Investing in Istanbul

5 reasons to invest in Basin Express area

Last edited:Feb 12 , 2024
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5 reasons to invest in Basin Express area
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Statistics in the real estate sector indicate a steady increase in foreign direct investment in Turkey , especially after the government took many encouraging decisions for foreign investment in Turkey , such as investment facilities , providing incentives , forming institutions that deal with investment issues , and following up foreign investments with benefit and interest .

The escalation of foreign investment in Turkey and the accelerated rise that it witnessed at all levels , has led to an increase in the demand of foreign investors for it , especially in important economic sectors , such as the real estate , commercial , tourism and other sectors .

Turkey has become the best country in the eyes of investors from all over the world , as it has achieved its place among the investment countries with amazing progress , exceeding 17 places in a very short time .

 

RH 98 - Ready to move project in a distinctive location in Basin Express

It is a housing project in Bagcilar district . The project built on a land area of 20.000 square meters and it consists of 17 blocks that contain 342 apartments and 60 shops .

The project offers housing units with various options ranging from 1+1 , 2+1 , 3+1 , 4+1 and 60 shops .

In this project , the exterior design is elegant and distinctive . The residential units are distributed into three high buildings that will give you a wonderful view .

The project located on the European side of Istanbul in Gunesli neighborhood on Bagcilar district , one of the most prestigious areas in Istanbul , where there are many 5 stars hotels and investment projects that are growing day by day .

Bagcilar district connected with the city center as it is accessible from all over Istanbul .

The distinctive location of the project near to Basin Ekspres main road and the essential services .

The project constructed at an easy access point to TEM Motorway , E5 Highway and the airport .

For more details about the project : RH 98

 

Basin Express Highway is one of the most vital areas in the European side of Istanbul , on Bagcilar district . It extends along the road the finest residential and investment projects and business centers . This area in the near future is the most prestigious office area on the European side of Istanbul .

Basin Express is a lucrative investment area , especially since the development of roads in this area in recent years has increased its strategic importance .

The strategic location of Basin Express and a new meeting point in the business world has resulted in a high demand for new corporate offices and apartments in this area .

 

 What are the reasons why Basin Express is an important location ? 

  1. Basin Express is an intersection between the E5 , TEM and Coastal highways, as well as the North Marmara highway , as well as the metro, rail and sea transport lines that make it one of the easiest areas to reach in Istanbul .
  2. Basin Express includes many mega projects, sophisticated residential complexes , five-star hotels, high-class offices and famous shopping malls such as Mall of Istanbul , which is intended for tourists from all over the world .
  3. Basin Express is located near the new airport and is connected to the road leading to the airport , in addition to containing many of the land can be invested .
  4. Residential complexes in Basin Express are characterized by their modern design which allows sunlight to enter the apartment as long as possible during the day . These complexes do not contain apartments facing the north side , in addition to the wide choice of apartment areas in Basin Express starting from 0+1 to 4+1 .
  5. Basin Express is the new investment destination and is the new business center in Istanbul , a promising area for residential projects and profitable business centers , as all Basin Express properties are government guaranteed up to 3 years mostly .

 

RH 161 - Luxury towers in Basin Express under construction with installment plans up to 3 years

The project was developed by the best real estate developers in Turkey . It is a housing project built on a land area of 12.000 square meters .

The project consists of two buildings comprising 503 apartments and 27 shops to meet all your needs .

The project offers apartments options ranging from 1+1 to 3+1 with spaces ranging from 68 square meters to 175 square meters .

The project located on the European side of Istanbul , close to Basin Express road , the first destination for investors in Istanbul . With the world's largest companies in Istanbul and five-star hotels , it is connecting the E5 and TEM .

The project is close to shopping malls such as Mall of Istanbul , the largest in Turkey and the favorite destination for Arab and foreign tourists .

The project is 50 meters from the metro station to be built in 2019 .

Project's details in the following link : RH 161

 

 Famous places near Basin Express 

  1. Mall of Istanbul 

Mall of Istanbul has become one of the most prominent tourist attractions in Istanbul city , and it is a meeting place for Arab and foreign tourists from all over the world , as it is one of the largest shopping malls in Turkey where it contains the most important international and Turkish brands .

Mall of Istanbul is opened in Turkey in 2014 , and it consists of 7 towers , inspired by the city of Istanbul itself , where the project consists of 4 residential towers , an office tower , a large building dedicated to hotel units , and a huge shopping mall .

Mall of Istanbul offers you a new shopping concept , with 350 shops , as well as specially designed private gardens . For entertainment, Mall of Istanbul has the largest indoor amusement park , with a horror house , a huge race track and many other recreational facilities .

Mall of Istanbul has 16 theaters with a capacity of 3050 seats , the largest cinema within the commercial complexes in Turkey , and all facilities are equipped with the highest technical standards and fully serviced .

Mall of Istanbul has a full floor with a huge number of Turkish and international restaurants that satisfy all tastes .

Mall of Istanbul , the largest comprehensive shopping , entertainment and lifestyle center in Turkey , is located in Basaksehir area , one of the most important areas of growth and urban development on the European side of Istanbul .

 

  1. Masko Furniture City

According to the international arrangement for manufacturing industries , especially with regard to the furniture industry , Turkish furniture comes in third place in terms of production volume , quality and distinctive designs , and it also appears that the Arab audience watching Turkish series , films and advertisements , and the upcoming Arab audience for tourism in Istanbul was dramatically impressed with unique Turkish furniture and varied attractive designs .

