Real estate investment in Kadikoy

Real estate investment in Kadıköy, as in Turkey in general, has witnessed great prosperity and rapid growth in recent decades, especially in Istanbul, due to its distinguished geographical location, mild climate, and charming nature, and the attention of many Turkish or foreign investors is directed to investing in the real estate field in the areas of Istanbul, and in this article we will highlight one of the most important areas of Istanbul, which is the Kadikoy area, and talk about the present and future of real estate investment in it.

Information about real estate investment in Kadıköy

Kadıköy area sits on a geographical area of 41 square kilometers in the northern part of Istanbul near the Bosphorus Strait and overlooks the Marmara Sea, and this area enjoys a privileged location, a pleasant climate, and a charming and attractive nature, and its features vary, as it contains heritage buildings and archaeological monuments, in addition to modern buildings that are characterized by their unique designs and distinctive decorations, and are also characterized by their narrow pebble streets, which are a source of attraction for tourists.

The population of Kadıköy is about half a million Turkish residents and is also inhabited by hundreds of foreigners, Arabs and others, so it is a great destination for foreigners who go to Turkey for the purpose of studying, working, tourism or investment.

There are many distinctive landmarks in this area, the most famous of which are Baghdad Street, Umbrella Street, and the Toy Museum, and this area is one of the vital areas full of activity, as the movement of people is almost uninterrupted day or night, and in terms of public facilities and services, this area does not lack anything of basic services, as it has a developed transportation network, hospitals, educational centers, shopping centers, and other components, as well as its charming view of the Marmara Sea, which made it a destination for housing and real estate investment in Turkey.

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Kadıköy Real Estate Market

The real estate market in the Kadıköy area is described as active due to the large and renewed movement in buying and selling in this region and because of the great demand that this region has witnessed to buy real estate in the recent period, real estate prices have increased by a small amount compared to the rest of Istanbul, and not only the buying and selling market is the market that witnessed the movement of prosperity and rise in prices, but the rental movement was affected by the wave of high prices, as the demand for residential rent and shop rent is not less than demand for buying and selling, Kadıköy is witnessing many real estate projects under construction that are characterized by unique designs, modern decorations, and a strong and solid infrastructure.

Real Estate Investment in Kadıköy

Investment in the real estate field within Turkish territory in general and in Istanbul in particular is a promising and profitable investment, and the attention of Turkish and foreign investors is directed to the areas of Istanbul because of its geographical location that connects the continent of Asia with the continent of Europe, the mild climate and the charming nature, and the Kadıköy area is one of the vital areas in Istanbul, as it enjoys a high population density and has all the necessities of life from basic services, transportation and public facilities, in addition to schools, universities, popular commercial markets and malls The large luxury that contains the most famous international brands and brands, all these factors prompted people from inside and outside Turkey to search for an apartment or house to live in this area or search for a shop to invest in it, as it is one of the vital areas with active commercial movement.

Advantages of real estate investment in Kadıköy

Living in Istanbul is a dream for many people, and in Istanbul there are many areas, each of which has many characteristics and features that are factors that attract tourists and investors to this area, and the Kadıköy area also has the ingredients and features that make it a distinctive attraction point for living or investing in real estate, and these features are:

• Being a lively area teeming with people and uninterrupted tourist traffic.
• The presence of popular and archaeological neighborhoods in addition to luxurious buildings and modern urban features.
• Being a commercial area par excellence, it contains popular markets and many branches of international brands and brands.
• The presence of many parks, cinemas, sports clubs, and various entertainment events.
• The presence of an advanced network of transportation that connects it with the rest of the Turkish regions and cities.
• Its charming view of the Marmara Sea and the presence of a seaport in it.

Factors Affecting Real Estate Prices in Kadıköy

The Kadıköy area is of great interest to investors in the real estate field due to the great demand from people from inside and outside Turkey to buy or own a property in this area, whether for housing or trade, and the real estate market in this region is described as active and vital, and there are many factors that determine real estate prices in general and apartments in particular in this region, including:

• The total area of the property or apartment, where the price of the property increases with its total area.
• The property is close to shopping centers, commercial and entertainment events, metro stations, and transportation centers.
• Apartments overlooking the Marmara Sea have higher prices, especially the upper floors.
• Shops on Baghdad Street or other well-known markets are more expensive than in other areas.
• Building infrastructure, durability, interior and exterior design, decorations, equipment and various services.

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Apartment prices in Kadıköy

• The prices of apartments and other real estate in the Kadıköy area vary based on the factors that we mentioned to you in the previous paragraph, and the following we show you an overview of the prices of apartments in one of the residential complexes in the Kadıköy area:
• Two-room apartment with a total area of 60 m² has an approximate price of 4,718,000 TL.
• A two- or three-room apartment with a total area of 110 square meters is priced approximately 9,148,000 TL.
• A three- or four-room apartment with a total area of 200 square meters is priced approximately 16,632,000 TL.
• A four- or five-room apartment with a total area of 250 square meters is priced approximately 34,203,000 TL.

Thus, we have reached the conclusion of our article on real estate investment in Kadıköy, in which we got acquainted with one of the most prominent areas of Istanbul, which is the Kadıköy area, and we learned about the state of the real estate market in this region, the most important features it enjoys, the advantages of real estate investment in it, and the factors affecting the real estate market through the prices of some apartments in it.