3 districts in Istanbul achieve the highest investment value for real estate in them

Besiktas, Sariyer, and Kadikoy are the most valuable real estate areas in Istanbul.

3 districts in Istanbul achieve the highest investment value for real estate in them
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2022-07-06 Last update 2022-07-06

3 districts in Istanbul achieve the highest investment value for real estate in them

Besiktas, Sariyer, and Kadikoy districts in Istanbul are the most valuable

While the increase in apartment prices continues in Turkey in general and in Istanbul in particular, which ranks first in terms of real estate activity in the country, it arouses everyone's curiosity to know which areas have increased in real estate value and which are the highest investment value.

According to statistics conducted by the Endeksa real estate appraisal website in May of this year, which showed the ten most valuable investment areas in Istanbul, Besiktas, Sariyer, and Kadikoy were the valuable areas in Istanbul.

According to the announced data, Besiktas, Sariyer, and Kadikoy emerged as areas where the average selling price per square meter reached the highest value, as the average price per square meter of apartments in Besiktas became 50,838 TL, and thus the average price of the apartment reached 7,778,214 TL.

While the average price per square meter for apartments in Sariyer, which ranks second after Besiktas, was 49,018 TL, bringing the average apartment price to 7,401,718 TL.

Kadikoy came in third place, as the prices of apartments in it increased by 186% from last year, and the average price per square meter of apartments became 35,483 TL, and therefore the average price of the apartment reached 4,754,722 TL.

The following table shows the top ten areas in Istanbul by real estate investment value, according to Endeksa real estate website data:

Sales values ​​in ten regions with the highest investment value in Istanbul

Area name

Average price per square meter for May 2022 (TL/m2)

Average apartment price for May 2022 (TL)

Annual increase percentage (%)

Average investment life of the apartment (years)

Marketing period (day)

Amount of real estate inventory (apartments)

Beşiktaş

50.838

7.778.214

188,64

29

74

6,518

Sarıyer

49.018

7.401.718

184,41

26

70

11,677

Kadiköy

35.483

4.754.722

186,11

32

60

20,267

Bakırkoy

34.289

4.903.327

172,09

30

74

6,275

Beykoz

29.404

6.468.880

146

36

84

2,023

Şişli

26.656

3.065.440

259,39

16

69

8,531

Adalar

26.270

3.598.990

133,18

18

93

488

Beyoğlu

22.143

2.236.443

231,93

13

71

2,880

Ataşehir

21,616

2.464.224

267,87

19

61

5,933

Üsküdar

21,489

2.621.658

244,93

25

64

8,452

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Edited by Imtilak Real Estate ©

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Sources
Endeksa
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