And since the Arab public has a high demand for Turkish furniture , this obligates Arab merchants and businessmen to provide unique and affordable Turkish furniture , and to carry out this task , many Arab businessmen traders came to Turkey with a view to searching for integrated furniture production sites , and from The locations that can be served as a unique and diverse Turkish furniture production " Masko " .

The planning for Masco began on March 9 , 1984 with 13 special financial supporters , and on June 21 , 1987 , after providing government support under the auspices of the Turkish Ministry of Industry and Trade , Masko has opened for business .

MASKO is the acronym for the Turkish title for " Managing the furniture and wood production site in Istanbul " . Masko is located in Basaksehir district in Istanbul . It is characterized by the ease and availability of transportation to it . It contains more than 778 companies and factories producing all types of furniture related to all areas .

The total area of ​​Masko extends is 483 thousand square kilometers , 440 thousand square kilometers , of which the property of the producing companies and 43 thousand square kilometers of which is specific to social institutions such as restaurants , hotels , cafes and other places that provide social services for Masco workers and for expatriates .

 

RH 2 - Hotel concept apartments, Rotana project in Istanbul

For those who are looking for the best real estate investment opportunities in Istanbul , this project will yield an annual investment return of at least $ 20.000 .

The project was built on a land area of ​​10.000 square meters , it is a single tower with 31 floors distributed as follows :

The first 8 floors are 152 fully equipped five-star hotel rooms ,

2500 square meters commercial area to secure the full needs of guests and residents . The remaining floors of the building consist of 153 luxury apartments .

As of the residential floors, which are 17 , they are of multiple options , 1+1 or 2+1 with one or two bathrooms .

Luxurious reception room on the ground floor with a 7.5-meter roof , with user-friendly touches and welcoming guests .

The basement has been designated as safe parking for vehicles with surveillance camera .

The first three floors were also designed for parking but with open spaces as well as a large showroom .

The fourth floor includes a large restaurant with an area of 300 square meter as well as a bakery and a cafe with an area of 100 square meter .

Luxurious meeting room on the 5th floor .

The next eight floors are the hotel rooms and have been placed from the 6th floor to ensure that each of the floors has distinctive views .

The 14th floor was devoted to sports activities , sauna , swimming pool , massage room , steam and Jacuzzi .

Kitchens are facilitated with fridge , washing machine and dishwasher , as well as gas and flat oven .

100% reflective glass has been approved for exterior cladding to give full view of the exterior .

The location of the project in Basin Express indicates that it is within the area of ​​gathering of hotels , large companies , shopping centers , commercial and educational centers as well as hospitals and universities , and this area was specifically designated as the best destination for real estate investment in Istanbul for the years 2019 , 2020 .

The most prominent feature of this project is its location between the main roads in Istanbul , E5 and TEM Highways which provides easy access to Istanbul International Airport .

It is close to the seaport of Bakirkoy ( 15 minutes ) , Mall of Istanbul , the largest mall in Europe ( 5 minutes ) and the metro , which will be opened soon in that area ( only three minutes away from the project site ) .

Project's details in the following link : RH 2

 

 Advantages of investing in Turkey : 

  1. Turkey usually treats the foreign investor in a way that is close to the local investor at a rate that may reach 100% , which is one of the most important advantages of investing in Turkey .
  2. The Turkish economy is among the most economies around the world that have a brilliant future . Expectations indicate that during the next ten years it will become one of the fastest growing economies around the world , because of its attraction of $ 15 billion in foreign investment annually , and the amount increases every year , as it is the sixteenth economy around the world .
  3. The population of Turkey helps to invest money , as the population of Turkey is 77.7 million , and Turkey is the largest in terms of youth in relation to the European Union , not only that , but also that its population of young people enjoys a high degree of culture and education .
  4. The infrastructure in Turkey has advanced high technology in all the things that a successful investment requires from transportation , remote means of communication and advanced marine transportation facilities and is characterized by its low cost .
  5. Low corporate income tax from 33% to 20% , and technological development areas and free and industrial areas are characterized by incentives and tax benefits, there is a total or partial exemption from corporate income tax , Turkey is characterized by laws that support innovation , research and development .

 

 What are the advantages of buying a property in Turkey ? 

  1. Low tax in Turkey , the decision to reduce taxes in Turkey is one of a series of decisions concerning the real estate sector in Turkey , and was reflected positively in stimulating foreign investors to own property in Turkey , which contributed to the revival of the real estate market in Turkey in general . The most important tax deductions are : Exempting the foreign buyer from the value added tax due on the property .
  2. Obtaining a residence permit , where foreigners who own properties in Turkey , whose price is less than $ 250.000 , are granted a residence permit that is renewed annually . Real estate residence permit in Turkey is granted to the landlord , his wife , and his children under the age of 18 .
  3. Real estate in Turkey is the cheapest real estate investment in Europe , where real estate prices in Turkey are considerably cheaper than those in Europe , with similar features in infrastructure , and similar in structure of developed European countries .
  4. Real estate investment in Turkey provides a profitable investment return , based on the economic activity and rapid urban development , and the strength of tourism in Turkey , which is best reflected in the periods and tourist seasons , through the demand for rental homes during those seasons distributed throughout year .

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