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Başakşehir Medical City

مدينة باشاك شهير الطبية
  • One of the biggest hospitals in Europe and the world. 
  • The largest anti-earthquake building in the world. 
  • One of the Turkish president’s dreams (as he stated before). 

The Integrated Medical City in Başakşehir is the biggest healthcare project in the Turkish history. Panorama Property will take you on a tour to know more about this project. 

Cham and Sakora is the detailed name of the medical city. It means the hospital of cherry and pine hospital. 

It is said that the name Sakura is the Japanese word for (the flowering cherry tree). This project is one of the most important projects between Turkey and Japan. 

The Medical City was officially open in May 2020 and the Turkish president participated in this big event as it comes among the huge projects that the Turkish Government constructed recently. 

Location Details: 

The Medical City lies in the Başakşehir area in a strategic location on the highway that connects the Istanbul International Airport with the TEM highway. It is one of the closest places to Istanbul International Airport. Moreover, it is going to be near the new Istanbul Canal in the future and close to the third bridge (Sultan Yavuz Selim Bridge). The government also started developing a subway line between the Medical City and the Başakşehir Metro lines under the name of M11. 

Huge Space: 

The area of the project is very huge, with a total area of one million and 21 thousand square meters, divided into green spaces and gardens total of 171 thousand square meters, and 145 thousand square meters of rest cafes and seats for waiting and sitting. The actual area in which the buildings of the Medical City were established amounts to 789 thousand square meters. 

Main Departments: 

The Medical City Includes eight hospitals and departments divided into 10 buildings as follows: 

  • Obstetrics and Gynecology Hospital 
  • Children’s Hospital Malignant 
  • Oncology hospital 
  • Neurology hospital 
  • Heart Diseases Hospital 
  • Orthopedic hospital 
  • Psychiatric Hospital 
  • Physical hospital and rehabilitation 

These medical departments have been designed to accept the capacity of 2600 beds divide into: 

  • Obstetrics and Gynecology Hospital: 395 beds. 
  • Children’s Hospital Malignant: 520 beds. 
  • Oncology hospital: 367 beds. 
  • Neurology hospital: 311 beds. 
  • Heart Diseases Hospital: 327 beds. 
  • Psychiatric Hospital: 128 beds. 
  • Physical Therapy Hospital: 200 beds. 
  • The Emergency Department: Consists of diagnostic clinics that provide service to more than 2000 patients per day. 
  • The Medical City consists of clinic with different specialties can cover 9000 visitors per day. 

It is noteworthy that the medical city in Başakşehir will provide up to 9,000 job opportunities for workers in the healthcare sector. Professor (Mamishoglu), Director of Istanbul City Health, stated that the Medical City will provide medical service to about 65,000 people per day, and the Turkish Health Director continued that the Başakşehir Medical City project is a joint project between the public and private sectors, but its staff, who will provide the service, will consist entirely of state doctors and workers in the Ministry of Health. Whereas the private sector, represented by the construction company, will provide external services called support services such as cleaning, security, secretarial services, and technical services. It is important to mention that all services will be free and not a single penny will be paid from the pocket of any citizen. He ended “The Medical City opening event will not result in closing any other medical facility, and the healthcare services will be provided in full function. 

The world’s biggest anti-earthquake building: 

The main building in the Medical City is one of the biggest anti-earthquake buildings in the world as it contains 2068 earthquake insulators that support the bases of the other buildings in the Medical City. Because if these insulators, it will be possible to conduct surgeries during earthquakes without any distractions. The steel used in this facility will reach 95K tons, which is 10 times more than the Eifel Tower in France. 

Medical Equipment in the hospital: 

Professor Bakir Tveko, the head of the neurosurgery department, said that the Medical City will provide the most important and modern medical equipment, such as: 

  • High-level endoscopy, internal tendon neuromodulation device. 
  • A modern microscope device for surgical operations. 
  • Seven CT scanners. 
  • Seven MRI devices. 
  • Ultrasound devices with 24 echo devices. 
  • The Department of Nuclear Medicine, which includes two pet_ct devices (four), and four computerized computer imaging devices. 

