Last Updated on 14/11/2022
Overview of Basin Express Area in Bagcilar district
The market of real estate in Istanbul has always been a target for foreign investors thanks to the incentives that the Turkish government provides to investors. Moreover, the features and infrastructure of certain areas in Istanbul constitute a prominent factor in the urban value and investment potential of each district. These ideas lead us to think about Basin Express areas in Bagcilar district that became one the attractive real estate investment destinations thanks to its developing projects and strong infrastructure
Get to know Basin Express Area and Bagcilar district
Location of Basin Express
Basin Express belongs to Bagcilar, a district of European Istanbul situated between the two main ring roads, TEM and D100 (E5), close to the city’s center, just north of Bahçelievler.
Basaksehir and Istanbul New Airport surround Basin Express to the north, Ataturk Airport to the south, Bayrampasa to the east, and Avcilar and Beylikduzu neighborhoods to the west. As a hub for investment, business, and real estate projects, the area has a strong commercial character. It is also special for its proximity to the airport, which has increased its real estate and investment value.
As it is situated between three of Istanbul’s most significant municipalities; Basaksehir, Bagcilar, and Kucukcekmece, the district enjoys a strategic location inside the city. It constitutes a good location for long-term real estate investment thanks to the surrounding developing projects that turn out to be beneficial opportunities.
History of Bagcilar district
During the Ottoman era, Bagcilar as one of Mahmutbey’s villages was a settlement for the Greek community who uses to work in vineyards.
the district’s first urbanization phase began in the neighborhoods of Merkez and Yenigün, which were closest to the Bakrköy and Istanbul’s city center. Due to its proximity to the city’s core and the Bakrköy neighborhood in Istanbul, this area was divided into formal and informal construction areas and given the name Parseller in the 1980s.
The other neighborhoods in Bagcilar experienced fast urbanization, leading to a redrawing of the maps of the district.
District equipment
Infrastructure
Because it is situated along one of the key routes from Edirne to Ankara, the E-80, Bagcilar district has a unique strategic position in Istanbul. The fact of including the main route leading to Istanbul’s most popular investment district, Bassin Express, is an excellent benefit in terms of investment.
Thus, the Basin express road stretches a line From Bakirkoy all the way to Istanbul’s new airport in the Arnavutkoy.
Educational institutions
In terms of Educational institutions. Bagcilar district is well-equipped. It includes numerous public, private, and foreign schools for all grade levels, such as the Swedish Fellowship School and the Al-Fayez Schools enjoying the most notoriety. Moreover, it is home to many renowned universities such as Altinbas University and Sabahattin Zaim University which are only two of the many nearby universities offering the highest education.
Know more about the educational system in Turkey.
Healthcare institutions
When it comes to healthcare facilities, Bagcilar includes several mega hospitals offering forward healthcare services with advanced technologies and qualified staff. The most well-known hospitals and medical facilities in the Bagcilar district are the Medicana and Medipol Hospitals.
Learn more about the healthcare system in Turkey.
Basin Express, an attractive hub in Istanbul real estate market
Why invest in Basin Express
We always recommend maintaining your investments in regions of demand by local Turks. This means central locations within easy reach of the major districts of Istanbul. These are locations that will always rent quickly, and will always give you a high capital gain in the future.
At the moment in Istanbul, there are very few regions providing excellent growth, driven by government investment in infrastructure, and the rezoning of former industrial regions to commercial and residential. The media highway or Basin Express region is one of those, as a result of the government’s plans for a third business district in this area.
Real estate value of Basin Express
Bagcilar as a district can be described as middle class, with higher than average income. The region historically was light industrial. The government has transformed the region that used to be industrial into a commercial and residential district over the last ten years. Therefore, prices in the last five years rose by 68%. In fact, the vast majority of the region includes secured apartment complexes, hotel residences, and commercial centers. Yet, the transformation continues and is likely to be complete with a vital north-south metro line under construction. Moreover, the Basin Express region is part of the government’s aim to convert the region lining the highway into a third business district. The completion rate is at about 65%.
Consequently, both investors’ demand for real estate properties in Basin Express has increased, whether for purposes of ownership and habitation or investment and profit, not to mention the opportunity to obtain Turkish citizenship if your real estate exceeds $400,000 in value. This is due to the region’s bright future for investment.
If you are seeking properties for sale in Basin Express, you can request an initial consultation and MEO experts will provide you with the most cost-effective opportunities.
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