Advantages of real estate investment near the new Istanbul airport
Do you think real estate investment near the new Istanbul airport is a good or profitable idea? Many investors choose to buy a property near this huge modern edifice, which has achieved great fame and resonance on the global level, and due to its importance and the intensity of its reflection on the real estate sector in that city, we chose in this article to highlight it and some details related to ownership near it, an enjoyable read we wish you.
First, what is Istanbul's new airport?
Istanbul New Airport is a major international hub located in Istanbul, Turkey. It is the largest airport in the country and one of the largest in Europe. The new facility opened in 2020 and serves as a major gateway for travelers from all over the world.
The airport features the latest technology and infrastructure, providing passengers with a modern and efficient experience. It has six runways, two of which are capable of accommodating large aircraft such as the Airbus A380, in addition to four passenger terminals.
The airport is designed to handle more than 90 million passengers annually, making it one of the busiest airports in Europe. It also offers direct flights to more than 250 destinations around the world, making it an ideal hub for international travel.
In addition to terminals and runways, Istanbul New Airport also offers a variety of amenities and services to travelers including duty-free shopping, restaurants, lounges, hotels, and car rental services. The airport also has a fitness center and spa facilities to help relieve the stress of long-distance travel.
The importance of real estate investment near the new airport
With the opening of the new Istanbul Airport, real estate investment in the region witnessed a huge boom as it is located on the European side, and the new airport is expected to become one of the busiest airports in Europe and the world and this makes it an ideal location for real estate investors looking to take advantage of potential growth opportunities.
The area close to Istanbul's new airport is witnessing a massive influx of investment and development, thanks to its strategic geographic location and proximity to major transportation hubs where investors will benefit from easy access to major highways, railways and air travel, as well as a thriving population base and with a variety of residential and commercial options available, investors can benefit from both short-term rental returns and long-term capital gains.
The area is also backed by a strong infrastructure and many public facilities. This includes everything from schools and hospitals to parks and shopping malls. This level of infrastructure will help attract more tenants to any rental property investments in the area, helping to maximize returns for investors.
The impact of Istanbul Airport on the economy
The impact of the new Istanbul Airport on the Turkish economy is expected to be significant and the project, with an estimated cost of $12 billion, is expected to boost Turkey's GDP by up to 2% annually and create more than 200,000 jobs.
The new airport will also increase tourism in Turkey as it will be able to accommodate more flights and passengers. The number of visitors to Turkey is expected to increase by up to 10 million annually due to the new facility. This influx of tourists will have a positive impact on the Turkish economy by increasing foreign exchange earnings. , creating job opportunities in the hospitality industry and stimulating other sectors such as retail and manufacturing.
In addition, the new airport will also reduce the cost of air travel in Turkey and with increased competition among airlines operating out of Istanbul, prices are expected to become more affordable for both domestic and international travelers and this in turn could lead to an increase in business travel and trade opportunities with other countries, which contributes more to economic growth.
Areas of Istanbul near the third airport
If you are seriously consideringreal estate investment in that city, you should know that there are specific areas that you should look into because the opportunity for growth and profits in them are higher, and from them.
Basaksehir
The region offers many advantages for those looking to invest in real estate or start a business. Basaksehir has witnessed tremendous growth over the past few years, which makes it an attractive destination for investment. The region is home to many schools, universities, hospitals, banks, and other public and private facilities that make it a great place for business. It has excellent public transportation links to other parts of Istanbul and beyond.
Basaksehir has a wide variety of commercial properties available for purchase or rent, ranging from retail outlets to offices and warehouses. Investing in Basaksehir can be a great way to take advantage of its rapid growth while enjoying the benefits of living in that city as the modern infrastructure of the area makes it easy to set up a company. Or investing in real estate with minimal disruption or risk.
Beylikduzu
Beylikduzu is an up-and-coming area in Istanbul, Turkey that has witnessed rapid growth in the past few years. The area is known for its friendly atmosphere, excellent transportation links, and proximity to the city center. This makes Beylikduzu an attractive option for those looking to invest.
The area offers a variety of different investment possibilities, ranging from residential properties to commercial space and the residential market is particularly strong, with apartments for sale or rent offering excellent value for money and for commercial investors, there are a number of industrial parks offering a range of opportunities.
Beylikduzu also offers excellent opportunities for tourism investors and in addition to its easy access from the city center, it has a number of attractions such as the Grand Bazaar, Yildiz Historical Park and Aqualand Water Park.
In addition to its investment potential, Beylikduzu also has some of the most beautiful landscapes in the region. With its stunning coastline along the Sea of Marmara and gorgeous forests and mountains nearby, there are plenty of outdoor activities to keep visitors entertained.
Arnavut Koy
The region is rich in natural resources and an ideal climate for agricultural production. In addition, it is well connected to other parts of Turkey and Europe, making it an ideal location for companies and entrepreneurs. Moreover, the region boasts a strong infrastructure with excellent transportation links, as well as a vibrant cultural scene that makes it an attractive destination for tourists.
Investing in it can be very rewarding due to its strategic location and growth potential. There are many sectors that can benefit from investing in the region, such as tourism, agriculture, manufacturing, and technology. Investing in this region can provide companies with access to a large market, skilled labor, and competitive advantages over other fields. Moreover, the region has great potential for long-term growth due to its growing population, which provides companies with access to a larger customer base.
The idea of buying real estate in Turkeyhas become popular among those interested in obtaining an ideal opportunity for housing or investment and take advantage of the appropriate real estate investment options in Istanbul to obtain a high return by communicating with our real estate consultants.
Do not forget that investing inreal estate in Turkey is only a way to gainTurkish citizenshiporreal estate residencepermit that allows you to stay in the country legally and then acquire many of the privileges that a Turkish citizen gets.
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