Facilities Available in the Medical City: 

  • Three helicopter landing spots. 
  • A parking lot that can take 8000 cars. 
  • Conference room and a public library. 
  • Huge areas of aquatic and green zones. 
  • This facility is fully secured by a big security team and more than 3044 CVV cameras. 

Real Estate Tips from Panorama Property: 

Of course, buying real estate near Europe’s biggest hospital is an important investment opportunity for many reasons, such as: 

  1. Medical Tourism: The Medical City will provide services to people from all over the world, and it was built near one of the world’s biggest airports. All that will make it easier to reach so it will be the number one medical tourism center in Istanbul. 
  2. Living near the Başakşehir Medical City means that you will be in the middle of the largest three projects the Turkish government has ever built or will build which are: Istanbul International Airport, The Medical City, and the Istanbul Canal that everyone is waiting patiently. Plus, you will live in one of Istanbul’s modern places and you will take the advantage of the modern transportation system from the metro to the E80 highway. 

Resources:

Anadolu Official Agency, the official website of Başakşehir City, Turkey Healthcare Group. 

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Istanbul Canal. The 2023 Dream!

مشروع قناة اسطنبول المائية

 The Turkish Ministry of Environment approves the Istanbul Canal Project: 

Murat Kurum, the Turkish minister, has stated that the ministry team had approved the construction of the new Istanbul Canal, he tweeted “We have approved the development plan of Istanbul Canal and we have put it under general consulting”, he continued “We will take rapid steps to enrich our city with the Istanbul Canal”. 

The Istanbul Canal is the biggest dream for the Turkish Government and one of the things to achieve in 2023 that the President talks about continuously. 

Before we talk about the new canal, we have to refer to that the Bosphorus, which connects the Black Sea and the Marmara Sea, is an international sea passage and Turkey has no right to benefit from it until the Treaty of Lausanne ends in 2023. 

Here is a quick tour of this project that will be an economic and architectural revolution and it will attract the world’s attention. 

Details: 

  1. It will connect the Black Sea and the Marmara Sea, and it will be parallel to the Bosphorus. The canal will go from Kücükçekmece lake with a length of 6149 meters. Then, counting the distance that takes in Sazlidir Dam. Then about 6061vmeters in Başakşehir. Finally, the longest part goes 27383 through the Arnavutköy area, so the canal will be 40-45 km long in total. 
  2. An entire city will be constructed along the new Istanbul Canal, which will draw the world’s attention to it due to its development and modernity. According to the plan published by the Turkish government, two cities will be constructed horizontally along the canal, and the heights of these buildings will be according to the scheme from 3 to 5 floors, with the presence of Services and complexes built in a modern way, from parks and water cities to homes and shops. 
  3. Apartment complexes and stores will be constructed on 39 million square meters and all of it will be in the Arnavutköy area. 
  4. A huge logistics center and port with an area of 2 million square meters will be constructed at the entrance to the canal from the Black Seaside. This center will be one of the largest logistical centers in Turkey and will be linked to the main Istanbul port on the Beylikdüzü coast. 
  5. A huge technology center will be established in the Taya Kaden area with an area of 2.2 million square meters. One of its departments will be devoted to tourism services. Conference and exhibition halls will be constructed in the same center too.
    It is indicated that the center will be in a very close area to Istanbul International Airport to make it more accessible. 
  6. 8 bridges and many aqua cities will be constructed all the way through Istanbul Canal. Two artificial islands will be built too. 

Real Estate Tips from Panorama Property: 

First: Real Estate Prices: 

Real estate prices will rise as soon as the canal project is started, and for those who do not know, the prices of real estate overlooking the Bosphorus are the most expensive and the most in-demand in the Turkish real estate market. The new Istanbul Canal will provide similar views to the ones in the Bosphorus. Therefore, we noticed that investors have been rushing to buy in nearby areas recently because they know that real estate prices will increase at least double once the Istanbul Canal Project is finished. 

Are you looking for the best projects to buy an apartment in Istanbul? We offer you many investment options.

