New builds in Pendik
Location and climate
Pendik is a region of Istanbul province in Turkey, in the Asian part of the capital. From the south it is bounded by the Sea of Marmara, and from the north it is surrounded by the Shile forests. The climate is Mediterranean: cool winters and hot summers. It snows very rarely and the snow melts down quickly.
It is profitable to buy an apartment in a new build in Pendik
Infrastructure is actively developing in Pendik, the population has reached seven hundred thousand people. The beautiful sea has turned it into a tourist destination with a modern equipped beach. Thanks to this, as well as new developments from economy class to luxury along the seaside, the area has become one of the most popular for living, attractive for investment in real estate. There are more than twenty polyclinics, one children's medical center, several public and private hospitals. An important advantage of the area is that all restaurants and establishments are focused on local cuisine, you can taste real Turkish dishes there.
The transport infrastructure is up-to-date. The largest railway station in Istanbul is functioning, there is a high-speed train line at Pendik station, it accepts flights to the international airport, you can use buses, metro (located one kilometer from the railway station), fixed-route taxis, high-speed boats along the route through Sea of Marmara to Yalova for people traveling to Bursa and the Aegean Sea, there is a seaport connecting Asia with Europe.
The area is being built up by residential complexes and the closer to the sea, the more expensive. In general, prices for Pendik real estate in the new builds for sale are quite moderate, taking into account the status of the capital and the availability of direct access to the sea. The demand for primary housing is growing here. New residential complexes in Pendik are popular. The sale of apartments from developers is carried out in accordance with Turkish building standards, the high quality of the objects under construction in new homes for sale 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 homes from a developer in Pendik (handed over in a turnkey condition) is 370 USD.
Attractions of the area
- Formula 1 race track
- Dumankaya mosque
- Well-maintained embankment with a picturesque view of the Princes' Islands
- Yacht Club
- Here you can go diving or walk in local parks.
Conditions for buying apartments from the developers in Pendik 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 Pendik on the same terms as the citizens of the country.
Purchasing an apartment in a new development in Pendik is a profitable investment in an area of the capital with direct access to the sea, where it is possible to receive a stable rental income and live using a developed infrastructure.
Prices per sq. m. in popular districts of Pendik
District | Price from |
---|---|
Kurtkoy Neighborhood | 685$ / m2 |
Yenisehir District | 370$ / m2 |