This multi-phase, government backed project is the second phase of an already impressively huge landmark project. Made up of 9 blocks, it adds a further 41,000 sqm, 1000 units, and 80 commercial shops to the first phase.
The complex is designed to meet the standards of modern day living in terms of facilities and outdoor space. As a result, demand has been high from locals as well as international buyers.
Not only does the project have an impressive 24,000 sqm of green space, it neighbours the huge Hayat "Life" Park - a dedicated park of over 142,000 sqm in size, with a lake.
Bahcesehir is famous amongst Turks as the "Garden city" of Istanbul, gaining its premium due to the nuvo middle classes wanting a greener rural lifestyle. Filled with top class schools and colleges, as well as modern private hospitals, Bahcesehir continues to gain residents.
The M7 metro line is due to be expanded, providing easy access to Sisli and Besiktas, and by transfer, to pretty much all of Istanbul's major landmarks. The uber modern Marmaray railway is currently under extension, providing high speed access to the historic city centre, the Anatolian side of Istanbul as well as other major cities of Istanbul and Europe.
The new northern Marmara highway is directly accessible via Bahcesehir, as is the existing TEM highway. Ak Bati mall is the local go to place for youngsters with its outdoor cafes, restaurants, cinemas, and theatre.
|Type||Size (Min)||Size (Max)||Price (Min)||Price (Max)|
|1+1||65 sqm||104 sqm||$ 68543||$ 107108|
|2+1||117 sqm||208 sqm||$ 120817||$ 213916|
|3+1||138 sqm||212 sqm||$ 169626||$ 218134|
- Price ranges last updated 03/03/2020
- Prices are list prices and subject to discounts in accordance with the chosen payment plan and negotiation with the seller.
Bahcesehir, famous for being Istanbul’s garden city, and along with the district of Atasehir, the cleanest and most organised neighbourhood of Istanbul. Incorporated as an enclosed town for middle class professionals, its seeds can still be seen in the million dollar villa compounds, private hospitals, and huge Ak Bati Mall. Bahcesehir Park is a real family haven, with lake front restaurants and cafes providing peace and quiet. The construction of the E6 highway into the business district saw swathes of middle class Turks working in the city moving out to Bahcesehir, to give their families a relaxed and peaceful lifestyle away from the city centre.
With Bahcesehir experiencing high demand from Turkish middle class families, it has since it’s inception, been the target of investment at the pre launch phase. Low prices meaning most Turks prefer to buy in Bahcesehir, making rental performance below the average for Istanbul. Smart investors are taking advantage of the low pre launch pricing at this project, relying on the excellent reputation of the developer to perform, coupled with huge Saudi financial backing.
Capital gain in the short term is expected with the third airport just 20 minutes away opening in 2019. In January 2017, the Istanbul municipality surprisingly tendered the extension of the Mahmutbey- Sisli-Besiktas metro line, meaning a fast city centre metro link is expected by 2020. A further tender is expected extending the essential Marmaray rail link into Sultanahmet. This investment in infrastructure by the government means demand in the region is expected to peak around 2020, with prices continuing to peak towards this date.