Mall of Istanbul… Modernity and Excellence

September 30, 2022
Tourism in turkey

The city of Istanbul contains a wide range of luxury malls and famous shopping centers, many of which have gained an advanced and distinguished international status, and some of them have won international awards.

In this article, the editorial team at Hana Real Estate will shed light on the most important malls of that city (Mall of Istanbul), which is a symbol of progress and luxury and has an important position on the European level.

Brief on Mall of Istanbul

Mall of Istanbul is one of the largest shopping centers in Turkey and is located in the city of Istanbul with a total area of 2.83 million square feet.

The mall opened its doors to the public on May 28, 2015.

The mall includes more than 300 stores, a food hall with more than 30 restaurants, and a cinema complex that includes 18 screen, bowling alley, spa, fitness center and the mall also includes a hotel and fully serviced apartments.

How to get to the Mall of Istanbul?

The best way to get to the Mall of Istanbul is to take the metro. The mall is located near Kocatepe station on the M2 line. If you are coming from the airport, you can take the Havaist bus to the metro station.

The luxury of urban design for Mall of Istanbul

The mall has a unique design inspired by the city’s history and culture. The mall’s exterior is designed in the shape of a traditional Turkish carpet.

The interior of the mall is decorated with Turkish motifs and includes an Islamic chapel.

The mall also has a luxury hotel attached to it, the Mall of Istanbul Hotel.

The hotel has 300 rooms and suites.

Services provided to visitors in Mall of Istanbul

-Wi-Fi is free.

-ATM machines.

-Currency exchange.

-Wheelchair rental.

-Stroller rental.

-Baby changing facilities.

-First aid.

Other most important malls in Istanbul

Certainly, there are a wide range of distinguished malls in Istanbul, which are worthwhile and it is wonderful to visit them when you are in that city, the most prominent of which are:

-Istinye Park – Located on the European side of Istanbul, this mall is one of the largest in Turkey with more than 300 stores.

-Cevahir: Also located on the European side, Cevahir is the largest shopping mall in Europe with more than 400 stores.

-Akmerkez- One of the oldest and most famous shopping malls in Istanbul, Akmerkez is located on the European side and has more than 200 stores.

-Kanyon: A new mall located on the European side, Kanyon has become famous for its unique architecture and design as well as its choice of stores.

-Forum Istanbul Shopping Center is one of the largest shopping centers in Europe with a total area of 170,000 square meters and is located in the Beyoglu district of Istanbul and has more than 280 stores.

The importance of malls and shopping centers in Istanbul

Malls and commercial centers are among the important places in Istanbul. They not only provide a place to shop but also a place to meet friends, relax and escape from the heat or cold. In addition, malls usually have a food court where you can find a variety of different foods.

The difference between malls and popular markets

The European side of Istanbul is where most of the tourist attractions are located, as well as the more modern malls and the Asian side is generally less crowded and more relaxed, where traditional markets sell a variety of goods and malls in Istanbul tend to be large, air-conditioned and full of international brands.

They are usually located in the more affluent areas of the city and are popular with locals and tourists alike. Given these factors, it can be quite expensive, especially if you are looking to buy brand name items.

Popular markets in Istanbul are usually found on the streets or in small shops around the city where they sell a wide range of goods, from food to clothes to souvenirs, at prices much lower than what you might find in the mall.

Bargaining is a common practice in these markets, so be prepared to bargain!

The effect of malls on real estate investment in Istanbul

In some cases, these malls are located near or within residential areas to attract more customers. The aim of this study is to investigate the effect of shopping centers on real estate investment in Istanbul using data from the past ten years.

The results showed that there is a positive and statistically significant relationship between shopping centers and real estate investment in Istanbul, and the study also found that there is a significant difference in the effect of malls on real estate investment when looking at the location of the mall.

Shopping centers located near or within residential areas have a greater positive impact on real estate investment than those in other areas.

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