Basaksehir

OVERVIEW

REAL ESTATE MARKET

TYPES OF HOUSING

TRANSPORTATION

EDUCATION

SOCIAL AND CULTURAL FACILITIES

COST OF LIVING

IN A NUTSHELL:

• Başakşehir is a district located on the European side of Istanbul. The district's geographical location is in the northwest of Istanbul, bordering the districts of Esenler, Bağcılar, Küçükçekmece, Arnavutköy, Eyüpsultan, and Esenyurt. Başakşehir is also close to Istanbul Airport, adding to its strategic location.
• Modern infrastructure, social facilities, and new housing projects have all contributed to the district's growth and development. Başakşehir is particularly known for housing projects developed by the Housing Development Administration of Turkey (TOKİ). There are parks, green spaces, sports centers, and social services in the area as well.
• Başakşehir is rich in terms of healthcare and education facilities. 
• In terms of transportation, Başakşehir has advantageous connectivity. 
• Başakşehir is an attractive place to live because of its convenient location, cutting-edge infrastructure, excellent healthcare and educational institutions, and convenient transportation links.

The Başakşehir neighborhood features numerous exciting destinations.

The first park on our list is Başakşehir Çam ve Sakura Şehir Park, which is popular due to the tranquil atmosphere it provides and the park's natural beauty, green spaces, ponds, and walking routes. Enjoy the outdoors with a picnic, a stroll, or both.

Atatürk Arboretum, a botanical garden in Başakşehir, is notable for the wide range of plants it contains. Many plant species are on display, all of which have been thoughtfully placed to complement their natural and historical surroundings.

Başakşehir Fatih Terim Stadium, number three on our list, is a must-see for football fans. Football games and other sporting events are held at the stadium.

The natural conservation area of Hayat Vadisi in Başakşehir is a popular spot for a variety of outdoor pursuits. There are lots of opportunities for exercise and recreation in the great outdoors.

Istanbul Aydın University, located in Başakşehir, is a prestigious institution with cutting-edge resources and a beautiful campus. You can take a tour of the campus and feel what it's like to be a student there.

These are some of the best attractions in the Başakşehir area. The neighborhood also has social amenities like restaurants, cafes, and retail centers.

Transportation

The transportation infrastructure in the Başakşehir district is highly developed. The metro, bus, and minibus lines are only some of the many options for public transit. The Başakşehir-Hasdal link roads and the TEM highway are also major thoroughfares that run through the area. It's easy to get to different sections of Istanbul from Başakşehir because of the extensive public transit system.

Education

The educational infrastructure in the Başakşehir neighborhood is highly developed. Numerous public institutions, private schools, preschools, and universities may be found in the area. Institutions of higher learning typically feature cutting-edge facilities and a wide range of courses. Başakşehir University is also a major educational institution in the area. There is a great diversity of educational opportunities available in the district.

Social and Cultural Facilities

You may find a variety of cultural and social opportunities in the Başakşehir neighborhood. The neighborhood is filled with parks, green places, and fun things to do. In particular, the district is home to prominent sporting venues, including the Başakşehir Fatih Terim Stadium and the Atatürk Olympic Stadium. In addition, Başakşehir is home to a wide variety of restaurants, cafes, movie theaters, and other forms of entertainment. The neighborhood also has cultural facilities like museums, libraries, and performance halls.

Cost of Living

In comparison to other parts of Istanbul, the Başakşehir district offers a lower cost of living. Factors that affect how much it costs to live in a certain area include housing prices, transportation charges, and the price of everyday essentials. However, this estimate can be inaccurate because it doesn't take into account individual preferences, living standards, or the services actually used. However, it is true that Başakşehir is known for its affordable cost of living.

People in Başakşehir tend to lead quite contemporary and energetic lives. The area is notable for its cutting-edge housing developments, shopping centers, sports arenas, and community centers. The majority of residents are middle- to upper-class financially. Başakşehir is a thriving neighborhood that offers excellent employment and educational prospects. Residents of the area favor using public transit to get to and around the city. They can participate in a wide range of social and cultural events. Depending on how the area evolves, the social and economic makeup may shift over time.

Overview

Located on the European side of Istanbul, the neighborhood of Başakşehir is seeing fast growth. The population of Başakşehir is very high, making it quite a crowded area. The Housing Development Administration of Turkey (TOKİ) is responsible for many of the city's upscale residential developments and cutting-edge facilities here. The neighborhood has parks, green spaces, sports centers, and social services. Both healthcare and educational resources are well developed there. 

Housing and rental prices in Başakşehir

The anticipated payback period for residential properties in the Başakşehir area is 19 years, with an average price per square meter of 30,947 TL. According to the regional report and real estate index for 2023, a 100-square-meter home in Başakşehir will set you back anything from 2,321,055 TL to 3,868,400 TL on average. Rent collected each month is between 10,136 TL and 16,967 TL, for a total monthly rent collection of between 121,634 TL and 203,600 TL every year. It's important to remember, though, that market circumstances, demand, and other factors can all cause these estimates to shift.

What has been the district property price trend in recent years? What are the predictions for the future of this trend?

Endeksa.com reports that real estate prices in the Başakşehir neighborhood have been rising over the past few years. Başakşehir has seen a 44% rise in home prices during the past five years. The price per square meter for homes is reported to be 3,175 TL, with a total average property value of 422,000 TL. The median payback period for real estate investments is 24 years. 

These numbers illustrate the prevailing patterns in Başakşehir property values and rental yields.

Which are the most popular and valuable areas in the district?

Some of the most desirable and popular locations in the Başakşehir district are:

Başakşehir Merkez is the hub of the neighborhood and features numerous new apartment complexes, retail centers, hospitals, and community gathering spaces. In terms of both property value and demand, it is a highly sought-after location.

Başakşehir's sub-neighborhood, Bahçeşehir, is notable for its abundance of parks, lakes, and cutting-edge housing developments. It is well known for its high-end houses and safe neighborhoods.

New home developments and cutting-edge infrastructure have helped make Şahintepe one of Başakşehir's most desirable neighborhoods. In terms of property, it is a highly desirable area.

These regions are highly sought-after because of the many conveniences and perks they provide to residents of the Başakşehir neighborhood.

Types of Housing

The Başakşehir neighborhood features a wide range of housing options, such as:

Apartments in Başakşehir are mainly located in tall buildings and have a variety of floor plans and apartment sizes.

The neighborhood also features detached homes, which often come with a yard and extra square footage inside. Luxury fixtures and spacious floor plans are common in detached homes designed in the villa style.

Başakşehir is home to many high-end apartment complexes, which are known as "residences." They tend to be located in taller structures and may include extra recreational amenities.

Countless gated communities can be found throughout the area. There are benefits to living in a residential complex, such as safety, convenience, and community.

Housing in Başakşehir comes in a variety of forms to meet the needs of the city's diverse population.