Gulf property dealers go for In Turkey 2015

I up and coming districts on Istanbul's European part have become hot spots for Gulf investors choosing a second
domiciles in 2014, it is reported.
Property dealers from Kuwait, Saudi Arabia plus the United Arab Emirates are keen on modern flats in
Bahcesehir and Belikduzu, according to Turkish property expert place Blue Overseas Property.


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‘A big proportionality of our customers are from the Gulf region and most want a simple, contemporary apartment in an up and
coming suburb of the town, which they treat as a lifestyle or rental investment,’

‘For a variety of reasons, Bahcesehir and Belikduzu are specifically popular, not minimum since they've become
fashionable hubs for more affluent Turkish people,’ he added.

He explained that the two areas will be the focus of a lot of the construction trend that is sweeping Istanbul. They
offer a selection that is good of plan and recently built quality flats, within gated complexes along with common
facilities, priced between $100,000 and $200,000, all of which suits what's needed and budget of typical Gulf
investors.

He additionally noticed that shoppers are spoilt for choice both in districts but especially in Belikduzu, believed to have the
most amount of shopping centers of all of the districts in Istanbul. Malls there include Marka City, Surmen Center, Beylicium
Shopping Centre together with Migros Shopping Centre. Bahcesehir has the Akbati shopping centre, Akkoza prestige and shopping center mall.

Bahcesehir, which means city that is‘garden in Turkish, has considerable green spaces and normal features. The whole region
Has been designed around one of the manmade lakes that are largest in Turkey, as well as parkland that provides an array of
outdoor leisure facility, including horse-riding and golf. It also has a waterpark, the Aqua Dolphin Park.

Both districts have actually healthier sources of demand for rentals, including college campuses. Belikduzu normally home to the
Kolan and Medicana hospitals, where a significant quantity of staff need accommodation close to their workplace,
while Turkey's largest event centre, the Tuyap Exhibition Centre, is also here, attracting several thousand delegates
and site visitors every year.
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Walker also explained that Belikduzu and Bahcesehir both have actually excellent transportation connections, by bus, train and
motorway, using the Istanbul's social and company districts, as well as the Istanbul that is main airportAtaturk
Airport terminal), making transfers from the Middle East effortless. Having a waterfront, means Belikduzu offers a
water taxi service.

He expects that future transport infrastructure improvements in Istanbul will straight benefit both districts. These
range from the construction of a third connection over the Bosphorus for both road and rail, the proposed Istanbul Canal
connecting the Ebony water to the water of Marmara and Istanbul's third airport, set to end up being the earth's largest as soon as complete.