Flat 24

Flat 24 Basin Express offers modern home-office apartments near major malls and highways in Istanbul’s fast-growing business district.

Delivery Date

Ready

Location

Istanbul European, Mahmutbey

Price

255,000 usd

Payment

instalment

Introduction: Why Mahmutbey Is on Everyone’s Radar in 2026

In 2026, if you ask any savvy real estate investor or anyone looking to settle in Istanbul, one name keeps popping up: Mahmutbey.

Once a busy transportation junction and industrial zone, Mahmutbey has evolved into one of the most strategically valuable areas for housing, connectivity, and return on investment.

Its secret? Location, infrastructure, and timing.

Thanks to metro expansions, brand-new highways, and major development projects around Basın Ekspres, Mahmutbey is no longer a place people pass through — it’s a place they move to.

Affordable prices, increasing rental yields, new...

District Classification

Rating
A

Area map

Area Insights & Neighborhood Demographics

Population

25,180

Social Status

Married : 49%

Unmarried : 51%

area
2 Km2

District Property Price Trend (Last 5 Years)

1 Year Change

2.25%

3 Year Change

278%

5 Year Change

362.2%

Flat 24  Project Overview

  • The Flat 24 project is located on Basin Express in the European side of Istanbul, one of the fastest-growing real estate investment corridors in the city. Over the past decade, Basin Express has been strategically developed by the Turkish government to become Istanbul’s new commercial and business center, attracting international companies, hotels, residential developments, and large-scale commercial projects.
  • One of the strongest advantages of the location is the proximity to a metro line currently under development, which will significantly enhance accessibility and connectivity across Istanbul. Transportation infrastructure is one of the most important drivers of real estate value in the city, making projects located near metro lines highly attractive for both investors and residents.
  • The project is surrounded by some of the largest and most popular shopping destinations in Istanbul, including Mall of Istanbul and 212 Istanbul Power Outlet. These retail hubs not only offer lifestyle convenience for residents but also increase the overall commercial vitality of the district.
  • The area is also home to several international schools and private and public universities, making it a preferred location for professionals, students, and families. In addition, more than 16 international branded hotels operate in the Basin Express area, highlighting its importance as a business and tourism hub.
  • Flat 24 also benefits from its proximity to key economic centers such as the İstanbul Wholesale Market Complex (İSTOÇ) and Istanbul Expo Center. Furthermore, the project is strategically positioned between two of the most important highways in Istanbul, D‑100 Highway (E5) and O‑7 Motorway (E6), ensuring excellent connectivity across the city.
  • These factors collectively make Basin Express one of the most attractive areas for real estate investment in Istanbul.

Project Overview

  • Flat 24 is a modern residential development designed to combine contemporary urban living with strong investment potential.

The project is built on a 1,000 square meter land area and consists of:

  • 1 residential building
  • 18 floors
  • 352 residential units
  • 12 commercial shops
  • The design concept focuses on efficient urban living within a vibrant commercial district. With its compact yet functional layout, the project is well suited for investors seeking rental income as well as individuals looking for a modern city residence.
  • The presence of commercial shops within the building also enhances the project’s lifestyle appeal by providing convenient daily services and retail options.

Apartment Types & Functional Value

  • Flat 24 offers a range of apartment layouts designed to accommodate different lifestyles and investment strategies.

Available apartment types include:

  • Studio apartments (1+0)
  • 1+1 apartments
  • 2+1 apartments
  • 3+1 apartments
  • This diversity of layouts allows the project to attract a broad tenant and buyer profile.
  • Studio and 1+1 apartments are especially popular among investors because they are ideal for professionals and young residents working in the surrounding business districts.
  • 2+1 and 3+1 units provide more spacious living options suitable for families or long-term residents who want to live near major commercial centers.
  • An important advantage of the project is that the apartments are licensed as Home Office units, meaning they can legally be used for both residential and business purposes. This flexibility significantly increases their rental potential and investment appeal.

Architectural Design & Living Comfort

  • Flat 24 features a contemporary architectural design that reflects the modern character of the Basin Express district. The building incorporates high-quality construction materials and carefully designed interiors to ensure both durability and visual appeal.
  • The architecture focuses on functionality, making efficient use of available space while maintaining comfort and practicality for residents.
  • Because the project is located in an active business district, the design also supports home-office living, allowing residents to combine work and daily life in a single convenient environment.

