Pendik is home to both International Sabiha Gökçen Airport and the Istanbul station of the new High-Speed Train. It makes Pendik and surrounding regions one of the ideal investment options. Pendik, located in the eastern half of Istanbul province; it is surrounded by Tuzla, Gebze, and Şile, Çekmeköy, Kartal, Sancaktepe, Sultanbeyli, and the Sea of Marmara. It is spread over an area of approximately 200 km2 and has 9 km of coastline.
All about Pendik
The 540-bed Marmara University Pendik Training and Research Hospital, which is the largest hospital on the Anatolian Side, serves in Pendik. Pendik Mound, Aydos Hill, and Aydos Castle are the first among the historical and cultural places that can be visited in the district.
In the late 1990s, two private educational colleges were built inland from Pendik, Koç Özel Lisesi, and Sabancı University. The area has a Formula One racetrack. There is a high-speed boat across the Marmara Sea to Yalova for people traveling out of the city to Bursa and the Aegean. International Sabiha Gökçen airport is near.
Real Estate Investment in Pendik
Housing prices have increased by 2.03% in the last year in the town housing market for sale. The average depreciation time for a 100 square meter house in the district is 22 years. As of the end of 2020, the most valuable neighborhoods in Pendik district for housing are Sülüntepe, Velibaba, Güllü Bağlar, Çamçeşme, and Yayalar. The average for sale residential property size is 105 square meters.
Pendik Latest News
Investments made by the private sector in recent years and the extension of the Kadıköy – Kartal metro line to the area increase the value of the district. Being close to Sabiha Gökçen Airport and the E-5 highway also makes the town a very valuable investment area. The town is located close to the O-6 highway, which is used to reach the 3rd bridge with the railway coming from Ankara, E-5, and TEM highway. This situation makes Pendik a center where the roads used to enter and exit Istanbul and the city intersect. All these are preferred by people who want to invest in real estate in Pendik.