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About area Basaksehir
As urbanisation crept in and the population density increased, Istanbul's city began to expand east, west, north and south. As a result, new areas have emerged. One of them is the Başakşehir district, which has recently gained fame and given the title of the new centre of Istanbul.
Başakşehir is located in the western part of Istanbul, south of Arnavutköy and Eyüpsultan districts, north of Avcılar, Küçükçekmece, and Bağcılar districts, east of Esenyurt district, and west of Esenler and Sultangazi districts.
During the Ottoman Caliphate, Başakşehir was known as Azatlık, which served as a gunpowder depot from which the Ottoman army was supplied. In modern times, it belonged to the municipality of Küçükçekmece until 2009 when it had an independent municipality. Since that time, it has been witnessing a rapid growth in urbanisation and population density.
Unique Distinctive Places Başakşehir:
Since Başakşehir is a modern area, new and sophisticated infrastructure has been established. In addition, it is located on the E-80 highway and is equipped with a metro line and buses, which makes it very easy to access. As well as its proximity to Istanbul Airport, one of the most important airports in the world.
Countless public, private and international educational institutions are also constructed, and Ibn Haldun University, which is a private one, is located. Furthermore, the largest medical complex in Europe (Çam and Sakura City Hospital) is there, and equipped with the latest medical devices.
Regarding the entertainment aspect, it is worth mentioning the Mall of Istanbul, which was opened in 2014 and turned into a tourist attraction for tourists. It consists of an office tower, a tower for Hilton Hotel, residential towers and a building dedicated to shopping where all famous and international brands are there. In addition to the largest indoor amusement park in Europe named Moi Park.
Also, Başakşehir has the Ataturk Olympic Stadium and an artificial lake known as Bahçeşehir Göleti, as well as many parks and gardens, most notably Başakşehir Millet Bahçesi which is located in the modern neighbourhood, Kayaşehir.
The Era Project and the Ottoman Dream:
The Turkish government has adopted a project to build a new artificial waterway to replace the Bosphorus Strait, linking the Black Sea and the Sea of Marmara under the name of the Istanbul Canal. However, it will not be subject to the Montreux Convention, which has burdened the Turkish state for a century. It is scheduled to be established in 2023.
The idea of the Istanbul Canal belonged to the Ottoman Sultan Suleiman the Magnificent, and its architectural scheme was created by the famous Sinan Mimar, but it was neglected for unknown reasons. Sultan Murad III, Sultan Mehmed IV, Sultan Mustafa III, all of them had the same dream. Also, Sultan Mahmud II, who ordered the resumption of the project, but to no avail. Turkish President Recep Tayyip Erdoğan has the same dream as he is striving to make the dream come true, despite the opponents to the project.
This canal will pass through several areas, one of which is Başakşehir, which covers the largest area of the Istanbul Canal. Hence, this will benefit this district and increase its importance at all levels.
Real Estate Investment and Real Estate Prices in Başakşehir District in Istanbul:
Having known its strategic location and attractions, you can imagine how important real estate investment is in Başakşehir. Of course, there are those who have already realised this fact, namely construction companies and contractors who developed and implemented their plans, and they are working continuously on the construction of the most important residential projects in it.
In order to gain a larger segment of people, these projects have varied in Başakşehir between independent houses, duplex houses, villas, penthouses, townhouses, all of different sizes, in order to meet all tastes and needs. It has also made residential complexes an integrated environment of services and wellbeing, equipping residential complexes in Başakşehir with swimming pools and special security for the complex, near shopping centres and transportation.
As an inevitable consequence, property prices in Başakşehir are rising significantly, where Turks and foreigners purchase property in Başakşehir and invest it, such as reselling it after years in which the price of a house in Başakşehir doubles. Some of them prefer a permanent investment and earn sustainable profits, so they tend to rent out the house in Başakşehir for a large monthly return. Hence, the return increases as the advantages of the house in Başakşehir increases, such as a furnished house with a view of the gardens and parks in Başakşehir, or the Istanbul Canal in the future.
Turkish Citizenship and Real Estate Residence Permit with Mersat Real Estate:
The Turkish government provides the opportunity to acquire Turkish citizenship for foreign investors through real estate investment, after fulfilling simple conditions. Especially when compared to the conditions for granting citizenship in the countries of the European Union or the United States, for example.
If you want to apply for Turkish citizenship and get one of the most powerful passports around the world, and enjoy all the rights in Türkiye, simply follow these steps:
Purchasing one or more property in Türkiye worth 400,000 USD.
Obtaining real estate valuation by one of the companies accredited in the Land Registry and Cadastre (Tapu).
Exchange the value of the property in Türkiye from foreign currency to local currency at the Central Bank of Türkiye, and get a paper proving the process (DAB).
Pledge not to sell the property for a period of three years from the date of its purchase and sign that pledge in the The General Directorate of Land Registry and Cadastre.
Prepare the necessary papers and documents in order to acquire Turkish citizenship.
If your budget does not reach the specified amount to acquire Turkish citizenship, yet you want to invest in or settle in Türkiye, you have the opportunity to get the real estate residence permit, which requires only one condition to be met: purchase a property in Türkiye worth 75,000 US dollars.
We are fully aware that when you reached number five, you began to find it difficult. Since Mersat Real Estate Company cares about the convenience of the client, it does all these procedures on your behalf and prepares the required documents in order to acquire Turkish citizenship. As for you, our dear customer, just prepare your budget, sit in the car we allocate for you, and enjoy the journey of real estate investment with us.
Marsat Real Estate Company provides many offers to the investor as it puts in his hands a knowledge refined by life experiences. Moreover, it helps the client choose the best for him according to his taste and budget. If you need further inquiries, please contact us through our numbers provided on our website mersat.net
Real estate Articles
There are many legislations that allow foreigners to acquire Turkish citizenship, the most important of which is real estate investment