{ أسعار العقارات في تركيا وتأثرها بإنشاء مطار إسطنبول الجديد | Mersat Real Estate | Real estate experts make the decision
Real estate prices in Turkey

Real estate prices in Turkey and their impact on the construction of the new Istanbul airport

Last Updated: 2023-07-27
+ Font size -
0 8769

Real estate prices in Turkey and their impact on the construction of the new Istanbul airport

statistics centers working in the field of real estate in Turkey do not stop mentioning evidence of the increasing opportunities for real estate investment in Turkey, especially in the matter of real estate prices in vital development areas and close to major projects. We cannot lose sight of one of the largest Turkish cities, which is Istanbul, which is characterized by its vitality and importance, and which is at the forefront of other Turkish states in the field of real estate sales owned by Turks and foreigners at an interestingly high rate. Therefore, today we will talk about the impact of one of the largest real estate projects in Istanbul, which is the new airport, which has strongly pushed growth and investment in multiple areas of Istanbul, especially in the field of real estate and real estate investment in it. 


What are the areas that benefited from the new Istanbul airport and increased real estate prices? 

The shares of Istanbul's new airport have contributed to raising the level of the real estate market in several areas of Istanbul. These areas are located in the vicinity of the airport or near it, and we will mention here these areas and the changes in prices in them, whether real estate or rent, with development opportunities in the real estate market in them: The most important areas affected by the new Istanbul Airport: 

Arnavutkoy 
The center of Arnavutkoy district is located only 12 km from the new Istanbul Airport, and it takes ten minutes to use the car only to reach the airport. And it is one of the areas that benefit the most from the presence of the airport, especially real estate, commercial offices and apartments in the area. The Arnavutkoy district is ranked fourth in Istanbul in terms of area. Arnavutkoy district is classified as one of the most preferred places to buy land used in agriculture or housing and even reconstruction, especially after the construction of the new airport, which made every land close to it one of the most in demand properties. The average price of an apartment in Arnavutkoy with an area of ​​100 square meters ranges between 220 and 300 thousand Turkish liras. Real estate prices are rising steadily with the increase in services and features within the building or residential complex, and of course with the increase in its area.

Ayoub region 
It takes about forty minutes to reach the Ayoub area from the airport. Although access to the Ayoub area from the airport is easy, real estate prices in the Ayoub area have witnessed a decrease, perhaps due to the large number of ordinary housing in the area if compared to modern residential complexes. As the real estate in the Eyup area ranges in its styles between the modern ones attached to the best ideal services and the popular ones, but the Eyup area is located close to many of the tourist and vital areas in Istanbul, which made it gain a high importance and a distinguished position. In addition to this, its proximity to the Metrobus line, which made it one of the most important areas for housing and real estate investment in Istanbul, not to mention commercial investments and the establishment of companies and commercial projects, in addition to offices and shops of various forms. The average price of an apartment in Eyup with an area of ​​100 square meters ranges between 250 and 400 thousand Turkish liras. As we said, the presence of popular areas in many parts of Ayoub makes it easy for you to find an apartment at a very attractive price, which is less than the average that we mentioned above, and of course there are apartments with perfect services that come at higher prices. 

Basaksehir 
One of the largest municipalities of Istanbul, the area is about thirty minutes away from Istanbul's new airport by car, and the outskirts of the Basaksehir area are even closer to the airport. The famous Basaksehir area and the increase in real estate investment opportunities in it. Basaksehir is also one of the areas that benefited the most from the construction of the new airport, as this led to an increase in prices in just one year by 8%, which is a relatively high rate. We also mention the lands located on the outskirts of Basaksehir, whose prices have increased due to the increased desire to own them, and the fact that the area is attractive for those who wish to build villas or independent houses. The average value of an apartment of 100 square meters ranges between 300,000 and 600,000 Turkish liras. The area has an abundant stock of villas, palaces and modern residential complexes, and the area is still waiting for more positive influence in the future, due to the For the huge and major projects that are being worked on in the region and which will be fully ready soon.

