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Discover promising opportunities through land investment in Turkey
Turkey has become by far a highly demanded destination for investors from several nationalities who seek to diversify their portfolios and sources of income. Apart from investing in real estate, land investment is another option that can be very profitable long term.
This may seem complicated and even considered a dubious investment. However, it can be all the opposite of what you think. If you choose the right opportunity, you will be surprised by the earnings you can gain from such an investment in Turkey.
Why invest in land in Turkey?
There are many reasons why foreign investors buy lands in Turkey. The number of land sales is continually increasing in the past 5 years. Here are the main advantages of land investment in Turkey that motivate every investor who is seeking a growing return on investment.
The limited supply
Lands are by nature a limited supply which makes them valuable assets whose value is continually increasing. Thus, the demand for land is constantly growing to satisfy the need to produce real estate units along with the population growth.
The affordable prices
Compared to residential properties, land prices are much more affordable while their demand keeps growing. The taxes for land are also lower than for residential properties.
The various uses
If you invest in land in a good location in Turkey, you can do plenty of things including:
- Leasing your land for farmers
- Using your land as a parking lot
- Leasing your land for commercial purposes such as retail stores, office buildings…
- Using your land for industrial purposes such as warehouses, logistics spaces…
If the area of the land is big enough, you can even mix up many uses at the same time.
The increasing value
Lands’ value tends to appreciate over time which makes them the right choice for you if you’re looking for a low-risk and long-term investment.
The protection from inflation
If you fear that your income will drop due to inflation, you should not worry at all while investing in land in Turkey. If living costs increase, the land value will grow as well.
The Turkish citizenship by land investment
If you invest in land with a value that meets the threshold fixed by the government, you can apply for citizenship through an investment program in Turkey.
Maximize your return on investment with our partner Emlakjet
Whether you’re an investor looking for the best opportunity on the real estate market, or an owner looking to sell or rent your property, Emlakjet gives you access to all the knowledge and expertise you need to maximize your return on investment.
Key elements to consider before investing in land in Turkey
Before proceeding with your land investment in Turkey, there are a few elements you need to consider to make sure you’ve chosen the right land in the right location with the right specifications. These elements include:
Due diligence
Before purchasing land, due diligence is essential to assess the history of the land, its location, current and future construction projects, and legal aspects
Zoning and regulations
To buy land in Turkey, you must make sure it’s not located in a military forbidden or security zone. Also, you must examine the regulations related to foreign investors and eventual restrictions in the country.
Market research
To make a profitable purchase, thorough market research is a must. This will help you evaluate the potential growth of the land to acquire.
Entrust your land investment in Turkey to Welcome Concierge
To purchase the right land with the appropriate characteristics and the correct price, you need to be assisted by professionals. At Welcome Concierge, we provide you with the technical and legal support you need to make a profitable land investment. Get in touch with us now to discuss the process of your land investment and how to maximize your long-term income.
