Exploring The Real Estate Market in Kagithane

22 October 2019

Kagithane is one of the 39 districts of Istanbul. Located on European side of the city. It has become one of the largest real estate development areas in the city. Kagithane is bordered by Sariyer to the north, Besiktas to the northeast, Sisli to the east and south, Beyoglu to the southwest, and Eyupsultan to the west.

History of the District

In the time of Suleiman the Magnificent, the district was a forested land and a hunting destination. Its name wasn’t Kagithane back then, it was called “Sabadad”. In the 17th and18th centuries, mansions and summer palaces were built in the district.

VIEW TUR224 KAGITHANE/ISTANBUL

Between the 19th and 20th centuries, it became a region of factories. Its name changed since it became a region of paper factories. The name of the region has changed to Kagithane. The name Kagithane was actually created by combining two words. The word “Kagit” actually means “paper” in Turkish and the word “hane” means “house”. The combination of the two means “paper house”.

Nowadays, the district became one of the largest real estate development areas in Istanbul. Due to its central location, it has become a preferred area for those looking for a home for investment or the purpose of living.

VIEW TUR254 KAGITHANE/ISTANBUL

The Real Estate Market

Real estate development includes a wide range of mixed-use, shopping mall, hotel, campus, office or residential projects. You can find properties in Kagithane with high standards of quality and in an optimum location to fulfill your expectations. Whether you are looking for your own home, or an investment property, Kagithane has a wide variety of real estate options. 

In other words, the real estate market of Kagithane appeals to different investors for different reasons. If you are interested in learning more or need advice regarding neighborhoods, please call or message us. You can also visit our office to have a chat with a specialist.