Real estate prices in some parts of Istanbul increased by almost 200%

Oct. 5, 2015

Real estate prices in some parts of Istanbul increased by almost 200%

Almost 200% - of the results achieved Istanbul during the last year in terms of growth in property prices. For example, the average cost per square meter in Bahçelievler dictrict increased by 189%. Following are dictricts Kadıköy and Arnavutköy on the European side of Istanbul, close to Ataturk Airport - 182 and 177%, respectively.

As for rent prices, the cost per square meter rent in the Anatolian side of Istanbul, on average increased by 558%, and in the European part - by 135%. 

More than 20% of consumers of the rental market in Istanbul are students. In the areas adjacent to the Universities of Istanbul, the rental price increased by 100% (on the first place is a prestigious district of Beşiktaş).

According to the materials Today's Zaman
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