Yenişehir is one of the new planned cities within Istanbul, with large parts located in the Arnavutkoy area, north of European Istanbul, extending from the Şamlar Forest and its village to the shores of the Black Sea. Its lands are distributed on both sides of the Istanbul Canal project, representing a modern urban model that includes residential complexes and advanced public facilities, as well as strategic projects encompassing energy, transportation, and infrastructure sectors, making it a promising investment destination in Turkey.
The Top 3 Areas for Real Estate Investment in Istanbul for 2024
Real estate investment in Istanbul is considered one of the best successful investments for 2024, thanks to its strategic location and cultural diversity. With the increasing demand for properties in the city, there are three areas that top the list of the best options for real estate investors: Basaksehir, Yenişehir, and Kucukcekmece.
Why Real Estate Investment in Istanbul is the Ideal Choice?
A Strategic Location Connecting East and West
Istanbul is a major gateway between Europe and Asia, making it an important commercial and tourist hub. Thanks to its unique location, the city has a high real estate value and offers promising investment opportunities for investors seeking long-term profitability.
Increasing Population Growth
Istanbul is known for its continuous population growth, leading to a rising demand for residential properties. According to 2024 statistics, the city’s population has exceeded 16 million. With this accelerated population growth, the demand for residential apartments continues to rise, making housing investment an attractive option.
Affordable Property Prices Compared to Major Cities
Compared to major European cities like London and Paris, Istanbul offers competitively priced properties, making it easier for new investors to enter the market without requiring significant capital. This makes it a preferred choice for real estate investment.
Rental Returns in Istanbul
Investing in rental properties in Istanbul can be highly profitable, as the market is witnessing increasing demand for rentals from students, tourists, and business people, providing a stable and lucrative income for investors.
Ongoing Infrastructure Improvements
The Turkish government is investing heavily in developing Istanbul’s infrastructure, such as building new airports and upgrading public transportation. This enhances the value of properties in areas surrounding these projects and boosts the attractiveness of investing in them.
Supportive Government Measures
The Turkish government provides encouraging incentives for investors, such as the possibility of obtaining citizenship through real estate investment, along with improvements in property ownership laws for foreigners. This has increased Istanbul’s attractiveness as a preferred investment destination for international investors.
The Top 3 Areas for Buying Real Estate in Istanbul
Istanbul’s properties attract foreign investors looking for genuine investment opportunities in real estate. The city is a distinctive destination that spans both Europe and Asia, characterized by its diverse real estate areas that cater to various investment goals, ranging from residential properties to investment properties that offer continuous financial growth opportunities. With the development of its infrastructure and the Turkish government’s incentives for investors, Istanbul has become an ideal choice for those looking to own real estate, whether for residence or investment.
Now, we will present the best and most sought-after areas for real estate investment in Istanbul, starting with Basaksehir, Kucukcekmece, and Yeni Mahalle. Continue reading to learn all the details about purchasing property or land in these areas and the advantages of each region.
Buying Property in Istanbul | Basaksehir
The Basaksehir area in Istanbul is considered one of the most prominent real estate destinations in Turkey and is attracting the attention of investors and individuals looking to purchase properties or land for sale in Istanbul, whether for settlement or investment. It is referred to as the “Arab Millionaires’ District” due to the high demand from Arab investors. Here are the main features of buying property in Basaksehir:
Advantages of Buying Property in Basaksehir
Luxury, Earthquake-Resistant Residential Complexes: The area boasts numerous residential complexes designed to international standards, providing safe and upscale housing options.
Proximity to the Istanbul Canal Project: The closeness of Basaksehir to the new Istanbul Canal project is a strong investment factor, as this project is expected to increase property values in the area.
Important Shopping and Commercial Centers: The area features famous shopping centers like “Mall of Istanbul” and is close to the TEM highway, enhancing its commercial importance and making it an attractive shopping destination.
Features of Basaksehir
European Location: Basaksehir is located in the European part of Istanbul, near the new Istanbul Airport, which is one of the largest infrastructure projects in the world, giving it a distinctive location and facilitating access.
Urban and Economic Boom in Basaksehir: The area has experienced significant population and economic growth, with its population exceeding half a million, showing a noticeable increase in recent years, making it one of the most sought-after areas for property purchases in Istanbul.
