Houses on Sale
Prices of houses for sale in Istanbul have decreased by 4.94% in the last year. The average housing size for sale is 115 square meters.
Depreciation Time on Real Estate in Istanbul: 22 Years
The average square meter unit price of houses for sale in Istanbul is 3.578 TL. The return period of the houses with the same characteristics is 22 years.
The Highest Bidding in Housing Prices in Istanbul
As of the end of December 2019, the districts that gained the most value for housing in İstanbul were Küçükçekmece, Başakşehir, Sarıyer, Beşiktaş, and Beykoz.
The District with the Highest Rate of Decrease in Prices
As of the end of December 2019, the most depreciated districts in Istanbul were Avcılar, Üsküdar, Şişli, Gaziosmanpaşa, and Ümraniye, respectively.
Districts with the Highest Rate of Increase in Istanbul
When the depreciation periods are taken into consideration, as of the end of December 2019, the districts with the fastest returns in Istanbul were Eyüp Sultan, Esenyurt, Beylikdüzü, Güngören, Avcılar respectively.
Districts with Slowest Rate of Return
When the depreciation periods are taken into consideration, as of the end of December 2019, Beykoz, Beşiktaş, Kadıköy, Bakırköy and Prince Islands were the districts with the least returns in Istanbul.
Real Estate Gain in Some Districts
The district is one of the regions with the highest housing price increase in the last 3 years. As it is located between the bridge connection roads connecting the two sides of Istanbul, this residential area is a region close to the workplaces. With the tunnel connections completed in recent years, transportation time to Taksim, the center of Istanbul, has been shortened. The Mahmutbey-Mecidiyeköy metro line, which is planned to be completed in 2018, will make transportation to many districts of Istanbul even easier.
The average housing sales price in Kağıthane is 3,650 TL / m2, the average rent is 1,538 TL and the return on housing investment is 19 years.
Although Başakşehir is far from the central business districts of Istanbul, it is a district with a high development potential due to the trade areas in the region. Besides, the district also has major investment projects such as the Olympic Stadium and the giant Health Campus adjacent to the Olympic Stadium. New projects gained momentum with the commencement of the metro station (on Otogar-Bağcılar-Başakşehir-Olimpiyatköy line) in the region. According to market common data; the average housing price in Başakşehir is 3,300 TL / m2, the average rent is 1,525 TL, and the return on investment is 24 years.
Currently; the district is currently one of the most popular regions for housing investment in Istanbul. It is also one of the districts with the shortest return on investment. According to the data, the average housing price in Zeytinburnu is 4,300 TL / m2, the average rent is 2,218 TL and the return on investment is 18 years. A value increase is foreseen with the projects to be carried out in the region.
Beylikdüzü is one of the regions with the highest value increase in Istanbul. The most important reasons for housing price change in Beylikdüzü are the property of housing projects and transportation projects in the region. increase in housing prices will continue as transportation to Beylikdüzü will be easier by means of Bakırköy-Avcılar-Esenyurt-Beylikdüzü-Büyükçekmece metro line. According to market data; The average housing sales price in Beylikdüzü is 2,525 TL / m2, the average rent is 1,343 TL, and the return on investment is 25 years.
The average sales price of housing in Esenyurt is 2.075 TL, the average housing price is 225.000 TL, and the average return on housing investment is 19 years.
In Sultangazi, which has recently become popular with investment projects, the average housing price is 2,375 TL, the average housing price is 260,000 TL and the return period is 21 years.
In Bağcılar, the average sales price on houses per square meter is 2,900 TL, the average housing price is 325,000 TL, and the return on housing investment is 17 years.
On the Asian side of Istanbul; Kadıköy, which is close to the European side and due to the increasing ease of transportation by metro and proximity to areas such as Acıbadem and Bağdat Street, it is one of the most popular regions of the Anatolian side in terms of real estate investment. Due to the urban transformation featured with the branded housing project, the average housing price reached up to 7.500 TL / m2 which places this district in the fourth rank after Beşiktaş, Sarıyer, and Bakırköy. The average rent in Kadıköy is 2,754 TL and the return on investment is 31 years
Housing sales prices in Çekmeköy, which stands out with housing projects, vary between TL 2,825 / m2 and 4,150 TL / m2 on average. The average housing sales price of 3,000 TL / m2 where the average return period of housing in the district 24 years. Çekmeköy is one of the most popular regions of the Anatolian side in terms of real estate investment with its 3rd bridge connection roads, Üsküdar-Çekmeköy, metro line, and North Marmara Highway.
The average price of housing in Ataşehir is 4,725 TL, the average rent is 1,919 TL, and the return on investment is 24 years. The development of Ataşehir started with housing projects. Particularly due to housing projects in Western Ataşehir, high-value increases were observed in the region. Recently, there has been an increase in both commercial and residential projects with the construction of the Finance Center.
Due to the ongoing construction of the Financial Center and the Üsküdar-Ümraniye-Çekmeköy metro line, real estate prices in Ümraniye have been increasing regularly for the last 3 years. The average housing price in Ümraniye is 3,675 TL / m2, the average rent is 1,581 TL and the return on investment is 23 years. The completion of the Financial Center and the construction of the metro line close to the area will increase the value of the region.
The importance of Sancaktepe has also increased due to its connections to Sabiha Gökçen Airport, TEM highway, and TEM-Kartal connection road. Sancaktepe, which is located between the two end-points on the Anatolian side of the North Marmara Highway, is claimed to increase interest in residential and commercial areas. The average housing price in Sancaktepe is 2,600 TL / m2, the average rent is 1,393 TL, and the return on investment is 20 years.
Due to the ease of transportation in the last few years, Sultanbeyli became popular with an average square meter sales price of 2,600 TL, an average housing price of 295,000 TL, an average return on investment of 20 years. House prices range from 230,000 TL to 380,000 TL.
In Pendik, Kurtköy, which stands out with its housing projects addressing middle and lower-income groups as well as villa type residences; in this district average residential square meter sales price of 2.900 TL, average housing price 325.000 TL, the average return on investment of housing 23 years.
As a district of Kartal has proximity to Istanbul Anatolian Court of Justice and there are public investments in the region such as mass transportation projects, the district registered the highest value increase in the last three years. According to the market data, the average housing 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.