Apartments for sale in Istanbul near the new Istanbul Canal are a long-term venture with a good return on investment, owing to the presence of this water canal, which will re-establish Istanbul as a city that writes history and reigns supreme among the world's greatest cities.
The Istanbul Water Canal project aims to create a 45-kilometer-long water channel in order to build a waterway connecting the Black Sea and the famed Sea of Marmara with a strait comparable to the historical Bosphorus.
Unquestionably, the real estate and land on the canal's fringes give a genuine possibility to earn up to double or more in investment returns. These apartments for sale in Istanbul along the Istanbul Water Canal represent a genuine possibility to earn gratifying investment profitability while also obtaining Turkish citizenship.
The canal's concept is based on starting a channel from Küçükçekmece Lake, "the endpoint of the Sea of Marmara," through the Sazlıdere Dam, then the Chamlar Gardens, the end of the Başakşehir region, and the beginning of Arnavutköy, until it reaches the Black Sea and merges with Terkos Lake.
The Istanbul Water Canal, which will connect the Sea of Marmara with the Black Sea, will be roughly 45 kilometers long, 275 meters wide, and 20.75 meters deep.
The overall cost of this venture, including all of the bridges and the projects that stem from them, was anticipated to be 15 billion USD. The cost is quite inexpensive in comparison to the enormous profits that the government would receive from this initiative.
The full project is expected to take seven years to complete. The experts and those in charge of its completion endorsed this time frame. However, the first two years are merely for preparation, and the following five years are for channel construction and project implementation.
It will only be in one way, thus the journeys will rotate; ships traveling north towards the Black Sea for 12 hours, followed by ships heading south towards the Sea of Marmara for 12 hours, as is now the case in the Bosphorus Strait.
The advantages of such a magnificent project are numerous, with the following being the most important:
There are several benefits to apartments on the edges of the Istanbul Canal. The following are the most essential advantages:
The most significant feature that arose from the construction of the Istanbul Water Canal is the predicted investment returns after purchasing real estate adjacent to it, and this has actually occurred in projects where apartments were purchased for our clients, the majority of which had gained double the value that was purchased prior to the canal operations beginning.
The Istanbul Water Canal will result in new regions on its edges, enormous real estate developments on its outskirts, limitless facilities on its sides, and massive and large investments on its banks. At the moment, investment returns are generated in the following ways:
All of these routes lead to a successful and unquestionably profitable investment in some of the new real estate developments on the canal's banks. We advise everyone to look for properties for sale near the new Istanbul Canal and buy one before it's too late.
Another distinguishing feature of Istanbul apartments for sale near the new Istanbul Canal is the extravagant views of a strait similar to the largest historical strait, "the Bosphorus." The new canal will go through the midst of the country's lush valleys before expanding into the gorgeous Sazlıdere Dam, which will connect Terkos Lake to the Black Sea.
The vistas, when combined with the gorgeous blue hue of the Istanbul Canal and the natural land on its sides, will undoubtedly be unlike any other worldwide perspective. If you visit Istanbul, you will recognize this sensation when you gaze out over the legendary Bosphorus Strait and consider the breathtaking scenery. This is exactly how you will feel if you buy an apartment along the new Istanbul Canal.
The existence of six suspension bridges that will span the new Istanbul Canal adds to the beauty of these panoramas. Consider the dazzling lights of them at night against the lovely blackness of the canal water, or a tour of this canal in the early morning while sitting on one of the ships that pass between its banks. You will undoubtedly concur with us that buying a property in such an excellent location was an excellent decision.
Without a doubt, this channel will spark a worldwide surge in significant projects. The West, in general, with a fair segment of the local population, has opposed this project in order to restrict Turkey's huge and wonderful development, striving to discourage Turkey's commitment to this and other important projects.
However, Turkey has been and continues to be exceptional in terms of projects’ speed of completion and professionality in delivering, and the city of Istanbul will, for sure, gain significant value with the completion of this project, including but not limited to:
It is difficult to argue that the Istanbul Water Canal project had no discernible influence on investment. This was demonstrated by prior and present investments made on the canal's fringes. In recent months, the value of some apartments in Bahçeşehir has increased by up to 150 percent.
The following are the most significant positive outcomes:
This area, which has the greatest share of projects, is currently adjacent to the Istanbul Water Canal. The value of apartments in this district has more than doubled and is constantly growing. This district is known as the "city of gardens" because of the existence of intensive green areas and gardens, the most notable of which is the renowned Gullet Garden.
This region has become much more open to investment, particularly with the completion of the new Istanbul airport in the north of it, which is part of the Istanbul Canal project.
It is known as the Arab city because it is the most cherished and appealing to Arabs in the midst of a typically elevated environment of Turks and Arabs. One of its neighborhoods is the well-known Kaya, which is located directly adjacent to the Istanbul Canal. There are just a few developments under construction in this region, and real estate values are skyrocketing!
This district is no longer the same as it once was, thanks to the urban rebirth that it is presently experiencing as a result of the restoration plans taking place in the area. The municipality of Avcilar encouraged inhabitants to rebuild in light of the presence of many old buildings that are no longer prepared for earthquakes and calamities.
The Istanbul Canal originates in this region, most notably from the magnificent lake called after it, "Küçükçekmece Lake." The famed Marmaray metro connects this region to the Asian side in about half an hour. Küçükçekmece is a modern and prosperous district with a sophisticated population, the majority of whom own businesses and industries in the area's industrial city.
Beyond any shadow of doubt, the apartments for sale in Istanbul along the new Istanbul Canal are a 100% beneficial investment opportunity, as evidenced by the figures, analyses, and facts discussed in our article today.
What is more, the Istanbul Canal's surrounding territories will soon be the scene of a grand event, a legendary enterprise in every sense of the word, through which Turkey hopes to spark a worldwide revolution and take the global lead in a variety of disciplines.
We, in damasturk Realty , are delighted to offer you free services based on our ten-year expertise in the Turkish real estate industry. We have effective ideas for investment in Turkey , and we can also help you gain Turkish citizenship through the acquisition of real estate in Turkey , with the help of our Turkish advisors and attorneys who are well-versed in Turkish legal matters.
