Real estate investment is one of the least risky investment types in today’s world. Especially if you invest in a developing place, your property’s appreciation might be much more than your expectations. Turkey is an important country which is fast-developing too. When you think of Turkey, most people will name the biggest city Istanbul surely. Because Istanbul has a significant place in people’s minds for centuries. Istanbul’s strategic location, historical and touristic places make it precious. Consequently, Istanbul is attracting foreign investors more than other cities. If you are interested in a profitable real estate investment in Istanbul, the only thing you have to do is to choose the right place. When you are thinking to invest in any country other than your own, you will probably need a local guide who knows the market and gives you enough information about the sector. As CCT Investments, we have been giving consultancy for foreign investors from all over the world regarding real estate investments in Istanbul.
The amount of initial investment will also be as important as the location you choose to invest. Either you don’t have high budget or you want to diversify your investment in different properties, you can be looking for cheaper properties than the market prices. However, Istanbul isn’t a cheap city and properties also are getting expensive day by day. Apartment and residence prices in Sisli, Taksim, and Levent districs are as high as the metropoles such as London, New York, and Paris. The good thing is you need to remember that Istanbul is a huge city. So you have a chance to find a property according to your budget in different parts of the city with easy connection to do the city center with public transportation. If you go to the west side of the city, prices will be lower than other parts of the city as these areas are the new developing areas. We would like to share with you the top 5 cheapest properties to invest in Istanbul whereas they are also food investment opportunities in our opinion.
1- Liv Marmara
Liv Marmara project is located in the Beylikduzu district. The project was delivered in December 2019. It isn’t a big compound but provides lots of social amenities. All apartments are in one V shape block and the flats were designed as 1+1 and 2+1. There are 2 bedroom apartments on the corners of the building. While one-bedroom apartments have 55 sqm living space, 2 bedroom apartments have different size options. Liv Marmara project consists of 495 flats and 44 shops. The east side of the building is facing sea view so more than 250 apartments have a stunning sea view. The project is a residential project designed according to the hotel concept but it is also available to use as an office.
Liv Marmara has a great location, you may reach the E5 highway line which is one of the most significant highways within 5 mins. In terms of public transportation facilities, you may use public buses passing in front of the project to go to Metrobus. Also, Torium mall and Marmara Park are only 15 min from the project. Luxury restaurants and cafes in West Istanbul Marina are at close distance by driving. Even if the prices are so reasonable in comparison to other residential projects, you will have the same social amenities. There is a billiard room, fitness, open-air cinema, private organization room, football pitch, and much more in Liv Marmara. Supermarket, pharmacy, café, and furniture shop are at your service in the shops.
2- Bahcesehir Suites
Bahcesehir is one of the most developing new districts of Istanbul. Emlak Konut built first residential compound projects in Bahcesehir, there had been only villas and farmhouses before. Today, you may see both luxurious and affordable property options. Bahcesehir Suites is also one of the most affordable projects which is built at the hearth of Bahcesehir. Akbati Mall is a landmark structure for Bahcesehir and the project is only 1.5 km away from Akbati Mall. Bahcesehir Suites consists of one independent building but it provides all social facilities such as swimming pool, fitness, sauna, playground for kids, and walking track.
The region is hosting many new residential projects but Bahcesehir Suites is different from them with its quality and price policy. The apartments have areas between 75 and 250 sqm living area as you will be able to find different types of properties which are 1+1, 2+1 and 3+1. In addition to 107 flats, there are 6 commercial units on the ground floor. Bahcesehir Suites Project is designed with hotel concept, so there are restaurants, cafés and a big lobby in the complex . Thanks to the location of the project, you will be able to reach to Bahcesehir Suites easily through TEM highway. Many hospitals, schools, malls, and bazaars are walking distance to Bahcesehir Suites. A great life opportunity is waiting for you in Bahcesehir.
3- Central Hill
Central Hill is a modern tower project which is rising in Esenyurt. It is aimed to be projected as a great living area by Ozkanca Insaat. There are 400 flats and 48 office units in the project. A wide range of apartment sizes is offered to the investors; you may choose the best-fit apartment according to your needs. While the apartment sizes are changing between 45 sqm and 252 sqm, they have different numbers of rooms from 1 bedroom up to 4 bedrooms. The project is a high rise building, so there are different view options; one side facing to Esenyurt district, two sides are facing the E5 highway and the apartments on the south see partial sea view.
Massage salon, fitness, SPA, swimming pools, and many other facilities are considered for the residents in Central Hill. Torium Mall is located so close to you so that you can have great time with your family and do your shopping in the mall. The tower is only 300 m away from the E5 highway line so you may reach Haramidere Metrobus station by walking. At the end of 2020, a new metro station will be opening in front of the project. The connection road between E5 and TEM highways is on the backside of the project, so when you use your private car, you don’t have to waste your time to reach two important highways. City or sea view tower apartments are waiting for you with reasonable prices in Central Hill.
4- Self Istanbul
Self Istanbul is a new and modern living area in Esenyurt district. The project consists of 4 residential blocks, an open-air shopping center, and a boutique school building. Self Istanbul is designed for all your needs. Karden Insaat is the developer company in the project. The compound facilities and location are great, but the prices are the most attractive point. 85% of the land area is preserved as a green area where the residents have chance to make a picnic, walk, or enjoy their times with their loved ones. There are 60 commercial units in 2 floors open-air shopping center. The school building has been used as a kindergarten for 2 years.
Beside 60 commercial units, Self Istanbul has 609 flats. The apartments have 3,20 m ceiling height so that you will have a more spacious atmosphere inside. Indoor and outdoor swimming pools, football and basketball pitches, playground areas for kids, fitness, SPA, and barbecue fields are some of the relaxation and sports areas for the residents. There are 2 parking places for each apartment in the garage. Also, Self Istanbul is going to be controlled 7/24 by the security crew.
5- Collet Avcilar
A new mixed compound is rising in Avcilar. Collet Avcilar is being constructed on Firuzkoy Boulevard by Bati Yapi. There are 396 flats, 52 offices, and 75 commercial units in the compound boundaries. All the apartments have a great lake view. While viewing the stunning Kucukcekmece lake from the terrace, you will be able to enjoy your coffee. The project is offering to spend a great time in the garden which is combined by blue and green perfectly. The details in the project will be raising your life standards together with modern architecture. Open-air playing areas and indoor Collet Kids Club is designed for the kids.
Barbecue Terrace, swimming pools, fitness, SPA, walking tracks, and pergolas are the facilities for the residents. Thanks to the smart home system, you will be able to control your home by your phone. Beyond luxury, you will have more economic life while well-managing your water, natural gas, and electricity. If you are planning to buy an office from here; the business lounge, presentation and meeting rooms, guest house, and multi-purpose exhibition and presentation room are at your service. So what we can say is Collet Avcilar has wonderful facilities at a reasonable price both for office and residential units.