Buying a House in Ataköy

Introduction to Ataköy and Its Sections on the Map

Ataköy is one of Istanbul's luxurious and modern neighborhoods located on the European side of the city. This area is particularly attractive due to its excellent geographical location and access to the shores of the Sea of Marmara. Ataköy is specifically situated in the Küçükçekmece district and is bordered by Bakırköy and Florya to the north, the Sea of Marmara to the south, and Büyükçekmece to the east.

On Istanbul’s map, Ataköy is conveniently located near key points such as Istanbul Airport, the E5 highway, and metro lines, which facilitate access to other parts of the city. Additionally, it is close to densely populated and commercial areas such as Ataköy Plus Shopping Mall, Marina Park, and Galleria.

Population and Its Distribution in Ataköy

Ataköy is a moderately to densely populated area in Istanbul. Due to its unique location and the rapid growth of luxury residential projects, the population of Ataköy is steadily increasing. Currently, the population is estimated to be approximately 220,000. This includes a mix of families, working professionals, and foreign residents who choose this area for its luxurious lifestyle and excellent access to amenities.

Gender Distribution

According to general statistics, about 49% of Ataköy's population are men, while 51% are women.

Age Distribution

• Under 18 Years: Around 20% of the population, approximately 44,000 people, are under 18 years old, including about 21,500 males and 22,500 females.
• 18 to 65 Years: The majority, approximately 70% of the population (around 154,000 people), fall into this age group, with roughly 75,500 males and 78,500 females.
• Above 65 Years: Around 10% of the population, approximately 22,000 people, are aged 65 and above, including about 10,700 males and 11,300 females.

This demographic composition highlights Ataköy’s appeal to families, working individuals, and retirees, thanks to its luxurious amenities, educational facilities, and quality of life. The area also attracts affluent individuals and entrepreneurs, as well as students and professionals, due to its proximity to universities and educational institutions.

Area and Composition of Ataköy’s Infrastructure

Ataköy, as a modern and luxurious neighborhood, features a diverse blend of urban and natural elements, making it a unique and attractive area. With an approximate area of 22 square kilometers, the neighborhood is rapidly developing with the expansion of residential and commercial projects, particularly luxury towers.

Infrastructure Composition in Ataköy

• Modern Urban Areas: Around 70% of Ataköy’s area consists of urban developments, including luxury residential zones, shopping centers, and modern infrastructure, reflecting the area’s rapid growth.
• Green and Natural Spaces: Approximately 15% of Ataköy is dedicated to green spaces and natural areas, including local parks and public recreational areas, which play an important role in maintaining environmental balance and enhancing the neighborhood's appeal.
• Coastal and Waterfront Areas: With about 10% of its area located along the Marmara coastline, Ataköy is a prime destination for those interested in seaside activities and attractions.
• Historic Areas: Only 5% of Ataköy consists of older, traditional neighborhoods. These areas reflect the region’s historical identity preserved amidst Ataköy’s modernity.

This diverse mix of infrastructure makes Ataköy a balanced and attractive location for living, working, and leisure activities.

Property Prices in Ataköy

Ataköy, located on Istanbul’s European side, is one of the most sought-after areas for property investment. Its prime location, access to urban amenities, and proximity to the Sea of Marmara make it an appealing choice for investors and property buyers. The general property price range in Ataköy is as follows:

• Mid-Range Residential Areas: In neighborhoods like Central Ataköy, property prices average between 10,000 and 15,000 TRY per square meter. These areas are popular due to their easy access to metro and bus stations, as well as their proximity to markets and commercial centers.
• Luxury and Coastal Areas: In areas like Ataköy Marina and its surroundings, known for their proximity to the coast and luxurious facilities, prices are higher, ranging from 20,000 to 30,000 TRY per square meter. Coastal villas and apartments with sea views can command significantly higher prices.
• Historic and Older Areas: In neighborhoods like Yalı Mahallesi and older parts of Ataköy, prices typically range from 12,000 to 18,000 TRY per square meter. These areas remain attractive for their peaceful and historic ambiance.

