Here are the advantages of buying land in Turkey
Last Updated: 2023-07-27Advantages of buying land in Turkey
There are many types of real estate in Turkey, and each type of real estate is an investment field in itself that is completely different from other types. Among those types of real estate investment, we have "land" in Turkey, which is witnessing a great demand from foreign investors, especially Arabs. The following article will give us many details regarding the land investment project in Turkey with its most important features.
What are the most important advantages of buying Turkish land in order to be an investment?
Land investment in Turkey is always successful:
This type of investment in Turkey is considered one of the very successful types. It cannot be a loser unless the project is not built on the right foundations. But at the same time, you should know that the investor will not reap the profits from this project immediately, but rather he must wait for a long period of time to be able to reap some profits, as the matter requires long patience and good experience. The factor that makes this type of real estate investment successful is that society needs any product that this land may produce, especially with a country like Turkey that seeks in various ways to be self-sufficient.
Land prices in Turkey are very high:
Perhaps this factor is one of the things that encouraged real estate investors to choose Turkey for their investment project because there is no specific limit that you can stop at. With each passing year, land prices jump. What motivates them more is that there are some sites that have increased over the past years by a thousand percent . They are well aware that after purchasing these lands, money will be poured upon them, whether they invest it themselves or lease it to other people because the rent is also high, or the owner wants to sell it after a period of buying it, all options will lead to abundant profit.
Ease of exporting outside the Turkish borders:
You should be aware of this. When the investor chooses agricultural land in order to invest through it, this means that he chooses the most suitable places for the land for such a project. If the owner wants to export his land products outside the country, this will be very possible and in the simplest ways as well because Turkey’s relationship with many countries is very good, the investor will not find an obstacle in this issue.
A successful economy that will lead to a successful investment:
Of course, the economic factor is a very important factor. If it is successful, the investment will be successful, and Turkey does not lack this, as its economy is characterized by being rapidly developing and stable. Turkey's domestic product has more than tripled since 2002, and Turkey ranks thirteenth among the largest economies in the world, and is seeking to enter the top ten club. When the investor realizes that his investment will be in such a land and its characteristics, he will certainly not think twice before taking such a step that guarantees him success.
The facilities that will be obtained by the land contingents in Turkey:
The issue was really attractive so that Turkey was a suitable place for investing land. The investor usually suffers the most from the issue of taxes, as they take a large part of his profits, but Turkey decided to remove such an obstacle from their way, so it chose to reduce taxes for them and make them easy, in opponent with many of the other world countries and thus Turkey became the investors' choice.
Although it is far from the city center, it has many services:
Turkey did not neglect the issue of lands, as it is like all lands in the world far from the city center, but at the same time it is not difficult to reach it because the government in Turkey was keen to provide transportation lines to it, so you can go to and from it simply without getting tired and spending a lot of time, in addition to being surrounded by everything you could possibly need.
There are two types of land ownership in Turkey, so what are they?
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The first type of land that you will find in Turkey for investment is outside the municipality’s organization and outside its plans. In its general structure you will see it surrounded by houses, trees, etc. It is suitable for agriculture and for raising livestock.
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As for the other type of land in Turkey, it is completely opposite to the first, as it is included in the municipal plans, as it is responsible for all its details. And this type is suitable to be built; building a complex on it or any type of buildings. The two types are excellent and demanded by investors, so there is no preference for one of these types over the other.
Edited by Mersat Real Estate ©
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