Buying a House in Maslak ,Sarıyer

Introduction to the Position of Maslak and its Sections on the Map

Maslak is one of Istanbul's advanced and luxurious areas, located on the European side of the city. This area is known as a modern business and residential center and is close to the districts of Sarıyer and Şişli. The central location of Maslak has made it easily accessible to other neighborhoods and urban amenities.

Maslak Central (Merkez Maslak): This section is considered the heart of Maslak, where most commercial buildings, offices, and high-rise towers are concentrated. With modern shopping malls, international restaurants, and excellent access to public transportation, Maslak Central is an ideal choice for those looking for business activities or urban living.

Maslak East (Maslak Doğu): This area offers beautiful views of Belgrad Forest, making it a perfect choice for nature enthusiasts. Luxury apartments and modern residential projects are located alongside green spaces, providing a quieter environment away from the bustle of Maslak's central areas.

Maslak West (Maslak Batı): The western part of Maslak is strategically located near main roads and highways, making it a key point for commuting in Istanbul. This area is also home to international companies and coworking spaces, making it a popular area for entrepreneurs.

Maslak North (Maslak Kuzey): This part is home to new and innovative construction projects that offer modern amenities to residents. It is also close to Belgrad Forest, providing fresh air and natural views.

Maslak South (Maslak Güney): This area is more residential and has become a popular choice for families due to its international schools, educational centers, and recreational spaces. Local parks and walking paths enhance the living experience in this part of Maslak.

Maslak, with its combination of modern urban living and access to nature, is one of the ideal areas for living, working, and investing in Istanbul.

Population and Distribution in Maslak

Maslak is one of Istanbul's key areas, with a population of approximately 200,000. The population is nearly evenly split by gender, with about 49% men and 51% women. In terms of age groups, the majority of the population in Maslak consists of adults and middle-aged individuals, especially those aged 18 to 65, who make up approximately 73% of the population. About 17% of the population is under 18, indicating the presence of young families and children in the area. Individuals over 65 make up around 10% of the population, representing a smaller portion of the population. This demographic diversity makes the area attractive to families, workers, and students.

Area and Composition of Different Urban Fabrics in Maslak

Maslak covers an area of approximately 3.5 square kilometers and includes a mix of urban fabrics. About 50% of the area is dedicated to modern, densely populated urban fabric, which includes residential, commercial, and modern shopping centers. Approximately 20% of Maslak's area is dedicated to older, historical areas that are visible in certain neighborhoods. About 15% of the area is green space and forest, including parks and natural areas. The remaining 15% includes the coastline and the area along the Bosphorus, which includes neighborhoods like Bebek and Kuruçeşme. This combination of urban, historical, forested, and coastal fabrics makes Maslak one of Istanbul's most attractive and sought-after areas.

Property Prices in Maslak

Maslak is one of the most desirable and luxurious areas in Istanbul, with high prices due to its prime location, easy access to various amenities, and proximity to the Bosphorus. The area consists of a mix of mid-range residential neighborhoods, historical areas, and luxury coastal neighborhoods, with prices varying in each.

Mid-range Residential Areas: In mid-range residential neighborhoods of Maslak, such as Central Maslak, prices typically range from 20,000 to 25,000 Turkish Lira per square meter. These neighborhoods are ideal for families and individuals seeking residences with easy access to public transport, schools, and local amenities.

Historical and Old Areas: In neighborhoods like Ulus, which blend old and new fabrics, prices typically range from 25,000 to 30,000 Turkish Lira per square meter. These areas are appealing for those interested in living in historically rich neighborhoods.

Luxury and Coastal Areas: Neighborhoods like Bebek and Kuruçeşme, located by the Bosphorus with stunning coastal views, have the highest prices in Maslak. In these areas, the price per square meter starts at 30,000 Turkish Lira and can rise to 50,000 Lira or more, depending on the property type (villa, luxury apartment, or commercial property).

Rental Prices: Rent in Maslak is also notably high. For a 1+1 apartment in mid-range residential neighborhoods, rent typically ranges from 20,000 to 30,000 Turkish Lira per month. In luxury coastal areas like Bebek and Kuruçeşme, this amount can reach up to 50,000 Lira or more, especially for villas and luxury apartments with sea views.

Comparison of Property Prices in Maslak and Nearby Areas

Maslak is one of the most sought-after and luxurious areas in Istanbul, and several neighboring regions have a similar appeal in terms of location, access, and property prices. The areas that are adjacent to Maslak include Beşiktaş, Şişli, Sarıyer, and Beykoz, all of which have convenient access to public transportation, commercial centers, and urban amenities.

Beşiktaş (Located North of Maslak): Beşiktaş generally has similar prices to Maslak. The price per square meter for properties in Beşiktaş ranges from 15,000 to 40,000 Turkish Lira, with higher prices in the upscale and coastal neighborhoods.

Şişli (Located West of Maslak): Property prices in Şişli are generally comparable to Maslak, but in luxurious areas like Nişantaşı, prices may be somewhat higher. The average price per square meter in Şişli ranges from 15,000 to 30,000 Turkish Lira.

