New builds in Canakkale
Location and climate
Canakkale is a port city in Turkey, located at the entrance to the bay of the same name, on the peninsula of Asia Minor on the coast of the Dardanelles (connecting the Marmara and Aegean seas).
The climate is Mediterranean. In the summer months the air temperature can exceed +30, and in winter it rarely drops below +5.
Why is it profitable to buy an apartment in Canakkale in a new build?
Canakkale is one of the Turkish centers for the production of canned fish (considered perhaps the best in Turkey). It is connected by ferry to Istanbul. This port city is a transit point on a popular tourist route to the architectural complex of ancient Troy, located nearby. Canakkale has a developed infrastructure and convenient transport links. The architecture is represented by low-rise buildings surrounded by green spaces. There are interesting archaeological excavations in the vicinity, excellent beaches with clean clear water and ample opportunities for water sports and recreation.
The city has Canakkale Onsekiz Mart University, which is considered a major university with more than 39,000 students (local and foreigners), and an academic staff of 2,000 teachers. Students can take part in international exchange programs.
The city has two airports. The first serves flights from Ankara, Istanbul, the second - flights to the island of Gokceada. Buses run to Istanbul and Izmir. Most of the frequently visited places in the city are within walking distance, however, buses run there as well; there is a ferry crossing, minibuses and taxis.
The city of Canakkale and the province recorded a significant increase in housing prices in new builds for sale. The reason for the rise in price was the construction and commissioning of the world's largest suspension bridge, which connected the European and Asian parts of the Republic of Turkiye - the banks of the Dardanelles. As a result of this large-scale infrastructure project, the Canakalle new-build market is becoming a promising alternative to Istanbul in terms of investment.
It is supposed to increase the population of the city, to intensify development due to the formation of new industrial zones, the growth of investment in production. The growth rate of the housing stock, according to experts, does not yet satisfy the demand for Canakkale real estate in the new homes, this circumstance puts increased pressure on prices. Residents of Istanbul are migrating en masse in search of residential complexes in less densely populated cities. Residential complexes in Canakkale use quality materials and provide the availability of infrastructure next to the facility under construction, which is confirmed by customer reviews.
The minimum price per square meter of space in a new home for sale from a developer in Canakkale, transferred to the buyer in a turnkey condition (in accordance with the information of the GEOLN.COM search engine) is 500 USD.
What to see, where to go in the city and its surroundings
- Ancient city of Troy
- Trojan horse
- Dardanelles
- Military museum
- Kilitbahir fortress
- Gökkäda Island (Gökceada)
- Northern Gallipoli
- Southern Gallipoli
Acquisition of apartments in Canakkale from the developers by foreign citizens
The sale of apartments from developers to foreigners is prohibited in military zones and regions considered strategic. These zones are determined by the Ministry of Defense of the Republic of Turkey. Foreign investors can buy apartments from the developers in Canakkale without restrictions.
Purchasing an apartment in a new development of Canakkale is a relatively inexpensive and promising investment in order to obtain a consistently high rental income in a rapidly developing city in the Turkish Mediterranean.
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