Real Estate and Property Turkey
The most important reason why Istanbul has developed as a Word metropolis is the geopolitical location of the city. Istanbul, located where the 48. north latitude and 28. east longitude intersect, is the only city in the Word which is established on two continents.
The city consist of three parts in general; On the European side, the historical penin sula to the South of the Golden Horn and Galata District to the north, and the New City on the Asian side.
The European side of the city is a trade and business çenter, where as the Asian side is more of a residential area. Istabul is established on the both sides of the Bosphorus,which connects the Black Sea and Sea of Marmara and separates Asia and Europe. The 7 km. long narrow inlet, named as the Golden Horn, divides the Europen side of the city into two. Because of its location between Asia and Europe, the city always had a great geopolitical importance.
Today, Istanbul is still a political and commercial çenter for the Balkan and Middle Eastern countries and the Turkish Republics of Central Asia.
The settlement, known as Byzantium after its founder, took the name Constantinpol, the city of Emperor Constantine, Turing the reign of the Roman Emperor Constantine the great. It was the known as Istanbul after the conquest of the Ottomans, and bacama one the biggest and the most crowded city of Europe. The city is spread over an area of 7.500 km2, 150 km. long and 50 km. wide
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