REAL ESTATE TRENDS IN ISTANBUL’S PROPERTY MARKET | Property in Turkey
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Property in Turkey

REAL ESTATE TRENDS IN ISTANBUL’S PROPERTY MARKET

Posted by Property In Turkey on 14 March 2016
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We all know that the year 2015 was a great success when compared to the previous years in the fied of Turkey’s real estate market. It is in fact thanks to the economic and industrial growth of the country. This healthy growth will have a great effect on the property sales and investments in Turkey, it is quite sure. How about the specific places? If you are interested in buying property in Istanbul, there are some new real estate trends that you should get to know.

Especially in the recent years, some of the new districts have become more popular such as Kurtkoy, Cekmekoy, Esenyurt, Tuzla, Sariyer, Buyukcekmece, Kucukcekmece, Beylikduzu, Avcilar and more. This progress can be linked to the urban transformation and construction projects having been carried out around Istanbul such as the mega projects like Avrasia Tunel, The Third Bridge, The Third Airport. In addition to these, branded projects are preserving their popularity in the field of property investments.

In the latest times, it is observed that more people have been investing in the office properties since most of Istanbul’s districts are known as business centers like Esenyurt and Levent in the European side of the city. These A+ plus type offices are known as cheap properties since their prices are a lot more affordable when compared to the properties in the other countries. Most of the investors are also interested in investing in luxury and comfort residences that are 1+1 and 2+1 since they are quite in demand nowadays among both foreign and domestic buyers.

Apart from all these offices and luxury residences, there is a growing interest for luxury gorgeous villas as well. Especially the villas that are located nearby Bosphorus coastline draw a lot of attention these days thanks to its having a ravishing view of the Sea of Marmara primarily. If you consider buying a villa in Istanbul, you may want to look Sariyer, Buyukcekmece, Beykoz, Basaksehir or Bahcesehir since these are the most demanded areas for these types of properties in Istanbul.

In general, it can be said that the real estate trends in Istanbul have started to be more connected to the essential features that are luxury and comfort. If these two are found in a property, then it can be counted as a perfect construction in fact.

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