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What are the most important real estate areas benefiting from Istanbul's new airport?
It was natural and expected that the new Istanbul airport will have an impact on all associated investment projects and real estate construction,
leading to a significant rise in property prices, and affecting the real estate investment market before others.


Istanbul airport affects real estate prices as a major in four regions

With the start of the new Istanbul Airport and its enormous capacity, it began to show its positive effects on all sectors surrounding it
or related to its field of work, befitting its capacity and size as one of the largest air stations in the world.

There is no doubt that the real estate sector is one of the important sectors that this airport has had a significant impact, especially in the vicinity of the airport in the city of Istanbul, as evidenced by the prices of houses in Basaksehir 2019.

According to the data of the real estate statistical
Last year property sales showed a 0.22% increase in property prices near Arnavutkoy near Istanbul's new airport.

Rents for homes in the same area also increased by 3.85%,

The price per square meter in the Arnavutkoy area averaged 2227 TL.

The average rent for the house was 802 TL. It is one of the areas where the estimated investment age of the property is 25 years

Increasing the value of real estate in the vicinity

The airport's real estate impact was not limited to Arnavutkoy alone
it also had a positive impact on all its neighboring areas and some of the most important areas of Istanbul. The increase in property prices in Büyükçekmece area last year was 8.95%, while house rents increased by 4.58%, with an average price per square meter of 3150 TL.
Also, the average rent of the house is 1364 TL, and the estimated period of investment life of the property is 27 years.


One of the areas where the impact of Turkey's new airport has reached is Esenyurt,
where it was one of the areas affected by Istanbul airport because of its proximity.
The increase in real estate prices in Esenyurt last year was equivalent to 8.33%.
Rents increased by 20.85%, with the average price per square meter in Esenyurt 2243 TL, the average home rent in which 960 TL and the estimated age of real estate investment in Esenyurt 20 years.

Basaksehir was one of the areas where real estate was clearly affected by the new airport nearby, where real estate prices increased during the past year by 7.94%, while house rents increased by 7.32%.

The average selling price per square meter in Basaksehir is 3496 TL, and the average rent of the house is 1599 TL.

The estimated investment life of the property is 26 years.

The following table shows the most important figures related to the real estate impact of all areas around the airport: