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Eyüp Sultan is one of the historic and significant areas of Istanbul, which has become a popular destination for real estate investment due to its unique geographical location and cultural characteristics. This neighborhood, located in the northwest of Istanbul and near the Bosphorus Strait, is a blend of old and new structures. With historical and religious attractions such as the Eyüp Sultan Mosque, it provides a special atmosphere for its residents.
In addition to its cultural and religious appeal, Eyüp Sultan offers good access to public transportation and urban amenities, making life there easy and convenient. This neighborhood, with its green spaces, educational and medical facilities, as well as markets and shopping centers, is an ideal option for families and those seeking peace and quality of life. With the rise in property prices in this area and the development of construction projects, buying a home in Eyüp Sultan has become a smart investment for the future.
Eyüp Sultan is one of Istanbul's historic and significant districts, located on the European side of the city. Known for its historical and cultural attractions, it is situated near the Bosphorus Strait. Eyüp Sultan is bordered by the districts of Göldiyun and Kağıthane to the north, Bayrampaşa to the east, and Fatih and Beşiktaş to the south. Its strategic location provides excellent access to other historical and commercial areas of Istanbul.
Eyüp Sultan Central (Eyyübü): This part of Eyüp Sultan is the historical heart of the district, home to landmarks such as the Eyüp Sultan Mosque and several historical tombs. The bustling streets of this area attract numerous tourists and pilgrims, offering cultural centers and traditional restaurants. Public transportation access in this area is excellent, making it easy to travel to other parts of Istanbul.
Northern Eyüp Sultan (Piyer Loti): The northern part of Eyüp Sultan is renowned for its breathtaking views of the Bosphorus and Istanbul. It features green spaces and landmarks like Pierre Loti Hill, offering unparalleled city views. This area is ideal for those seeking peace and proximity to nature.
Eastern Eyüp Sultan (Karaköy and Fener): This area is predominantly a commercial and historical zone, featuring old buildings and traditional shops. It has excellent public transportation links, such as metro and tram lines, making it a hub for exploring significant historical sites and old neighborhoods.
Southern Eyüp Sultan (Süleymaniye): The southern region of Eyüp Sultan is celebrated for its historical and cultural attractions. This part is particularly famous for landmarks such as the Süleymaniye Mosque and other historic buildings, making it a perfect destination for tourists interested in Islamic history and culture.
Western Eyüp Sultan (Haliç and Golden Horn): This area primarily includes coastal zones and areas surrounding the Golden Horn. Known for its stunning waterfront views and proximity to the water, it is one of the best places for relaxation and residential living in Eyüp Sultan. Additionally, the area is popular among families and nature enthusiasts, thanks to its parks and green spaces.
Eyüp Sultan is a historically rich and populous district in Istanbul, with approximately 350,000 residents. The population is nearly evenly split between men and women, with men comprising around 49% and women 51%. In terms of age distribution:
This diverse demographic composition makes Eyüp Sultan an attractive area for families, middle-aged individuals, and retirees alike.
With an area of 24 square kilometers, Eyüp Sultan features a blend of urban and natural landscapes:
This diverse mix of urban, historical, natural, and coastal environments makes Eyüp Sultan one of Istanbul's most distinctive and appealing districts.
Property prices in Eyüp Sultan vary based on historical features, geographic location, and access to various amenities. This area, which combines historic neighborhoods and modern residential areas, is generally divided into the following categories for property purchases:
Medium Residential Areas: In neighborhoods like Eyüp Merkez and some surrounding areas, the average price per square meter ranges from 8,000 to 12,000 Turkish Lira. These areas are ideal for property purchase due to their excellent access to public transport, commercial centers, and schools.
Historical and Old Areas: In neighborhoods like Eyüp Sultan and surrounding areas with historical and cultural landmarks, prices typically range from 12,000 to 18,000 Lira per square meter. These areas remain attractive to buyers and investors due to their historical, religious, and cultural significance.
Luxury and Coastal Areas: In neighborhoods such as Kariye and some coastal sections near the Bosphorus Strait, property prices are significantly higher. Here, prices per square meter can start from 18,000 Lira and reach up to 30,000 Lira, especially for villas and luxury apartments with sea views.
Property Rental: Rental prices in Eyüp Sultan are relatively more affordable compared to many other parts of Istanbul. A 1+1 apartment in central Eyüp Sultan typically rents for between 8,000 and 12,000 Lira per month. In luxury neighborhoods near the Bosphorus, this figure can rise to as high as 15,000 Lira per month.
Eyüp Sultan, being one of Istanbul's historic districts, is located near other neighborhoods such as Şişli, Kağıthane, Büyükçekmece, Sarıyer, and Kartal. These areas share similar access to public transport, commercial centers, and urban amenities.
Şişli (to the west of Eyüp Sultan): Property prices here are generally similar to Eyüp Sultan, though in some areas they may be slightly higher. Property prices in Şişli typically range from 10,000 to 20,000 Lira per square meter.
