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10 Regions in Istanbul that will Make the Most Profit

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Istanbul, which has become a select metropolis in the world as much as it is in Turkey is changing at lightning speed. New settlements, new districts, roads, bridges, and tunnels are being built, and transport networks are being re-established from scratch. Metros which were described as a hundred year dream are surrounding the four corners of the city. There is a construction movement in every sense and this movement is continuing at the same pace at both the center of the city and its most derelict regions. New settlements are continually being created; regions which have been used for years are not stagnant either; new centers of attraction are forever coming into play. According to the Economist, the new points of attraction in Istanbul are as follows:

1 – Basın (Press) Express Road: FACTORIES ARE MOVING AT SPEED; the famous link road Istanbul Basın Express Roadwhich introduced the plaza concept to the journalism sector is today in the middle of a fast change. Production facilities are turning into modern real estate projects one by one. There are more than 15 hotels which are currently in the process of being built. No one has any doubt that it will become a new Maslak not far from now – in just two years. Of course the infrastructure and roads situation is also making people think.

2 – Cendere Road: THE OLDEST INDUSTRIAL REGION; In fact, many of the things that can be said about the Basın Express Road are also true for Cendere. It was home to the oldest industrial plants in Istanbul. It carried a great load in this respect for many years. It is actually a very special region together with its stream and forest. The Sadabat stream located there has clean water carried to it from the sea. Roads are being built. It too will have a very modern perspective in a few years – just like the Basın Express Road.

3 – Kartal: THE BIGGEST FORTUNE OF THE COAST; the region which is a candidate to be the Levent or Maslak of the Anatolian side of Istanbul. Transport capabilities to this district have improved greatly. Due to this, there are continually new luxury homes being built on the coastal regions, while the existing ones are being renovated. Office and family concept projects stand out in particular, and the region is expected to take its place higher up in the league table in the coming years.

4 – Beylikdüzü: THE SYMBOL OF MASS HOUSING; It was in fact one of the biggest Istanbul Beylikdüzürepresentatives of the mass housing movement. At one time, when supply exceeded demand, the properties were not making anyone happy – not the seller, or the buyer, or those renting either. However, mass housing, luxury housing and shopping center investments stubbornly continued. A modern urbanization with an extreme personality was created. The only thing missing was transport. The metrobus brought with it a very important step in this respect. People are looking forward to the continuation of this with the rail system.

5 – Arnavutköy: THE CROSSOVER POINT OF GIANT PROJECTS; It was in the olden days the rural settlement area of which the question, ‘Is this Istanbul?’ was asked. With its vegetables and animal husbandry, it was an important supply point for Istanbul. It took time for the discovery that it was both so close to Istanbul and still so virginal. While the demand for land slowly increased, it became the crossover point for giant projects which would add great value not only to Istanbul but the whole of Turkey. With the zoning work being carried out, it will become a large axis of settlement in the near future.

6 – Sancaktepe: ITS IMAGE WAS NOT GOOD AT ALL; In time, leading companies such as SurYapı and Sinpaş believed in its future and started investing with just a few hundred properties. Now, the number of properties being built is in the thousands. It is among the most in demand settlement areas of all middle to upper class private sector managers in the surrounding areas.

7 – Zeytinburnu: OPEN FOR URBAN TRANSFORMATION; On the one hand, the region of the ready-to-wear garment industry and the leather industry and on the other hand a slum area. Zeytinburnu is one the districts damaged by the earthquake, and it has been opened to new projects both in the direction of the coast and the E-5 main road. In time, it is certain that there will be many more opportunities for it, in particular due to urban transformation.

8 – Bayrampaşa: DISCOVERED LATE; Bayrampaşa is actually a crossover point which took a long time to be discovered. The district is in a very central location, and waited for the developers of branded homes for many years. In the last few years, there have been many shopping centers and property projects which have triggered each other. It has opportunities also for the future due to urban transformation.

9 – Kayaşehir: EXPECTING A POPULATION OF A MILLION; the slum region of many Istanbul Kayaşehiryears. The first people that discovered it were the lower class residents of the metropolis. In time, public organisations, and in particular TOKI (the housing development administration) took interest. Its activities also drew a large number of private sector organisations. And now it is making its name heard frequently with large public projects. With the surrounding districts it will be at the center of a settlement area with a population of a million. The suitable land conditions will allow for a modern urbanization in a short time.

10 – Kurtköy: WAS NOT EVEN CONSIDERED TO BE ISTANBUL; It cannot really be Istanbul Kurtköysaid that Atatürk Airport did the same things for Yeşilköy, but Sabiha Gökçen Airport really has done a lot for Kurtköy. Kurtköy and the surrounding regions were not even considered as Istanbul until the airport came. First, the building of the F1 Track got things going in the region. However, the real golden touch for Kurtköy was the airport. Now, it is surrounded on all four sides by five star hotels with large conference halls, shopping centers, mass housing and luxury residences.