Istanbul Anatolian side Eye Residential investment zones: Ümraniye and Pendik
The importance of Ümraniye and Pendik in the agenda is increasing, especially with housing projects that appeal to the middle income level. The two regions are also the most popular residential investment regions of Istanbul Anatolian side with ease of transportation and investment projects.

The average house sales price in Ümraniye is 402,000 TL

According to the Endeksa data, Ümraniye has seen an increase of 41% in residential square meter sales prices in the last 3 years, while the last 5-year value increase is 77%. Currently, the average residential square meter sales price in Ümraniye is 3,675 tl, the average housing price is 402,000 tl, the average rent is 1,565 tl, the return time of the housing investment is average 24 years.

 

Istanbul Financial Center, which has yet to be built, and the recently opened Üsküdar-Ümraniye-Çekmeköy metro line have significantly influenced the real estate values in the region. In Ataşehir, the neighboring district of Ümraniye, we see significant price increases for very long periods. Especially in Western Ataşehir, the prices of residential square meters have an average of TL 7,550, and the average housing prices are at a level of TL 1 million, directing the people of Middle income level to Ümraniye who want to live in the region. This is one of the important factors for the development of the region.

 

When we assess the average square meter sales prices in the region, we see that Ataşehir is still quite low compared to nearby neighborhoods. Therefore, we think that the potential of high demand in the region is high, especially with the realization of the Istanbul financial Center. We foresee that the demand for housing in the region as well as commercial real estate will increase as the financial center is implemented. Especially close to the financial center Site, Çamlık, freshwater, Sherali neighborhoods are waiting for an increase.

Click to review Ümraniye housing market.

Average house sale price in Pendik 322,000 TL

In addition to the Sabiha Gokcen airport as well as the transportation routes, Pendik, Istanbul has become one of the most attractive areas for housing investment in Anatolian side. Technology-oriented real estate valuation platform according to the current data of the Endeksa, the last 5-year price increase in Pendik at 77% level, the average residential square meter sales price 2.850 tl, the average housing price 322,000 tl, the mean rent 1,200 tl and housing The return time of the investment is 22 years. Especially in recent years, thanks to the increasing housing projects, there are many residential types from 1 + 1 to 6 + 2 in Pendik. 1 + 1 Residences average 220,000 TL; 2 + 1 's average 270,000 TL; 3 + 1 's average 350,000 TL; 4 + 1 's mean 500,000 TL.

Click to review Pendik housing market.