Second: Agricultural Land: 

As we have mentioned earlier, the new canal will extend for a long distance, and it will pass from several areas, some of which are agricultural lands on which real estate and commercial projects will be established, and the most important of these agricultural areas is Arnavutköy, which lies between the new Istanbul airport and the new Istanbul Canal, any piece of land located between these two huge projects is definitely a successful investment project. 

Third: Job Opportunities: 

Istanbul will provide thousands of job opportunities and it will be a tourist place. With that being said, we can now imagine the rental income out in that area. 

In conclusion, Panorama Property advises investing in that area while the prices are low because they will increase as soon as the Government starts the construction. 

Resources: Turk Press, Kanal Istanbul – Emlak Kulesi. 

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Basaksehir

باشاك شهير اسطنبول

We cannot talk about the most important areas that made the renaissance of Istanbul without mentioning the Basaksehir neighborhood, that neighborhood that includes the largest government projects and the most luxurious residential apartments. 

In this article, Panorama Authority will inform you about: 

  • Basaksehir site. 
  • The most important projects established in Basaksehir and their strategic importance. 
  • The future of investment in Basaksehir. 

Strategic location and transportation lines: 

The word Basaksehir means in the Arabic language the city of Sanabel al-Qamh, and it is a modern municipality that was separated from the municipalities of Küçükçekmece, Esenler, and Büyükçekmece in 2008 as a result of the construction boom that it witnessed, and this neighborhood extends between Arnavutkoy from the north, Eyup Sultan from the northeast, Asenler from the east, and in the south, Bagcilar district, which includes the Basin Express, the most prominent investment hub in Istanbul, which connects directly with Basaksehir. 

As for the transportation lines, Basaksehir is a major transportation node, as it has the most recent metro lines that connect it to the regions of Istanbul center such as (Besiktas and Mecidiyekoy). Europe and the two are the medical city of Basaksehir and between Istanbul’s new airport. 

The highway that extends from Istanbul’s new airport to the Asian section to Sabiha airport, and from the southern side of the Basaksehir district there is the E80 line, which is a road connecting Turkey to Europe and one of the most important roads in Turkey, and it is also indicated that the municipality of Basaksehir has announced that it will start building Tromay line This line, at a cost of 450 million Turkish liras, will reach all parts of the region. 

As for the internal transport buses, it has several lines that connect the region with the regions (Yeni Bosna, Zeytinburnu, Bakirkoy, down to Taksim). These lines and transportation have made Basaksehir the most distinguished area in Istanbul in terms of transportation. 

The Basaksehir district is 25 km from the Taksim area, and 17 km from Fatih. 

Huge parks and the most important places in Basaksehir: 

As we mentioned earlier, the municipality of Basaksehir was recently established, and this is what allowed engineers and architectural designers the freedom to create and create the most beautiful gardens and squares that are comparable to their splendor in areas in the most important European cities, including: 

– Green Valley and Water Valley: The municipality of Basaksehir is bordered in the northern region by a wide range of springs and green forests, and the municipality of Basaksehir was able to take advantage of the springs of those forests and created an artificial lake (Basaksehir Lake) with an area of 26 thousand square kilometers surrounded by gardens and large green spaces that reach For 300 thousand square meters, it also includes one of the largest natural valleys in the region of Sazlidara, which includes a natural and archaeological park at the same time, and the region also includes another valley called Water Valley, located in the Fifth District (The Fifth Attab) of Basaksehir, and extends over An area of 45,723 square meters, and it contains 26,000 square meters of pedestrian roads, in addition to the place containing a large number of vital facilities, such as: shopping centers, sports, restaurants, cafes, and many other facilities. 

– Olympiad area and stadium: There is in Basaksehir one of the largest sports cities in Turkey, the Olympic Stadium, which was established when Turkey hosted one of the championships. 

– Kent Square: This square is located in the center of Basaksehir, and the Turkish president recently inaugurated it, and it is considered the largest square in Turkey at all, with an area of 600 thousand square meters, and many malls and commercial centers have been established in its vicinity, as it has parking spaces for nine thousand cars. It also has a metro station, so apartments near Kent Square have witnessed a significant increase in prices. 