Social Facilities as Value Drivers

  • The project offers a variety of services and facilities designed to meet the everyday needs of its residents.

These include:

  • Integrated building services
  • Security systems
  • Retail shops within the building
  • Essential residential amenities
  • Such facilities enhance the overall lifestyle experience and increase the attractiveness of the project for both tenants and buyers.
  • A well-equipped residential environment not only improves living quality but also contributes to stronger rental demand and long-term property value.

Construction Quality & Finishing Standards

  • Flat 24 is developed with modern construction techniques and quality finishing standards to ensure durability and long-term performance.

High construction standards play an important role in real estate investment because they influence:

  • building longevity
  • tenant satisfaction
  • maintenance costs
  • resale value
  • Projects that combine good location with reliable construction quality generally maintain stronger market value over time.

Investment & Capital Appreciation Analysis

  • Flat 24 benefits from several powerful investment drivers that support long-term capital growth.

Basin Express Development

  • Basin Express is being developed as Istanbul’s new business corridor, attracting corporate offices, hotels, and commercial developments.

Transportation Infrastructure

  • The area is positioned between two major highways and will soon benefit from a nearby metro station, significantly improving accessibility.

Commercial Environment

  • The presence of major shopping malls, hotels, and exhibition centers creates continuous economic activity in the area.

Strategic Positioning

  • Being close to major trade centers such as İSTOÇ and Istanbul Expo Center enhances the district’s economic importance.

Competitive Entry Point

  • Compared to older central districts, Basin Express still offers competitive property prices with strong future growth potential.

Rental Income Potential

  • Flat 24 offers strong rental income potential due to its location within one of Istanbul’s main commercial corridors.

Rental Demand Drivers

Demand is expected to come from:

  • professionals working in nearby business centers
  • employees in the surrounding hotels and offices
  • students from nearby universities
  • expatriates and international workers

Tenant Profile

  • Typical tenants may include young professionals, business travelers, corporate employees, and small business owners.

Long-Term Rental Opportunity

  • Home-office licensing increases flexibility and allows units to attract both residential tenants and business users.

Short-Term Rental Potential

  • Due to the presence of hotels, exhibition centers, and commercial hubs nearby, the project may also benefit from short-term rental demand.

Payment Plan

  • No official payment plan details have been provided.

Price Table

  • No official price list has been provided.
    Note: Property prices may change at any time depending on developer policy and market conditions.

Flat 24  Distances to Key Landmarks & Transport

location
School

1 Km

location
City Center

15 Km

location
Mall

1 Km

location
University

2 Km

location
Hospital

2 Km

location
Bus

200 m

location
Istanbul Airport

20 Km

location
E-5

2 Km

Price List & Payment Plan  Flat 24

instalment
Number of rooms Min Space Min Price
1 + 1 roi
64 m² 255,000 usd
1 + 1.5 roi
68 m² 250,000 usd
2 + 1 roi
84 m² 344,000 usd
3 + 1 roi
146 m² 475,000 usd
Last update 14-03-2026
35% Down Payment

Monthly Payment For 24 Month .

50% Down Payment

Monthly Payment For 24 Month .

Why Buy in Flat 24

  • Strategic location on Basin Express business corridor
    The area is emerging as one of the most important commercial and investment zones in Istanbul.
  • Proximity to major shopping malls
    Mall of Istanbul and 212 Outlet provide lifestyle convenience and commercial activity.
  • Future metro connectivity
    The upcoming metro line will significantly enhance accessibility and property value.
  • Home office licensing advantage
    Units can be used both as residences and offices, increasing rental flexibility.
  • Strong surrounding infrastructure
    The presence of hotels, universities, and trade centers creates constant demand for housing.
  • Strategic access to major highways
    Being located between the E5 and TEM highways ensures fast connectivity across Istanbul.
  • Modern residential concept
    The project offers contemporary apartments designed for urban living.
  • High rental demand potential
    Professionals and business travelers in the district provide a consistent tenant base.
  • Growing commercial district
    Basin Express continues to attract large investments and international companies.
  • Smart investment opportunity
    Combining location, infrastructure, and flexible usage makes Flat 24 a strong real estate investment in Istanbul.

Amenities & Facilities at Flat 24

why project
Security
why project
Sauna
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Green Area
why project
Parking
why project
Restaurant
why project
Turkish Bath
why project
Indoor pool
why project
cafe
why project
Gym

Flat 24  Location

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