What is of interest is the reason for this popular rise in Istanbul real estate prices in the vicinity of the new airport, is it a result of economic development that enhances the attractiveness of investment in it? Or is it the result of new infrastructure expansion and services that are becoming available? The impact of the new airport may have an important role in this transformation, as the airport is an important nerve center for the city and a vital center for international transportation and communication, so let's find out the reasons for the high real estate prices in Turkey near the new airport, read on.
Factors that contributed to the rise in Istanbul real estate prices in the vicinity of the new airport
1. With the construction of the new Istanbul Airport, the infrastructure in the surrounding area has been improved, resulting in the development of roads and public transportation and this increases the accessibility of the area and makes it an attractive place to live and invest in real estate in Turkey.
2. With the expansion of the airport, the area witnessed great development in the real estate scene, as a group of luxurious and diversified real estate projects were established in this area, such as residential apartments and integrated residential complexes, which enriched supply and attracted demand.
3. The new airport area represents a new and exciting investment opportunity for investors, whether from home or abroad, as interest in the rapid development of the region may lead to an increase in demand for Istanbul real estate, which raises its prices.
4. With the expansion of the area and the stability of its population, the available services and facilities increased, such as schools, hospitals, and commercial and entertainment centers and this enhances the area's attractiveness to families and individuals looking for a comfortable life and integrated facilities.
5. With the expansion of airport-related development projects, the region provides promising job opportunities and stimulates economic growth, which in turn attracts residents and immigrants from other regions, which leads to an increase in demand for Istanbul real estate and an escalation in prices.
6. The new Istanbul Airport is a hub for urban expansion, which contributes to the development of the surrounding area and this expansion includes the development of facilities, infrastructure, and services, thus raising the overall attractiveness of the area.
Areas near the new airport perimeter
Below we will learn about the most prominent areas located near the new airport:
Basaksehir:
Basaksehir , which is located on the European side of Istanbul, has gained fame as the "neighborhood of the rich Arabs", as newcomers from foreigners prefer to choose it as a primary destination for residence and this region is experiencing rapid and growing developments, which increases its attractiveness as the future center of Istanbul, especially with the imminent completion of the ambitious Istanbul Canal project.
Istanbul's new airport has positively affected all sectors in Basaksehir, especially the real estate market, as it is the area most affected by the construction and opening of the airport, real estate prices in Istanbul have increased significantly, especially the prices of apartments in Basaksehir, not only that, but
also the prices of lands located on the outskirts of Basaksehir, as these areas witnessed an increase in value. This is due to the increasing demand and the desire of investors to build various real estate projects, from villas to apartments and houses, and the region's geographical location, along with its proximity to city centers, reinforces their desire to invest in this strategic area.
Arnavutkoy:
Arnavutkoy is among the important areas near Istanbul Airport, as it provides a wide range of basic services and recreational facilities, which makes it an ideal choice for real estate investment in Istanbul, these areas include a variety of residential and commercial options and this provides investors with promising opportunities to achieve rewarding investment returns and the area combines the aesthetic appeal of the landscape and the provision of integrated services, making it a preferred destination for those looking for quality and comfort in their real estate investment.
Buyukcekmece:
Büyükçekmece district is one of the wonderful coastal areas in Istanbul, as it is characterized by its natural beauty and its presence on the shores of the Büyükçekmece tourist lake and its stunning view of the Sea of Marmara, and in addition, Büyükçekmece enjoys a distinguished strategic geographical location, as it is located between the E80 and E5 highways, which makes it one of the main areas near Istanbul Airport, through which real estate investments in Istanbul can be started, as Büyükçekmece covers an area of about 196 square kilometers.
Esenyurt:
Esenyurt is located in Istanbul, and it is bordered to the south by the main E-5 highway it is considered an important part of Istanbul's European regions, and is one of the privileged areas near Istanbul's new airport, as it is located only about 45 kilometers from the airport, which makes it an excellent destination for real estate investment and investment attraction and thanks to its ideal location near Istanbul Airport, Esenyurt is a prime investment option among the real estate options near the airport.
Experts' predictions about Istanbul real estate prices in the vicinity of the new airport With expectations based on the analysis of economists and real estate specialists, real estate prices in areas near Istanbul Airport are on the rise and this trend is reinforced by the improvement of the amazing infrastructure in the vicinity of the airport, in addition to the distinctive and luxurious characteristics of the properties located near Istanbul Airport.
Despite the positive prospects indicating a rise in real estate prices in the areas surrounding the airport, it still represents a preferred option for many investors wishing to buy a property in Istanbul with Turkish citizenship and a Turkish passport and remains an ideal investment option for those seeking to benefit from a successful opportunity in the European real estate sector and these areas combine investment factors and tourist attractions, making them an exciting and promising option for those looking to successfully invest in real estate with guaranteed investment value and high tourism importance.
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