Infrastructure projects in Turkey and their impact on real estate

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Infrastructure projects in Turkey and their impact on real estate

The relationship between the increase in the number and size of infrastructure projects in Turkey and the development of the real estate sector

Infrastructure projects in Turkey and their impact on real estate
13th November 2022
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Recently, the number of infrastructure projects in Turkey has increased, especially in Istanbul, which is the largest incubator in the world for the most important strategic projects that have achieved resonance and surpassed many countries in the world.

In this article, learn about the most important infrastructure projects in this country, and its reflection on the real estate sector in Turkey or real estate projects close to it will also be highlighted.

 

Check out the most important infrastructure projects in Turkey

Through the following paragraphs, you will get to know with us the most important infrastructure projects or development projects that exist in Turkey, as well as highlighting the most important details related to them:

 

First: Basaksehir Medical City

Basaksehir is one of the most modern and technologically advanced medical facilities in the world - the hospital is equipped with the latest technology and medical equipment, making it one of the most equipped hospitals in Turkey - it also has a highly qualified and experienced staff of doctors, nurses and other medical professionals who are dedicated to providing the best possible care to their patients The hospital offers a wide range of services including general medicine, surgery, obstetrics, gynecology, pediatrics, cardiology, neurology, oncology, etc. It also has a state-of-the-art laboratory that can provide patients with the latest diagnostic tests and treatment options - The hospital also has a comprehensive rehabilitation center that offers physical therapy, occupational therapy and speech therapy services - and is committed to providing the highest quality of care to its patients and their families.

Basaksehir Medical City

Second: Istanbul New Airport

Istanbul New Airport is one of the largest airports in the world and has a set of features that make it the best choice for travelers. Here are some of the reasons why it is in this position:

- Istanbul New Airport has more than 200 gates, making it one of the largest in the world.

- The airport is equipped with the latest technology, including an automated baggage system and self-service check-in kiosks.

- The airport has a wide range of shopping and dining options, as well as an outdoor park and children's playground.

- The airport is located just outside Istanbul, which is easy to reach by public transportation.

 

Third: Istanbul Water Canal

- The new Istanbul Water Canal will be one of the most important infrastructure projects in Turkey and will provide a new transportation route for ships passing through the Bosphorus, in addition to generating hydroelectric power. The project cost is expected to reach $22 billion and its construction is expected to be completed in 2027.

Here are some of the most important features of the new channel:

- Length: The canal is 45 kilometers long and 400 meters wide.

- Depth: The depth of the channel will be 25 meters.

- Bridges: There will be three bridges crossing the canal.

- Hydroelectric power station: The canal will contain a hydroelectric power station with a capacity of 1,000 megawatts.

The new Istanbul Water Canal will change the rules of the game in the city - and here's why:

  1. It will provide a much-needed alternative to the crowded Bosphorus Strait.
  2. It will help reduce traffic congestion in Istanbul.
  3. It will create new opportunities for trade and transportation.
  4. It will boost the city's economy.
  5. It will improve the quality of life for residents.

 

Fourth: Sabiha International Airport

Istanbul Sabiha International Airport is the busiest airport in Turkey and is also one of the busiest in Europe. The airport has a capacity of 50 million passengers annually and is located on the Asian side of Istanbul.

The airport has two small terminals. Terminal 1 is for domestic flights and Terminal 2 is for international flights. The airport has a wide range of facilities and services and has a duty-free shopping area where you can buy souvenirs and gifts for your loved ones.

 There are also many restaurants and cafes at the airport where you can grab a snack before your flight and the airport has a wide range of transportation options to get to the center of Istanbul where you can take a bus, train or taxi from the airport.

 

 Fifth: Eurasia Tunnel

The Eurasia Tunnel is a 5.4 km (3.4 mi) double-deck road and railway tunnel under the Bosphorus, which connects the European and Asian sides of Istanbul, Turkey and is Turkey's first submerged tube tunnel.

The submerged tube method was chosen because it is less expensive and faster to construct than a boring tunnel or bridge, and will not disturb marine traffic on the surface of the strait. The project was completed in December 2016 and opened to traffic on December 20.

The main features of the Eurasia Tunnel are:

- Two levels: one for cars and one for trains.

- Capacity up to 90,000 vehicles per day.

- Travel time of only 15 minutes between the two sides of Istanbul.

- Fee system based on distance traveled.

- A ventilation system that keeps traffic flowing smoothly.

 

The impact of infrastructure on the real estate sector in Turkey

The real estate sector in Turkey is one of the most important sectors of the economy and has a significant impact on the country's GDP. The sector has witnessed rapid growth in recent years and this growth is expected to continue in the coming years. The real estate sector is a major contributor to the economy and plays a vital role in the country's development.

The government has been investing heavily in infrastructure development in recent years and this investment has had a positive impact on the real estate sector and is one of the main reasons for the rapid growth of the sector.

The real estate sector also has a positive impact on employment in Turkey as the sector provides job opportunities for thousands of people and this number is expected to grow in the coming years. The real estate sector is an important source of income for many families and plays a vital role in the economy.

 

Services Binaa Real Estate is proud to provide to its clients:


Apartments for sale in Istanbul suitable for obtaining Turkish citizenship.
-Exclusive offers and properties considered the best in the Turkish real estate market.
Real estate prices are studied and guaranteed.
- Ensure the smooth running of the property purchase process and take care of all the arrangements.
Marketing your property and selecting distinguished clients.
An integrated team of experts to answer any questions about a successful real estate investment journey in Turkey, just contact us.

 

One of the signs of the success of your project in real estate investment in Turkey is your appropriate choice of the site. The more important it is, the more distinguished it will be and help you succeed. Therefore, do not hesitate to communicate with experts and specialists in this field so that they provide all the appropriate advice and offers, as well as you will receive a report and study with the latest developments that occur to it.

 

Related articles :
The guide of real estate investment in Turkey 2022
Latest updates on Turkish citizenship and real estate residence
Luxury apartments for sale in Istanbul
How to obtain a Turkish passport?
The journey of looking for apartments for sale in Istanbul
Houses for sale in Turkey in installments
Villas for sale in Istanbul
Best offers for apartments for sale in Turkey 2022
How to obtain Turkish citizenship by real estate investment?
Steps to buying an apartment in Istanbul
Tourist Residency and Real Estate Residency in Turkey
The best real estate investment areas in Istanbul
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