Partial Upward Movement in Beşiktaş Premium Real Estate Listing Prices
I closely monitor a wide range of segments in Beşiktaş, including plaza offices, premium retail units, villas, residence apartments, mansions, waterfront properties, and newly built apartments in Etiler.
I closely monitor a wide range of segments in Beşiktaş, including plaza offices, premium retail units, villas, residence apartments, mansions, waterfront properties, and newly built apartments in Etiler.
By analyzing and consolidating data from listing platforms and valuation tools, I observed a notable shift in March across certain locations and segments.
Approximately 30% of the portfolio shows upward price revisions,
with increases generally ranging between 10% and 20%.
However, I do not believe this movement is driven by strong demand fundamentals.
It appears more likely to be a reflection of inflation expectations and capital allocation behavior, potentially influenced by recent geopolitical tensions in the Gulf region.
This raises a critical question:
Should the goal be to sell at the highest possible price,
or to execute the sale at the right price and time, and deploy the capital effectively?
In the current environment, my approach is clear:
Right price, right timing, right strategy.
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