Advantages and disadvantages of buying a property in the new urban expansion areas of Bursa
Many areas and suburbs of Bursa have turned into model cities after the new urban expansion processes, the establishment of luxury residential complexes and the construction of vital and service facilities. In this article from Ebla Real Estate, we will talk about the advantages and disadvantages of buying a property in the new urban expansion areas of Bursa.
New urban expansion in Bursa:
The new urban expansion in Bursa, Turkey, represents a significant and ongoing development effort aimed at accommodating the city’s growing population and fostering economic growth.
Bursa, located in northwestern Turkey, is the country’s fourth-largest city and has a rich historical and cultural heritage. As the city continues to attract residents and businesses, the need for expanded urban areas becomes increasingly apparent.
Therefore, we can notice urban expansion projects near the center of Bursa within the Osmangazi and Yildirim areas, or within the developing areas of upscale neighborhoods such as Nilufer. There are also new projects near the tourist and coastal areas such as Mudanya.
The construction of more luxury residential complexes in the new areas of Bursa was not just commercial projects that were built randomly, but was part of urbanization plans and organized urban expansion. This process aims to establish residential areas with advanced infrastructure by organizing roads and linking them to the main transportation nodes and providing service centers in the area.
Elements of the new urban expansion in Bursa:
Infrastructure Improvements:
To support the new urban expansion, significant investments are made in infrastructure. This involves the development of new roads, bridges, public transportation networks, utilities, in addition to other essential services. These improvements aim to enhance accessibility and connectivity within the city.
Residential Development:
The primary focus of the expansion is on creating new residential areas to accommodate Bursa’s burgeoning population. This includes the construction of various types of housing, from apartments and condominiums to single-family homes and villas.
Commercial and Recreational Spaces:
Alongside residential development, commercial centers, parks, and recreational areas are being created to enhance the overall living experience. These spaces aim to foster community engagement and leisure activities.
Economic Growth:
The expansion contributes to the city’s economic growth by attracting businesses and investments. This, in turn, creates employment opportunities and contributes to the overall prosperity of the region.
Advantages of buying a property in the new urban expansion areas in Bursa:
- Properties in new urban expansion areas often come at a lower price point compared to more established neighborhoods in the city center.
- Moreoevr, new expansion areas are designed with modern conveniences in mind. This includes improved transportation links, updated utility services, and access to commercial centers, parks, and recreational facilities.
- Furthermore, in many new expansion areas, properties may be newly constructed or under development.. Allowing buyers to customize their homes according to their preferences.
- New properties typically require fewer immediate repairs and maintenance compared to older homes.
- Additionally, new urban expansion areas often benefit from modern security measures and planning, contributing to a sense of safety and security for residents.
- There are various offers and options for all types of apartments and houses that suit all tastes and different financial capabilities.
- Investing in real estate in these areas, whether by renting or reselling, will surely bring you huge profits.
Disadvantages of buying a property in the new urban expansion areas in Bursa:
There are no negatives in the new areas of Bursa, as those terms literally suggest, which you can find in the old areas or crowded areas. However, there are some disadvantages, including:
- They are relatively far from the city center.
- Moreover, the main official and legal departments are located outside urban areas.
- They also are far from work centers.
Edited by: Ebla Group Real Estate
If you like the topic, do not forget to share it with your friends.
