Business

Housing value increase in Beylikduzu exceeded 40% during the pandemic

Akkus Group Chairman of the Board Abdulkadir Akkus said, “This figure remained at 23.4% in Istanbul. If we take into account the increase in urban transformation projects in the region, we can say that the premium rate will exceed 50% next year.”

Akkus Group Chairman of the Board Abdulkadir Akkus stated that housing prices increased by 23.4% during the epidemic, and this figure exceeded 40% in Beylikduzu.

According to the statement made by Akkus Group, Beylikduzu has become the favorite of housing investment in Istanbul thanks to its central location, urban vision, social life-oriented dynamic structure, young population, wide green area and strong housing potential.

New construction projects bring together those who want to live in the region alone, as a nuclear or crowded family, and those who want to own an investment house. Every investment made in the city vision of the district raises the added value offered by the residences in the region. The district surpassed the Istanbul average with over 40% premium offered to its investors during the epidemic period.

Value increase is not expected to continue

Akkus Group Chairman of the Board of Directors Abdulkadir Akkus, whose views are included in the statement, stated that they have made many families homeowners by implementing different projects with the ‘Alya’ brand in the region.

Noting that Beylikduzu has become a center of attraction for all kinds of investors with its strong transportation network, social and community projects as well as branded housing projects, Akkus made the following statements:

‘The district strengthens this position with the added value it offers to its investors. The region, which has become one of the central districts of Istanbul with the advantage of the transportation network, has become one of the exemplary districts of Turkey with its modern city vision. With the epidemic, it started to respond to the expectation of life in the city center but in touch with nature. A wide range of options await those who want to live alone, as a nuclear or crowded family in the district. Investors looking for high-end equipment and prestige as well as affordable housing can find what they expect.’

Akkus stated that due to all these factors, Beylikduzu provided a premium of more than 40% to its investors during the epidemic process, and this figure remained at 23.4% throughout Istanbul. If we take into account the increase in urban transformation projects in the region, we can say that the premium rate will exceed 50% next year.’

Source: AA / Translated by Irem Yildiz

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