Kagithane: From Industrial Hub to Vibrant Residential Area
Kagithane is undergoing a remarkable transformation, completely reshaping this central neighborhood. Located next to Beyoglu, Maslak, Eyup, and Sisli, this area on the European side of Istanbul spans 23 square kilometers and houses around half a million residents. Named "the paper factory" due to its industrial past, Kagithane initially became a hub for inner Anatolian migrants in its post-industrial phase. However, the recent urban regeneration has made Kagithane almost unrecognizable from twenty years ago. With new high-quality developments, excellent transport networks, proximity to Istanbul's new airport, and easy highway access, it is now drawing families, investors, and young urbanites.
Real estate in Kagithane features many mixed-use properties, including shopping malls, hotels, offices, and residential projects spread across the main neighborhoods of Seyrantepe, Hamidiye, Mehmet Akif, Telsizler, Nurtepe, Çağlayan, Merkez (Center), and Gültepe. Turkish real estate here is well-priced and popular among local and foreign buyers with diverse lifestyle preferences. The competitive prices per square meter, along with renovated buildings and modern architectural projects, make it an appealing destination. New developments offer communal amenities like gyms, swimming pools, and playgrounds, and are generally larger than average, making them ideal for families. Some of the best shopping in the city can be found at Vadi Istanbul, a destination in its own right. Additionally, nearby luxury shopping centers like Kanyon and Cevahir add to the area's appeal. Quality medical services, universities, and international and private schools are easily accessible.
Kagithane is highly attractive to those interested in buying investment property in Istanbul, serving as a developing, affordable alternative to the main city center. With demand outpacing supply, centrally located and reasonably priced properties in Kagithane are selling quickly.