The Value of Real Estate around Osmangazi Bridge

Osmangazi will increase the value of the real estate around the bridge 3 times: The construction sector is also looking forward to the completion of the Gebze Istanbul Motorway. While it is 2 hours between 3.5 cities, summer prices around İzmir are expected to increase at least 3 times in 3 years.
With the Osmangazi Bridge, opened last week, Izmir is now 1.5 hours closer to Istanbul. However, when the 433 km long Gebze-Orhangazi-İzmir Highway Project, which also includes the bridge, is completed, the distance between İzmir and Istanbul will decrease to 3.5 hours. The person who set off from Istanbul with his car at noon will be able to sip his tea in Izmir in the evening.
Undoubtedly, the closeness of the distances will greatly contribute to the economy. The project especially excites the tourism and real estate sectors. While Istanbul and its surroundings are so close to the Aegean, it is seen as a great opportunity for domestic tourism, while the short distance is estimated to motivate the summer residents. The highway is expected to be completed in 2 years.
Mesut Sancak, the Chairman of Folkart, who has developed housing projects in İzmir and Çeşme, stated that the highway between cities such as Istanbul, Bursa, and Balıkesir will be the holiday region of Çeşme, and tourism will expand to 3.5 months in the region. Snacak emphasized that the highway project has not yet been reflected in real estate prices in Çeşme.
Sancak emphasized that Turkish people could not believe without seeing them, but that he would believe it when he got into his car and came to Izmir from Istanbul in 3.5 hours, “Then they will miss the train. After 3 years, prices increase at least 3 times. ” Alpan Veryeri, Chairman of the Board of Veryeriler İnşaat, another residential developer that produces projects in Çeşme, said, “The closeness of Marmara and the Aegean Region to the Osmangazi Bridge will also help increase the economic vitality. Reaching İzmir from Istanbul in a short time of 3,5 hours will also give İzmir tourism a great momentum. As the investments to be made in İzmir increase, İzmir will become an important center, especially in the real estate and construction sectors. ”
Noting that the highway will connect with the port in the Marmara Region as well as the port, which is being built in Çandarlı, Mustafa Baygan said, “Tourism centers such as Çeşme, Foça, Dikili and Bergama in İzmir and its surroundings are expected to increase their potential to 12 months. At the same time, the highway project will increase the number of visitors for history and cultural tourism. ”
Only the Osmangazi Bridge leg of the giant project has been completed. However, the land prices in Yalova have already begun to fly. Beyttürk Construction Chairman Muhammet Uğurcan Barman said, “Real estate investors who invested in all districts and villages of Yalova were beneficial. According to the zoning status, the lands on the route were valued at 300-400 percent today compared to two years ago. ”
ERA Real Estate Turkey would Coordinator Mustafa Baygen together with the opening of the motorway near Manisa and Izmir valued the land, he said. Emphasizing that an increase in summer prices is expected, Baygan said, “Starting from Gebze and following Yalova, Bursa, Balıkesir, Manisa, the lands where the highway passes were valued four times in some places. The high number of residential and tourism zoned lands is effective in increasing the value of these regions. ”


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