Çanakkale Bridge increase in real estate prices

Çanakkale Bridge increase in real estate prices

The 1915 Çanakkale Bridge and highway project, built across the Dardanelles, will connect the European and Asian continents and make the city more accessible. Çanakkale, which is in the triangle of Istanbul, Izmir and Bursa, has increased the field and housing prices in the region with the ease of access to big cities with the bridge.

The 1915 Çanakkale Bridge and Kınalı-Tekirdağ-Çanakkale-Savaştepe Highway Project, which is under construction and planned to be put into service on March 18, 2022, in the Çanakkale Strait, between Sütlüce in Gelibolu and Şekerkaya in Lapseki, is changing the fate of the city. The 1915 Çanakkale Bridge, which will connect the European and Asian continents for the first time in the Dardanelles, will eliminate the transportation difficulty of the city, especially to Istanbul. While the long queues of vehicles at the ferry piers on both sides of the Dardanelles during the summer due to holidaymakers extended the passage of the Bosphorus and turned it into an ordeal, adverse weather conditions in the winter months also hindered sea transportation and made it difficult to reach Istanbul. Çanakkale, which will cease to be an inaccessible city with the bridge, has begun to attract those who want to get away from the crowds and stress of big cities.

The land and fields in the districts of Lapseki and Gelibolu, where the 1915 Çanakkale Bridge was built, and the surrounding villages, are in great demand, especially by those living in Istanbul. The 1915 Çanakkale Bridge not only increased the land and field prices in Gallipoli and Lapseki, but also the real estate prices throughout the city. Due to the increase in demand for Çanakkale, which is shown as one of the best cities to live in, land, field and housing prices have increased exponentially every year. However, real estate agents state that the real estate prices are still affordable and the areas do not suffer any loss.