Basin Ekspres is well-known these days as one of the fastest developing areas in Istanbul. This district is being developed remarkably in recent years, the massive growth and development in Basin Ekspres made this district one of the most important near suburbs to the city center of Istanbul. The reasons for this massive development in Basin Ekspres can be referred to its location which is close to Istanbul’s new airport, the subway lines which are being constructed passing through Basin Ekspres before reaching Istanbul’s new airport, and is located just beside one of the most important ongoing projects in Istanbul which is Canal Istanbul.
Basin Ekspres’s location is in the Midwest side of the European side of the city and the northern side of Ataturk airport. Its critical location made it a transportation hub between the downtown, Istanbul’s new airport, and the provincial areas of Istanbul. Basin Expres is not considered a suburb due to its development and its location which is only 14 km away from the downtown. Simultaneously Basin Ekspres is considered one of the closest areas to Istanbul’s new airport as it is only 30 minutes away from it. It is expected that Basin Ekspres will become one of Istanbul’s most important business centers in the near future.
The remarkable development of Basin Ekspres is related to the governmental plans for Istanbul’s expansion. The establishment of Istanbul’s new airport which is one of the most important airports in the Middle East contributed to developing Basin Ekspres area massively, many hotels, shopping malls, hospital residential, and commercial properties are being developed in Basin Ekspres as a response to the establishment of the new airport. Furthermore, the massive ongoing project of Canal Istanbul is boosting the rapid development of this area as the new Canal will be in parallel with the road of Basin Ekspres.
Basin Ekspres is an old district whereas many newly constructed stylish residential and commercial complexes can be found on Basin Ekspres road. These complexes represent the modern construction, reasonable price, and an average location. They are ideal for investment and personal usage for average budget investors. Investing in these complexes won’t only grant a good residential income, but also will grant a remarkable value appreciation within a short period of time. At this point time, all of the indicators are showing the bright future of Basin Ekspres, buying in this area is considered as a risk-free investment by all means. It is recommended to buy in the newly developed complexes as they have competitive advantages such as green landscapes, social facilities, and 24/7 security. These complexes provide a modern and luxury lifestyle with a reasonable price and remarkable value appreciation and prime location.
Many types of properties can be found in Basin Ekspres area. As it is an old area most of the available properties are old however many of these old properties were demolished and newly constructed stylish residential and commercial complexes were constructed especially in the prime locations of Basin Ekspres.
Nowadays many shopping malls, hotels, and hospitals are available all around Basin Ekspres area. Many residential complexes are offering shops for sale with a rental guarantee not to mention the big brands of hotel apartments that are also available for investments. Basin Ekspres represent a remarkable safe investment area whether you buy residential properties, shops, offices, or hotel apartments.
The range of price per square meter in Basin Ekspres is around 1.400 USD to 2.000 USD/m2.
Prices in this area are quite reasonable and affordable. Prices in Basin Ekspres are relatively similar to the far suburb prices like Bahcesehir and Basaksehir but the location in Basin Ekspres has better chances for value appreciation. Plus, it is closer to the city center. Prices in Basin Ekspres are gradually increasing because of the high demand, and the remarkable development in this district, investing in Basin Ekspres means having a minimum of 10% to 15% value appreciation on a yearly basis. Basin Ekspres has witnessed and still witnessing massive growth. All the indicators are clearly showing a brighter future and higher value appreciation within a short period of time, it is an ideal option for many open-end investments as well. Renting and reselling the properties in the future are guaranteed due to high demand and quick development.
Basin Ekspres is a distinctive district, located in a unique location between the downtown and the far provincials of the European side of Istanbul. It has been and still witnessing stable and remarkable growth. The development in this area is tangible and supported by powerful infrastructure, public transportation networks, and advanced highways, additionally it is in an important site nearby to the most significant airport in Istanbul and the whole region. Investing in Basin Ekspres is suitable for different purposes such as residential and investment purposes. There are several kinds of properties available in Basin Ekspres such as apartments, shops, offices, and hotel apartments, such properties in this area will grant not only a good renting income but also a massive value appreciation within a short period of time. Basin Ekspres is an area with high demand and real estate in this location is quite easy to be rented or resold at any point in the future, this investment in this area so flexible in terms of providing liquidity when needed.
Consulting a local and experienced property adviser would be very helpful in terms of property advisement and legal advisement at the same time. CCT investments is one of the leading companies in the Turkish real estate market, our most important values are client satisfaction and long-lasting relationship with our clients. Contact us now with your preferences and get in touch with our professional multilingual property advisers.
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