Quiet and Comfortable Residential Environment: Basaksehir offers a quiet lifestyle away from noise and congestion, with abundant green spaces and public gardens, making it an ideal choice for those who appreciate a healthy lifestyle.
Buying Property in Istanbul | Yenişehir
Advantages of Buying Land or Property in yenişehir
Prime Location: Yenişehir is located next to Istanbul International Airport and is close to important commercial ports and vital facilities. It enjoys a strategic location near the Istanbul Canal, which will change Istanbul’s geography.
Diverse Investment Options: Yenişehir offers a wide range of investment options, whether in residential properties or land designated for construction, making it attractive to both local and foreign investors. Are you looking to buy land in Yenişehir?
Infrastructure Prepared for Future Projects: Yenişehir has a comprehensive infrastructure that meets the needs of modern society, including advanced road networks, modern bridges, and integrated transportation networks to serve the promising projects planned for the near future.
Large Residential Projects: Construction companies have begun developing major real estate projects in the area.
Features of Yenişehir
Integrated Residential Planning: Yenişehir adheres to global quality standards, as it will include modern residential complexes and contemporary public facilities, making it one of the best new cities in Istanbul.
Global Investment Destination: Due to its proximity to the new Istanbul Canal and the existence of Istanbul International Airport nearby, Yenişehir has a high investment value, with expectations of increasing property prices in the future.
Solution to Population Congestion: Yenişehir is part of a government strategy to reduce population pressure on Istanbul, providing a comprehensive alternative that offers comfort and urban diversity for individuals and families, making the area in demand for purchasing land or property in Yenişehir
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Buying Property in Istanbul | Kucukcekmece
Kucukcekmece is one of the vibrant areas in Istanbul, located in the European section of the city. It is characterized by its high population density and contains important commercial and industrial centers, making it an attractive spot for investors and local residents. The area is experiencing urban and cultural revitalization and is home to several universities, such as Istanbul Aydın University and Istanbul Arel University, which enhances its appeal as an educational and lively destination.
Advantages of Buying Land or Property in Kucukcekmece:
Strategic Location: Kucukcekmece is situated in the heart of Istanbul, facilitating access to other vital areas of the city and making it an ideal starting point for business and residential activities.
Sustainable Growth: The area is witnessing continuous development in infrastructure, increasing property values and ensuring high investment returns in the long term.
Availability of Modern Residential Projects: Kucukcekmece features numerous new residential projects characterized by their contemporary designs and modern amenities, making it an ideal place for living and investing.
Amenities and Services: The area offers a variety of services and facilities such as schools, hospitals, and parks, in addition to its proximity to Kucukcekmece Lake, enhancing the quality of life in the region.
Features and Characteristics of Kucukcekmece
Rich Social Environment: Kucukcekmece combines natural and urban living, allowing residents to enjoy green spaces and gardens, providing a healthy and comfortable lifestyle.
Diverse Investment Opportunities: The area attracts various investment projects in the fields of industry and trade, increasing the chances of success for individuals and companies looking to invest.
Developed Educational Community: With many universities and educational institutions, Kucukcekmece provides an ideal environment for students and families, increasing its appeal as a place to live.
Modern and Advanced: The area is distinguished by its modern urban planning, featuring residential complexes that meet global standards, making it a preferred choice for those seeking apartments for sale in Istanbul.
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- A Detailed Guide to the Best Cities for Buying Property in Istanbul
Sedad Real Estate Company Offers in yenişehir
Land for Sale in Istanbul
At Sedad Real Estate Company, we are always striving to meet our clients’ desires and needs. We present to you an offer for owning a piece of land for sale in Istanbul, located in the Karaburun-Arnavutkoy area within the new city organization of yenişehir.
The land area is 3,915 square meters and has a construction permit for villas (ground + 2 floors) with a construction ratio of 30%, allowing for the construction of 8 villas. The specifications of the land are as follows:
- Located within the new Istanbul Canal organization
- Situated directly on the street
- Close to the new Istanbul Airport
- Offers a unique view of the Black Sea (only 550 meters away)
- Near the trade center
For more details, click here.
In conclusion, if you are looking for land for sale in Istanbul or want to buy property in yenişehir specifically, don’t hesitate to contact Sedad Real Estate Company in Istanbul through the numbers at the bottom of the screen.