Hospitals and clinics in Basaksehir: 

Basaksehir has the largest hospital in Europe, called Basaksehir Medical City, with an area of one million square meters, consisting of eight buildings, each of which includes an integrated specialized hospital in the following departments: (Children’s Hospital, Gynecology and Obstetrics Hospital, Oncology Hospital, Neurology Hospital, Orthopedic Hospital, Cardiology Hospital, Psychiatric Hospital, Physical Therapy and Rehabilitation Hospital), the medical city has a capacity of 2,682 beds. 

While the main building of the Medical City will be one of the largest earthquake-resistant buildings in the world, because it contains 2068 seismic isolators that support the foundations of all buildings of this medical city, and thanks to these insulators, it will be possible to conduct surgeries during earthquakes without any embarrassment, and the amount will reach The iron used in building this facility is 95 thousand tons of iron, and this number is ten times the weight of the Eiffel Tower in France, and in the Basaksehir district there are also a government hospital and many private hospitals, and the number of clinics and medical centers reaches 24 centers. 

Education in Basaksehir: 

The quiet residential nature of Basaksehir has made it a center for many schools and universities, and the most important of these universities are Bahcesehir University, Basaksehir University, and Ibn Khaldun University. As for the schools, they are many and varied, between governmental and private, and some of them offer the curriculum in several languages: Arabic, English, and Turkish, among which are the Al-Afaq Model School and Al-Ma’arif international School. 

Advantages of owning and investing in Basaksehir: 

  • It is one of the closest areas to Istanbul’s new airport, and in it there will be a metro station connecting between the medical city of Basaksehir and the new airport, in addition to the highway that connects between Basaksehir and the new airport directly. 
  • The passage of the Istanbul Canal project with its construction adjacent to the Basaksehir district, this project will be a quantum leap in the world of real estate investment with its investment opportunities. 
  • The residential complexes located in the Basaksehir district provide various options and spaces at medium and acceptable prices, in addition to the abundant rental income and profit as a result of the mega projects and recreational facilities in the Basaksehir district. 

Panorama Authority advises investing in the famous Basaksehir area for its abundant investment opportunities, and its promising future, not to mention the abundant parks that give comfort and tranquility to every dreamer of a quiet stay. 

Sources: Basaksehir Municipality, Knut Properties, Turk Press 

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 Tips to help you avoid Scamming.

Nowadays, getting an important investment in Turkey is the only thing Arab investors are thinking about. 

How do foreign investors avoid scamming? 

Real estate scamming is now more professional and you may find some advertisements on TV. Those people play with a lot of people’s dreams in owning real estate with less expenses. 

How to avoid real estate scamming in Turkey: 

First of all, asking about the title deed: when you want to buy an apartment in a normal building, which is mainly located outside the projects and residences, you should go to the title deed department and make sure of this building property, and inherent series in case this property was owned through inherits, same way applies on buying lands. 

Secondly, taxes and expenses: We often come across real estate with cheap prices and we don’t ask about details unless we fall victims to scammers. We, in Panorama Property, make sure that our customers consider looking at the tax statutes whether it was paid or this property was reserved for late payment of taxes. All these details and more are offered by our legal office as a free service for everyone who wants to reach for our services. Always remember, before you take any steps towards your dream apartment, you should use governmental centers as your first reference because only then, you will discover all the facts. 

Moreover, property descriptions: Do the details mentioned in the advertisement match with the ones in reality? We always remind our customers to consider matching the details mentioned in the paper to be identical to the ones in reality, and the only way to assure that is by paying projects actual visits and have a closer and more direct look at all the details, including the apartment size, floor number, and view. 

In addition, paying through bank transactions: Using the bank transactions that demand mentioning the reason behind making transactions. For instance, buying a specific property from a specific company. If the owner bought that property using a payment plan, then specifying the property is crucial. This type of bank transaction is a reliable way to prove your ownership of this property and to protect yourself from any future scammers. We, in Panorama Property, advise you to always use bank transactions as a payment method when buying any property in Turkey. 

