Land investing in Turkey is more profitable than buying residence or home. Turkey is growing very fastly and the metropolitan cities are taking the lead in this growth. Istanbul, Ankara, Izmir, Bursa, Denizli, Konya, Kayseri, Antalya, Kocaeli, Samsun, Adana, Mersin, Gaziantep are main metropolitan cities and middle-scale strategic cities such as Tekirdağ, Kırklareli, Çanakkale, Sakarya, Ordu, Aydın, Muğla, Balıkesir, Eskişehir are coming after the metropolitan cities.
Turkish real estate market is very different than other countries and knowing the checkpoints, project locations and indications bring more than 20% profit per year, sometimes double, triple or more in a few years. To catch these profit rates, there are important points to achieve the goal. Making the land investments with competitive prices, cheaper prices than regional prices are the first step of right investments. To have detailed information about the regions, cities and their average prices, you can ask us any time. We welcome to tell what we know in Turkish Real Estate market for lands especially.
What are Important & Unique Points on Land Investment in Turkey?
1. To maximize the land investment profit, you need to make a timing for waiting and selling back. For foreigners, waiting too long is not possible because government obligates to start a project by applying for project within 2 years. If the investor wants to wait more than 5 years, there are some ways to pass these project obligations. For farmlands, planting a tree and appliying as agricultural activity. Remember that, the most profit rates for lands in Turkey come after the emar studies from the municipality. When the municipality complete the studies and published it, the prices increase suddenly 60-100%.
2. To make a right land investment and maximize the profit return, you need to check the projects and studies. Especially pre-announced projects and ongoing studies will bring higher profits in the area. As a sample, the location which is 3rd airport is builded, before the project announcing, the prices were 300% lower than the present prices. It has been 3 years the government published the 3rd airport project. Tracking and having important tips from the governmental officers bring higher profits. In this case, we have very good connections and we can inform you for these kind of investment locations.
3. Checking and tracking the big real estate & construction companies activities and governmental housing company named TOKI’s activities is very important. If they start to make an investment ina huge amount, you can expect that there will be important announcements within next 10 years.
4. Istanbul is not the only city will bring you more profit. Istanbul is very expensive comparing with other cities in Turkey. To have higher profits with small amount of investment, you need to be open for other cities in Anatolia, eastern or western side of Turkey. Turkey has population and living cities in whole country. Even a small town, you can find schools, hospitals, banks, infrustructure and telecominication systems. If you are open for other cities for investment, you will get higher investments.
5. Land investment in Turkey never ever failed or lost profits. Even the hardest time and crises times, land prices were getting higher and higher. For this occasion, if you find a good price land in Turkey, it is beter to act faster. Thinking time is very important. Turkish investors dont wait and buy the cheaper price lands without hesitating. You will never lose if you wait 2 years for the lands if it is in promising area.
6. For doing active business such as construction, agriculture, farming, animal breeding, other cities of Turkey will be more profitable for small and middle size investors. Istanbul is profitable place for sharks and bigger investors. Having a small amount is no value in Istanbul. Before taking a decision to invest in Turkey, you need to open your mind to be available to invest in other cities of Turkey.