Land prices in Arnavutköy flew with the new airport and the third bridge: How much have the land prices reached in Arnavutköy, where foreign investors are looking for land everywhere?
The fate of land owners in Arnavutköy has changed completely in the last 1 year with two projects. The land prices that took off with the third (new) airport and the Third (Yavuz Sultan Selim Bridge) Bridge enriched the land owners.
In some areas of Istanbul's Arnavutköy district, where foreign investors are looking for land for cheap, square meter prices even compete with one of Istanbul's most valuable streets, Bağdat Caddesi.
But of course, the land opportunities in Arnavutköy are still not over.
Land experts from Kuwait, Qatar, Uzbekistan, Suudia Arabia, Lebanon, such as land investors in recent days in the district began to show a lot and the real estate agents are looking for land on the plot.
ARNAVUTKÖY LAND WHAT?
So how much were the land prices in Arnavutköy?
In the last 1 year, land prices in Arnavutköy have increased by around 50 percent on square meter basis.
However, according to the advertisements of those who sell land from the owners in Arnavutköy, there are still many new land opportunities between 200-300 TL per square meter.
For example, in Boyalık Village, one of the most central points of Arnavutköy, the sales price of a 5-decare plot is around TL 320 million from TL 1.5 per square meter.
A similar size land in Arnavutköy Merkez Mahallesi reaches up to 5200 TL.