Basin Express Road

Basin Express Road

When it comes to Turkish real estate, one area dominating the market is the Basin Express Road in Istanbul. Sitting on the European side, it is grabbing the spotlight as an ideal hub for long-term real estate investment and for many good reasons. Separating the Kucukcekmece and Bagcilar districts, the area is transforming from an unheard-of location to one of international fame, drawing in Turkish and foreign house buyers from all over the globe.

The Basin Express Road of Istanbul, Sitting at the E5 and E60 highway junctions, location plays a large part in its success. For Turkish buyers looking to live and work in the city, its prime position makes it easy and quick to get to other prominent districts like Besiktas, and Fatih and the Fatih Sultan Mehmet Bridge leading over to Asian Istanbul. Property owners also don’t have to be car drivers because frequent bus and metro line routes are close by.

The number of projects such as health centers, hotels, shopping centers, and fair centers are significantly Increasing at basin express road, the reason for this increasing mainly is the desire of inventors to be part of this new business center plus providing services to the families who chose to live close the city center at this strategic place.

In addition to being close to Ataturk airport, the region considered too close to the new airport “Istanbul airport” and after having a small tour along the road you can see several famous shopping centers, universities, colleges, and hospitals. You can find more about famous shopping centers below.

Beside all these services, basin express road contains 40 international hotels and 7 new five stars hotels are under construction.

CNR Expo Exhibition Center, World Trade Center, İSTOÇ, MASKO Furniture Market and Tekstilkent, which are the cornerstones of Istanbul trade, also increase the value of the region.

The road heading north into Basaksehir and Arnavutkoy is also just an hour drive from new Istanbul airport that is completed. Four terminals serving domestic and international passengers include ultramodern technology, aimed at smooth, stress-free travel. Duty-free areas will also be the world’s biggest, providing a complete shopping experience under one roof.
The airport, one of many mega projects by Turkey, plays a significant part in attracting foreign house buyers, but another mega construction is keeping the feverish investment going.

A planned 28-mile canal route, aimed at diverting traffic from the Bosphorus strait, will begin near Kucukcekmece Lake, which is close by. Without a doubt, this ambitious project will change the face of European Istanbul and create a mini island.

Such is the size and expectations, real estate investors from all over the globe, are looking at nearby areas including the Basin Express, as ideal hotspots for long term capital appreciation. Estimated construction cost puts it at 15.6 billion USD, and it will change the face of districts surrounding it.

Another reason for its success is, that thanks to its late starter status, housing developers and constructors looked at other districts and learned what works and what doesn’t.

A few other areas in developing areas of Turkey have not had the hindsight of excellent urban planning. It was much a case of build and sell without a thought for the lifestyle of potential owners, hence the criticism of concrete jungles.
Local developers used these examples of what not to do and maximized location advantages and lifestyle choices like shopping malls and social activities. Another potential pitfall in developing cities is the lack of green space, but architects have solved this problem by incorporating them into private and communal areas.

The transformation of the old industrial areas has enabled more than 30 residential projects, dozens of hotels, prestigious A-class office investments in Basin Express region, which enables high standard based projects to come to life. Moreover, the region, which attracts attention with its proximity to mega projects that will shape the future of Istanbul, is a junction point connecting E-5, TEM and coastal road. Without ignoring its connection to the Northern Marmara Motorway. Basin Express region has become one of the most accessible areas of Istanbul with its metro system investments.

Real estate experts say that the area will have an extreme value in the near future especially with business offices and residences and for this reason, this region will expose to unbelievable price increase in the following few years, even now, the region has a very high return on investment (ROI) especially in terms of renting residences which made the region the first choice for foreigners to live and work.

A prime example is this lifestyle residence of apartments including landscaped gardens within the building and grounds, alongside common communal areas like children’s playgrounds, walking paths and picnic tables. Communal facilities continue with an indoor theme through swimming pools, gyms, saunas, Turkish baths and more. Café, restaurant, and shop facilities are also attracting commercial investors and residential.

Although the Basin Express road’s success is in full flow, don’t think it is complete because mass investment looks to further enhance lifestyles and make this region a prime business and residential area over the next ten years.

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