Buy Properties and Apartments for Sale in Gungoren

2 Properties Found
live and invest in a central location of istanbul RG-329
Price $127,970

Live And Invest In A Central Location Of Istanbul - Rg-329

profitable investment in the city center of istanbul RG-295
Reasonable Prices

Profitable Investment In The City Center Of Istanbul - Rg-295

Property Details
profitable investment in the city center of istanbul RG-295
Price $157,047

Profitable Investment In The City Center Of Istanbul - Rg-295

Things to Consider While Buying Property in Gungoren

Things to consider while buying property in Gungoren county which is located on the European Side of Istanbul include several factors. Gungoren is one of the historic districts of the city while hosting urban transformation projects.  So, the county is changing its silhouette with new housing projects each passing day.

Gungoren has a surface area of approximately 8.5 km2 and consists of 11 neighborhoods. Properties in Gungoren are preferred by Turkish and foreign real estate buyers thanks to its advantageous position in Istanbul European Side. The things you need to consider if you want to buy property in Gungoren are listed in detail.

What are The Price Ranges of Properties Located in Gungoren?

The average square meter unit price of the properties for sale in Gungoren Istanbul district is 305 USD as of the end of 2021. Moreover;

  • Average Gross Area: 100 m2
  • Average Price: 29,269 USD
  • Minimum – Maximum Unit Price: 201 USD – 527 USD/m2

How are the Prices of Properties in Gungoren Determined?

The Prices of Properties in Gungoren are determined as follows:

  • Calculating the Value by Comparing Properties in Gungoren: One of the most common ways to find the value of the property is to search the values ​​of other properties in Gungoren. In order to have the most accurate result, we need to pay attention to the fact that the houses compared need to have similar features.
  • Calculating the Value of the Property by Rental Price: While calculating the return of a property as an investment, the sum of 17-20 years of rent is taken as a basis. In Turkey, it is generally 18 years.
  • Getting Information from Real Estate Agents: Telling the real estate agent about all the features of the property will allow us to get the most accurate answer about the value of your property in Gungoren.
  • Home Appraisal Value Calculation: Even if you are considering applying for a housing loan to buy a house, the bank will provide you with an appraiser to determine the real estate appraisal value and report the appraisal value of your property in Gungoren.

What are the Benefits of Buying a Property Gungoren?

Gungoren county which has several properties for sale in Istanbul offers many remarkable advantages.

  • Firstly, its proximity to the central places.
  • Secondly, it is possible to go to both the airport and the bus terminal in a very short time by subway.
  • The extension of tram stations and routes in Gungoren in recent years has ended the transportation problem.
  • Also, it is possible to go to Bakirkoy by minibuses.
  • You can go to Eminonu and further afield by both bus and tram.
  • Besides, the shopping centers and new housing projects have made Gungoren very popular.

What are the Features of Properties Located in Gungoren?

Gungoren, located on the European side, draws attention with brand-new projects. The features of properties located in Gungoren are as follows:

  • Some of the buildings built together will be demolished within the framework of urban transformation. Thus, more modern properties are being built in Gungoren day by day.
  • Residences with several social facilities such as swimming pools, fitness center, sauna, Turkish bath take their place in the area.
  • In addition, there are some projects initiated by private construction companies based in Gungoren. It is possible to become a homeowner with these projects targeting both low and middle income groups.
  • 1+1, 2+1 and 3+1 house options are in great demand. Housing prices in the district of Gungoren are generally at an affordable level.

What are the Reasons to Buy Property in Gungoren?

Buying a house in Gungoren, one of the important districts of the European side, will provide many benefits in the long run.

  • Thanks to the urban transformation, the value of your property in Gungoren will increase day by day.
  • You will earn a profit while renting the property you buy.
  • The district, which is close to many centers, is a trouble-free place in terms of transportation.
  • Thanks to its proximity to shopping centers, you will meet your daily needs immediately.
  • You will find all types of residences ranging from villas to residences.

What are the Property Types and Options in Gungoren?

Property types and alternatives in Gungoren are various. For instance;

  • Flats for sale with the types of 1+1, 2+1, 3+1, 4+1, 5+1
  • Duplex apartments for sale
  • Residences with special social facilities
  • Villas with large gardens and pools

Who are the properties in Gungoren suitable for?

There are some projects initiated by private construction companies based in Gungoren. So that, anyone who wants can invest in real estate can buy property from Gungoren. Also;

  • Those with middle-come or low-income in addition to people who prefer luxury
  • People who want to make a profitable real estate investment
  • Single and married people

What are the living standards like in Gungoren?

Gungoren, one of the oldest districts of Istanbul, has houses to meet every living standard. Considering the amortization periods, as of the end of December 2021, the neighborhoods with the fastest returns in Gungoren district of Istanbul are Sanayi, Abdurrahman Nafiz Gurman, Tozkoparan, and Mehmet Nesih Ozmen, respectively. You can increase your living standards by buying a house in these areas.

What Are The Other Counties That Have Properties Similar to Gungoren?

Gungoren is adjacent to;

  • Bakirkoy and Bahcelievler to the south,
  • Bagcilar to the west,
  • Esenler and Bayrampasa to the north,
  • Eyup to the east.

That is, the houses in its neighboring counties mentioned above have properties similar to Gungoren.



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