Apartment prices in Basaksehir, Istanbul

What are the factors affecting apartment prices in Basaksehir?

The reputation of Basaksehir district in European Istanbul has spread due to its great importance and its status among other districts of the city, combining the features of luxurious housing, comfortable living, and famous commercial complexes.

Basaksehir is located in an area rich in important features that have increased the overall value of the district, including:

1. Ideal location in a pleasant environment: Basaksehir is located opposite Samlar Forest and Arnavutkoy and extends to the edges of Kucukcekmece Lake, making it an ideal location for those wishing to live away from the hustle and bustle of life.
2. Easy access to Basaksehir, benefiting from the network of highways and active transportation services, as well as completed or future metro lines, and Basaksehir's strong connection to the E80 highway, in addition to its connection to a highway linking the area to Istanbul International Airport.
3. Basaksehir is a rapidly developing area, with many new residential and even commercial projects, or those still under construction, providing opportunities for investors wishing to benefit from the area's potential and rapid growth.
4. Basaksehir enjoys modern infrastructure and public transportation that connects its parts and neighborhoods to the center of Istanbul.
5. Basaksehir offers a wide range of amenities and comforts, including its many and spacious parks, shopping centers, restaurants, and cafes that have become important landmarks, making it an attractive location for conservative families and the Arab community in particular, especially those who wish to enjoy a high quality of life.
6. Basaksehir offers many real estate locations with stunning views of nature, which can add great value to properties and provide a vibrant living experience close to the city center.
7. While property prices in Istanbul are rapidly rising, Basaksehir is still considered one of the best areas for real estate investment compared to other districts in Istanbul.
8. Basaksehir's residential properties are distinguished by modern construction and meticulously designed contemporary styles according to the latest standards, with high-quality finishes and amenities suitable for luxurious living.
9. Basaksehir properties represent promising and growing investment opportunities with strong investment potential, with expectations that property values will rise, providing a good return on real estate investment, especially with the completion of its anticipated projects, most notably the Istanbul Canal, which connects the Black Sea and the Sea of Marmara, serving as an alternative waterway to the Bosphorus Strait.
10. Basaksehir contains many gardens and green spaces, supporting its appeal as an attractive choice for families and nature lovers.
11. Living services are of no less quality than the best areas of Istanbul, starting from public, private, and international schools, multiple universities, large hospitals, most notably Basaksehir Medical City, giant shopping centers such as Olympia Mall and Mall of Istanbul, and integrated municipal services.

Apartment Price Index in Basaksehir in Recent Years

Basaksehir is classified among the most important and active districts in Istanbul's real estate market, due to the previously mentioned features that increase the importance of the area as a whole, especially with the increasing demand for its various types of properties, particularly within its prestigious projects that combine high luxury standards, attracting local and foreign investors from all over the world, hoping to benefit from the strong investment factors.

It is natural that prices always correspond to the theory of supply and demand, which has had a direct and significant impact on property values in Basaksehir.

By the end of 2014, the average price per square meter in all Basaksehir neighborhoods and for all types of residential properties (old and new) was around 2,516 Turkish lira.

While the average price peaked at the time of writing this article in early March 2023 at about 27,486 Turkish lira, equivalent to 1,454 US dollars at the time of writing, according to the price index on Zingat's website, with the index figures shown in the following table:

It should be noted that property prices in Basaksehir's upscale residential complexes (with high specifications and built by the largest development and construction companies in Turkey) are higher than the mentioned average price, sometimes by a significant margin.

Read more about: Hospitals in Basaksehir Istanbul and their features

What are the investment advantages of buying an apartment in Basaksehir?

From an investment perspective, Basaksehir is a rapidly developing area and has become an attractive site for real estate investment in recent years, for several reasons, most notably:

1. Strategic location, as Basaksehir is located near the new Istanbul Airport, as well as the new Istanbul Canal, the medical city, and dozens of vital points in the city.
2. Increasing population in parallel with the rapid growth of Basaksehir in recent years, attracting more companies and investments to the area, increasing demand for housing, and consequently, rising property prices, making it a good investment opportunity.
3. Most Basaksehir properties are eligible for the law granting citizenship to foreign investors who purchase properties of a certain value, which has increased foreign investment in the area.
4. Good rental income: Basaksehir is popular among students and families, leading to high demand for rental properties, making it an ideal opportunity for investors seeking rental income.
5. Ongoing government development plans, as Basaksehir is part of Istanbul's development plans, with government investment in infrastructure projects such as the Basaksehir metro line, which connects the area to the city's main transport hubs.
6. Despite its many advantages, Basaksehir still offers relatively reasonable prices compared to other districts in Istanbul.

