Investment and Towers Area in Bağcılar Municipality, Istanbul: A Hub for Turkish Real Estate
The investment and towers area in Bağcılar Municipality, Istanbul, is one of the most renowned locations in the Turkish real estate market. It has become a prime target for foreign investors due to its unique advantages and features, along with a wide range of suitable locations. This area is considered a vital part of Turkey’s economic and tourism capital, offering many upscale neighborhoods ideal for real estate and property investments.
Investment and Towers Area in Bağcılar Municipality, Istanbul
The investment and towers area in Bağcılar Municipality has emerged as a prominent section of the city’s upscale regions due to its proximity to infrastructure projects. It is bordered to the west by Küçükçekmece Lake, to the north by Başakşehir and Arnavutköy, to the south by Bahçelievler and Yenibosna, and to the east by the Gazi area. The municipality spans an area of 222 square kilometers.
Real estate prices in the Bağcılar investment area vary depending on their proximity to the distributed infrastructure, especially for newcomers from Anatolia or Arab countries. This municipality is categorized as one of the Turkish areas with the highest number of Arab residents due to its availability of essential living facilities.
Those interested in obtaining ideal property offers in the area, including residential units, can contact +90 536 779 472 via WhatsApp. The company’s team, which includes specialized legal consultants, provides free real estate consultation services to assist clients in acquiring the property best suited to their needs.
What Is the History of Bağcılar Municipality, Istanbul?
The historical establishment of Bağcılar Municipality explains its administrative separation from Bakırköy, located on Istanbul’s European side. It was designated as a separate municipality under Law 6083, issued in 1992.
Bağcılar is strategically located within Istanbul, as it sits on the E-80 highway, connecting Edirne and Ankara. It also hosts the main access to the Basın Ekspres, one of the most prominent investment zones in Turkey’s capital city.
How Many Healthcare Facilities Are There in Bağcılar Municipality?
One of the key advantages of Bağcılar is its extensive healthcare facilities, including hospitals, clinics, dispensaries, and pharmacies. Notable public hospitals in the area include Private 34 Hospital and Medipol Hospital.
What Educational Facilities Are Available in Bağcılar Municipality?
Bağcılar Municipality is home to numerous educational institutions, including universities and schools. Among the most prominent universities is Altınbaş University, which offers:
- Founded in 2008 by the Mehmet Altınbaş Education and Culture Foundation.
- Initially named Istanbul Kemerburgaz University and renamed in 2017.
- Located in Mahmutbey, on Istanbul’s European side.
- Ranked among the top academic universities in Turkey.
- Offers various health-related faculties, allowing students to specialize in fields like medicine, dentistry, and pharmacy.
- Provides education in English and Turkish, depending on the academic program.
- Offers university housing for its students.
- Employs a distinguished teaching staff for all available disciplines.
- Grants scholarships and assists students in finding employment after graduation.
What Are the Top Universities Near Bağcılar Municipality?
Many universities and educational institutions are located in or near Bağcılar. The most notable ones include:
- Medipol University, located in the Fatih district.
- Istanbul Aydın University, situated in Küçükçekmece.
- Istanbul Sabahattin Zaim University, popular among Arab students in Küçükçekmece.
- Istinye University, located in Zeytinburnu.
- Başakşehir Academy, specializing in Arabic and Islamic studies.
- Biruni University, also situated in Zeytinburnu.
- Istanbul Gelişim University, based in Avcılar.
What Are the Key Public Schools in Bağcılar Municipality?
With nearly one-third of Bağcılar’s population aged between 7 and 22, the municipality boasts a strong enrollment rate in primary schools, including:
- Bağcılar Anatolian High School.
- Bondar Vocational High School.
- Atatürk Middle School.
- Bağcılar has 104 public schools, with plans to establish 26 additional schools.
What Are the Leading Private Schools in Bağcılar Municipality?
Bağcılar also hosts a number of private schools that excel in:
- Supporting academic development while offering a diverse educational environment.
- Promoting cultural and social growth alongside high-quality state-approved education.
