Effect of Proximity to Transportation Vehicles
The distance between our work and our home, endless traffic in the city, lack of transportation means or not at all, put us at a dead end. That is why when choosing a home, the variety of means of transport and proximity to means of transport are extremely important.

You will change houses or buy real estate for the purpose of making new investments. What do you pay attention to when making a right investment? In your previous experiences, many events in which you have problems will help you in finding a new home. First of all, you make a clear decision about how and where you want to live; finding the most suitable neighborhood by thinking about your daily routines, business life, cultural activities, your business will make it easier. Of course, you also need to ask the most basic question about proximity to means of transport, which is one of the most important issues to consider when changing houses. “Well, whether I have a car or not, will I be able to comfortably meet all my needs and easily handle my transportation problem?”

Nowadays time is extremely valuable, we need to catch up somewhere every minute or we want to devote more time to our loved ones. The distance between our work and our home, endless traffic in the city, lack of transport means or not at all, puts our situation completely at a dead end. That is why when choosing a home, the variety of means of transport and proximity to means of transport are extremely important. However, the effect of proximity to means of transport on house rents is quite large. Because proximity to means of transport makes the house more attractive both in the choice of housing and increases the demands by raising the awareness of the location of the house. This makes the issue of proximity to transport vehicles one of the biggest reasons for the increase in rental prices.

The Truth of Public Transportation of Turkey

Many parts of Turkey benefit from public transport services. Expensiveness of private vehicle prices and fuel oil costs, which have risen day by day in the recent period, are driving people to public transport. Moreover, none of us tolerate the waste of time anymore and we all have to catch up somewhere. When this is the case, reaching public transport is extremely critical; however, the problem of proximity to transport means is also raised.

Public transport provides economic, social and environmental contributions to both individuals and society. Houses in close proximity to the metro, bus and other public transport; one of the most popular houses in the choice of housing. Moreover, proximity to transportation means is extremely important not only for individuals staying at home, but also for guests who will reach that house. Homeowners are also aware of this situation; the rents of houses that come to an advantageous location due to the proximity to the means of transport are rising day by day.

Recently in Turkey, housing shortage is everyone's bleeding wound. You may have started looking at homes in remote corners of the city, or in neighborhoods you never knew before. There will be unnervousness of the unfamiliar. However, if you choose houses close to the means of transportation, you will both feel safer and have a great advantage over life. Houses that stand out with proximity to means of transportation are relatively slightly higher priced compared to other homes, but they will cover this cost as they save your life in the long run.

What Are House Prices Determined By?

Thanks to Endeksa, a real estate valuation platform that uses the advanced possibilities of digital technologies, you can reliably calculate the value of a house. In terms of Turkey, the rental price of an apartment is determined as 1/200 of the purchase price or 1/180. However, when determining the value of a house, the following basic criteria are taken into account:

  • Bina Yaşı ve Yapısı,
  • Oda Sayısı,
  • Güvenlik Önlemleri,
  • Toplu Ulaşım Araçlarına Yakınlık,
  • PTT, Hastane, Okul vb. Devlet Kurumlarına Yakınlık,
  • Sahile yahut Şehir Merkezine Yakınlık,

Proximity to means of transport, as can be seen above, comes to us as one of the most important factors when determining the values of houses. Public transport demand, which has increased thoroughly in recent years, also increases the prices of houses that are advantageous in terms of transportation. Exclamations such as 500 metres from Metro and 10 minutes walk from Metrobus can often be ringing in your ears. You can also see such expressions a lot in home sales ads. The desire to reach our home in the fastest, safest and most economical way is one of the substances that we all put in the first place when looking for a home. Therefore, proximity to transportation means increases the value of the house, increases the preferability and is touted as an advantage in home sales.

Home Rents Rent Rate Based on What

In Turkey, the vast majority of society lives in rented houses. Exorbiting numbers stand out in recent rent increases. According to Article 344 of the New Obligations Law, the parties' agreements on the determination of housing rent to be applied during renewed lease periods, 25% compared to the CPI 12-month averages in the previous lease year valid provided that it does not exceed the rate of exchange. This rule is also applied in lease contracts for more than one year.

Diversification of transportation possibilities, the region where the house is located, to become an attractive center from day to day, the facilities offered to people living in the neighborhood, the rents of houses with factors such as changing living conditions rising from day to day. Those who want to rent a house, so they need to make the most correct planning, both economically and in order to lead their lives more comfortably. One of the first items of this planning is the proximity of the houses to the means of transport, which is why the proximity to the means of transport increases house rents.

What Vehicles Does Proximity To Transport Covers?

The urban structure in Turkey makes it possible to use many means of transport at the same time. Therefore, it is possible to think that the closer the house is to various means of transportation, the higher the rent will be. For this reason:

  1. Evin konumu metro ağındaki metro duraklarından birine, aynı şekilde tramvay veya tren istasyonlarına yakınlaştıkça ev kirası artar.
  2. Marmaray istasyonlarına yakınlık, ev kiralarının yükselmesine yol açar.
  3. Havalimanlarına yakınlık, vapurlara kolay erişilebilecek konumlar, metrobüse yakın olmak, ev kirasını arttırır.

To learn more, reflect on it and better organize your investment plans that will increase the value of your home, you can always contact the Endeksa, professional support from the expert staff You can get.

To find out the value of your home, you can reach our page at https://www.endeksa.com/tr/evimin-degeri/ogren link.