrastructure.
It acquires beauty and a charming historical fragrance through its colorful heritage buildings.
The neighborhood’s importance increases as it is a meeting place for three religions because it includes Islamic mosques, Christian churches, and a Jewish synagogue.

History Of Balat District In Istanbul:

The history of the neighborhood dates back to the period of the rule of the Ottoman Sultan Bayezid II.
The houses of Balat district were built with wonderful and unique designs.
The neighborhood was built for the first time with the aim of absorbing and settling Jews coming from Andalusia.
Perhaps this reason justifies the neighborhood’s other name, “the Jewish neighborhood in Istanbul.
After that, Orthodox Christian churches were established alongside Jewish synagogues.
The brilliance of the Balat neighborhood over time due to its historical importance, and more buildings were built there, such as mosques, residential and commercial buildings.

The Reason For Calling The Balat Neighborhood This Name:

The neighborhood was given this name in reference to the Jewish delegations coming to it from Andalusia.
After receiving an invitation from the Ottoman Sultan Bayezid II to reside in the Balat neighborhood.
Meaning that it was named Balat after the Jews who settled there during that period.
Despite their small population, the neighborhood still hosts some Jewish families to this day.
Along with Christian and Islamic families, they live in brotherhood and love next to each other.

The Most Important Tourist Attractions In The Balat District In Istanbul:

This historic neighborhood contains several historical landmarks, the most prominent of which are:

1- Farouh Mosque:

It was built in the sixteenth century during the rule of Sultan Suleiman the Magnificent.
Today it is a prominent tourist and religious landmark that attracts visitors and tourists from all over the world.

2- Chora Museum:

It was in the past an Orthodox church belonging to the Byzantines.
It will then be transformed into a museum that includes a variety of works of art and antiques.

3-Aharbada Temple:

A Jewish temple and synagogue dating back to the fifteenth century.
It is considered part of the cultural and religious heritage of the Jews in Istanbul

4-Mulla Hill:

The hill is awarde They gave her a view

A charming panoramic view of the Bosphorus Strait and stunning natural scenes.

It is an ideal destination for walking and hiking in the center of Istanbul

Advantages Of Buying A Property In Balat District In Istanbul:

The neighborhood is literally in the middle of Istanbul and is adjacent to several tourist and commercial places.
Living in Balat means living in the heart of history and in the spirit of old Istanbul.
Living in the Balat neighborhood facilitates transportation to the rest of the city’s areas via all means of transportation.
The neighborhood is close to the Bosphorus Strait and the Asian side of Istanbul.
It is possible to buy a house in the Balat neighborhood in multiple residential styles and different sizes.
In addition to the possibility of purchasing a hotel apartment and living in it, especially during annual vacations.

Advantages Of Real Estate Investment In Balat District In Istanbul:

The most important feature of the Balat district is real estate investment in renewed buildings
The Fatih Municipality, in cooperation with major Turkish construction companies, works to restore and renovate old heritage buildings and resell them
Owning a residential, commercial or tourist property and investing in it is undoubtedly a successful business.
The neighborhood offers apartments, villas, palaces, hotel apartments, and hotels for sale for residential or investment purposes.
A daily or weekly tenant can easily access your investment apartment in Balat.
And collect profitable returns in Turkish lira, US dollars, or any other currency.
Those coming to visit the neighborhood and stay there for a few days vary between Arabs and Europeans.
Therefore, the chances of success of real estate investment in renovated buildings are very high and achieve higher financial returns than expected.
Golden Group for Investment in Turkey advises you to acquire a property in the Balat district and start investing in it and gain profitable benefits in the medium and long term.