Istanbul Earthquake Drives Silivri Land Prices to Record Highs

A recent 6.2 magnitude earthquake felt across Istanbul has raised fresh concerns among residents and directly impacted the real estate market. While the city sustained no major damage, fears of possible future tremors have prompted many to seek safer alternatives outside the urban center.

Why Silivri?

Located west of Istanbul, Silivri is considered one of the city’s more earthquake-resistant areas. Its favorable geological profile and lower building density make it an attractive option for those prioritizing seismic safety.

How Did the Market React?

According to data from leading real estate platforms, in just 48 hours following the earthquake:

The price of a standard land plot in Silivri rose from $119,742 (₺4.75 million) to $132,342 (₺5.25 million) — an increase of approximately $12,600.

This surge reflects growing demand for suburban and seismically stable areas as viable alternatives to city-center living.

Why Land Investments Remain Popular

Land plots in Turkey continue to be a practical and accessible investment for both domestic buyers and foreign investors. Key benefits include:

Lower entry costs compared to ready-built properties.

Availability of plots with existing utility connections.

Strong long-term appreciation potential, especially in strategically located districts like Silivri.

Investors see land as a reliable asset for both personal use and future development in a market sensitive to natural disaster risks.