What are the most important real estate areas benefiting from the new Istanbul airport and what is its impact on them ??

Created: 2021-02-09
Last Updated: 2024-07-05
Views: 7074

Content Index

What is the impact of Istanbul Airport on real estate and what are the affected areas?
The increase in the value of real estate in other areas of Istanbul:
The impact of Istanbuls new airport on Esenyurt:
The effect of Istanbul Airport on the Basaksehir area:
Facilities Provided by the New Istanbul Airport

The impact of Istanbul's new airport on its neighboring areas

It was expected that Istanbul's new airport would have an impact on all housing projects and real estate projects connected to it or neighboring it, leading to a significant increase in real estate prices, affecting the real estate market in a positive way.

What is the impact of Istanbul Airport on real estate and what are the affected areas?

Simultaneously with the launch of flights from Istanbul's new airport, with its tremendous capabilities and dazzling coordination, its positive effects began to appear on all the surrounding sectors, which are effects befitting its capabilities and size as the largest airport in the world and the most important global air terminal.

There is no doubt that the real estate sector is the most beneficiaries of the effects of Istanbul Airport on it, especially in its neighboring areas, such as Basaksehir, mainly due to its proximity to it and the exemplary architectural renaissance that this area in particular is going through.

The effect of Istanbul airport on real estate

According to the data of the real estate statistics site "Endeksa.com", real estate sales during the past year showed an increase of 0.22% in prices within the Arnavutkoy area and its vicinity, due to its close proximity to the new Istanbul airport, and the increase in the rental value of real estate in the same area was noticed at a peak of up to To 3.85%.
The price per square meter in the Arnavutkoy area reached about 2227 Turkish lira, while the average price of houses in it reached “1000” Turkish liras, and it is one of the areas in which the estimated investment age of the property is: 25 years.

The increase in the value of real estate in other areas of Istanbul:

The impact of Istanbul's new airport was not limited to the Arnavutkoy area only, but its influence extended to all areas adjacent to it, close to it, or even easily accessible through it, for example, the Buyukcekmece district, which benefited from Istanbul's new airport with:
- Real estate prices increased by 8.95%
-Increase in rental income by 4.58%
- The price per square meter in it reached 3,150 Turkish liras
-The average rent for houses in it reached 1,364 liras
- The estimated age of the investment property has reached 27 years

The impact of Istanbul's new airport on Esenyurt:

One of the most important areas affected by the new Istanbul airport is the Esenyurt area, due to its easy accessibility through it, and Esenyurt has benefited from the new airport with:
- Increase in real estate prices within it by 8.33%
-Increase in rental income by 20.85%
-The average price per square meter, including 2243 Turkish liras
- The average home rental price reached 960 inheritance pounds
- The estimated age of real estate investment in Esenyurt is 20 years

The effect of Istanbul Airport on the Basaksehir area:

While Basaksehir was one of the areas most benefiting from Istanbul's new airport, it is the closest to it !!
As she benefited from:
- Increase in real estate prices by 7.94%
-Increase in rental income within it by 7.32% -
The average price per square meter in it reached 3496 Turkish liras
-As for the average house rent, it reached 1,600 Turkish liras
- Estimated age of real estate investment in Basaksehir (26 years)

The effect did not stop at those areas only, as changes and increases in property rates and prices took place in many other important areas, such as Bahcesehir and Espartakule, as well as Beylikduzu.
The following is a table showing the numbers related to the real estate impact of the areas surrounding the new Istanbul Airport:

area	Average price per square meter is in Turkish lira	Average house prices in the area are in Turkish Lira	Average rent homes in the area ( Turkish lire )	The recent percentage of the annual change in the price of real estate in the area	The recent percentage of the annual change in the rental price in the area	The estimated age of real estate investment in the region
Arnavutkoy	2227	233.835	800	0.22%	3.85%	25 years
Ayoub	3634	363.400	1974	-2.19%	1.10%	18 years
Chatalja	2600	364.000	794	7.90%	3.84%	27 years
Buyukcekmece	3150	456.750	1364	8.95%	4.58%	27 years
Esenyurt	2243	224.300	960	8.33%	20.83%	20 years
Basaksehir	3496	471.960	1600	7.94%	5.84%	26 years
Sultan Ghazi	3701	425.615	1710	-5.58%	6.65	22 years

Facilities Provided by the New Istanbul Airport

There are many facilities that the new Istanbul Airport has, which distinguishes it from other airports around the world, becoming one of the first airports to provide these facilities so far, and they came as follows:

1. Art Exhibition at Istanbul Airport

There are a number of exhibitions inside Istanbul Airport, which display artworks. If you have some time, do not miss the opportunity and go to one of the galleries inside the new Istanbul Airport and enjoy seeing the various departments in the new Istanbul Airport.

There are two exhibitions, one of which shows how the construction process took place inside the new Istanbul Airport, and some pictures related to this area for all visitors.

The other exhibition is an exhibition dedicated to the works of Turkish journalist and photographer (Ara Guler). You can also visit the museum of the new Istanbul Airport, which was established in order to present Turkish culture to all travelers.

2. Dinner at the New Istanbul Airport and its unique taste!

If you take a tour inside this giant edifice (Istanbul New Airport) you will find around you an endless group of restaurants and cafes that have been established at the highest levels of world class, which have been equipped to serve passengers.

For example, Starbucks, Poppies, Gloria Jane and Burger King, which are one of the most famous brands in Istanbul New Airport.

3. New Istanbul Airport lobby

If you love to take a break in the middle of the day, be ready to relax in the lobby of the new Istanbul Airport!

One of the most striking things inside this giant edifice is the size of the vast halls and the beautiful lobby located in the New Istanbul Airport.

The lobby is the preferred place to relax, especially for all customers who travel from one place to another via flights.

The most important feature of the travelers' relaxation places located in the new Istanbul airport, is the availability of a large number of food and drinks served to customers in addition to the huge numbers of comfortable sofas inside the lobby, on which you can relax until your time comes, and then you can order your favorite drinks from the cafes located within this airport, making you enjoy spending a few minutes, during which you can replenish your energy before starting on your journey.

4. Shopping inside the New Istanbul Airport

The new Istanbul airport was not satisfied with providing restaurants, cafes, resting places, and children's amusement parks, but also gave great attention to the establishment of malls that achieve easy and cheap shopping inside New Istanbul Airport.

Where there are several stores such as Free Shop or Duty Free, which contain international products at lower prices than other stores that sell the same goods.

Not only that, but there are many watches, perfumes, electronics, women's, men's and children's clothing, jewelry and delicious foods, all of that and more available in the shops inside the New Istanbul Airport, which do not need to pay taxes for.

5. Children's playgrounds

The new Istanbul airport did not forget the children, so it provided them with their needs of toys if your child feels as bored while you are relaxing, shopping or reading a book.

At Ramzy Real Estate Company, we are glad to accompany you on the journey of buying property in Turkey and to provide you with a range of services to make the process smooth and easy , as we are always keen to present a variety of options for residential and investment properties in addition to helping you obtain Turkish citizenship for those looking for it.
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