Areas featured in real estate investment in Istanbul Anatolian side
Housing prices are rising because of urban transformation projects and transportation projects on both the Anatolian side and the European side of Istanbul. The prominent areas of real estate investment in Istanbul Anatolian side are Kadikoy, Çekmeköy, Ataşehir, Ümraniye, Sancaktepe, Sultanbeyli, Pendik and Kartal.

Kadikoy, close proximity to the European side, the ease of transportation by Metro and Acibadem, Baghdad Street due to its proximity to areas such as real estate investment in the most popular regions of the Anatolian side. Due to urban transformation, in the region which is prominent in the recent period with branded housing projects, the average housing price is 7,500 TL/m2 According to the Endeksa data. This value is the highest district of Istanbul's housing prices after Kadıköy, Beşiktaş, Sarıyer and Bakırköy. The average rent in Kadikoy is 2,754 TL and the return period of the housing investment is 31 years. Housing prices in Kadikoy have risen considerably for the last 3 years, and in the last 1 year there is a recession due to increased high priced branded housing supply. With its location, we foresee that housing prices in the region will continue to increase in the long term.

 

According to the Endeksa's data, the housing sales prices in Çekmeköy, which are prominent with residential projects, vary between 2,825 tl/m2 and 4,150 tl/m2. The average house sales price is 3,000 TL/m2 and the average return times of the residences are 24 years. Çekmeköy, 3. Bridge connection roads, Üsküdar Çekmeköy metro line and transportation projects such as the North Marmara Highway is one of the most popular regions of the Anatolian side in terms of real estate investment.

 

According to the Endeksa data, the average housing price in Ataşehir is 4,725 tl, the average rent is 1,919 tl, and the return time of the housing investment is 24 years. The development of Ataşehir began with housing projects, especially in the region due to the housing projects in Western Ataşehir high value increases were seen. Recently, the construction of financial center has increased in both commercial and residential projects.

 

Due to the ongoing construction of the financial center and Üsküdar-Ümraniye-Çekmeköy line, real estate prices in Ümraniye have been increasing regularly for the last 3 years. According to Endeksa.com data, the average housing price in Ümraniye is 3,675 tl/m2, the average rent is 1,581 TL and the return period of the housing investment is 23 years. We foresee that the region will gain more value when the completion of the financial center and the construction of Metro close to the region is completed.

 

The importance of Sancaktepe has increased due to its connections to Sabiha Gokcen airport, TEM Highway and TEM-Kartal Connection Road. We think that the interest in residential and commercial areas will increase in Sancaktepe, which is located between two exit points on the Anatolian side of the North Marmara motorway. According to the Endeksa data, the average housing price in Sancaktepe is 2,600 tl/m2, the average rent is 1,393 tl, and the return time of the housing investment is 20 years.

 

Due to ease of transportation in the last few years, the star shining in Sultanbeyli average residential square meter sales price is 2,600 tl, the average house price is 295,000 TL, the return time of the housing investment is 20 years. Housing prices vary between TL 230,000 and 380,000 TL.

 

Villa type residences, as well as housing projects that appeal to the middle and lower income group, also featured in Pendik – Kurtköy average residential square meter sales price of 2,900 tl, average housing price 325,000 TL, the return of housing investment The average duration is 23 years.

 

Kartal, Istanbul public investments in the region such as the Anatolian Palace of Justice, the completion of transportation projects such as Kartal-Kadikoy Metro and the region's urban transformation area is one of the regions where the maximum value increase has been seen in the last 3 years Was. According to the Endeksa data, the average house sales price in Kartal is 3,575 tl/m2, the average rent is 1,572 TL and the return period of the housing investment is 23 years.