How did the Beşiktaş residence housing real estate market develop in 2024?
It is necessary to examine the residence housing real estate market of 2024 under two headings.
It is necessary to examine the residence housing real estate market of 2024 under two headings.
Residential flat market for rent and residential flat market for sale.
The residential flat market for rent was strong throughout 2024, and this was reflected in the prices.
The demand for both furnished rental residence apartments and unfurnished rental residence apartments was high, especially in the first 9 months.
In parallel, rental prices increased by around 30-40%.
In the last part of the year, this demand slowed down.
On the Beşiktaş residence flats for sale side, people were very price-oriented.
For 1+1 residence flats for sale, this price sensitivity was one level lower.
New brand residence projects have emerged around Gayrettepe and Barbaros line, and ongoing residence projects have begun to be completed.
Barbaros 48, Kempinski Residences Balmumcu projects are nearing completion.
The emergence of qualified residence projects in the region has caused residence prices to rise.
When evaluating the price performance of residence flats for sale across Beşiktaş in 2025, it will be necessary to take into account the impact of the price levels of the emerging projects on the pricing of similar residence flats in the region.
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