Gigantic Mixed-Use Complex in middle class Bahcesehir

$ 164822

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Summary

  • A huge mixed-use project aimed at investors and families in Bahcesehir
  • Extravagant residence facilities
  • Futuristic interiors with quality materials
  • MIddle class neighbourhood with excellent schools
  • Stunning district park and nature views
  • New airport and city centre are within 30 mins

About this project

Bahcesehir is expanding its borders gradually with large mixed use compounds. This project is the latest in a line of good quality middle class compounds in the Northern end of Bahcesehir. The project expands upon the futuristic urban concept of Bahcesehir. A total of 2,000 homes are being created with commercial space, social areas, health, education, cultural and worship facilities also being created. The project will host educational institutions where residents can educate their children safely. Private and public schools, kindergartens and after school education facilities are all being created to ensure families need not worry about traffic issues for the kids. The lovely district and nature park can be seen from all homes in the project, with apartments offering large balconies to enjoy the view 365 days a year. The park protection is enshrined into law ensuring clean air will continue for residents eternally. The complex enjoys a host of additional faciliites, including indoor pools, sauna, steam rooms, fitness center, playgrounds, trekking areas, parking garage, public school, kindergarten, private hospital and a mosque. The project enjoys excellent highway access to the new airport via the older TEM highway and the new super highway known as the Northern Marmara Highway.

Facilities Breakdown

  • Creche
  • Lake
  • Basketball courts
  • Sauna
  • Underground parking
  • Gym
  • Walking parkour
  • Ornamental fountains
  • Child play areas
  • Child swimming pool
  • Indoor swimming pool

Price Range

Type Size (Min) Size (Max) Price (Min) Price (Max)
1+1 67 sqm 87 sqm $ 91998 $ 131928
2+1 96 sqm 148 sqm $ 130521 $ 204049
3+1 160 sqm 175 sqm $ 164822 $ 212844

- Price ranges last updated 06/08/2019
- Prices are list prices and subject to discounts in accordance with the chosen payment plan and negotiation with the seller.

Payment Plan

Months Deposit Discount
24 50% 0

Distances

  • New airport 35 mins
  • New metro line 3 mins
  • Axis Mall 1 min by walk
  • Kanyon Mall 10 mins
  • Ozdilek Mall 10 mins
  • Private Derindere Hospital 6 mins
  • Taksim 20 mins
  • Sultanahmet 25 mins
  • Şişli 15 mins
  • Levent business district 5 mins

Regional information

Basaksehir is a new part of Istanbul, created in part to take industry away from the Media Highway (to the south), and to create a new Olympic town for an (unsuccessful) Olympic bid. Today Basaksehir is a mixture of factories, warehouses, and residential regions, hence it is very important to purchase here with an experienced consultant. Some regions have heavy industry (just behind Mall of Istanbul) intermixed with very poor residential housing. Other areas have expensive high quality residential areas, unaffected by the industry. Hence foreigners will be confused if not guided carefully.

Investment information

Basaksehir's location within Istanbul is decent, sandwiched between the new and old airport. Hence much investment has taken place in anticipation of demand from the new airport, which opens in Q4 2018. A new metro line was completed many years ago, which links it to the airport metro, making it quite an easy location to get to. Further metro lines under construction will open by 2019-2020, and these will link the region to the city centre and the Atakoy / Bakirkoy coastline, and a fast train is due to open in 2020, giving high speed train access to Europe and to Anatolia.

The Başak neighbourhood of the district is it's wealthiest, and Bahcesehir to the west is actually linked to Basaksehir, distorting the statitics for the region to the positive. An investment in Basaksehir on average returns in 25 years, making it Istanbul's worst performing district.