Read more about: Best Residential Complexes in Basaksehir Istanbul

Average Apartment Prices in Basaksehir

It is natural in the real estate market for apartment prices to vary, whether in Basaksehir itself or in any other Istanbul districts, based on several factors affecting the general price of apartments, the most important of which are:

• Internal size and layout of the apartment.
• Quality of construction and modernity of its specifications.
• Finishes and their quality.
• The neighborhood where the apartment is located within Basaksehir.
• Services provided to residents within the project or complex.
• Facilities surrounding the project and their importance to residents.

To give more realistic examples from Basaksehir properties, it is useful to discuss the topic according to two general frameworks:

Luxury Hotel Apartment Prices in Basaksehir

As for the prices of residential complexes with the highest hotel specifications, they naturally vary greatly from one project to another.

The following figures can give a more realistic picture of the prevailing prices in the current real estate market in Basaksehir, by presenting one of our luxury real estate projects marketed by Imtilak Real Estate in Basaksehir Municipality:

Deluxeia Residences Project

• The prestigious Deluxeia Residences project is located in the City of Gardens: Bahcesehir, part of Basaksehir Municipality, known for its modern urban and civilizational renaissance and its pleasant, quiet environment despite its proximity to the center of Istanbul.
• The project is distinguished by its luxurious modern construction and finishes made with the finest high-quality building materials.

• The project overlooks Kucukcekmece Lake and Bahcesehir Golet Park, a popular tourist destination known for its unique beauty and artificial lake with an area of 26,000 square meters.
• In addition, the project is close to the Istanbul Canal project (the new Bosphorus of Istanbul), which is expected to have a significant impact on property prices in its vicinity.
• The project is surrounded by several entertainment facilities, most notably Aqua Dolphin Water City and the Chocolate Museum.
• There are also a number of public and private international schools near the project, the most important of which are Al-Faiz Schools and Al-Manara International School.
• The project consists of 178 residential units, with apartment types ranging from 0+1 to 3+1.
• 8 km to the E80 highway, 5 km to Akbati Mall, and 12 km to Mall of Istanbul.
• Closed parking, outdoor swimming pool, gym, equipped meeting room.
• Laundry and ironing services, shuttle service to Akbati Mall.
• Spacious reception hall with guest reception service and many luxury hotel services.
• 24/7 security system.

Cheapest Apartment Prices in Basaksehir

As for the cheapest apartment prices available in Basaksehir's modern complexes, we present here one of our projects known for its reasonable prices:

Ispartakule Towers

• The project is located in a prime location in Ispartakule, which is considered the entrance to Bahcesehir and an important investment center in Istanbul.
• The project has a direct view of the valley, which will be equipped with entertainment facilities near the route of the new Istanbul Canal.
• The area contains a significant number of new residential projects, making the project an important investment opportunity.
• Only 1 km from the E80 highway, and close to the Northern Marmara highway, which will connect Ispartakule directly to Basaksehir, allowing access to the third airport in about 25 minutes.

• The project is just minutes away from a future metro station that will connect Bahcesehir to Mecidiyekoy and various areas of Istanbul.
• The project is surrounded by many commercial and entertainment shopping centers and schools, in addition to the restaurants and services within the complex that meet all the residents' needs.
• There is a large archaeological excavation area at the corner of the project, ensuring no new buildings will block the view or disturb its beautiful outlook.
• The project area is 41,168 m2, consisting of two phases, with 9 towers of different heights, some with 4 floors and others with 28 floors, and a total of 724 apartments.
• Available apartment models: 2+1, 3+1, 4+1, and 55 commercial units distributed over two floors under the project buildings.
• Children's playgrounds, indoor swimming pool, and sauna.
• Earthquake-resistant foundations, and a solar energy service to supply the project and reduce service costs for residents.
• Fitness center, closed and open parking.
• 24/7 security and surveillance cameras.

Best Apartment Offers in Basaksehir at the Lowest Prices with Imtilak Real Estate

Imtilak Real Estate offers in Basaksehir and other areas of Istanbul, through its strong connections with the most important real estate projects in all areas of Istanbul, a selection of the most important opportunities, offers, and options for ownership in residential projects and complexes with high-quality construction and modern, advanced amenities in the best locations.

All of this is within carefully selected elite projects that provide distinguished ownership and investment offers at the best prices, compared to the quality and features of the properties.

In addition, Imtilak Real Estate provides a range of integrated and professional ownership services, before, during, and after the property purchase process, making the process of owning real estate as easy and comfortable as possible, including legal services, real estate tours, as well as support and advice during and before the ownership process, all through the services of an expert and specialized team in the field of real estate consulting in Turkey.

Edited by: Imtilak Real Estate©