Plus, documenting your buying process legally: The purchase process is considered to be the most important stage in owning any property as it is the stage where you get to pay actual money in exchange for this property. And in the purchase contract, there will be some points that will require a legal expert to fully understand, which needs a professional company with an experienced legal team that will go through all contract details and guide you for the best. 

It is preferred that the purchase contract contains a lot of important information, such as the buyer’s and the seller’s full name, the national ID number, the full mail address, and detailed information about the real estate to buy whether it is a flat or a piece of land. 

Besides, the history of the construction company to buy from is very important; as soon as you do a simple research, you find out whether or not the company is broke and you will also find out whether or not it delivers the projects on time or after. 

Furthermore, listen to your heart: We always see in the advertisements that some companies sell real estate at cheap prices or they offer unbelievable payment plans compared with the other companies in the same area. Here, you should ask yourself about the reason before you take any steps. 

Finally, do not buy real estate when you are under pressure. You should always take your time, do some research, and do not rush. You have worked so hard to make money so think a thousand times. Do not let the price of the real estate attract you if the broker offers you a cheap price. Ask him and ask yourself about the reason behind that because there are a lot of scam stories. Do not be of them. 

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 Why should I Buy Real Estate in Turkey?

If we go deep in the idea of real estate investment, we find it a successful idea, but it requires a lot of research, patience, and commitment. If all that went well, it will definitely be a profitable trip. 

Real estate investment represents a sustainable resource despite the market fluctuation. It also provides a sustainable income, and there is no way it can decrease. 

Nowadays, we have a lot of choices as the real estate market in Istanbul is one of the largest and most active markets in the world, so it will be hard to choose the real estate that gets you the highest return. 

The investor’s main goal of the whole idea of real estate investment is making a profit, so a deep study must be conducted. 

Is Investing in the Turkish Real Estate Market Reliable? 

Investment resourceful people know that real estate investment is the safest choice for those who want to increase their wealth because the real estate prices increase stably and it is impossible they go down. Whoever looked at the real estate stock market in Turkey realizes that the prices increased despite the COVID-19 Pandemic and they never sent down. 

Turkey has a variety of geographic structures divided into 81 stages, each one has its own geographic structure and details. Istanbul is the first and best destination to invest in Turkey. 

Istanbul is the capital of the world (as Napoleon called it) and one of the most beautiful cities. How can’t it be when it centers on two continents: Asia and Europe! With a central location on the Marmara Sea and the Black Sea, Istanbul has one of the best locations in the world. It was also one of the most civilized cities in Turkey and the world as the infrastructure has been improved, bridges have been built, the largest hospital and airport have been built in Istanbul as well. As for the real estate sector, hundreds of modern projects have been built so it became the investor’s first destination in the middle east, even better than Dubai. 

Real Estate Investment Characteristics in turkey: 

– real estate investment is a safe resort for lots of investors, especially with the fluctuation of the Turkish Lira in front of the US Dollar. 

The solution was to buy a real estate with a continuously increasing real estate value, Panorama Property’s clients have taken advantage of the exchange rate, and we directed them to buy suitable real estate. 

– The privileges that the Turkish Government granted to the foreign real estate investors made life so easy for them because now, they can get a real estate residency permit and even obtain Turkish citizenship if they match certain requirements. Such made the Turkish citizens and the foreign ones equal. 

– Turkey is the destination of a lot of Arab investors who want to invest and live in Turkey at the same time. Besides, The Turkish Government has decided to build more neighborhoods with modern projects. 

– The high population in Istanbul made any real estate a target to rent in the city. Istanbul’s being an industrial city and a center of work and studying made it easy to find tenants. 

– Constructing large projects, transportation system development, having the largest hospital and one of the world’s largest airports also made Turkey a destination for investors. 

– The Arab Community that lives in Istanbul is huge and it established many projects so one doesn’t feel homesick. 

Despite the big increase in the real estate prices in Istanbul recently, experts have stressed that the real estate market is going to be increasing. 

Of course, one of the most important factors that recovered the real estate market in Turkey is the e-marketing which has spread out all over the world recently. 

