Own a Property in the Cheapest Residential Housing Projects in Istanbul
Last Updated: 2023-07-27Own a Property in the Cheapest Residential Housing Projects in Istanbul
One of the most sought-after apartments in Istanbul is the relatively cheap apartments that suit low and middle income people, although Istanbul is the city that business leaders and foreign giant companies choose to invest in its properties, yet in this article we will share with you the residential complexes that offer relatively cheap apartments.
In this article you will read:
-How do you set the price of an apartment in Istanbul?
-In which areas will I find cheap apartments within residential complexes?
-Mersat Real Estate offers.
How Do You Set the Price of an Apartment in Istanbul?
There are many factors affecting the price of apartments in Turkey:
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Location:
The location of the apartment is one of the most important factors that raise its price, as the price of a house in Istanbul increases as the importance of the site increases and being near to public transport and major roads.
The neighborhood or the city in which the apartment is located also gives it some special and distinctive qualities that go into determining its price.
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View and Size:
The price of an apartment in Türkiye increases as its view expands and becomes more important, so of course the price of the apartment overlooking the Bosphorus Bridge will not be equal to one of the apartments located on the outskirts of Izmir, for example. Also, the more the size of the house increases, the more its value increases.
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Ready or Under-construction:
The price of a ready for habitation house in terms of furnishings, designs, electricity, water, telephone and internet is different from the price of the house that is still under construction. Of course, the price of the property or ready for habitation house will be more expensive, but in proportion to the degree of readiness and quality of the designs, furnishings and others.
Each of these two types of homes in Türkiye has its own specific features and characteristics, which in turn attract different segments of the population and investors.
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Cladding:
Each design, type of furnishings, colors, extensions and other equipment, even the materials used for construction have an impact on how the house is priced in Türkiye.
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Services:
On top of all these factors, the availability of services such as security, hygiene and certain facilities, such as a garden or swimming pool, are factors that have a fundamental impact on determining the level of luxury as well as the price of the property. Naturally, the more the facilities and services are there, the higher the price of the house in Türkiye.
In Which Areas Will I Find Cheap Apartments within Residential Complexes?
We, in this article, are not talking about the cheap apartments that we can find in Istanbul's popular neighborhoods, but about the apartments in residential complexes, which provide recreational and security services to the residents.
Certainly, the norms we talked about earlier affect the price of apartments in these residential complexes, but on the whole there is more than one area where you will find relatively cheap apartments within high-end residential complexes, including:-
Esenyurt:
It is located on the west of the European portion of Istanbul, occupying an area of 2770 hectares. As for its borders: Bahçeşehir, Başakşehir and Arnavutköy districts to the north, Avcilar district and Küçükçekmece Lake to the east, Beylikdüzü to the south, Büyükçekmece Lake to the west.
It is approximately 45 km from Istanbul Airport and 3 km from the shore of the Marmara Sea.
Located in the centre of Esenyurt, the square is a vibrant and vital centre, where modern and traditional life are combined, producing an amazing and attractive combination for all residents.
Esenyurt has dozens of high-end and cheap residential complexes compared to other areas such as Taksim, Şişli, Fatih and Başakşehir. By the way, we are talking about similar recreational and security services, the difference is only in one part which is the geographical location, since Esenyurt is relatively far from the center of Istanbul. Nevertheless, it is an integrated city with all the services of government, commercial, educational and health.
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Bahçeşehir:
This area is still getting sophisticated so far, hence, the prices of apartments in residential complexes are still relatively cheap compared to other areas. Moreover, there are several giant government projects, the most famous of which is the "metro project" that will be opened in the region in the near future. According to "Real Estate Advisor at Mersat Company", it will record a 25% increase in prices once the completion of the metro drilling work and the opening.
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Arnavutköy:
A rural area has gained its fame after Istanbul's third Airport was opened "one of the largest airports in the world" and the greater part of the Istanbul Canal " the largest investment project in the history of Türkiye" will pass through it.
Real estate prices in this province have increased by up to 1000% in some places.
The area has less luxurious residential complexes than other areas, still it is cheaper and suitable for middle income earners.
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Silivri:
A rural tourist area, perceived by some as the future of low-income people, has been chosen as an expansion of Istanbul city and as a suitable option in the event of seismic activity, including government plans to demolish six million old houses in Türkiye where a large part of them in Istanbul, thus Silveri was chosen as an alternative place to live if residents wish to move to the Turkish countryside.
Silveri has real estate offers in relatively cheap residential complexes with distinctive views of the Sea of Marmara.
Mersat Real Estate Offers:
Three offers we offer you in three vital areas of Istanbul:
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Yalçın Tower Project:
A ready for habitation project located in Bahçeşehir, consisting of 8 buildings | 322 apartments.
The advantages of the Yalçın Tower Project in terms of location:
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The special location in Bahçeşehir, the rising area, in the heart of Istanbul city.
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The project is close to the metro station.
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The project is close to the TEM Highway.
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The project is close to shopping centres.
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The project is close to the Istanbul Canal.
The advantages of the Yalçın Tower Project in terms of design:
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The smart home system is installed.
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High quality sound and heat insulation.
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The highest standards of seismic safety are applied.
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Express lifts.
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Service and recreational facilities (training centre, swimming pool, basketball court, closed-off parking lot, security system).
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The Sun of Silivri:
A ready for habitation project located in Silivri, consisting of 16 | buildings 388 apartments.
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The advantages of the Sun of Silivri Project in terms of location:
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The project is close to the interchange of the E-5 International Highway and the road to Istanbul International Airport.
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The project is close to the sea.
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Close to service centers such as hospitals and schools.
The advantages of the Sun of Silivri Project in terms of design:
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Large balconies and terraces.
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The gardens and greenery cover 15,000 square meters.
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Few-storey horizontal buildings design.
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The project is suitable for family life.
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The project is close to Silivri sandy swimming beach.
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A beautiful sea view.
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High quality sound and heat insulation.
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The highest standards of seismic safety are applied.
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Express lifts.
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Service and recreational facilities (gym, swimming pool, Turkish bath, café, playgrounds for children, closed-off parking lot, security system).
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Golden House Project:
An under-construction project located in Esenyurt.
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The advantages of the Golden House Project:
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Gardens and greenery cover 60% of the total project area.
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The smart home system is installed in the project.
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Luxurious accessories and elegant architectural designs.
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High quality sound and heat insulation.
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The highest standards of seismic safety are applied.
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Express lifts.
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Service facilities meet the highest standards of well-being (an indoor swimming pool, an open-air swimming pool, gym, Turkish bath, sauna, basketball court, handball court, playgrounds for children, closed-off and open-air parking lot, security system).
To learn more about the details of the cheapest apartments in Istanbul's high-end residential complexes, you can contact Mersat Real Estate team through our website mersat.net and request a physical or virtual tour if you are outside Türkiye.
Edited by Mersat Real Estate Team ©
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