As you move through the enchanting and peaceful atmosphere of the Bosphorus; If you pass the huge towering feet of the Bosphorus Bridge and the Beylerbeyi Palace that follows it, you will reach Cengelkoy if you proceed a little further. Cengelkoy is one of the distinguished districts of the Bosphorus. This district, which is home to the unique history of Istanbul and the blue of the Bosphorus, which everyone watches with admiration, has a unique atmosphere. With its mansions lined up one after another along the Bosphorus, and its neighborhoods offering a decent and peaceful life, this area attracts the attention of many people who are considering buying a house. Fish restaurants with unique tastes, charming and peaceful tea gardens and cafes, and peaceful bay windows create the charming atmosphere of Cengelkoy.
This district, which fascinates its visitors, encourages many people to want to buy a house in Istanbul. This region offers special, precious, and spiritual reasons for those who think of living here. There are some details for those who want to own a house in this beautiful region should pay attention to:
- Determining the budget: Decide on the net amount you intend to buy a house. This will give you the chance to act more comfortably while choosing.
- Make a pre-evaluation: After good research to find a house with features that will meet your needs in line with your taste, make a preliminary evaluation of the options.
- Housing's suitability for credit: The housing's suitability for credit means that it complies with legal standards. This should be investigated before buying a house.
- Compare the sales price with the market value: Market research should be conducted for other houses in the same region with the characteristics of the house and it should be compared with the price of the house to be purchased.
- Investigate the layout of the apartment and its surrounding: Although some regions are good in terms of location, there is a possibility of encountering some problems in the apartment or its immediate surroundings. For this reason, the immediate environment where the residence is located should be examined.
- Proximity to transportation and social life areas: Convenience in terms of transportation routes and transportation opportunities, which constitute a part of our daily time, are important features for housing. At the same time, socialization is of great importance in the life of the individual. And proximity to social living areas is one of the details that should be considered when buying a house.
- Research the investment potential: If you are considering buying a house for investment purposes, research the value of the house in the long and short term.
- Work with reliable companies: Buying and selling real estate is a business that requires care and attention. In this process, work with an expert and reliable companies. Working with reliable and experienced companies protects you against possible problems.
For Cengelkoy, a district of Uskudar the average m² price for residences is 2,300 USD. The cost recovery period for the purchased house is stated as 24 years.
What are The Price Ranges of Properties Located in Cengelkoy?
The real estate market in Cengelkoy has shown an effective increase in housing sales prices in recent months. According to the evaluations, the increase in housing sales rates in the region is expressed as 3.45%. According to the information shared in the 2023 real estate regional report;
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Neighborhood: |
Average m² price: |
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Cengelkoy |
62,000 TL (2,313 USD) |
The price may vary according to the exchange rate.
The average prices for 100 m² flats in the region vary according to the features of the house and the location it is located. On average, the selling price for a 100 m² residence in the region is 340.000 USD.
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The minimum price for a 100m² house:: |
The maximum price for a 100m² house: |
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222,000 USD |
537,000 USD |
The price may vary according to the exchange rate.
How are the Prices of Properties in Cengelkoy Determined?
As in every region of Istanbul, some factors are effective in determining the real estate prices in Cengelkoy. To express in the main headings; the first and most important title is the region and address where the residence is located. For Cengelkoy a precious region of Istanbul, the location is reflected in the price as a plus. After that comes the features of the house. Factors such as the age of the building, the facade of the flat, the floor it is located on, and the quality of the building material also affect the price of the properties of the residence. The most effective factor in determining the price in the region is the features of the house. Features such as transportation facilities, proximity to social areas, view of the house, and indoor and outdoor parking can be counted as examples of the facilities of the house. In addition to all these, the investment potential of the properties in the region also affects the housing price. The average value resulting from the evaluation of these features determines the selling price of the house.
What are the Benefits of Buying a Property in Cengelkoy?
Istanbul is a unique city that hides a different history in every corner. Cengelkoy, on the other hand, has the distinction of being a precious part of it. This region not only promises its buyers a peaceful life at the intersection of history and nature but also makes its buyers smile with its other features. The advantages of buying a property in this region for the buyer are listed as follows;
- Opportunity to live at the junction of history and nature,
- Having a B+ socioeconomic status,
- Having enough green space,
- Being within walking distance of markets, cafes, and social areas,
- Having a quiet area away from the noise,
- Easy access to public transport,
- Living in a safe area,
- Owning real estate with high investment value
The above features can be counted among the most important advantages that the residents have. Cengelkoy provides to their buyers.
What are the Features of Properties Located in Cengelkoy?
The properties in Cengelkoy have their characteristics. It is possible to see the reflection of the unique structure of the region in the properties located in the region. The general characteristics of the properties in the region can be listed as follows;
- Wide usage areas of the properties,
- Residences designed by the high living standards seen throughout the region,
- Sea view of many residences in the region,
- Proximity to popular centers of the city,
- Having a calm, quiet, and peaceful environment
- Potential with profitable potential at the investment point,
- Presence of residences with suitable features for both investment and settlement
What are the Reasons to Buy Property in Cengelkoy?
Cengelkoy, one of the districts of Istanbul, which has always been the center of attention throughout history, and which has many historical and valuable places on it, attracts investors from many segments with its features. The list we will create to ask to buy property in this region contains quite a variety of items.
- Right to acquire citizenship in Turkey: The purchase of 400,000 USD worth of real estate in Turkey gives foreign citizens the right to become a citizen of the Republic of Turkey. The right of Turkish citizenship is acquired by establishing other necessary official conditions of the investor.
- Owning the house of your dreams: In Cengelkoy, stylish, dazzling residences with features that meet all your expectations are offered to their buyers.
- The advantage for investing: Cengelkoy has always been a region suitable for investment with its history, location, and peaceful environment. It continues to be one of the most suitable regions for investment in today's Istanbul.
What are the Property Types and Options in Cengelkoy?
The property types and options in Cengelkoy are listed below.
- Detached residences: A variety of peaceful, stylish, and modern detached houses that can meet all expectations.
- Villas: Elegant Turkish villas with gardens, and pools, appreciated for their design.
- Apartments of various sizes: Convenient and stylish apartments with options such as 1+1, 2+1, 3+1, 4+1, 5+1
- Mansions: Magnificent mansions are the historical heritage of the region from past to present.
All this variety of residences offers its investors a peaceful life at the intersection of the green of nature and the blue of the sea.
Who Are the Properties in Cengelkoy Suitable For?
Cengelkoy is a region suitable for living for many groups. These groups can be listed as follows:
- People who love peace and nature,
- Nuclear and extended families,
- Pensioners,
- Newly married couples,
- Businessmen,
- Investors
What are the Living Standards Like in Cengelkoy?
In Cengelkoy, which has a total population of 13.912 according to annual data, a calm and peaceful environment prevails because the population is not very dense. Studies have shown that 42.4% of the region's population is university graduates. This shows that the socio-cultural level is high in the region. In terms of socio-economic status, the region is evaluated as A+. High living standards, peace, and the motivation of living at the intersection of nature and history are the most important features of this region.
What Are The Other Counties That Have Properties Similar to Cengelkoy?
Although the region has its characteristics, there are other exemplary districts with common points in Istanbul. These counties can be listed as follows:
- Sariyer: A highly sought-after district with a nostalgic past, located next to Belgrad Forest. Sariyer is famous for Rumelihisarı Castle and Ataturk Arboretum.
- Kadikoy: One of the most central locations on the Asian side of Istanbul, Kadikoy is home narrow culturally rich streets and properties with panoramic sea views.