A step-by-step guide to buy property in Kağıthane

Kağıthane history

Kağıthane was one of the favorite areas of the Ottoman kings, and for this reason, in ancient times, many hunting grounds and resorts were built in this area for the sultan of that time. In the past, the name of this region was Saadabad. From 1930 onwards, with the beginning of Turkey’s industrialization process, modernity and industry opened their feet to this region and disturbed the natural balance of this region. This issue has caused the wildlife of this area to become very pale and residential properties are slowly taking place.

The reason for naming Kağıthane this name, which means paper mill in Farsi, is that in the past, one of the largest and first wood and paper factories in Istanbul was built in this region. In the past, the Kağıthane region was considered one of the industrial areas of Istanbul, and most of the people living there had average and low income, most of them were workers and low income. After the Istanbul Municipality’s handling of this region, as well as the implementation of several modern and advanced construction projects in this region, a new era began for Kağıthane. All these issues caused Kağıthane to attract the attention of many immigrants and other residents of Istanbul.

Geographical location and accessibility

Kağıthane region is in the European part of Istanbul. In the past, Kağıthane was administered by the municipality of Şişli region, but after the growth and development of this region in 1989, it was decided to officially separate from Şişli and operate completely independently and have a separate municipality for itself. Kağıthane region has an area of ​​16 square kilometers and its population was about 420,000 in the last census. Kağıthane region has 19 neighborhoods, of which Seyrantepe and Gültepe are the two prominent neighborhoods of this region.

This region, like Şişli and Beyoğlu, is one of the busiest regions of the city due to its location in the city center, and this has made it have good facilities and access to the public transportation system. The two main highways E-5 and TEM pass through the northern and southern parts of this region, and a subway line also has a station in the western part of Kağıthane. In addition to these cases, various bus lines and city taxis are also active in Kağıthane. One of the things that feel empty in this area is the tramwa.

Kağıthane amenities

In this region, you can see a combination of different strata of people with different income levels. As we move towards the north of Kağıthane and near regions like Şişli and Sarıyer, people’s living standards become more advanced and income levels rise.

Tall towers and big shopping malls with the presence of various brands are the distinctive features of the stylish and advanced neighborhoods of Kağıthane. Various restaurants and cafes in the Kağıthane region are working almost 24/7. Kağıthane region also has a prominent and well-known street that many people in this region know because of the existence of Talatpaşa street.
Districts in this region such as Çağlayan and Gürsel have a larger population and a lower income group than Gültepe.

One of the most important needs of the population of about 450,000 people in this region is health and treatment facilities, which, despite the presence of numerous medical centers and having different types of specialists in various fields, fully provide this region in terms of medical facilities. Among these centers, we can mention Kağıthane public hospital and Lunet private hospital.

Investing in Kağıthane by buying a property

In the past, due to the working population of this region, the neighborhoods of Kağıthane, especially the southern neighborhoods, did not have proper security and many did not want to buy properties there. But with the start of planned urban development and the creation of suitable recreational facilities as well as the increase in the income of the people, the level of security gradually increased, so that today, despite the presence of numerous police stations, there is no longer a problem in terms of security.

In recent years, with the construction of various types of properties in this region, such as apartments, townhouses, residences, and numerous villas, the demand for buying property has also increased. This made many real estate investors decide to allocate part of their capital to this region. The average price per square meter of a house in December 2021 in the Kağıthane region is around $500.