Sarıyer (Located North of Maslak): Known for its natural beauty and luxury properties, Sarıyer tends to have higher prices than Maslak. The price per square meter here typically ranges from 20,000 to 40,000 Turkish Lira.

Beykoz (Located East of Maslak): Beykoz, being a more residential area with green spaces and a quieter environment, generally has lower prices compared to Maslak. Property prices in Beykoz range from 10,000 to 15,000 Turkish Lira per square meter.

Benefits of Purchasing Property in Maslak & Future Price Growth Predictions

Maslak remains a popular and attractive area for real estate investment due to its central location, proximity to the Bosphorus, high-quality amenities, and modern lifestyle offerings. Here are some key advantages of purchasing property in Maslak:

Excellent Public Transportation Access: Maslak is centrally located and offers excellent access to the public transport network, including metro, buses, and ferries.

Proximity to the Bosphorus: The area is desirable for luxury buyers due to its scenic and coastal views of the Bosphorus.

Modern and Luxurious Lifestyle: The area, especially its coastal and upscale neighborhoods, offers modern properties with advanced amenities and design.

Price Growth Potential: Over the past few years, Maslak has experienced significant price growth, and it is expected that this trend will continue in the future due to the area's development and increasing demand for luxury properties.

Price Growth and Predictions for Maslak

2019: In 2019, property prices in Maslak ranged from 10,000 to 15,000 Turkish Lira per square meter. At that time, prices were relatively stable, with about a 10% growth compared to 2018.

2023: By 2023, there was a significant rise in property prices, with prices ranging from 20,000 to 30,000 Turkish Lira per square meter. Factors such as infrastructure development, foreign investment, and an increased demand for luxury properties contributed to this growth, showing a 40%-60% increase from 2019.

2024–2025: Property prices in Maslak are expected to continue rising, with forecasts indicating that prices will range from 30,000 to 40,000 Turkish Lira per square meter. The price increase will be driven by ongoing urban development, further demand for luxury homes, and improved amenities.

Next 5 Years: Over the next five years, prices are expected to keep rising, potentially reaching 45,000 to 50,000 Turkish Lira per square meter in Maslak, particularly in its luxurious and Bosphorus-facing neighborhoods. Continued development projects and demand for central locations will drive this increase, with a predicted growth rate of 20%-30% compared to 2024.

Facilities and Infrastructure in the Maslak Area

Maslak is one of the most advanced and rapidly developing areas in Istanbul, benefiting from its strategic location near the Bosphorus. The area is equipped with state-of-the-art facilities and infrastructure across various sectors, including transportation, healthcare, education, and entertainment. Below are some of the key facilities and infrastructure in this region:

Transportation Access:

• Maslak is well-connected with public transportation systems and major highways:
• The E80 highway (European Highway) provides easy access to Maslak.
• Maslak Metro Station offers quick connections to other parts of Istanbul, including Istanbul Airport.
• The Sultan Mehmed Fatih Bridge connects directly to the Asian side of Istanbul, just 10 minutes from Maslak.
• Easy access to Taksim Square, located just 20 minutes by taxi from Maslak.

Luxury Shopping Centers:

• Maslak is located near modern and luxurious shopping malls, making it an excellent area for shopping and investment:
• "İstinye Park" Mall, one of the most luxurious malls in Istanbul.
• "Vadistanbul" Mall, offering a large, modern space for shopping and entertainment.
• "Unique Istanbul" Mall, featuring international brands and top-tier services.

Educational Institutions:

• Maslak hosts prestigious schools and universities offering high-quality education:
• "İşık University," one of the top universities in Istanbul.
• "Nişantaşı University," known for its focus on modern sciences and innovation.
• "Beykent University" and "MEF University," both well-regarded for their academic programs.

Healthcare Facilities:

• The area is equipped with advanced medical centers offering high-quality healthcare services:
• "Acıbadem Maslak Hospital," one of the most reputable hospitals in the region.
• "İstinye University Hospital" and "İsmail Ak Gül Hospital," providing general healthcare services.

Tourist Attractions and Entertainment:

• Maslak offers various tourist and recreational attractions, attracting both residents and visitors:
• Luxury cafes and restaurants such as Starbucks, Sushi Bar Miyabi, and Nusr-Et Restaurant.
• Cultural museums like Kasr Humayun Museum and Alghiz Museum.
• "Türk Telekom Stadium," one of the largest sports stadiums in Istanbul.

Urban Development Projects:

• Maslak is undergoing continuous transformation due to major urban development projects, such as the "Venice Artificial River," which starts in Sarıyer and extends to Kağıthane, expected to become a major tourist attraction.

Security and Public Services:

• Maslak is one of the safest areas in Istanbul, thanks to its commercial centers, hotels, and luxurious real estate. Public services, including waste collection, cleaning, and urban services, are efficiently managed.

Sports and Recreational Facilities:

• The area also offers numerous sports and recreational amenities, such as parks, gyms, and indoor swimming pools, allowing residents to engage in physical activities and relaxation.

Summary

 Maslak is one of the best areas for both living and investment due to its modern infrastructure, healthcare, education, and transportation facilities. The continuous development and growth in the region make it an attractive choice for investors looking for future potential.

Frequently Asked Questions