Başakşehir, Arabs' Eden for Investment in Istanbul
Last Updated: 2023-10-25Başakşehir, Arabs' Eden for Investment in Istanbul
Many reasons why Başakşehir is the first choice for Arabs to invest in real estate in Istanbul, is it for you as well? Certainly, you have heard of it before. Although it is new, it is famous and has a great importance which makes it rival the city's most important areas.
If you are curious to know this area, read the following article, which will be detailed about it.
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Significant Characteristics of Başakşehir - Istanbul:
Founded in 2008, the area is characterized by a modern and sophisticated structure, also it is close to the most important strategic projects in this city, such as Istanbul Airport, Istanbul Canal, Başakşehir Medical City where it was established.
Have you wondered why foreigners, especially Arabs, are only living, settling in and investing in real estate there? The presence of Arab is so high that it has won the title of "Rich Arabs' Area".
Through the following paragraph, will highlight in detail the most important service and leisure facilities in Başakşehir:
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Public Transportation:
Thanks to the area's modern transportation network, such as metro and buses, it is easy to get there. Also, it links between the city's two most important highways: E-5 and TEM.
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Commercial Centers:
It is considered one of the most full areas of malls and shopping centers, which have contributed to meet all the needs of the population, such as Mall of Istanbul, which is one of the largest malls, not only in Türkiye or Istanbul but in Europe in general.
It also contains many cultural centers, cinemas, theatres, and libraries (most of its residents are intellectuals and academics).
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Educational Institutions:
Başakşehir has many public and private schools, as well as some international schools, most of which teach Turkish, English and Arabic.
It has important universities, such as Ibn Haldun University and Bahçeşehir University, as it is expected that many other universities will be built in the future to provide all disciplines and fields of study.
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Parks and Gardens:
This area has wide greenery, gardens and parks, all of which are a manifestation of the well-being and comfort of the area's residents, which makes it healthy along with fresh air.
To the north, Başakşehir is also bordered by dense evergreen forest containing pine and cypress trees.
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Recreational Facilities:
Başakşehir is full of entertainment venues that have added high investment importance such as restaurants, cafés, exhibitions and sports clubs, as well as Türkiye's largest artificial lake.
All of these factors that we mentioned have transformed the area into the most important real estate investment centers in Istanbul, in addition to the fact that the prices of real estate and apartments are constantly increasing, as they have increased by almost 45% in the past three years.
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The Advantages of Purchasing an Apartment in Başakşehir - Istanbul:
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Life in Basakşehir is quiet and away from hustle and bustle and pollution, so its residents get a lot of rest.
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There are a lot of distinctive real estate offers and many modern residential complexes have been built recently.
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The streets of Başakşehir are wide and organized, where there is a distance between one building and another, i.e. the buildings are not adjacent.
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Despite the increase in property prices, they remain cheap and fair compared to prices in similar areas of Europe.
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Due to its heavy Arab presence, it a conservative area similar to the Arab countries.
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Property Prices in Başakşehir:
A fixed price for real estate prices in this area cannot be mentioned, since the prices of apartments within residential complexes are higher than those outside the complexes. Also, they are constantly increasing.
Among the reasons for the rise in real estate prices in Başakşehir more than any other area in Istanbul are:
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It is experiencing significant growth and accelerating urbanization.
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The demand for real estate is very high there.
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Its proximity to vital projects.
It should be noted that prices there are expected to rise in the coming period as the construction of the Istanbul Canal ends.
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The Location of Başakşehir:
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This area is located on the European side of Istanbul.
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It has an area of about 104,000 square kilometers.
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On the south: Avcilar, Küçükçekmece and Bağcılar.
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On the north: Arnavutköy.
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On the east: Esenler and Sultangazi.
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On the southwestern: Esenyurt.
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The Neighborhoods of Başakşehir:
Başakşehir has nine neighborhoods:
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Bahçeşehir (part one).
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Bahçeşehir (part two).
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Kayabaşı (Kayaşehir).
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Şahintepe.
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Şamlar.
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İkitelli.
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Altınşehir.
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Güvercintepe.
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Ziya Gökalp.
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Başakşehir's Population:
According to the Directorate of Civil Registration and Nationality, the population of Başakşehir is nearly half a million people, and this population density is one of the most important factors that encourages investors to invest in it.
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More than half of the area's population are males.
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The student population in the area exceeded 66%.
If you want to invest in a real estate investment in Başakşehir, there are many opportunities available, feel free to purchase your apartment within the finest and most luxurious residential complexes. So, please, contact Mersat Real Estate and tell us about your wishes, let us know the goals you are pursuing to be with you in all your steps so you can reach them.
Edited by Mersat Real Estate Team ©
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