- Mar 6, 2018
- Reading time: 2 minutes
Residences are valued in Kocaeli, the average housing price is 239,000 TL
According to the data of the index, the housing price is 239,000 TL with average values in Kocaeli and the return time of housing investment is 22 years. When viewed in real estate investment, the average price of units per square meter is 1,425 in Gölcük, 1,800 tl in Kartepe, 1,825 tl in Karamürsel, 1,850 tl in Izmit and Gebze, 1,875 tl at Basiskele.
Kocaeli, one of the important industrial cities, also stands out in real estate investment with the recent transportation and investment projects. Completion of post-earthquake reconstruction revisions and investment projects such as Istanbul-Bursa-Balıkesir-Izmir motorway, North Marmara motorway, Osmangazi Bridge as well as Information Valley, health Campus and organized industrial zone Among the elements that enable the development of the city. Using the advanced possibilities of digital technologies in the valuation of the real estate, according to the data of the Endeksa of the foreign investors preferred in Kocaeli, the last 3 years of value increase, especially Karamürsel, Kandıra, Derince, Gebze, The Basiskele and the Gulf appear to stand out.
The last 3-year increase in housing prices in Kocaeli is 53%
According to the Endeksa. COM's current data, housing prices increased by 53% in the last 3 years throughout Kocaeli. Average residential square meters in the city is 1,875 tl, the average house price is 239,000 TL, and the return time of the housing investment is 22 years. According to the Endeksa data, the regions which are prominent in real estate investment in Gölcük average residential square meter sales price 1,425 tl, Karamürsel 1,825 tl, Izmit 1,850 tl, in Gebze 1,850 TL. Basiskele and Kartepe, which are the focus of foreign investors, also seem to have increased their housing prices. According to Endeksa. com, the average residential square meter sales price is 1,875 tl, and Kartepe is 1,800 tl.
Housing value increase in Kocaeli will last
Endeksa.com Marketing and Sales group President Aylin Daylan, Kocaeli, gave the following information about real estate prices: "We foresee that the increase in housing prices in the coming period will continue throughout the province. Especially located in the south of the city, Karamürsel and Gölcük, which is facilitating transportation with Osmangazi Bridge, is close to Istanbul and also the average residential square meter prices are in the Gulf with Derince, which is less than the average of the neighboring districts, and natural With its beauties, we expect a higher increase in the province than in Kandıra and Basiskele. "