OVERVIEW

REAL ESTATE MARKET

TYPES OF HOUSING

TRANSPORTATION

EDUCATION

SOCIAL AND CULTURAL FACILITIES

COST OF LIVING

IN A NUTSHELL:

• Adalar is an Istanbul district made up of a collection of islands in the Marmara Sea. Adalar is known for its natural beauty, ancient monuments, and peaceful atmosphere. It is comprised of nine major islands: Büyükada, Heybeliada, Burgazada, Kınalada, Sedefadası, Yassıada, Sivriada, Kaşık Adası, and Tavşan Adası, as well as other smaller islands and rocky formations. Because there is no car traffic on these islands, the primary modes of transit are bicycles, horse-drawn carriages, and walking.
• Adalar has a significant architectural and historical legacy. The medieval wooden homes, churches, and monasteries of Büyükada stand out. The famous Naval High School, one of Istanbul's most prominent educational institutions, is located in Heybeliada. Burgazada is well-known for its natural beauty and for its maintained woodland regions.
• Adalar is a favorite getaway for both locals and visitors to Istanbul. It's the perfect destination to unwind and have fun due to the laid-back island vibe, plentiful beaches, great food options, and charming boutique hotels. Activities like walking, riding, and water sports may all be enjoyed here.

Transportation

The Adalar region relies heavily on maritime transportation. From Istanbul, you can take a sea bus or a motorboat to the islands. Between the islands, you can take a water taxi or a ferry. Since driving on the islands is strictly forbidden, visitors will need to find other ways to get around, such as on foot, by bike, or in horse-drawn carriages. By doing so, you will be able to appreciate the islands' pristine environment and vibe more fully.

Education

The educational options in Adalar are extensive. Schools in the area range from publicly funded to privately run. Depending on the demographics and needs of the community, the number and variety of available schools may shift. However, the Adalar region is lacking in educational institutions of higher learning. In order to attend college, one may have to relocate to a location closer to a university. Nonetheless, public transportation provides convenient access to the district universities in the area.

Social and Cultural Facilities

The Adalar neighborhood has a wealth of cultural and social opportunities. There are a lot of green spaces and recreational areas in the neighborhood to enjoy. Because of their scenic beauty and proximity to the water, the islands are a popular destination for tourists and locals alike. The neighborhood also features cultural attractions such as museums, galleries, cultural centers, and historic structures. Numerous dining establishments, coffee shops, and retail establishments cater to a wide range of preferences. The natural beauty and cultural wealth of the Adalar area make it a popular vacation spot for travelers from all over the world.

Cost of Living

Adalar is one of the more expensive neighborhoods in all of Istanbul. Property values and living costs are often higher than average because of the area's attractiveness to tourists. Transportation is also different in the Adalar district. The nature of island life, as well as the cost of boat transportation, might increase transportation costs. The cost of living, however, can differ from one person to the next based on factors including housing choice, income level, and standard of living.

Adalar's locals have generally adapted their way of life to that of the island. The residents of the area often want to take things at a slow, easy pace. Important features that affect people's daily lives include things like the island vibe, accessibility to nature, and sea views. Some locals work in the hospitality industry, while many others have found jobs in other fields. The district's economic makeup is skewed toward those in the middle and upper classes. However, the expense of living on the island and other factors may create economic stratification.

Overview

Adalar is an Istanbul neighborhood right on the Marmara. Most people get around by boat, as there is no traffic on land. Its rich history and culture have made it well-known around the world. When compared to other Istanbul neighborhoods, this one has a noticeably lower population. There are beaches and clear waterways to enjoy, which welcome guests as a popular tourist attraction.

Real Estate Market

Housing and rental prices

Adalar real estate prices increased by 91.18 percent year over year in May 2023. Properties with comparable amenities and dimensions typically sell for around 5,843,574 TL and have 121 square feet of living space.

Rental rates for a property may fluctuate in a manner distinct from that of the property's sale price, depending on a number of factors. Size, location, amenities, rental demand in the area, market conditions, and other factors all play a role in determining a rental property's asking price.

To provide a precise figure for the typical monthly rental cost on the islands, more in-depth research is required. The average monthly rent on the islands depends on supply and demand, but it can be anywhere from 10,000 TL to 25,000 TL.

What has been the district property price trend in recent years? What are the predictions for the future of this trend?

Due to its enviable island location, stunning scenery, and rich history, Adalar has always been a popular neighborhood. Property values in the area have risen steadily over the past few years, particularly for waterfront homes and those with expansive views. The high demand for real estate and the scarcity of available land on the islands has led to a significant price increase.

Economic conditions, supply and demand dynamics, infrastructure development, and governmental policies are just a few examples of the many external factors that can influence property market trends. These factors can change over time and affect the property market in Adalar.

Without in-depth research and analysis, it is tough to make accurate predictions about the future since property market trends are subject to a variety of uncertainties and are susceptible to a wide range of unpredictable factors. If you want more reliable projections for Adalar property values, it is in your best interest to speak with one of our real estate experts who has access to the latest market data.

Which are the most popular and valuable areas in the district?

The Adalar district is home to some highly desirable and frequented locations, including:

Büyükada: The island of Büyükada is the most populous and well-known in the Adalar region. There are many fine dining establishments, hotels, and beaches in the area. The Aya Yorgi Monastery, a landmark in Büyükada, is also popular with tourists.

Heybeliada: Heybeliada, the second-largest island, is characterized by a relaxed and tranquil lifestyle. The island is well-known for its beach resorts, picnic areas, and religious centers. Heybeliada also features lodgings and eateries for your convenience. 

Burgazada: Burgazada, the third-largest island in the Adalar district, is known for its natural beauty and serene atmosphere. The island's historic mansions, restaurants, and cafes make for a relaxing vacation for guests.

KInalada: Kınalıada is the smallest island in the Adalar district and has a calm and peaceful atmosphere. It is known for its beaches, sea, and clean air. You can take a walk, ride a bicycle to tour the island, or enjoy the sea in Kınalıada.

Types of Housing

Housing in the Adalar neighborhood consists predominantly of apartment buildings. They range in size and number of bedrooms and can be found in apartment complexes with multiple floors.

In the Adalar neighborhood, detached homes are uncommon. Single- or multi-story homes with gardens are typical, and they often feature generous square footage inside.

Houses for seasonal usage can also be seen along the Adalar district's shoreline. Vacation homes can be seen in many coastal communities' residential complexes.