Imtilak Properties
26-05-2017

Third Airport Area is a Promising Point of Istanbul Investments

The third airport in Istanbul will be built on an area of approximately 7 thousand and 700 hectares. The land assigned to the airport will be part of the land registry. This will lead to an increase in the prices of lands near the airport, especially in the areas of Arnaotkoy and Tashatalga.

Another factor that has led to higher Istanbul real estate prices in this region is the investments being made in the area of rail transportation in the region, making the region a destination for a large number of local and foreign investors. This has also led to an increase in the prices of agricultural land near the airport, despite the lack of building permits in these areas.

The price per square meter in land where there are no building permits in the Arnaotkoy district is more than $ 1,000 per square meter.

There is almost no significant difference between the prices of lands where there are no building permits near the airport and between the lands that are slightly distant and where construction is permitted.

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