Crazy projects also insulted land prices

Crazy projects have also plunged out land prices: plots around many mega projects ranging from bridges, airports, canals and tunnels to 100 to 250
Turkey's mega projects in the area of ​​land and house prices almost flying. The first phase of the new airport project, one of the largest investments in the history of the Republic and covering a construction area of ​​76 million 500 thousand square meters, is aimed to be put into service in 2018. With the airport to be built between Akpınar and Yeniköy villages with an area of ​​7 hectares at the Arnavutköy-Göktürk-Çatalca junction, close to the Terkos lake on the Black Sea coast, the region to be valued is high. The last 700 years, particularly Arnavutkoy and Catalca districts with interest and assess rising prices, depending on the interest Keller Williams Country Director for Turkey Emre Erol, "the new airport work while a hand rail link project have been taken necessary steps. With the project cost announced as 2 billion 4 million 845 thousand TL and consisting of 600 stations, the transportation between the city center and the airport will be reduced to as little as 13 minutes. Prices in the region will increase in parallel with the development of the public transportation network. Before the new airport project started to be talked about, the land prices in the region, which find buyers from 30 TL per square meter, are now up to 80-250 TL. Emre Erol said, “There is an increase of 300 to 30 percent in Tayakadın, Yeniköy, Durusu Lake and Karaburun locations in Arnavutköy. Catalca is also one of the districts valued. While the square meter prices were around 50 TL in the last October, it has now increased to 1.500 thousand TL. It is probable that these increases will continue, demand will increase and Istanbul will continue to expand ”.
4 MILLION PEOPLE WILL MOMENT
Emphasizing that the area around the new airport project is now used as a field in the title deed, Emre Erol said, “The regions around the project are planned to be developed in time. 325 million people are expected to reside in the new cities to be built on 4 thousand decares of land, where zoning permits are expected to be obtained. There will be not only housing but also hotel, office, shopping center, industrial and logistics investments in the region. We can say that investors from Saudi Arabia, Lebanon, Qatar and Kuwait are interested, ”he said.
THIRD BRIDGE FLOATING SENTING PRICE
RE / MAX Turkey Gökhan Karahan Head of Operations, said that the increase in housing will continue, "sale real estate prices rose an average 22 percent a year in Istanbul. Increases in real estate are due to mega projects. Prices in Silivri have increased by 29 percent in the last year. For Kanal Istanbul, eyes are once again on Silivri. Another district that gains value is Şile. Real estate prices in Şile increased by 28 percent on average in the last year. Şile became an investment area depending on the construction of the 3rd bridge and connection roads ”.
OSMANGAZI BRIDGE INCREASES 150 PERCENT
Cansel Turgut Yazıcı, General Manager of Eva Gayrimenkul Değerleme, said that there is a serious dynamism in the villages of Yalova and Bursa, and that the connection road up to İzmir, which will be completed in 2019, will create an increase in value in the lands around Manisa and İzmir. The square meter price of the land in Bursa and Yalova was 200 TL, in Gebze 150 TL, in Balıkesir 45 TL and in Manisa 35 TL. Stating that the real estate sector in Yalova has also gained momentum, Yazıcı said, “The region has been in an increasing trend for 3 years and the land prices in the region have increased more than 100 percent. "Housing prices have increased nearly 5 percent in some regions in the last 100 years."

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