The growing number of transport options in cities is having a direct impact on the property sector. Whilst transport projects are boosting the value of certain areas, this development is also influencing the decisions of prospective homebuyers. Bomonti, which offers strong transport links and the advantage of being in the city centre, is one of the most popular areas among those prioritising transport options when buying a home.
In recent years, transport projects in Istanbul have been gathering pace. The areas where these projects are being carried out are closely monitored by those who consider transport links when buying a home. As Bomonti, one of Istanbul’s most sought-after neighbourhoods, lies at the intersection of major transport projects, it holds a prime location for both homebuyers and investors.
TRANSPORT HAS REVITALISED BOMONTİ
Osman Yıldırım, Chairman of the Board of Directors at Yıldırım Yapı Grubu, who has focused on urban regeneration projects in the region under the Kuleli Evleri brand since 2006, stated: “The construction sector acts as a driving force, thanks to the added value generated by housing and infrastructure projects. “New transport investments providing entirely new transport alternatives in the region have given Bomonti a significant boost over the past decade. This effect has drawn both investors and construction firms to Bomonti. Thanks to its central location and the transport works continuing rapidly in neighbouring districts, Bomonti maintains its property value and desirability at the very top even during the most critical periods,” he said.
1+1 flats are in high demand
Located at the intersection of major transport routes, Bomonti makes life easier for those who actively use these key transport networks. Yıldırım, noting that investors who are both looking to live there and planning for the future prefer smaller-sized flats, said: “When we look at the pace of sales, we see that this type of property sells much more quickly. Most of the buyers are families wishing to invest in their children’s future, young professionals seeking easy access to work, and married couples. The most important reason for this is undoubtedly that our projects meet all needs in terms of interior design whilst opening their doors to the heart of city life,” he said.
Rising in Bomonti, Istanbul’s fastest-growing investment district, Kuleli Evleri offers the convenience of easy access to every corner of the city thanks to the increasing number of transport options in the area. With its proximity to the European side’s major business, entertainment, cultural, artistic and shopping centres, as well as universities and hospitals, Kuleli Evleri offers a lifestyle away from the city’s traffic.