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Kagithane is a district in Istanbul that has been attracting the attention of both local and international Real Estate Investors due to the increasing number of new real estate projects within the area.
Located on the European side of the city, Kagithane has seen a significant transformation in recent years, making it a desirable place to live, work, and invest.
Why Real Estate Investors are Investing in Kagithane’s Projects
One of the main reasons why Kagithane has become a hot spot for real estate investment is the opening of the new M11 metro line that connects the area with Istanbul Airport. The new line has made it much easier for people to travel to and from the airport, which is a major hub for international travel.
As a result, demand for real estate in the area has increased, and developers have responded by building new properties to meet this demand.
In addition to the new metro line, several other factors have contributed to the growth of Kagithane as a real estate destination. One of the key factors is its location. Kagithane is close to the city center and is easily accessible by public transportation. It is also close to several major highways, making it a convenient location for people who need to commute to other parts of the city.
Luxurious Real Estate Projects with Affordable Prices
Another factor that has contributed to the growth of Kagithane is the fact that it is a relatively affordable area compared to other parts of Istanbul. While prices have been increasing in recent years, they are still relatively affordable if we are going to compare them with other areas like Besiktas and Sisli. This has made Kagithane an attractive location for young professionals and families who are looking for affordable housing options.
Finally, several new real estate projects are currently under construction in Kagithane, which has further increased the area’s appeal to real estate investors. These projects include luxury residential buildings, shopping centers, and office spaces, all of which will contribute to the area’s growth and development.
Kagithane is an up-and-coming district in Istanbul that is attracting the attention of local and international real estate investors. With its convenient location, affordable prices, and the growing number of new real estate projects, it is likely to continue to be a popular destination for real estate investment in the years to come.
