Overview of real estate market in Istanbul

اسعار, العقارات, اسطنبول, عقارات, تركيا

Overview of real estate market in Istanbul

Istanbul is the largest Turkish city and among the biggest metropolis in the world.

Istanbul has a population of 16 million, so its population is more than the population of many countries.

In this crowded city, many people are looking for properties to invest or live. And a lot of people prefer to buy housing rather than pay high rents.

Real estate prices in Istanbul

Istanbul offers different opportunities for those who want to own real estate in Turkey, whether for housing or investment.

However, property prices in Istanbul vary according to many factors.

The most important factor affecting real estate prices is the district in which the property is located.

Besides, the condition of the property (new or used), its proximity to transportation, hospitals, and schools, the materials used in the construction of the property

and its view have a great role in determining property price.

Also Read: Average rent price in Istanbul is 1486 TL

Considering all these factors, the average prices of real estate in Istanbul districts according to the latest data are as follows:

Ataşehir between 250 thousand and 800 thousand TL, Avcılar between 240 thousand and 600 thousand TL, Bağcılar between 220 thousand and 500 thousand TL, Bahçelievler between 200 thousand and 800 thousand TL, Bakırköy between 300 thousand and 2.5 million TL, Beylikdüzü 160 thousand and 1.5 million TL, Büyükçekmece between 350 thousand and 850 thousand TL, Esenler between 220 thousand and 400 thousand TL, Fatih between 450 thousand and 650 thousand TL, Gaziosmanpaşa between 250 thousand and 350 thousand TL, Güngören Between 220 thousand and 675 thousand TL, Kadıköy between 300 thousand and 2 million TL, Pendik between 270 thousand and 650 thousand TL, and Üsküdar between 325 thousand and 1.3 million TL.

Edit By: Realty Group

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