Experts said that the share of the digital real estate market is enormously increasing, this is why buying and selling is increasing in this sector. 

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Obtaining the Turkish Citizenship

الحصول على الجنسية التركية

 During the last ten years, Turkey has witnessed a noticeable development in so many ways, and it became a dream for everyone and every family who wants to live a stable and a luxurious life. In order to make that easier, the Republic of Turkey has stated some laws to ease the way for those people who want to get the Turkish citizenship. One of the most important and easiest ways to get the Turkish citizenship is buying real estate in Turkey. 

What are the laws sated by the Republic of Turkey to obtain the citizenship? 

1. Hiring 50 Turkish citizen in your own company. 

2. A 500K USD cash deposit in a Turkish bank for three years. 

3. Buying real estate with at least 250K USD. 

Since real estate is considered to be a successful and a secured investment. Because Turkey is witnessing a development in the real estate sector, investors went to get the Turkish citizenship by buying real estate with 250K USD. Here are the steps of getting the Turkish citizenship by purchasing real estate in Turkey. 

1. The appropriate real estate should be chosen, that is; it should be suitable for the client’s demand. Plus, it is very important to choose a real estate that matches the citizenship requirements stated by the Turkish government, as it has to be owned by a Turkish citizen or a Turkish company. It also has to be registered in the title deed. Moreover, the real estate to buy should be evaluated by an official specialized company hired by the Turkish government, and it has to be worth more than 250K USD. 

2. After making sure that the real estate to buy matches the previous requirements, the money should only be transferred from the client’s bank account whether from a Turkish or a foreign bank. It is important that when transferring the money, the client should explain that the goal of purchasing the real estate is to obtain the Turkish citizenship. 

3. A power of attorney should be ready for the purchase process, issuing the title deed, and applying for the Turkish Citizenship. 

The powers of attorney are as follows: 

  • A purchase power of attorney to sign and issue the title deed (If the client is outside Turkey and the purchase process has to be remotely done). 
  • • A power of attorney for the husband/wife in order to follow up with the citizenship application. (If the client is single, the power of attorney should be for him only) 

Note: 

Powers of attorney should be specific; the lawyer cannot do anything other than what’s written in it. 

4. After issuing the title deed, the attorney starts with the citizenship procedures, which are: 

• The husband/wife’s birth certificate along with the other family members that are aged under 18. 

• A marriage statement (If the client is single, a bachelorhood statement should be provided). 

• Nationality proof document (Some countries don’t mention the nationality in the passport, but if it is mentioned, then there is no need for it). 

5. Then, the lawyer submits an application for an (investor residency permit), then the citizenship application is submitted. 

Follow up can be done using the application code as the citizenship process has eight phases, the following points demonstrate the citizenship procedures with the estimated time each phase normally takes. 

1. The application is submitted on the system (5 – 8 days). 

2. The file is sent to the immigration department’s general directorate (5 – 8 days). 

3. The immigration department’s general directorate receives the file, then an initial check is conducted (7 – 10 days). 

4. A detailed security check is conducted (20 days to 5 months). 

5. The file is pended for approval to be transferred to the Council of Ministers (10 – 30 days). 

6. Approval comes and the file is sent for the final decision (5 – 10days). 

7. The applicant should check with the department that he applied at to inquire about the result of the application. (7 – 15 days). 

8. The client receives the result of the application (7 – 15 Days). 

The Turkish citizenship usually takes two to eight months, and the ID card can only be received either from inside Turkey or from the Turkish embassy in the client’s country. 

Note: All the powers of attorney or the required documents for buying a real estate and applying for the citizenship should be Certified and stamped by the Ministry of Foreign Affairs of the applicant’s home country. If the applicant is from a country of those that signed on The Hague agreement, then it’s enough to have the Apostille stamp. 

In the upcoming article, we will talk more about how the real estate is evaluated for the citizenship purposes, and how you can own more than one real estate to get it too. 

For more information about the legal details mentioned in this article, you can directly contact our consultants by calling our offices which are open to assist you.