Maltepe is located near Kadikoy, Sancaktepe, Atasehir and Kartal districts. Maltepe is situated in the Anatolian part of the Marmara Sea. As it is the 4th most populous district of Istanbul which is extremely crowded and bustling district. Office and housing projects that are brand-named that have increased over the last few years in areas that are close to the E-5 Motorway attracted much focus, mainly from foreign investors. Because of its proximity to the Maltepe coastline to the sea pier as well as the busy highway line offer the convenience of transportation. In addition, the options for moving with trains is expected to increase in the near future. That makes Maltepe the most preferred homeowner's choice in the Anatolian Side.
Maltepe District has a coast which extends approximately 7km towards that of the Marmara Sea. Its Temple of the Bakireler (Virgins) is one of the most important places to see in Maltepe. The temple is situated in Sureyya Pasha Beach. In accordance with the Greek tradition this temple is situated by the sea frequented by brides who wish to be married. The temple was called"the Virgins Monument.
Real Estate Investment in Maltepe
If the present property prices in Maltepe is examined, chart of sales prices has been increasing 2.5 times for every square meter during the last eight years. Maltepe is among the major investment regions of Istanbul that is also growing across all districts. Prices for housing are up 1.94 percent in the past year, in the Maltepe real estate market. Average depreciation for a 100 square-meter home in the Maltepe district lasts 23 years.
Altintepe, Kucukyali, Cinar, Yali, Baglarbasi, Idealtepe and Feyzullah Neighborhoods are known as popular areas for the value of real estate due to their close proximity to the beach. In the year 2020, the best areas in Maltepe district that are suitable for residential development include Basibuyuk, Idealtepe, Esenkent, Yali and Altintepe. Residential property that is sold for dimensions are 110 square meters.