Investing in Basaksehir
In a study conducted by one of the most important Turkey’s real estate appraisal institutions , about the district of Başakşehir explained that this district is in the tops of the districts of Istanbul in the European side in terms of the increasing residential spaces, for embracing several infrastructure projects established in the city.
Investing in Basaksehir
Like the Third Airport in Istanbul and the Third Bridge of Istanbul, the mega-projects have led to a 27% increase in real estate prices in Basaksehir. In the last two years, the cumulative increase in property prices has been 47%. The study adds that the Başakşehir district will enter the first five regions expected to increase in price after the completion of the mega projects mentioned above.
Following completion of these projects, property prices in the region will continue to increase, especially the Bio-Istanbul project hosted by the scientific and educational research and development units of the Medical City complex, Europe’s largest medical city. The region will contribute to local and foreign tourism, commercial units, cultural centers and conference centers. At the same time, this study confirmed that the county is considered one of the largest settlement areas of Istanbul and is one of the preferred areas of investors in the medium and high economic level, and at the same time rich in land reserves. and real estate projects will continue to grow rapidly.
In the study, it is expected that the real estate gains in the Başakşehir district will be above the average profit of Istanbul real estate sector in the coming period. Investors also said that real estate prices will continue to increase in the province, advising investors to invest in infrastructure projects before they are completed. After completion of the infrastructure projects mentioned above, prices will reach the peak.
Arab companies investing in Istanbul’s real estate market in Basaksehir
The province of Basaksehir has witnessed widespread dissemination of foreign investors in recent years. Many foreign investors, especially those from Arab Gulf countries, prefer to invest in the Arabic countries’ Başakşehir district and have some Arab real estate companies working among them.
Ongoing social projects in Basaksehir
With Basaksehir-Yenikapi line, it is possible to reach to Sarıyer in Europe and to the Pendik in Anatolia by rail system. Yenikapı-Kirazlı- Metrokent line started to work to reach Kayaşehir. 4 stops including city hospital are added. The work will be completed in 2019 and will be provided to Kayaşehir metro. The planned 3 new subway lines and 1 tram line will take place in Bahçeşehir in the renewed Halkalı-Çatalca suburban train. In this case, Başakşehir will be one of the most benefiting cities of Istanbul’s guided system lines.
It will be one of the biggest airports in Europe and will be in service in 2019. The airport is 15 km away from Basaksehir.
The construction of all the connection roads and viaducts in Başakşehir continues. Marmara Highway, Trakya Highway, TEM Road and 3rd Bridge Road, 3. It will be very easy to reach the airport and Yavuz Sultan Selim Bridge.
Construction work of İstanbul İkitelli City Hospital which will have 2,700 bed capacity is underway. The hospital is scheduled to open in 2020. The city hospital, which will serve 23,600 patients a day, will provide direct employment to approximately 10 thousand people when completed. The city hospital, which will serve not only Basaksehir but also the surrounding provinces and provinces, will contribute greatly to the district economy.
Park and Square Projects
Kayasehir City Square
65 thousand square meters of area is being built. Underground station with underground parking available Beside the square, a design award-winning mosque with a capacity of 5,000 people is being built.
You can enjoy 209.000 square meters of green area in the project with your family and friends, take the stress of the day in the sports areas, walk along the 11,617 meters long pedestrian walkway. In addition, your children can have fun in the children’s playground while you enjoy nature with your friends. There are large grassy areas, basketball tennis courts and an activity pavilion that will become the center of social life.
Water Valley Park
Water Valley in Başakşehir 5th Stage; 45.723 m2 of green areas, 20 thousand 600 square meters of walking paths, shopping center, restaurants, cafes, social and sportive facilities of the fresh breath of nature in Başakşehir one of Istanbul’s most modern open-air social facilities. In the Waters Valley; 5 mosques, 845 m2 creek, pools, 1 market, 6 cafes, 2 restaurants, 1200 people capacity 1500 an amphitheater installed on a square meter, an indoor parking area of 157 vehicles, and an open parking area of 87 vehicles
Bahçeşehir Pond Park
Bahçeşehir Pond, which is the first and largest artificial pond of Istanbul and covers an area of 26.000 m2, is located within the 300,000 square meter Bahçeşehir Park recreation area. This area features various restaurants, playgrounds, special clubs, tea garden, as well as Istanbul’s 2nd Big Arena arena, hosting various shows and concerts.