Real estate prices in Istanbul 
On average, the value of one square meter in Istanbul in early 2019 amounted to approximately 3,700 Turkish liras. This price is considered a decrease in the average price per square meter than it was in the previous year, due to the change in the exchange rate against the US dollar. The new Istanbul airport serves the entire city of Istanbul in general and works mainly to keep the city attractive to foreigners because the airport is rapidly developing to be able, after several years, to accommodate and receive two hundred million passengers annually, which provides increasing and continuous opportunities for the real estate market in Istanbul. And it works to increase requests for purchase and real estate investment by foreigners in Istanbul. 
 

Edited by Mersat Real Estate ©
 

Last Updated::2023-07-27

Real estate Articles

The real estate market in Istanbul is the best choice for investors
Istanbul is a destination for millions of tourists and investors who want to buy a property in Turkey, so what are the types of real estate in it?
Find out why you should deal with a reliable real estate company
Mersat Real Estate recommends always dealing with real estate companies and not listening to rumors
A comprehensive guide for everything related to buying a property in Turkey
Are you interested in real estate investment in Türkiye? Here's everything you need to know about investing in Türkiye
Torlow's balcony
Turlo Glass Balcony, a beautiful glass balcony for lovers of adrenaline, excitement and suspense
Asansur Tower is a charming landmark of Izmir
Turkey seeks every day to support tourism and the tourism field in Turkey to raise the country's economy first through tourists visiting the picturesque natural places
What are the elements of investment in Turkey?
Investing in Turkey and reaping real estate that must be taken into account when buying a property
Advantages of the Turkish passport 2023
There are many reasons that lead many Arabs to inquire about the possibility of obtaining a Turkish passport, with the many advantages it gives to those who hold it.
Annual property tax in Türkiye
What is the annual property tax? And what is its value?
Princesses Islands are the most beautiful islands in Turkey
Princes' Islands in Istanbul: A gem in the Marmara Sea with exceptional history and beauty, featuring cultural and natural landmarks that attract visitors to enjoy a unique charm blending history with serene natural beauty.
Arnavutköy area
Arnavutkoy ... the center of promising investments

Real estate News

A new decision regarding real estate residency in Türkiye
Learn about the new decision regarding real estate residency in Turkey, where obtaining a real estate residency requires that the price of the property to be purchased be 200 thousand dollars or more.
The United Kingdom is investing four billion US dollars in Turkey
Reports indicated in some newspapers, including Anadolu Agency, about the planning of the British company Hive Energy, with the support of the British Chambers of Commerce, to invest in Turkey worth four billion US dollars
Economies are collapsing, currencies are falling, and Turkey is out of this equation
After the Corona crisis ravaged the world's economies and scientists reached anti-virus vaccines, and as soon as things began to improve and recover, the Russian-Ukrainian war occurred.
400 Thousand US Dollars, a Simple Amendment to One of the Conditions of Obtaining Turkish Citizenship
The Turkish Official Gazette published at dawn today, Friday, May 13, the decision of Turkish President "Recep Tayyip Erdogan", which stipulates raising the value of the property that grants its owner the right to obtain Turkish citizenship from 250 thousand to 400 thousand US dollars.
exceptional project from a government that cares about its people
 Recently, the Turkish government has introduced a residential project, land suitable for construction and industrial zones in all Turkish provinces
The Clash of Giants over One of the Major Markets, and the Turkish Overcomes
In the midst of the crises the world is witnessing, such as wars, conflicts and the collapse of economies, the Turkish Real Estate Market has registered remarkable progress with the rise in the average cost of houses in Turkiye
Accord and new horizons, Ankara and Riyadh
 As a kind of confirmation of improved Saudi-Turkish relations, Crown Prince Mohammed bin Salman visited Türkiye for the first time
Closing Some Neighborhoods in Türkiye to Foreigners; a Resolution in Your Favor 
As of July 1, the number of neighborhoods in which the process of registering and changing residence of the foreigners will be closed
Tourism recovery in Turkey 2022
After the Corona pandemic hit all the world's countries, tourism declined in many of the countries that pioneered it
Trabzon Receives Its Saudi Loved Ones After a Long Absence
After a long absence because of the coronavirus pandemic, Saudi tourists returned to Türkiye to enjoy their summer vacation as Trabzon was their first choice.
Real estate Articles
Watch a video
Real estate opportunities
Featured Projects

Projects in Turkey

Realestates in Turkey

Let us tell you with new

By joining mailing list