Rental Prices

Rental costs in Ataköy are relatively high. A 1+1 apartment in central Ataköy typically rents for 10,000 to 15,000 TRY per month. In luxury and coastal areas such as Ataköy Marina, monthly rents can range from 20,000 to 30,000 TRY.

Comparison of Property Prices in Ataköy and Its Neighboring Areas

The areas surrounding Ataköy, geographically close to it, include Bakırköy, Zeytinburnu, Beşiktaş, and Kadıköy. These regions are also highly valued for property investment due to their proximity to Ataköy and easy access to public transportation and urban amenities.

Bakırköy, located to the west of Ataköy, has similar property prices to Ataköy, and in some neighborhoods, prices are even slightly higher. Property prices in Bakırköy generally range from 11,000 to 25,000 TRY per square meter.

Zeytinburnu, to the north of Ataköy, has slightly lower prices due to its rapid development and new projects. Property prices in this area are typically around 8,000 to 12,000 TRY per square meter.

Beşiktaş, to the south of Ataköy, is one of the more expensive areas in Istanbul, and property prices here can be significantly higher than in Ataköy.

Kadıköy, located on the Asian side of Istanbul, tends to have slightly lower prices compared to Ataköy, especially in non-coastal neighborhoods. Property prices in Kadıköy typically range from 8,000 to 15,000 TRY per square meter.

Advantages of Buying Property in Ataköy and Price Growth Forecast

Due to its excellent geographical location, continuous price growth, and various amenities, Ataköy is one of the most attractive areas for property purchase and investment in Istanbul. Below are the advantages of buying property in this area and the price growth trends:

Ataköy, as a modern and attractive area in Istanbul, has drawn significant attention from investors due to its convenient location, developed infrastructure, and easy access to important urban centers. The rise in property prices in recent years reflects the increasing demand and its appeal as a long-term investment opportunity.

Property Price Growth in Ataköy

• 2019: In 2019, the price of residential property per square meter in Ataköy ranged from 6,500 to 7,500 TRY.
• 2023: By 2023, the price per square meter had increased to 12,000 to 14,000 TRY, showing a growth of approximately 85-90% during this period.

Forecast for 2024-2025: Experts predict that in 2024 and 2025, property prices in Ataköy will continue to grow by an average of 8-10% annually. Therefore, the price per square meter could reach 13,500 to 15,500 TRY in 2024 and approximately 15,000 to 17,000 TRY in 2025.

5-Year Outlook: Over the next five years, it is forecasted that the price per square meter of property in Ataköy will rise to around 20,000 to 22,000 TRY. This sustained growth presents a great opportunity for long-term investment.

Reasons for Price Growth and Advantages of Buying Property in Ataköy

• Prime Geographical Location: Close proximity to the Sea of Marmara, the airport, and important commercial centers.
• Easy Accessibility: A well-developed public transportation network, including metro, metrobuses, and access to highways.
• Modern Infrastructure: Presence of luxury residential complexes, shopping centers, and high-quality amenities.
• New Construction Projects: Ongoing development of residential, commercial, and recreational projects that help increase demand and raise the area's value.

With continuous property price growth, advanced amenities, and a strategic location, Ataköy is one of the most ideal areas for investment in Istanbul. Buying property here is a smart decision, not only for residence but also as a high-return investment in the medium to long term.

Long-Term Investment Opportunities

Considering Ataköy’s unique position, steady growth, and infrastructure development, purchasing property in this area is a suitable long-term investment, offering a high return on investment.

Amenities and Infrastructure in Ataköy

Ataköy is one of Istanbul's luxurious and well-developed neighborhoods, known for its excellent geographical location, variety of amenities, and infrastructure. It is a popular destination for both local and foreign residents and investors. The key amenities and infrastructure in Ataköy include:

1. Public Transportation
Ataköy is one of the best-connected neighborhoods in Istanbul, offering excellent access to the city’s public transportation system. The area has easy access to major highways, metro stations, and ferry terminals, making it convenient to travel to other parts of Istanbul.

