Maltepe is adjacent to Kadıköy, Sancaktepe, Ataşehir, and Kartal districts. Maltepe is located on the Anatolian side of the Marmara Sea. Since it is the 4th largest district of Istanbul, it is a very crowded and busy district. Branded housing and office projects, which have accelerated in recent years in areas close to the E-5 Motorway, draw a lot of attention, especially from foreign investors.
The proximity of the Maltepe coast to the sea pier and the busy road line provide convenience in terms of transportation. Besides, the means of transportation with the train line will increase even more in the coming years. This makes Maltepe the preferred choice for homeowners on the Anatolian Side.
Maltepe District has a coast of approximately 7 km to the Marmara Sea. The Temple of the Bakireler (Virgins) is one of the places to visit in Maltepe. This temple is located on Süreyya Pasha Beach. According to the Greek belief, the temple, which is located in the sea, visited by young girls who want to get married, was named the Virgins Monument.
Real Estate Investment in Maltepe
When the current real estate prices in Maltepe are examined, the sales price charts have increased 2.5 times per square meter in the last 8 years. This town is one of the important investment areas of Istanbul, which is on the rise across the districts. Housing prices have increased by 1.94% in the last year in the Maltepe housing market for sale. The average depreciation time for a 100 square meter house in the Maltepe district is 23 years.
Altıntepe, Küçükyalı, Çınar, Yalı, Bağlarbaşı, İdealtepe, Feyzullah Neighborhoods are popular regions in terms of real estate prices due to their proximity to the seaside. As of the end of 2020, the most valuable neighborhoods in the district for housing are Başıbüyük, İdealtepe, Esenkent, Yalı, and Altıntepe. The average for sale residential property size is 110 square meters.