New subway of European side increases real estate prices in the region

The new subway of the European side increased real estate prices in the region at once: Bağcılar - Başakşehir - Olimpiyatköy metro line on the European side of Istanbul, which was opened by Prime Minister ERdoğan on July 7, mobilized the real estate prices in the region. Prices for apartments in Küçükçekmece have increased by 38 percent, and prices for rental apartments in Bağcılar have increased by 23 percent.

According to the data in statement, the highest increase in the prices of apartments for sale took place in Küçükçekmece. The average price of apartments for sale in the district, which was 2012 thousand lira in 185, increased by 2013 percent in 38 and reached 255 thousand liras, followed by Bağcılar with an increase of 19 percent.

In Bağcılar, where the number of rental apartments increased by 2012 percent compared to 60, the rental property price rose by 23 percent and reached an average of 800 liras. Küçükçekmece, which saw a 22 percent increase in rental apartment prices, was the most expensive district of the metro route with an average rental price of 1000 liras.

In another district of Esenler, where the number of rental flats increased by 47 percent, the prices of rental flats in Esenler increased by 14 percent, while in another district of Başakşehir, rents increased by 6 percent.

Source : I



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