Kagithane is spread over a total surface that is 16 square km. Ayazaga district, which is linked to Sisli in north is bordered by Sisli district lands that lie in the southeast and south. It's located near Besiktas, Beyoglu and Eyup districts. The location is strategic for the district has come into the spotlight thanks to the development and property projects and also the development in transport, such as subways, Kagithane and Dolmabahce tunnels as well as the 3rd bridge the third airport, as well as the 3-storey tube tunnel (Big Istanbul Tunnel).
In the present, a variety of commercial and residential developments are under construction in all area in the area. Kagithane close to the regions that are developed on the European Side is situated to the west of the Bosphorus located situated on that European side.
Kagithane stream as well as its environs that gave it its designation to the Kagithane district was a well-known recreational spot during the Ottoman time. Sultans hunted within this area at times. Kagithane was a place that became known for its beauty and natural wonders and groves, is the most popular destination for entertainment in the late 15th century. The area has been preserved over the course of many years.
Real Estate Investment in Kagithane
Kagithane comprises 19 neighborhoods. Prices for real estate in Kagithane have seen a significant increase over the last few times. Its proximity to Maslak the Levent area, one of the biggest commercial centers of Istanbul and has boosted the prices in the district.
Seyrantepe, Emniyet Evleri, Celiktepe areas, that are located close to the Maslak region and Central district the craziest area of Kagithane and is one of the main areas.
The price of housing increased by 2.51 percent during the Kagithane marketplace for homes during the past year. The average depreciation time for the Kagithane district is figured at 17 years.