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The third airport project continues to raise prices of properties in Istanbul

: 2016-09-23 Modified date : 2019-03-16

The third airport project continues to raise prices of properties in Istanbul
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As the construction works continue at Istanbul's Third Airport, which will be the largest airport in the world, the prices of the real estates, lands, and residential units, in the surrounding area, continue to rise.

The most strategic areas for the third Istanbul airport

Mr. Ozkur Tugan, a commercial real estate expert, believes that ?i?li, Esentepe, and Gayrettepe districts will gain more importance, pushing the prices of the real estates up in a massive increase. The strategic location of ?i?li district, to the new airport, will make the airline companies and institutions take it as a center to host the pilots and the staff.  On the other hand, Gayrettepe will be the first metro station in the metro line that will be extended to the new airport, and this will play an important role in increasing the value of its properties.

Other areas that will benefit from the largest airport in the world

Property experts expect the Istanbul's Third Airport and its metro line, which will link the new airport to the centers of the city, to contribute significantly in raising the prices of real estates in the districts of Ba?ak?ehir, Küçükçekmece, Eyüp, and Arnavutköy, where the metro is planned to link these districts with the new airport on the one hand and with the important centers of Istanbul city on the other hand.

Furthermore, the experts forecast that Arnavutköy and Ba?ak?ehir are going to be important centers attracting the construction companies, willing to establish real estate and commercial projects to meet the needs that will arise as a result of the increased demand by the employees and workers at the new airport on the one hand, and the commercial companies that will need offices to practice their activities in the areas near the airport on the other hand.

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