The best free economic zones for buying real estate in Istanbul

Investors and end users, intended buy real estate in Istanbul, often consider properties located in free economic zones. The Turkish government pays special attention to these locations, so their infrastructure is constantly developing and replenished with new residential and commercial projects. These areas include a number of the most famous hotels, the headquarters of Turkish and foreign banks, as well as many large economic structures, state universities and international schools.

Consider the three economic zones of Istanbul, which are most popular with local and foreign buyers of real estate.

Maslak

Maslak is one of the oldest economic zones in Istanbul and one of the most promising areas in the world of business and commerce. Its name has long been synonymous with words such as «wealth», «power» and «influence» in the sphere of Turkish trade and economy. The zone is located in Saryer, one of the most prestigious areas of the city. Earlier, during the Ottoman era, sultans, khans and padishahs lived here. You can learn more about the historical past of the district in local museums and palaces.

The area is within walking distance of the famous Bosphorus Strait, which separates the European and Asian sides of the city. Local property owners can enjoy views not only of the strait, but also of the Belgrade forests. Not far from Maslak, located equidistant between Istanbul International Airport and Istanbul Sabiha Gokcen Airport, you can also find Taksim Square.

Key features of the area:

Luxury. Since Maslak is considered a first-class area, it always attracts representatives of the upper class, merchants, celebrities and businessmen. It is called the «city of the rich» because of the refined atmosphere and a wide range of services. It is also an ideal place for foreign ambassadors and businessmen.
Earthquake protection. Since Maslak is located far from the Sea of Marmara, and its modern buildings and projects are insured against earthquakes, local residents can not worry that their property will suffer as a result of a natural disaster.
Developed transport network. Maslak boasts a well-developed transport network. It includes the M2 metro line and the E80 highway, which give local residents access to other areas.
Investment attractiveness. Residential and commercial complexes in the city have ideal characteristics. They provide a wide range of services that will provide their owners with the highest level of luxury and comfort.

Basin Express

Basin Express is located on the European side of Istanbul and belongs to the Bagcylar district. The zone borders with Bakhchevlar and Bakyrkey in the south, with Basakshehir in the north, with Avdzhilar and Beylikduzu in the west and with Bayrampasha in the east. The Basin Express motorway is one of the most important in Istanbul, as it connects two highways – E-5 and E-80.

The zone has a unique strategic location, as it is located 10 minutes from Istanbul Ataturk Airport, which after closing will be turned into a large public park with an exhibition hall and a conference center.

Key features of the area:

Unique location. Basin Express is distinguished by its strategic location. The zone is located near Istanbul International Airport, which is one of the most important air navigation centers in the world. This increases the importance of local projects in terms of investments, especially real estate investments.
International hotels. There are more than 30 hotels in Basin Express, some of which are already ready to move in, for example, Marriott, Holiday Inn, Divan, Sheraton and Rotana, and some are under construction. The Turkish government is working to attract investment in the field of hotel projects, and also provides all the opportunities to open new hotels in the area.
Commercial centers. Basin Express includes a number of financial and entertainment centers, which only increases its investment attractiveness. The district offers many shopping complexes, including Mall of Istanbul and Mall 212.
Developed infrastructure. Basin Express offers a wide selection of schools, universities and hospitals. Here you can find many state and international educational institutions, as well as well-known universities such as Altynbas University, Aris University and Istanbul University of Culture. There are a large number of medical centers and private clinics in the area, as well as public and private hospitals such as Medipol University Hospital with Runway and Ajibadem Hospital.

Istanbul Financial Center

The Istanbul Financial Center extends over an area of approximately 3.2 million m2. It is located in the Asian part of the city, in the area located between Atashehir and Dying, next to the TEM international highway. This is a strategic location with more than 30,000 employees. Branches of major international organizations and financial institutions are regularly opened here.

The zone consists of five phases. It includes an integrated group of offices, residential blocks, conference halls, hotels and parking lots. In the future, it will also include a group of government projects aimed at developing local infrastructure through the creation of new transport lines and the introduction of renewable energy sources to ensure the continuous operation of the financial center.

Key features of the area:

numerous opportunities for foreign investors;
provision of necessary conditions for obtaining investment licenses;
provision of information related to investment sectors and protection of investments by a package of laws;
proximity to important infrastructure facilities, including a metro station, Turkish schools and shopping centers;
25 minutes’ drive from Istanbul Sabiha Gokcen Airport and 30 minutes’ drive from Istanbul International Airport.

Assistance in buying real estate in Istanbul

Investors and end users who want to purchase real estate in one of the promising districts of Istanbul or in another Turkish city should go to Turk.Estate. The aggregator's extensive database contains the best residential and commercial units, so everyone can find a suitable option for themselves here. To get help with the selection of an object, support at all stages of the transaction and high-quality after-sales service, contact the company's specialists directly.