Sultanbeyli is located on the Anatolian side of Istanbul. Sultanbeyli is neighbors with Kartal, Pendik, and Sancaktepe districts. Pond Park and Social Facilities are some of the popular green areas of the district. This district, which dates back to the beginning of the 6th century, remained under the rule of the Roman and Byzantine Empire for many years. The ruins of Aydos Castle, which bear the traces of these memories, are still present. It became a village in 1957, a town in 1989, and a district on June 3, 1992. According to the Turkey Statistical Institute (TUIK), Sultanbeyli the population was 336.021in 2019. Aydos Hill, Aydos forest, and Aydos pond are summer resorts visited by the residents to have a pleasant time.
Real Estate Investment in Sultanbeyli
It is seen that the region has been experiencing rapid growth and change in recent years. This district will be appreciated in the coming years with the investments made. This district has been the focus of the attention of construction companies with large and luxurious projects, especially in recent months. Among the projects emphasized by local governments are the university project, a library with 40 thousand books, congress, and show center. Besides, it is seen that projects such as the new city square, central mosque, Aydos Forest Nature Park, and parking garage enrich the district.
It is foreseen that Sultanbeyli will become an attraction center with its metro project. Housing prices have increased by 3.53% in the last year in the Sultanbeyli housing market for sale. The average depreciation time for a 100 square meter house in Sultanbeyli district is 21 years.
As of the end of 2020, the most valuable neighborhoods in Sultanbeyli district for housing are Fatih, Abdurrahmangazi, Turgut Reis, Necip Fazıl, and Hasanpaşa. The average for sale residential property size is 110 square meters.