The importance of buying real estate near the Istanbul Water Canal

How smart it is to buy real estate near the new Istanbul water canal, because the projects near it or the areas in general are on a date with a significant increase in prices with the completion of construction and construction work, and indeed, from now on, prices have begun to change, which reassures investors.

In this article, get acquainted with us about the importance of the Istanbul Water Canal, and you will see some of its details and see its impact on the areas near it, an enjoyable read.

The importance of the Istanbul Water Canal on the economic level :

The Istanbul Water Canal is one of the most important infrastructure projects currently underway in Turkey as the canal will relieve pressure on the Bosphorus Canal in the east, which is one of the busiest waterways and faces the highest navigational density in the world. In addition, the new canal will provide an alternative route for maritime traffic, thus Reducing congestion and pollution in the Bosphorus Strait.

 The project has political and legal importance and will have repercussions at the regional and international levels, while the control of the Bosphorus Strait has been subject to great competition from the existing powers. The Istanbul Water Canal is a strategic project that will have a positive impact on Turkey's economy as well as create new jobs, increase trade in the country and enhance its value at all costs. global level.

The importance of the Istanbul Water Canal at the strategic level :

The Istanbul Canal is one of the strategically important waterways for global navigation. The growing importance of the Bosphorus Strait in Istanbul and the canal project are the fruits of the minds of these strategists. The acute suffering of the strait currently, which is considered the highest on the level, is a result of the Montreux Convention, while the canal will reduce congestion and pollution in the strait.

The impact of the Istanbul Water Canal on the real estate sector :

The construction of the canal will be of great importance to the Turkish real estate sector, as the real estate located near the canal will be of great value and will greatly contribute to raising the value of real estate in most European neighborhoods of Istanbul, which is a very great opportunity for the real estate sector located near it, and based on its high position, real estate investors are keen on Buy and search nearby.

Is this the right time to buy an apartment in Istanbul?

It depends. If you are looking for a short-term investment, then this is not the right time to buy an apartment in Istanbul. However, if you are looking for a long-term investment, then yes, this is the right time to buy an apartment in Istanbul. The reason is that there are currently a lot of non- Market certainty and prices are low therefore, if you are looking to invest in real estate in Istanbul for the long term, now is the right time to do so.

The most important areas of Istanbul affected by the new canal  :

Before you choose the area in which you will buy apartments and real estate in Istanbul, you should get to know the most important of these areas and get a broad idea of ​​their features and details related to them.

First: Basaksehir area :

The new Istanbul Canal had a great impact on the real estate market in the Basaksehir region, and despite all the enormous difficulties, this did not prevent the prices of apartments in the region from skyrocketing.

 Basaksehir's proximity to mega projects such as the Istanbul Canal and the new Istanbul Airport made it one of the most desirable places to live in the city as metro networks also reach it, making it more convenient for residents.

Second: Beylikduzu area :

Beylikduzu is located in Istanbul, which is one of the most famous tourist destinations in the world, and this means that there is a constant flow of tourists and visitors to it, which provides a great opportunity for investors to rent their properties to people from all over the world.

Another advantage of investing in real estate in Beylikduzu is that the region is constantly growing and developing and this means that there is a great potential for capital increase, as more people are looking to buy real estate in the region.

Third: Kucukcekmece :

In Kucukcekmece, you will find many advantages for real estate investment, as the region is popular with foreign and Arab investors due to its investment potential, and the region enjoys many advantages and is very popular with foreign and Arab investors.

 Some of the advantages of investing in real estate in Kucukcekmece include its proximity to two highways (TEM and E5) and easy access to the metrobus line. In addition, the region offers a variety of recreational facilities such as Kucukcekmece Lake.

The Esenyurt region in European Istanbul is one of the most famous areas in the field of real estate investment. The region is characterized by many features that make it an attractive investment destination, including the presence of a large Arab community and a thriving real estate market in it, thanks to the strong demand from local and international investors.

One of the advantages of investing in its properties is that it is home to a number of communities that offer a variety of amenities to the residents and in addition to that, the area is well connected to other areas.

Fifth: Avcilar region :

The demand for Avcilar real estate reached 20% of the total real estate sold in Istanbul. This is due to the many advantages that investment in it provides, and the main advantage is its location, as it is located near vital areas, which makes construction companies rush to build real estate in order to display them inside Istanbul apartments for sale. Moreover The real estate prices in Avcilar are very reasonable, which makes it a very attractive option for those who want to buy a property in this city.

Sixth: Arnavutkoy area :

One of the most promising areas for real estate investment in Istanbul. The neighborhood's location on the European side of the city, its proximity to the Black Sea, and its wonderful views make it an ideal choice for investors. In addition, the area contains all the ingredients necessary for the success of agricultural investments related to animal husbandry.

 The presence of apartments in Arnavutkoy inside and outside the complexes also makes it a great choice for investors. Therefore, if you are looking for a successful real estate investment in Istanbul, it is the perfect choice for you.

Learn about the most important real estate and investment opportunities suitable for your goals in Istanbul by contacting our real estate consultant, who will provide you with all the details and information that you will need, and do not forget to follow our website constantly to learn about the most important topics that interest you.

Advantages of buying a property in Turkey through ist Homes Real Estate company:

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