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2766 sqft
Real estate in Basibuyuk
Istanbul in northern Turkey is a bustling city that has captured the interest of many foreign home-buyers and investors. If you're on the hunt for your dream home or an apartment for sale in a location that seamlessly blends the ancient and the modern, then Basibuyuk should definitely be on your radar. This charming district in Istanbul, with its lush green hills and traditional Ottoman houses, is often referred to as “Yeşil Mahalle” or "Green Neighborhood" due to its scenic landscapes and captivating architecture. Prior to reaching out to a local real estate agent, it would be beneficial to familiarise yourself with the property market in Basibuyuk, the types of properties for sale, and the costs associated with purchasing a home in this historical and culturally rich location. Whether you're looking for a luxurious villa overlooking the Marmara Sea, or a quaint apartment nestled among the city's vibrant streets, Basibuyuk offers a diverse range of real estate options to cater to a variety of tastes and budgets.
Basibuyuk properties: Market trends overview
The real estate market in Basibuyuk, Istanbul has been displaying a consistent rise in property prices, thus drawing the attention of overseas investors and purchasers. A major influx is from Europe, the Middle East, North America and Scandinavian countries who are attracted to Basibuyuk's strategic position in Istanbul, offering easy access to the vibrant city life while maintaining a tranquil living environment. The area's proximity to the bustling city of Istanbul, with its rich culture, history and lively nightlife, in combination with recreational facilities such as golf courses and leisure centers, ensures an active yet relaxed lifestyle for its residents. Known for its unique lifestyle offerings, Basibuyuk boasts a mixture of traditional and modern Turkish living standards. In recent years, local authorities have initiated various developmental projects to enhance the appeal of the area, leading to a variety of property types being available to both domestic and foreign purchasers. From contemporary townhouses and apartments to modern-style villas, traditional konaks (mansions), and luxurious penthouses, the real estate options in Basibuyuk can cater to diverse budget constraints and lifestyle needs. This variety of affordable housing options, coupled with the distinctive Turkish culture and lifestyle, has led to Basibuyuk becoming one of the most hospitable neighbourhoods for international buyers in Istanbul, Turkey.
Average price of a property for sale in Basibuyuk
What is the typical asking price for properties in Basibuyuk, Istanbul? Like in any real estate market, the answer is not clear-cut and is influenced by numerous variables such as the type of property, vicinity to key landmarks and amenities, personal taste, luxury attributes, size, accessibility and so on. Current data points out that the peak asking price for properties for sale in Basibuyuk was recorded at 15,410 Turkish Lira per square meter. The prime real estate properties are located in the Basibuyuk-Maltepe region. Conversely, the most reasonable prices, with an average price per square meter of 11,300 Turkish Lira, can be found in the Basibuyuk-Yukari area. The average listing price for a residence in Basibuyuk is presently hovering around 4,235,125 Turkish Lira. These prices, however, are subject to change as the real estate market fluctuates and are largely dependent on the specific characteristics of each property.
Types of properties can you find in Basibuyuk
In Basibuyuk, Istanbul, Turkey, the real estate market consists of a diverse plethora of properties comprising apartments, opulent penthouses, exclusive seaside villas, and classic Turkish konaks. The most sought-after properties for sale are situated in private residential complexes. Here, you may discover 3-4 bedroom apartments equipped with expansive terraces and 2 storey homes. Furthermore, each floor of these residences features its own entrance, along with spacious terraces and an independent kitchen onsite. You might even choose a newly constructed villa situated in a prime location in Basibuyuk, Istanbul, providing sweeping views of the sea. These villas are within a comfortable walking distance to the beach, making them an idyllic living spot. This variety of options caters to both locals and foreigners looking to invest in the vibrant and diverse Istanbul real estate market.