Gayrettepe-İstanbul Airport Subway line is effecting real estate prices in 5 areas!

Gayrettepe-İstanbul Airport Subway line is effecting real estate prices in 5 areas!

Gayrettepe-İstanbul Airport Subway line is effecting real estate prices in 5 areas!

Gayrettepe-İstanbul Airport Subway line is effecting real estate prices in 5 areas! Firstly, real estate prices are increasing in Beşiktaş,Şişli,Kağıthane,Eyüp and Arnavutköy where the new metro line will be.
Metro line that will be conencting the airport to the city center will start to operate in 2 stages. One in 2019 and the other one is 2021.The line will be about 70 km long. It will pass through Başiktaş,Şişli,Eyüp,Arnavutköy and Kağıthane.

Aproximate house price in Beşiktaş is 1.328.860 TL!

Firstly, according to the current data of Indexa, which covers the districts where the metro line will pass, the gross area of houses for sale in Beşiktaş with average values is 130 square meters, the price per unit square meter is 10.222 TL, the house price is 1.328.860 TL, and also, the average return on investment is 35 years. According to the distribution by housing type, the average price of 1 + 1 in Beşiktaş is 567,560 TL, gross area is 70 square meters and return period is 27 years; 2 + 1s 726.570 TL, gross area 90 square meters, return period 29 years; 3 + 1s 1.415.820 TL, gross area 140 square meters, return period 36 years; 4 + 1s 4,513,520 TL, gross area 220 square meters, return period 60 years.
Secondly, Besiktas is expected to increase by 0.1 percent in the next 6 months. According to the annual averages, the neighborhoods that gained the most value in housing in Besiktas as of the end of April 2019 are Dikilitaş, Etiler, Ulus, Levent, Akat and also, Nisbetiye. When the depreciation periods are taken into consideration, as of the end of April 2019, the districts with the fastest returns in the district are Sinanpaşa, Sinanpaşa, Yıldız, Türkali, Muradiye and Abbasağa.

Average price in Şişli 545.000 TL

The gross area of ​​the houses for sale in Şişli with average values ​​is 100 square meters, the unit price is 5,450 TL. The price of the house is 545,000 TL, and also, the average return on investment is 24 years. According to the distribution by housing type, the average price of 1 + 1s in Beşiktaş is 374.408 TL, gross area is 68 square meters and return period is 19 years; 2 + 1s 460.620 TL, gross area 90 square meters, return period 24 years; 3 + 1s 755.430 TL, gross area 130 square meters, return period 29 years; 4 + 1s 1.142.400 TL, gross area 170 square meters, return period 28 years.
Şişli is expected to increase by 0.72 percent in the next 6 months. In terms of annual averages, the neighborhoods that gained the most value in housing in Şişli by the end of April 2019 were Harbiye, Mahmut Şevket Paşa, Cumhuriyet, Merkez and also, Halide Edip Adıvary. When the depreciation periods are taken into consideration. it is stated that the districts with the fastest return in the district as of the end of April 2019 are Kuştepe, Yayla, Mecidiyeköy, İnönü and also, Gülbahar.

Average price in Kağıthane 321.291 TL.

The average gross value of the houses for sale in Kağıthane is 87 square meters. According to the distribution by housing type, the average price of 1 + 1 in Kağıthane is 259,350 TL, gross area is 65 square meters and return period is 20 years; 2 + 1s 318.240 TL, gross area 85 square meters, return period 23 years; 3 + 1s 429,480 TL, gross area 120 square meters, return period 24 years; 4 + 1s 474.267 TL, gross area 145 square meters, the return period is 24 years.
Kağıthane is expected to increase by 0.25 percent in the next 6 months. As of the end of April 2019, Seyrantepe, Yeşilce, Telsizler, Hamidiye and Şirintepe are the neighborhoods that have gained the most value in housing in Kağıthane. When the depreciation periods are considered, as of the end of March 2019. The neighborhoods with the fastest returns in the district were Telsizler, Yeşilce, Hürriyet, Seyrantepe and also, Şirintepe.

The average return period in Eyüpsultan is 18 years.

The gross area of houses for sale in Eyüpsultan with average values is 100 square meters. The unit price is 3.634 TL, the house price is 363.400 TL, the average return on investment of the house is 18 years. When the distribution by type of housing is considered, the average price of 1 + 1 in Eyüpsultan is 232.034 TL, gross area is 68 square meters, return period is 13 years; 2 + 1s 313,560 TL, gross area 90 square meters, return period 21 years; 3 + 1s 543.312 TL, gross area 132 square meters, return period 21 years; 4 + 1s 838.992 TL, gross area 180 square meters return period 20 years.

The average gross value of the houses for sale in Arnavutköy is 105 square meters, the price per unit square meter is 2,222 TL. The house price is 233,835 TL, and the average return on investment is 25 years. When we look at the distribution by housing type, the average value of 1 + 1 in Arnavutköy is 158.760 TL, gross area is 73 square meters and return period is 21 years; 2 + 1s 218.120 TL, gross area 95 square meters, return period 27 years; 3 + 1s 294.250 TL, gross area 125 square meters, return period 28 years; 4 + 1s 366,350 TL, gross area 170 square meters.

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SalePropertyTurkey

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