• Metro: The M1 metro line, which passes through Bakırköy and reaches Ataköy, provides easy access to the neighborhood from other parts of the city.
• Bus and Taxi: A wide network of bus routes and taxi stations ensures convenient transportation within the area.
• Ferries: Ataköy’s ferry terminals offer quick access to other parts of Istanbul via the sea, making it especially attractive for those who wish to access the coastal regions.

2. Shopping and Commercial Centers
Ataköy is famous for its luxury shopping and commercial centers, providing a great shopping experience for both residents and tourists.

• Ataköy Plus: One of the largest and most famous shopping malls in the area, offering a wide range of local and international brands.
• Marina Shopping Mall: Located by the Sea of Marmara, this modern shopping mall with beautiful sea views is a popular spot for both shopping and relaxation.
• Local Markets: In addition to large malls, there are also local markets in Ataköy, ideal for purchasing daily necessities and groceries.

3. Healthcare and Medical Facilities
Ataköy is equipped with advanced hospitals and medical centers, offering high-quality healthcare services to its residents. Notable hospitals in the area include Memorial Hospital and Bahçelievler Hospital, both of which provide specialized medical services with top-notch equipment and staff.

4. Green Spaces and Recreational Areas
Ataköy offers a peaceful environment with numerous green spaces and parks, perfect for relaxation and recreation. Notable parks include Millet Park and Ada Park, which feature walking trails, sports fields, and playgrounds for children.

5. Education and Schools
Ataköy is an ideal neighborhood for families, as it is home to several prestigious schools and universities. Notable educational institutions in the area include Istanbul Kültür University and Istanbul State University, which attract many students due to their excellent academic facilities. Additionally, there are numerous private and public schools offering high-quality education.

6. Restaurants and Cafes

Ataköy is known for its numerous restaurants and cafes with diverse menus, making it an attractive place for food and beverage enthusiasts. Some of the famous restaurants and cafes in the area include Marina Restaurant, which offers high-quality seafood. Additionally, several cafes, such as Yıldız Café and BB Café, are ideal for leisure time and friendly gatherings.

7. Sports and Recreation Facilities

In addition to its green spaces, Ataköy has suitable sports facilities, including tennis courts, indoor and outdoor swimming pools, and modern fitness clubs. These facilities provide residents with easy access to sports and recreation.

8. Security and Surveillance

As a luxury and popular area, Ataköy has high security. With 24-hour surveillance, CCTV systems, and security patrols in the neighborhood, residents feel safe. This area is an excellent choice for those seeking a secure living environment.

9. Access to Key Locations in Istanbul

Due to its prime location, Ataköy offers excellent access to important places in Istanbul. It is just 33 kilometers from the new Istanbul Airport and can be easily reached from other parts of the city via the E5 highway, one of Istanbul's main arteries. Moreover, Ataköy is only a 45-minute drive from Taksim Square, with metro and ferry options for access.

10. Investment Opportunities

With its advanced infrastructure and amenities, Ataköy is recognized as one of the high-potential investment areas in Istanbul. The construction of luxury homes and villas near the Marmara coast, along with ongoing development projects, has created attractive investment opportunities for buyers and investors. Property prices in Ataköy, particularly in luxury developments, are increasing due to high demand, making it a popular destination for property purchases.

Overall, Ataköy, with its modern infrastructure and excellent services, is an ideal location for both living and investing in Istanbul.

Summary

With excellent infrastructure, easy access to public transportation, and amenities like shopping malls, hospitals, parks, and restaurants, Ataköy is one of the best areas in Istanbul for living and buying a home. In addition to its excellent living features, the area has a high potential for economic growth and future valuation, making it an attractive destination for investors.

Buying a home in Ataköy, Istanbul, is an excellent choice for those looking for a modern and popular area due to its luxury amenities, great location, and advanced infrastructure. Located in the European side of Istanbul, it is just 33 kilometers from the new Istanbul Airport and provides easy access to the main highways. Property prices in the area start at an average of 800,000 TRY, and for luxury projects, they may exceed 1,300,000 TRY.
Given the increasing property prices and high demand, Ataköy has become one of the best investment destinations. Additionally, the presence of luxury shopping centers, hospitals, schools, universities, and green spaces makes it an ideal choice for buying a home and living.

Frequently Asked Questions