REAL ESTATE MARKET
TYPES OF HOUSING
SOCIAL AND CULTURAL FACILITIES
COST OF LIVING
IN A NUTSHELL:
- Ataşehir's location is superb for ease of access. Getting around Istanbul is a breeze thanks to the area's proximity to both the TEM and E-5 highways. The subway, metrobus, buses, and minibuses are also accessible modes of transportation. From Ataşehir, you can reach Sabiha Gökçen Airport, the Bosphorus Bridge, and the Fatih Sultan Mehmet Bridge in just 25 minutes.
- The neighborhood of Ataşehir is bustling and full of exciting cultural activities. It offers numerous shopping malls, cinemas, theaters, concert halls, sports centers, parks, cafes, and restaurants.
- Ataşehir is well-developed in terms of education and healthcare. It is home to many public and private schools, universities, kindergartens, and nurseries.
- Ataşehir is an attractive district for investment.
Many interesting sites may be found in Ataşehir. Ataşehir is home to the following tourist hotspots:
Ataşehir's Palladium Shopping Mall is a popular destination for its variety of stores, dining options, and entertainment venues. There are many wonderful places to dine, shop, and relax in this area.
Watergarden Istanbul is a cutting-edge complex that features a wide variety of shops, restaurants, and attractions all in one convenient location. It has a sizable outdoor area complete with fountains, greenery, and a variety of eateries.
Brandium is another Ataşehir shopping center with a wide variety of stores and restaurants. A lot of people go there to shop, look at technology, and eat.
Ataşehir Park is a large, well-kept park in which parkgoers can relax in the fresh air, take a stroll, or enjoy a picnic. It's a great place to unwind because of the tranquil atmosphere, jogging pathways, and other recreational opportunities.
Toys from all across history are on display at the Istanbul Toy Museum, a one-of-a-kind museum in Ataşehir. It's a fun way to learn about the evolution of toys and reflect fondly back on your own youth.
Ataşehir is home to many more sights than those listed here. There are many different types of restaurants, cafes, and cultural centers to explore in this area.
The city of Ataşehir has invested heavily in its transportation infrastructure. The area is accessible via public transit as well as private vehicles. You can take the bus, a minibus, the metro, a metrobus, or a shared cab (dolmuş) if you need to get around town. You can get to various regions of the neighborhood with these public transportation choices. The area's private automobile population can take advantage of the area's large and up-to-date roadways. There are also shuttles and parking lots for your convenience. Getting to neighboring neighborhoods and cities is easy with a personal vehicle.
Ataşehir is a great place to go to school because there are so many options here. The district is home to both public and private institutions of education, catering to students of all ages and backgrounds. Yeditepe University, Marmara University Ataşehir Campus, Doğuş University, and Istanbul Medeniyet University are only a few of the universities located in Ataşehir.
Social and Cultural Facilities
Ataşehir boasts sophisticated cultural and social facilities. The neighborhood is home to many parks that have green spaces, sports fields, playground equipment, paths for biking and walking, and other recreational amenities. In addition, Ataşehir is home to a number of cultural and artistic institutions, including the Ataşehir Cultural Center, the Ataşehir Municipality Art Gallery, and the Ataşehir Municipality Opera and Ballet Hall. Ataşehir also features a variety of restaurants serving delectable cuisine, high-end shopping malls for retail therapy, and theaters and movies for a night out on the town.
Cost of Living
Ataşehir is widely regarded as a promising neighborhood with the potential to replace the current financial hub of Istanbul. The area is home to the main offices or branches of a great number of financial institutions, businesses, and non-profits. The area also features a wide variety of retail centers, medical facilities, educational institutions, recreational areas, and sports venues.
Ataşehir, like many parts of Istanbul, has a higher-than-average cost of living. The Istanbul Planning Agency found that in 2023, the average annual cost of living in the city would be 35,380 TL. The cost of living in Ataşehir is likewise relatively expensive.
Ataşehir is home to people from all walks of life and all economic levels. Some people choose to live in exclusive gated communities, while others choose more traditional neighborhoods. The majority of the residents in the area are of the working class. Many university graduates and current students call Ataşehir home, indicating a high level of education among the local population.
Ataşehir is an Istanbul neighborhood on the Asian side of the city. It is known as a thriving metropolis due to its modern architecture, green spaces, retail options, educational institutions, and medical facilities. Located in Ataşehir is the Istanbul International Finance Center (IFM), making it a major commercial and financial hub in Istanbul. It offers many advantages for both living and investing.
Ataşehir district consists of 17 neighborhoods: Aşık Veysel, Atatürk, Barbaros, Esatpaşa, Ferhatpaşa, Fetih, İçerenköy, İnönü, Kayışdağı, Küçükbakkalköy, Mevlana, Mimar Sinan, Mustafa Kemal, Örnek, Yeni Çamlıca, Yeni Sahra, and Yenişehir.
Real Estate Market
Housing and rental prices
Prices for homes and apartments for rent in Ataşehir range from the west to the east of the neighborhood. Apartments with two bedrooms and one extra room in Ataşehir, for instance, can cost anywhere from 2,535,000 TL to 2,950,000 TL. In addition, 3+1 apartments cost anywhere from 5,050,000 TL to 6,550,000 TL.
Ataşehir's rental prices are likewise not standard. For example, a one-bedroom, one-bathroom apartment in Ataşehir would cost between 15,000 and 29,990 TL per month to rent. Furthermore, 2+1 flats can be rented for anywhere between 16,000 TL and 44,990 TL each month.
What has been the district property price trend in recent years? What are the predictions for the future of this trend?
Housing costs in Ataşehir range widely depending on where you live. Barbaros and Atatürk, for instance, have the highest selling prices per square meter of apartments currently on the market. The average price per square meter in the Barbaros area is 71,429 TL, whereas in the Atatürk area, it is only 60,317 TL.
The Financial Center and other recent developments in Western Ataşehir have increased demand for real estate there, driving up prices over the past few years. It is anticipated that this trend will continue.
Which are the most popular and valuable areas in the district?
The most popular and valuable areas in the district are as follows: the Financial Center; Barbaros neighborhood with sea views; Örnek neighborhood with green areas; Küçükbakkalköy located along the commercial and transportation axis; and Atatürk neighborhood, which is the central location of the district.
These regions feature high-end housing developments with cutting-edge architecture, as well as commercial and social amenities like malls, hotels, restaurants, and theaters. These more desirable neighborhoods are known for their high standard of living and attractive investment opportunities. Rental incomes and home prices in these areas are also substantially higher than average.
Types of Housing
When it comes to housing, apartment complexes dominate the landscape in Ataşehir. Sales Ataşehir apartments are popular among families with moderate and high incomes, and the majority of this housing can be found in the district's central and bustling regions.
Ataşehir also has single-family detached homes. Typically found in the more peaceful and natural regions of the neighborhood, Atasehir detached houses are large properties with gardens. Many affluent families who can afford a more opulent lifestyle opt for standalone properties.