5 Districts That Can Be Buy A House At Affordable Price In Istanbul

5 Districts That Can Be Buy A House At Affordable Price In Istanbul

Istanbul is the most crowded city in Turkey. It's everyone' dream to buy a house in this city. However, rising housing prices are pushing the budget of people who want to buy a house.

Particularly in the old districts of Istanbul, housing prices have risen considerably, while developing districts are able to have affordable housing.

The interest of public banks to extend their housing loan interest rates to 0.99 percent monthly and extend their maturity to 180 months, has triggered the demand for housing that has been waiting for a while. In the search for affordable and affordable housing, the most affordable houses are located in Esenyurt and Arnavutkoy.

According to the survey of real estate data analysis platform Indexa, which deals with housing prices according to the districts of Istanbul, the lowest-priced housing in the city is Esenyurt, where the average square meter price is 2.209 TL. In this area, Esenyurt is followed by Arnavutköy with 2.240 TL, Silivri with 2. 300 TL, Beylikdüzü with 2.322 TL, Sancaktepe with 2.350 TL, Sultangazi with 2.370 TL, Sultanbeyli with 2.409 TL and Sultanbeyli with 2.493 TL.

Catalca 2.596 TL in the average square meter prices in the house, while Esenler 2.778 TL, 2.851 TL in Pendik, Bagcılar 2.867 TL, 2 thousand 881 TL in Cekmekoy, 2 thousand in Gungoren 965 TL, 2 thousand 984 TL in Tuzla, 3000 TL in Gaziosmanpasa, 3088 TL in Bahcelievler, 3.125 TL in Buyukcekmece, 3.387 TL in Kartal, 3.446 TL in Umraniye, 3.497 TL in Bayrampasa is changing.

The average square meter value of 2 + 1 housing demanded by low-income citizens may vary according to the average square meter prices of all types of dwellings. However, the average price of 2 + 1 square meters in the average price of 1974 TL is seen in Esenyurt.

Esenyurt is followed by Beylikduzu with 1995TL, Silivri with TL 2.208, Arnavutkoy with 2.257TL, Avcılar with 2.355TL, Sultangazi with 2.375TL, Sancaktepe with 2.456TL, Sultanbeyli with 2.542TL, Catalca with 2.680TL.

In residential districts of Istanbul, it is seen that 2 + 1 housing prices are higher than average, as the housing square meters are larger than the central districts.  

1) Esenyurt

Esenyurt is one of the developing districts of Istanbul. It is one of the regions where real estate developers show great interest. Esenyurt, where numerous housing projects are implemented, is the district with the lowest price per square meter of housing for sale in Istanbul. For this reason, it is one of the first choices of those who want to own a cheap house in Istanbul. While the average housing square meter prices in Esenyurt are 1,947 TL, the recycling time on housing investment is 16 years. The average price of a 100 square meter house in this region varies between 146.000 TL and 243.300 TL.

2) Beylikduzu

Beylikduzu draws attention with its regular urbanization and proximity to universities. It is one of the choices of people who want to invest at affordable housing. In Beylikduzu, average housing square meter prices are 2.288 TL, while the average price of a 100 square meter house is between 171,610 TL and 286,000 TL. As the region is close to many universities, it attracts the attention of those who are considering to invest in housing. The recycling time on housing investment of Beylikduzu is 18 years.  

3) Sancaktepe

It is one of the developing districts of Istanbul in recent years. Sancaktepe stands out with its rapid rise in real estate. In the region where branded housing projects are implemented, average square meter housing prices for sale are 2.428 TL, while apartment prices vary between 182.133 TL and 303.600 TL. Sancaktepe's housing investment recycle time is 16 years.

4) Arnavutkoy

Arnavutkoy stands out with its third airport and Canal Istanbul projects. It is one of the most valued districts of recent years. In addition, it is still possible to find apartments for sale at an affordable price in the district. While the average square meter prices in Arnavutkoy district are 2. 205 TL, the average price of a 100 square meters house for sale varies between 165.392 TL and 275.700 TL. The region draws the attention of people who want to invest in housing. The recycle time on housing investment of Arnavutkoy is only 23 years.

5) Silivri

It is expected to reach easily to the central parts of Istanbul by metro and metrobus lines. It is a frequent destination for people who want to buy a house at an affordable price. The average price of housing for sale in Silivri is 2.408 TL, while the average price of a house for sale of 100 square meters varies between 180.613 TL and 301.000 TL. The residential investment recycle time of the region is 22 years.

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