Kağıthane (to the northeast of Eyüp Sultan): Due to rapid urban development, property prices in this area generally range from 8,000 to 12,000 Lira per square meter. This area is somewhat cheaper than Eyüp Sultan but still popular due to its proximity to business centers and public transport.
Büyükçekmece (to the north of Eyüp Sultan): Known for its green spaces and quieter residential environment, property prices here are generally lower than in Eyüp Sultan, typically ranging from 6,000 to 10,000 Lira per square meter.
Sarıyer (to the north of Eyüp Sultan): Known for its natural landscapes and luxury properties, prices in this area are typically higher than in Eyüp Sultan. Property prices in Sarıyer range from 12,000 to 25,000 Lira per square meter.
Kartal (to the southeast of Eyüp Sultan): Due to more affordable prices, property prices in this area typically range from 5,000 to 8,000 Lira per square meter.
Buying property in Eyüp Sultan is considered an attractive option for investors due to its historical significance, excellent access to commercial and cultural centers, and recent growth in property prices. Here's a look at the growth trends in this area and future predictions:
Price Growth in Recent Years: Over the past five years, property prices in Eyüp Sultan have increased by an average of 8-12% annually. For example, in 2019, the price per square meter for residential property in Eyüp Sultan was approximately 5,500 to 6,500 Lira. By 2023, this figure had increased to 9,000 to 11,000 Lira per square meter, reflecting a 40-50% rise during this period.
Future Price Growth Predictions: According to experts in the real estate market, property prices in Eyüp Sultan are expected to continue rising in the coming years due to high demand, ongoing urban projects, and the district's strategic location. Prices are projected to rise by an average of 10-15% in 2024-2025, supported by new public transport projects and improved accessibility.
Price Growth in the Next Five Years: With ongoing urban developments and high demand for property in this area, prices are expected to increase by an average of 8-12% annually over the next five years. This growth will be driven by the completion of various projects and further infrastructure improvements.
Long-term Investment Opportunities: Given the continuous price growth and infrastructural developments in Eyüp Sultan, buying property here represents a highly profitable long-term investment. Many experts believe that Eyüp Sultan will become one of the best areas for investment in Istanbul in the near future.
Public Transportation: Eyüp Sultan benefits from an ideal location with excellent access to public transportation. Metro stations such as the Eyüp Sultan Metro Station provide direct connections to other parts of Istanbul, making it easy for residents and visitors to travel across the city. Additionally, ferry stations like Eyüp Ferry Station connect the area to other parts of Istanbul via the sea. Multiple bus lines in the area also offer convenient connections to various parts of the city.
Educational and Cultural Facilities: Eyüp Sultan is a prominent area in terms of educational facilities, with reputable schools and proximity to well-known universities in Istanbul. Culturally, the area is rich in historical and religious landmarks, such as the Eyüp Sultan Mosque, which is a significant religious site in Istanbul. The area also boasts several cultural halls and theaters offering various artistic programs for residents and tourists.
Commercial and Shopping Centers: Eyüp Sultan's proximity to other commercial areas in Istanbul provides easy access to large shopping centers like the Magnus Mall. Additionally, local markets such as the Eyüp Sultan Market and nearby markets serve as great places for daily shopping and local products. Numerous diverse shops and small stores in the area make it a popular destination for purchasing a wide variety of goods.
Medical and Healthcare Facilities: Eyüp Sultan is home to reputable hospitals and various clinics offering high-quality medical services to residents and visitors. Public and private hospitals like Eyüp Hospital and specialized clinics are available and provide round-the-clock healthcare services. Numerous pharmacies in the area offer medical and health-related services as well.
Green Spaces and Recreational Areas: Eyüp Sultan offers numerous parks and green spaces, providing ideal locations for relaxation and recreation. One such space is Eyüp Sultan Park, which features walking paths, sports fields, and tranquil areas, making it an excellent spot for residents. Additionally, smaller parks and playgrounds for children are abundant in the area, providing fun and entertainment.
Restaurants and Cafes: Eyüp Sultan is a popular destination for food and drink lovers, with various restaurants and cafes. The local restaurants and cafes, especially around historical and religious sites like the Eyüp Sultan Mosque, are perfect spots for resting and enjoying traditional Turkish food. Some well-known cafes and restaurants are highly regarded for their pleasant ambiance and quality service, attracting both residents and tourists.
Eyüp Sultan, with its ideal geographical location, abundant facilities, and a blend of historical and modern elements, is one of the most attractive neighborhoods for property buyers in Istanbul. The area stands out due to its excellent public transportation access, green spaces, reputable educational and healthcare centers, and more affordable property prices compared to other parts of Istanbul. It is especially ideal for those seeking a peaceful lifestyle close to history. Experts predict that property prices in Eyüp Sultan will continue to grow in the coming years, making it not only an ideal place to live but also an excellent long-term investment opportunity.
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