Is it time to buy a new apartment in Gayrettepe?

In my opinion, Gayrettepe is a valuable residential area located in a unique location throughout Beşiktaş.

Neighboring the E-5, Büyükdere Central Station, and Barbaros Boulevard, Gayrettepe has the potential to become a center of attraction for both commercial and residential development.

Until recently, most of the buildings in Gayrettepe were old.

Over the past 3-4 years, they have been renovated at a slow but steady pace.

However, housing prices in Gayrettepe have increased below the Beşiktaş average over the past 2-3 years.

I believe Gayrettepe will fill this gap if demand increases in the coming period.

Furthermore, if interest rates and other risk-free currency protection instruments decline in attractiveness, I predict that new-build apartments will be one of the areas where prices will rise most rapidly.

Consequently, purchasing a new-build apartment with a fair price tag or an older apartment in an urban renewal project that offers advantages may be the right approach today.

Regarding the area, Yıldız Posta Street, Vefabey Street, Süleymanbey Street, Fahri Gizden Street, Vefabayırı Street, or the streets adjacent to Barbaros Boulevard could be target buying areas.

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