Reasons to buy a property in the new districts of Istanbul

There are many factors that make properties in Istanbul is an investment-attractive asset. One of them, of course, is the ambitious plans of the Turkish government aimed at improving infrastructure and implementing new projects. Due to this approach, the country has become one of the 20 most powerful economies in the world, and Istanbul has become its tourist capital. A densely populated city, which is an economic and commercial center, is developing day by day in all areas, whether it is the transport network or the construction sector, contributing to the expansion of its territory.

The population density of Istanbul is increasing rapidly. A large number of expats from Iran, Afghanistan, Pakistan, China, Russia, Ukraine, Germany and other countries live here. In order to reduce the burden on the old city, the Turkish government had to expand the area of the city and make new areas attractive to foreigners. It has started actively implementing development projects, which include the creation of the third Istanbul Airport and the Istanbul Canal, which is scheduled to open in 2023, away from the center.

Among the new districts that have emerged as a result of this initiative, it is necessary to highlight Basaksehir, Bakhchesehir, Ispartakule and Beylikduzu. Here you can find everything you need for a comfortable life, including shopping malls, restaurants, schools, hospitals, universities and mosques. In less than ten years, the districts have become one of the most popular places not only among foreign, but also among local investors. The residential real estate they offer is distinguished by luxury, functionality and diversity.

Basaksehir

Among the 40 districts of Istanbul, Basaksehir managed to become one of the most famous. It was founded in 2009 after it was separated from Kyuchukchekmedje. Basaksehir borders many important districts of the city: in the north – with Arnavutkey and Sazili Dere Lake, in the northeast – with Eyup, in the east – with Sultangazi and Esenler, in the south – with Bagdzhylar, in the southwest – with Esenyurt.

Reasons to buy a property in Basaksehir:

• the breadth of the streets and their organized layout, extensive green areas, a calm atmosphere, as well as distance from the hustle and bustle of the city;
• about 35 primary schools, 30 secondary schools and 5 kindergartens, as well as 3 of the most famous international schools in Istanbul;
• the developed metro network, which has become one of the most important factors that contributed to the increase in the investment value of the area;
• wealthy locals;
• Ibn Khaldun University, which, despite the fact that it opened not so long ago, is known within the country and around the world;
• Medical City, the largest medical town in Europe and the Middle East;
• Mall of Istanbul, the largest shopping mall in Turkey;
• library with an area of 2,500 thousand m², containing more than 100,000 books;
• luxury five-star hotels, restaurants, cinemas and other entertainment venues.

Bakhchesehir

Bakhchesehir is located on the European side of the city, between the lakes Kucukcekmedje and Buyukcekmedje. It belongs to the Basaksehir district. Historically, Bahcesehir was an independent district. It was founded in 1999, and in 2016 it was divided between Basaksehir and Avcılar after the Istanbul Municipality changed the administrative boundaries of the districts.

The word «Bakhchesehir» in Turkish means «city of gardens». The district got its name because of the large number of parks and green spaces, hills and an industrial lake that stretches over an area of 300,000 m². Due to these factors, Bakhchesehir managed to receive several awards from the Ministry of Environment of Turkey and the European Union in a short period of time.

Reasons to buy a property in Bakhchesehir:

• proximity to Istanbul’s third airport and to the Istanbul Canal project, which, upon completion, will connect the Black Sea with the Sea of Marmara;
• developed transport network, as well as many social facilities and cultural centers;
• a large number of secondary, preparatory and primary schools, polyclinics, cultural centers, theaters and shopping centers;
• several popular universities, including Istanbul Esenyurt University and Istanbul University;
• a wide range of residential real estate, including studios, apartments with 1-6 bedrooms, duplex apartments, hotel apartments, villas, penthouses, etc.;
• investment attractiveness, justified by proximity to important infrastructure facilities such as the Bakhchesehir Cham and Sakura Hospital, which is the largest hospital in Turkey, the Chocolate Museum and the world’s largest tennis academy.

Ispartakule

Ispartakule is located to the north of Lake Kyuchyukchekmedje. It is part of the Avcilar district and is bordered on the north and east by Basaksehir, and on the west by Bakhchesehir. Ispartakule, like the previous two districts, is located near Istanbul’s third airport. You can get here by using the E-80 highways and TEM that are located a few minutes from Bakhchesehir and Esenyurt. Due to the fact that the area is located on a high hill, it is characterized by a flat landscape and low temperatures compared to the city center.

Reasons to buy a property in Ispartakule:

• proximity to the Istanbul Canal mentioned above, which has already begun to be called the second Bosphorus and which, according to experts, will lead to a rapid increase in prices for local real estate;
• picturesque nature, due to which a quiet and peaceful atmosphere reigns on the territory of the district;
• highways that allow local residents to quickly get to any area of the city, despite the distance from the center;
• the largest residential projects that are being built in accordance with the latest standards of earthquake resistance, as well as objects with modern design and heat-insulating glass facades;
• a wide selection of multi-storey complexes, whose residents can enjoy views of the surrounding green spaces and Lake Kyuchukchekmedje;
• a large number of international hotels, including Sheraton, Hilton, Radisson Blu and Rotana.

Beylikduzu

Beylikduzu is a rural area located on the shore of the Sea of Marmara. It attracts property buyers who want to live surrounded by green nature and the sea, as well as enjoy modern amenities. Being a fast-growing and developing location with a strategic location, Beylikduzu has become one of the most well-served areas of the city. It has everything you need for a comfortable life, including universities, schools, hospitals, restaurants, shopping malls, green parks, etc.

Reasons to buy a property in Beylikduzu:

• a transport network that provides local residents with access to both the European and Asian parts of the city;
• luxury residential complexes with a wide range of amenities and sea views;
• schools, hospitals, shopping malls, restaurants, parks and other important infrastructure that are necessary to maintain a high standard of living.

Our assistance in buying real estate in Istanbul

Investors and end users who wish to purchase real estate in Istanbul or another Turkish city should familiarize themselves with Turk.Estate. The aggregator catalog presents a wide range of residential and commercial units, so everyone can find a suitable option for themselves here. To get help with the selection of a property, support at all stages of the transaction and high-quality after-sales service, contact the company’s specialists directly, who are ready to answer customer questions at any time of the day.