Kagithane is located in the European side of Istanbul, near the city center with a population of about half a million, as it was close to the center, making people want to live in there. Formerly a working class district, it has become one of the largest real estate development areas in the city.
Location of Kagithane
Kagithane district is located between four important districts of Istanbul. Each of these districts has unique features and characteristics. The first district is Sisli, home to finance, business, markets, malls and local and international companies. The second one is Besiktas, where has the charming view of the Bosphorus, delicious fish restaurants, palaces and mosques. The third one of these districts is Beyoglu, tourist destination in Istanbul, which includes Istiklal Street, Taksim Square, hotels and historical buildings. And if we come to the fourth district that surrounds the Kagithane region, it is Eyupsultan, one of the most beautiful historical areas in Istanbul.
History of Kagithane
Kağıthane, called Pissa at the time, was founded in the Byzantine period beside the Barbyzes Stream, known as the Kağıthane Stream today. When the Ottomans started to rule Istanbul, Kağıthane caught the attention of the Ottoman Sultans and quickly became a popular recreation area.
Kağıthane is famous for its role in the Tulip period of Ottoman Empire. The Tulip Era, the beginning of the Turkish renaissance, started in 1718 and finished in 1930 as a result of Patrona Halil Revolt. The Tulip Era was a peaceful period in which diplomatic relations with Europe expanded, cultural embassies opened and delegations of Europe were more freely assigned in Istanbul. Above all, the Tulip Period was important for many ground-breaking achievements. In social life, the ruler class of Ottomans started to flirt with European culture and the European entertainment style, clothing fashion, and moral came to Istanbul.
During the Tulip period Kağıthane became a very very important area. First, Grand Vizier İbrahim Paşa built the Sadabad Palace along the river for the Sultan. Following the Sadabad Palace, around 170 pavilions or palaces were built along the Kağıthane Stream in just 8 years.
Investing in Kagithane
Real estate investment companies have invaded the Kagithane area because of its proximity to the center of Istanbul, and thus its proximity to companies and the labor market. Thus, housing projects are began to spread in the area and modern ones started to replace with the old ones.