- Currently, Bağcılar has 83 private schools, bringing the total number of public and private schools to 187.
What International and Arabic Schools Are Located in Bağcılar Municipality?
Bağcılar is home to some of the finest international and Arabic schools, known for the following features:
- Employing top-notch teachers across various specialties.
- Hosting Safir International School, which follows the American curriculum.
- Offering Fayez International School, which teaches the Jordanian curriculum.
- Featuring the Syrian Canadian School, which provides the Canadian curriculum.
- Including the International Arab School, which adopts the Libyan curriculum.
- Hosting the Model Libyan School for the Libyan curriculum.
- Featuring the Yasmin International School, which offers the Palestinian-British curriculum.
- Tuition fees at international Arabic schools range from $1,000 to $5,000 annually.
What Are the Population Statistics in Bağcılar Municipality?
According to recent demographic statistics, one of Istanbul’s most significant investment areas includes the following population data:
- Total population: 745,125 residents.
- Marital status: 62% married, 30% single.
- Total inhabited area: 22 square kilometers.
What Are the Real Estate Price Trends in Bağcılar Over the Last Five Years?
Bağcılar’s investment and towers area has seen substantial changes in real estate prices over the past five years:
- In the first year, prices increased by 13.59%.
- By the third year, prices rose by 263.6%.
- Over the last five years, prices have surged by 273.2%.
What Are the Advantages of Real Estate Investment in Bağcılar Municipality?
The advantages of real estate investment in Bağcılar cannot be fully summarized, but the following features are the most attractive to real estate investors:
- A strong and developed infrastructure across most neighboring areas.
- Many construction companies are actively offering projects in Bağcılar Municipality.
- It is one of the strongest areas in terms of infrastructure, stretching from the Mall of Istanbul apartments to the areas near Atatürk Airport.
- The availability of projects with investment content provides various residential options.
- Numerous international companies have opened offices to manage investment projects in the area.
- High investment returns are achievable through the projects within the municipality, offering significant profit margins.
- Located on the Basin Express Road, which positively impacts the value of properties in the area.
- More than 30 hotels are situated along this road.
- The area hosts over 10 universities, as well as numerous company offices and global trade centers.
- High levels of luxury and convenience are provided through residential complexes within the region.
- Renowned for its tranquility, security, and elegance.
- Implements security systems and surveillance cameras operating 24/7 for added safety.
What Are the Best Residential Complexes in Bağcılar, Istanbul?
Bağcılar Municipality boasts numerous residential complexes in Istanbul, often offering competitive prices and flexible payment plans. Here are some standout projects:
Radisson Complex 1301-IMT
- Stylish residential units with modern architectural designs that cater to all tastes.
- Features contemporary and elegant finishes, utilizing pyramid-like architectural styles to attract investors.
- Strategically located on the international road connecting East and West Istanbul.
- Near metro lines linking to Şişli.
- Surrounded by hospitals, healthcare centers, shopping malls, and retail outlets.
- Housing styles range from 1+1 to 1+3 units.
- Residential styles incorporate a hotel-like heritage alongside many social and service facilities.
Luxera Towers 1359-IMT
- Expansive residential spaces with breathtaking views of the complex’s garden.
- Conveniently close to the Kirazlı metro line that connects to Fatih.
- Proximity to hospitals, universities, and various retail shops.
- Offers flexible installment options, allowing clients to pay 50% upfront and spread the remaining cost over 24 months.
- Investment prices start at $294,000.
Galaxy Tower 160 IMT
- Situated along the Basin Express Road, one of Istanbul’s prime investment corridors.
- Equipped with numerous essential facilities for residents.
- Includes 1+1 and 1+2 styles for residential and hotel apartment investments.
- Prices start at $310,000.
Flat Express Complex 1323 IMT
- Provides earthquake-resistant apartments, built with high-quality construction materials and contemporary architectural designs.
- Housing styles range from 1+1 to 1+3.
- Offers luxurious recreational and social facilities.
