How did the real estate market of 2024 take place in Gayrettepe?
In 2024, the real estate market for sale has developed very price-oriented in Gayrettepe, as in Beşiktaş in general.
In 2024, the real estate market for sale has developed very price-oriented in Gayrettepe, as in Beşiktaş in general.
People did not tend to buy real estate unless the price performance ratio was very attractive.
High interest rates also had a big impact on this.
On the housing side, the last two months of the year were quite stagnant.
On the rental side, demand was quite strong until the last 2-3 months and this was clearly reflected in rental prices.
My prediction for the highest rental housing demand in recent years was the first 9 months of 2024.
There are very few residence projects in the Gayrettepe region and the process developed similarly there.
Urban transformation projects were carried out on an individual basis. There is a continuous, albeit slow, movement towards the renovation of buildings.
Rental shops were rented out not long ago. Demand for rental shops was hot.
On the office side, the demand for rental (plaza) offices in compliance with earthquake regulations was at noticeable levels.
On the sales side, price performance focus was a very sensitive point for buyers, both in shops and offices.
I don't think the process will be much different in 2025.
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