Investment property in Istanbul with a prime location in Bagcliar. Off-plan luxury apartments near the new Canal & Basin Express Business Centre.
Istanbul is a major city in Turkey in terms of business and tourism, and also the largest and most populous city. Located in the northwest Marmara region with a total of 39 districts, some located on the Asian side of Istanbul and some on the European side as the city straddles the narrow strait of the famous Bosphorus, a busy shipping channel, however, the new Istanbul Canal project is soon to divide the city further and will offer another shopping channel linking to the Black Sea.
Real estate investment in Turkey, especially in Istanbul, has increased massively over the past several years since the Turkish Government introduced the Turkey Property Investment citizenship program, whereby an investment of 400,00 USD or more gets you citizenship in Turkey, thus, numerous people search for properties for sale in Istanbul for this purpose and choose to either live in the city in their new Istanbul home, simply enjoy regular city visits or rent the property out for an annual income.
This off-plan development of prime location investment property in Istanbul is located on the European side of the city, found in the sought-after Bagcilar, and set slightly east of the city’s new Basin Express Business Centre and a short drive east of the Istanbul Canal project.
Part of the new modern centre of Istanbul that offers excellent links by road or public transport to many other areas of the city, a 10-minute drive reaching the Basin Expressway that links to the city’s three major highways, whilst 5 minutes from a Metro station, 10 minutes from the Metrobus line and walking distance e to several bus stops. The central famous attractions are accessible in 25 minutes, the city’s new airport can be reached in 35 minutes, and the new canal is less than 20 minutes away.
The investment property in Istanbul will also offer a huge range of amenities that will be reached on foot, banks and ATMs, schools and nurseries, many shops and branded high street stores, supermarkets, medical facilities and pharmacies, and countless cafes, bars and restaurants, whilst you will not need to travel to far for shopping malls hospitals or universities as these are all located just minutes away the luxury Istanbul apartments for sale in Bagcilar.
The project of luxury Istanbul residences which are an ideal property investment in Istanbul is currently undergoing construction in the Mahmutbey neighbourhood on a land area of 61,489 m2. A modern walled and gated complex will host a small shopping centre at the base with 21 commercial units that will offer convenient shops, cafes and restaurants.
Above the shopping centre will be three modern apartment blocks of 21 storeys, these will consist of 605 luxury Istanbul homes ranging from 1-3 bedrooms, standard single-floor homes and duplex properties in Istanbul, all to be surrounded by large landscaped gardens and enjoy city and garden views. Luxury homes for sale in Istanbul.
The project completion date has been scheduled for December 2024, and when life begins in the complex residents and guests will enjoy the use of a selection of on-site social, sports and leisure facilities.
Facilities for the Bagcilar investment property in Istanbul
1+1 Apartments 66 m2 – 77 m2 priced from $232,000 to $296,700
2+1 Apartments 111 m2 – 173 m2 priced from $388,900 to $569,900
2+1 Duplex apartments 133 m2 – 142 m2 priced from $437,000 to $484,800
3+1 Duplex apartments 197 m2 – 231 m2 priced from $647,400 to $761,000
When complete, the luxury Istanbul flats will come as unfurnished homes in Istanbul, however, the above developer prices are inclusive of a central heating system and some integrated kitchen appliances, and do not forget that you can get citizenship in Turkey with a minimum investment of 400,000 USD. Istanbul luxury apartments for sale.
The developer of the investment property in Istanbul is offering either cash buyer discounts or a great instalment payment plan, please ask Toga Global for details. What to know before buying property in Turkey
Additional Istanbul information
An ancient city that offers an abundance of history, once the capital of Turkey until 1930 when it was known as Constantinople dating back to the Roman Empire within the first proper settlements in 660 BC, changing hands many times before being handed over to the Ottomans in 1453.
Around the city, you will find ancient mosques, orthodox churches, many Ottoman homes, castles and towers, palaces and lots more history. Whilst if you are not into ancient history there is still plenty to do and see when visiting Istanbul, Bosphorus cruises, theme parks, Aquariums, waterparks, numerous shopping malls, excellent dining, sailing, nightlife, the list goes on, hence being one of the most visited cities in the world.
If you are a prospective Istanbul property investor these luxury apartments for sale in Bagcilar are a perfect choice with a prime investment location that will offer a high annual rental income and also great future capital appreciation when the new canal takes shape, whilst the Istanbul luxury residences are also ideal for those looking to buy a house in Istanbul for city breaks business trips or year-round living in Istanbul.
The luxury investment apartments in Bagcilar will enjoy more than ample everyday amenities that are in very close proximity and will have very easy access to all areas of the city, The property for sale in Istanbul offers luxury on-site facilities, shopping and dining, balconies, garden terraces or roof terraces for outdoor living, a prime investment location and a mix of city and nature views.
Contact Toga Global for more details, the latest prices and availability for the Istanbul property in Istanbul or to ask if there are any risks of buying property in Turkey. Our Istanbul property consultants are available to answer all your Istanbul real estate questions and offer insight into the possible rental yields whether you choose a newly built home or old houses for sale in Istanbul, and when you have found your ideal Istanbul property they will assist you all the way through the property Turkey buying procedure.
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