Average housing price in Çanakkale is 260,000 TL, turnaround time 23 years

The historical significance of Çanakkale is one of the leading provinces with its natural beauties and commercial capacity, and ranks top among the provinces with the most emigration. Çanakkale 1915 Bridge between the districts of Gallipoli and Lapseki to facilitate the transportation of the region to major cities such as Istanbul, Tekirdağ, Balıkesir, Izmir makes the region even more attractive in terms of tourism. For this reason, in the last 3-4 years, the region has an increase in real estate and hotel investments.

Based on the www.endeksa.com data that uses the advanced possibilities of digital technologies in real estate valuation, the average house sales price in Çanakkale Merkez is 2,325 tl/m2, the average house price is 260,000 TL and the return time of the housing investment is 23 Year. 1 + 1 residences in Çanakkale Merkez mean 140,000 TL, the return time is 20 years; 2 + 1 residences mean 225,000 TL, turnaround time 24 years; 3 + 1 Residences 320,000 TL, turnaround time 26 years.

In the coming period, the new roads, connecting roads and exit points with the bridge will be more valuable to the land and residential areas. The region is expected to attract more investments when the bridge is brought to life. With the ease of transportation, the region will also stand out more in terms of tourism and get more emigration.