Last Updated on 26/01/2023
Kadıköy district: a preferred destination for property investment in Istanbul
Kadıköy is a district of Istanbul situated on the Marmara sea’s northern shore on the Asian side. It is a huge and populated cosmopolitan area with important infrastructure and good equipment, making it one of the top destinations for property investment in Istanbul. “Kadıköy”; means in Turkish the village of the judge. It was named in honor of Hıdır Bey, the first ottoman judge of the Fatih Sultan Mehmet since it was given to him as a retirement reward.
What makes Kadikoy a top destination for property investment in Istanbul
Prominent Location
Kadıkoy is bordered on the west by the Bosphorus, being thus one of the most important districts connecting Europe and Asia. It is neighboring Uskudar and Umraniye to the north, Maltepe to the southeast, and Bostanci to the east.
The district expanded along the Marmara Sea from west to east after the first settlements took place on the shores of the Marmara Sea and the Bosphorus strait. It continues to spread between the E-5 highway and Bagdat Street because of increasing road transport and over migration from rural areas. This easy access increases the district’s value in terms of property investment in Istanbul.
Historical value
Kadıköy has witnessed many different civilizations and monotheistic religions over history. The area has been home to several important civilizations such as the Byzantine, Roman, Seljuk, and ottomans. This fact gave Kadıköy an important historical and cultural value and made it rich with several monuments commemorating the various cultures that have passed through. It was the first settlement of the Greeks on the Bosphorus even before the establishment of Byzantium. The rich culture of the district makes it a suitable destination for foreigners especially those interested in property investment in Istanbul.
In 1928, Kadıköy got separated from Üsküdar and became an independent district. İçerenköy, Bostancı, and Suadiye neighborhoods got detached from the Kartal district to join Kadıköy boundaries.
Strong Infrastructure
Kadıköy district has a highly developed transportation, communication, and energy infrastructure. Thanks to the new M4 metro line Kadıköy-Pendik launched in 2011, it is easy to reach any corner of the city. You can also reach Sultan Ahmet in a few minutes via the Marmaray line linking Kadıköy with the historical peninsula under the Bosphorus.
Furthermore, Kadıköy is linked to the European part of the city with the Metrobus line, which is the most preferred means of transport in Istanbul.
Eurasia tunnel opened in 2016 to facilitate transportation and reduce traffic between the two continents.
Besides, the district has a developed railway system that makes traveling to Central and Eastern Europe easy. Moreover, you can reach different parts of the world from Sabiha Gökçen airport thanks to its daily international flights.
Popular Health Institutions
Turkey has, in general, a robust medical system that explains the solid medical infrastructure in the different cities and districts of the country. Kadıköy district is a live example of the developed healthcare system in Turkey. It hosts some of the most famous hospitals in Istanbul, such as Florence nightingale medical center and Acibadem hospital.
Various Education Institutions
Kadıköy district welcomes ex-pats from different parts of the world. This multicultural environment is behind the fact of hosting many international private schools. Moreover, the Kadıköy district includes in total 16 universities and campuses. You can find in kadıköy most of the famous universities in Turkey,
such as Marmara University and Haydarpaşa University hosting a huge number of students with various study programs. It also includes Yeditepe university ranked the largest one in Turkey.
A valuable district in property investment in Istanbul
Kadıköy district has been one of the most attractive areas for property investment in Istanbul. Being home to an elite wealthy society and famous people is one reason that made it one of the preferred residential areas.
Moreover, Kadıköy has been undergoing a huge regeneration not only by the government but also by the property owners who renovated their old buildings with new high-quality finishes.
Thus, the district started to host several new projects with high standards, making the price of properties for sale in Kadıköy increase remarkably. If you want to know more about properties for sale in Kadikoy you can request an initial risk-free consultation.
Important neighborhoods
Bağdat Street a fancy area for property investment in Istanbul
Bagdat Street is one of the most important shopping streets in Turkey. It’s a 15-km-long avenue stretching from Bostancı to Kızıltoprak. You can enjoy a wide variety of cafes and restaurants from worldwide cuisines.
The Street is also home to many international big brands such as Michael Kors, Tommy Hilfiger, and some luxurious Turkish brands like Vakko. Moreover, it hosts ta famous Apple store and it offers multiple alternatives to nightlife and entertainment. The Street ranked so many times as the 4th famous shopping center globally.
Rather than being a prominent shopping center, Bagdat Street is an important touristic attraction with its various activities. It also hosts Cultural Parade on Republic day and other important occasions.
Moda
Moda neighborhood is basically a historical area that has undergone complete rehabilitation to replace old buildings with high-quality new constructions. Thus it became one of the most enjoyable places with several cafes and restaurants by the sea. The area also hosts many international schools and churches.
Fikirtepe
Fikirtepe neighborhood was one of the first areas selected by the government for its major urban transformation project. It has been witnessing complete urban regeneration operations since 2013. The government interfered with demolishing the old vulnerable buildings and replacing them through a significant urbanization plan. Therefore, the area started to host many luxurious residential complexes and high-quality towers owned by both local and wealthy foreign investors. Therefore it becomes one of the prominent hubs for property investment in Istanbul.
Fenerbahçe Marina and Park
Fenerbahçe Park is one of the most beautiful parks in Istanbul. It stretches along the seaside, and offering a stunning Bosphorus and Islands view. It has its name from the lighthouse, situated in the park, and built-in 1562.
You can also visit the Fenerbahçe marina situated in the southwest of Kadıköy. It is the biggest Marina in the country with a capacity of 1120 boats. It is an important entertainment attraction with many cafes and restaurants where you can enjoy your meal savoring the breathtaking scenery.
For further information about property investment in Istanbul , or Real Estate in kadikoy district, MEO Consultants qualified experts are available to assist you. Request a risk-free initial consultation. Learn more about our services.
