Doha: Just Real Estate (JRE), Qatar’s leading property service provider, has boosted its already significant Turkish portfolio by signing to represent the new mega mixed-use development Lifestyle City being built within striking distance of Istanbul and the popular Bosphorus coast.
The signing comes as the appeal of the Turkish property investment landscape continues unabated despite the COVID pandemic.
“This is an exciting opportunity to get in on the ground floor of one of the most ambitious projects ever to come to fruition in Turkey,” said JRE Chairman, Eng. Nasser Hassan Al Ansari.
“The Turkish real estate sector is holding up well with the official Anadolu Agency reporting that in the first half of this year over a million properties were sold in the country with almost two thirds being residential. And with low interest rate being offered on many properties which are in high rental demand from resurgent domestic tourism industry and an international tourism sector set for a rapid rebound, the prospects for attractive and sustained yields are high,” he said.
The new lifestyle city will comprise a range of superb architecturally designed homes supported by a mixed-use community which also features offices, a five-star contemporary hotel, shopping centre and a distinctive shopping avenue which will house some of the world’s and the region’s leading brands.
The city will be dotted with swimming pools, entertainment venues, communal squares and gardens, hiking trails and all within 15 minutes’ drive from the international airport and close to all the main universities, performance, and arts centres as well as sports halls. Restaurants and cafes will infuse the project’s lifestyle transforming it into a must-visit culinary destination.