- Located in the European part of Istanbul, ensuring proximity to all major transportation hubs.
- Features a variety of retail centers and residential apartments.
- Suitable for real estate investments aimed at obtaining Turkish citizenship.
- Prices start at $250,000, with many installment options available.
What Are the Average Apartment Prices in Bağcılar Municipality?
One of the key benefits of real estate investment in Bağcılar is its average apartment prices, which cater to a wide range of investors. Below are some key insights:
- Apartment prices in Bağcılar saw a 7.19% increase last month in the real estate market.
- The average price per square meter in the area is 30,669 Turkish Lira.
- The average price for a 100-square-meter home is approximately 2.3 million Turkish Lira.
- Average prices have risen to 3.8 million Turkish Lira, based on the 2023 real estate index.
- Apartment prices vary depending on the specific property features.
- The average price for units in some residential complexes can reach $400,000, while others go up to $650,000.
What Are the Top Attractions in Bağcılar Municipality?
Bağcılar Municipality in Istanbul features numerous distinctive and tourist attractions, making it a magnet for foreign investors. Key highlights include:
- Bağcılar Square: Located at the heart of the area and one of the most iconic spots in the district.
- Bağcılar Square Park: An upscale pedestrian zone with numerous cafes, restaurants, and retail shops.
- Mehmet Arsay Museum: Specializing in classic cars, attracting vintage automobile enthusiasts.
- Yarimburgaz Cave: A natural and archaeological site declared a first-degree area in 2001.
- Kasıcı Han: A historic building from the Ottoman era that served as a hub for traders worldwide.
- Kasıcı Fountain: Built as an old social complex reflecting Ottoman architecture, surrounded by other Ottoman fountains like Hüseyin Ağa Fountain.
- Children’s Zone: Suitable for ages 3–7, including an indoor playground.
- Children’s Amusement Park: Closed on Mondays and Thursdays, with an entrance fee of only 2 Turkish Lira.
What Are the Closest Transportation Links to Bağcılar Municipality?
Bağcılar Municipality is near major transportation hubs connecting many of Istanbul’s vital districts. Key transportation options include:
- Metro Line M1: Connects with Yenikapı Station.
- Metro Line M7: Starts from Mahmutbey Station and ends at Mecidiyeköy.
- Tram Line 11: Runs from Bağcılar to Kabataş, passing through Eminönü and other tourist areas.
- Numerous public buses and Dolmuş (shared taxis).
- Currently, there is no direct Metrobus station serving the Bağcılar area.
What Are the Main Cultural and Economic Activities in Bağcılar Municipality?
Bağcılar’s prominence as a key investment zone stems from its array of cultural and economic activities, including:
- Over 88 mosques, with more planned in the future.
- Four municipal cultural centers.
- More than 25 public libraries.
- Numerous publishing houses for newspapers, books, and magazines.
- Textile and weaving industries serve as a primary income source for the local population.
- A hub for heavy industries and transportation.
- Hosts a large number of major shopping centers.
Bağcılar Municipality in Istanbul is among the strongest areas for real estate investments suitable for Arab nationals. For more information, you can contact the listed phone numbers to inquire about current property prices and other details.
Frequently Asked Questions (FAQs):
Why Is Bağcılar in Istanbul an Excellent Choice for Real Estate Investment?
Bağcılar Municipality’s primary advantage is its location in the European part of Istanbul, with a strong infrastructure and proximity to Atatürk Airport. It is also near key areas like Başakşehir and Bakırköy.
Is Bağcılar District in Istanbul Good for Living?
This district is considered one of Istanbul’s top residential areas, whether for investment or settling down, due to its strategic location near transportation hubs and numerous other advantages.
What Is the Best Area to Live in Istanbul?
Bağcılar Municipality stands out as one of Istanbul’s top residential areas due to its extensive real estate benefits and moderate prices relative to its strong infrastructure.
Is Real Estate Investment in Turkey Profitable?
Real estate investment in Turkey ranks among the top 10 most successful sectors, especially given the continuous growth of the country’s real estate economy.