Istanbul’s 10 Most Land Valued District
Istanbul’s land value continues to rise. The land value of Istanbul, which was determined as 9.4 trillion in 2018, increased by a record 149 percent to 23.4 trillion liras as of the end of 2020.
With the Land Value of Istanbul research report prepared by Tapu Sor, the total land value of Istanbul increased in both Turkish Lira and dollar terms. The total size of Istanbul was announced as 5,343 km, while the area was declared as 4,543 km by removing sections such as lakes, roads and areas that could not be sold from the calculation.
THE MOST EXPENSIVE DISTRICT OF LAND PRICES IN ISTANBUL HAS BECOME!
According to the figures announced, the sales price of all land in 39 districts in Istanbul increased by 149 percent to 23.4 trillion liras by the end of 2020. The figure was calculated as $2.5 trillion in dollar terms in 2018 and increased to $2.7 trillion by the end of 2020.
According to the provinces, the most expensive plots of Istanbul were recorded as Şişli and Beyoglu. The average land square meter price was calculated as 28 thousand 270 liras in Şişli district, which is home to many neighborhoods where property prices are extremely valuable such as Fulya, Teşvikiye, Mecidiyeköy and Halaskargazi.
Istanbul’s 10 Most Land Valued District
Shishli land prices 28 thousand 270 TL
Beyoglu land prices 27 thousand TL
Beshiktas land prices 22 thousand 746 TL
Kadikoy land prices 19 thousand 600 TL
Bakırkoy land prices 18 thousand 400 TL
Zeytinburnu land prices 15 thousand 326 TL
Kayithane land prices 13 thousand 00 TL
Bayrampasha land prices 11 thousand 912 TL
Kuchukchekmeje land prices 11 thousand 575 TL