It may be a very good idea to invest or live in Sisli, one of the central districts of Istanbul. Sisli is an excellent location, especially for mid-class property buyers. In this region, especially the sales of the apartments are very popular and the real estate housing value of the region is increasing day by day.
Sisli, located in the European continent of Istanbul, is defined as one of the major regions, as it covers more than 30 square kilometers. Therefore, wide site, residence, and apartment works are frequently included in this area. The region, which has gained popularity especially in the last 30 years in terms of family settlement, has become a ‘’new city center’’ of the area where it exists. This caused the passages, offices, and work areas to be built by real estate companies here. The rising buildings in Sisli have become popular among real estate investors who are generally interested in buying property. Stating that the region will experience a great value increase in the future, property buyers also conducts feasibility studies related to high potential structuring regions in Sisli, which consists of 25 small areas.
Why Buy Property in Sisli?
Like other regions on the European side, Sisli can be considered an extremely popular area for tourism. Especially individuals who come to Istanbul due to various business meetings from abroad, which we call business tourism, can prefer five-star hotels and luxury skyscrapers in Sisli. Sisli also hosts many banks, entertainment centers, museums, and public open spaces. Therefore, the region can be an extremely popular area for those who demand a lively and active space.
Those who are in the seek of houses for sale in Sisli prefer the area due to the advantages of the region in terms of transportation. The region is at a very high level of welfare in terms of transportation facilities. According to the latest statistics, the population of Sisli has been determined as 274.196. There are exclusive shopping malls, luxury boutiques, and many luxury stores connected to the service sector in the region. Sisli is also highly developed in terms of the entertainment sector, that is, the region called Halaskargazi Street and its surroundings are home to extremely luxurious entertainment centers. Rental income is high around such living areas and the depreciation periods of the houses can be extremely short.
Benefits of Buying Property in Sisli, Istanbul
1. The region is home to extremely popular shopping centers such as Istanbul Cevahir and Kanyon. This situation has brought the region to a position that will never lose value in terms of both settlement and financial investment.
2. It has been observed that the real estate housing prices in Sisli have increased by 35.7 percent in the last five years. The average price of a 100 square meter house in the region varies between 424 thousand TL and 706 thousand TL.
3. If you own a house in Sisli, you can pay for it in just 16 years by renting your home. The amortization period is only 16 years.
4. Sisli is the intersection point of many transportation areas. The common point of Dolmabahçe – Bomonti – Kağıthane tunnels is Sisli and this adds value to the region.