New builds in Basaksehir
Location and climate
Basaksehir is a district of Istanbul province in Turkey. The climate is Mediterranean: cool winters and hot summers.
It is profitable to buy an apartment in Basaksehir in a new build?
It is one of the most prestigious areas of Istanbul, as it is located south of the highway line and is surrounded by transport routes providing quick access to any destination in the region.
The district is relatively new and serves as a model for the introduction of high technologies in the field of urban infrastructure planning. In particular, this is the presence of very fast and cheap internet access points in any busy public places. You can make an appointment with a doctor or a government official through the municipal website and applications, and the whole system works without interruptions.
The district has a large industrial zone, where more than 300 thousand people are employed. High-tech purifying facilities are efficiently operating, which ensures the purity of the air. Transport is represented by buses and metro.
In addition, the area has a number of the following advantages:
- proximity to the airport;
- growth in investment returns;
- the metro line connects to the city center
- university (one of the most prestigious universities in Turkey)
- modern medical clinics (people come here for treatment not only from all over Turkey, but also from other countries).
The architecture of the area is represented by high-rise residential complexes. New builds for sale are being built in large numbers and at a fast pace. Compared with other, even new areas, the choice of housing is greater, and the prices for real estate in Basaksehir in the new builds for sale are still moderate.
The creation of a favorable investment climate stimulates an increase in investment, a growing demand for primary housing provides an annual increase in real estate prices. Apartments offered for sale in the new home for sale attract the attention of investors thanks to discounts and favorable installment plans .
New residential complexes in Basaksehir have increased earthquake resistance. It should be noted that the soil of the area on which the district is located is very rocky, which makes it one of the most earthquake-resistant. The sale of apartments from developers is carried out in compliance with the legislation, the quality of the objects meets Turkish building standards, which is confirmed by customer reviews.
According to the information provided by the real estate search engine GEOLN.COM, the minimum price per square meter of space in a new home from a developer in Basaksehir (apartment handed over in a turnkey condition) is 650 USD.
Attractions of the area
- Yarimburgaz caves (more than once became the location of filming of many local films) - the first documented settlement of Istanbul
- Ruins of Byzantine churches
- Gunpowder factory Azatli
- Ruins of the Resneli farm (belonged to the Ottoman military and politician)
- Ataturk Olympic Stadium
- Water Valley Park
- Samlar Tabiat park
- Cultural Center Basaksehir
Conditions for buying apartments in Basaksehir from the developers by foreigners
The sale of apartments to foreigners is prohibited in military zones, regions considered strategic. These zones are determined by the Ministry of Defense of the Republic of Turkey. Foreign investors can buy an apartment from a developer in Basaksehir on the same terms as the citizens of the country.
Purchasing an apartment in a new development in Basaksehir is a promising investment in a new developing area with modern infrastructure that will allow you to receive a stable income from renting out your housing.
Prices per sq. m. in popular districts of Basaksehir
| District | Price from |
|---|---|
| Guvercintepe Neighborhood | 650$ / m2 |