Lands in Turkey are a unique opportunity for real estate investment. There are many types of them and each is characterized by certain details
In this article, we will discuss the types of land in Turkey and what it can offer to investors and travelers and so are you ready to explore the wonderful world of Turkish lands?
There are many types of land in Turkey, which can be seen in the following paragraphs:
Types of commercial lands in Turkey include commercial centers, companies, shops, commercial complexes, and warehouses, as commercial lands are vital and important lands for investment in Turkey, as they provide great profit opportunities through high financial returns.
In addition, the commercial lands in Turkey are characterized by modern and modern architectural designs and are located in strategic locations such as the city center and main streets and this leads to attracting more customers and visitors and thus increasing income.
As for industrial lands, they are characterized by their large areas and low prices, and they are used to establish factories, light factories, workshops, and warehouses, as it is located in the designated industrial zones of Turkey, and it will be a successful investment for those who want to invest in these industries.
Advantages: The agricultural land in Turkey is characterized by its fertile soil, and it is considered a good opportunity to invest in the agricultural sector, and good revenues can be obtained from it.
Disadvantages: Agricultural lands require great care and maintenance, and cannot be used for anything other than agriculture.
Advantages: Residential land is characterized by the possibility of building on it and building a house or apartment for housing, and it can be used for rent or sale at high prices.
Disadvantages: The price of residential land in Turkey is high compared to the price of agricultural land, and it takes good planning and a large financial investment to build the house.
Advantages: The lands designated for investment can be used in construction projects, and provide opportunities for obtaining very high revenues.
Disadvantages: Investment lands require huge and heavy projects, and require a large investment of money and time to achieve the desired profit.
1 - The investor must conduct a deep and detailed research about lands suitable for investment in Turkey, and information can be obtained through real estate brokers or Internet platforms.
2 - It is also necessary to study the state of the real estate market in Turkey and predict future changes, as local economic and development experts can be sought.
3- Lands that provide investment opportunities, such as the development of residential, industrial, commercial or agricultural projects, must be considered.
4- Different methods of financing should be sought, such as real estate loans or joint investment between investors.
5- The laws and regulations that regulate investment in land in Turkey must be adhered to, as information can be obtained through the competent government agencies.
6- Possible risks in investing in land must be assessed, such as political, economic or natural changes that could affect the value of the land.
7- A clear plan of action must be defined to obtain the maximum possible return on investment in lands, and to set the appropriate path to achieve the desired goals.
1- Obtaining the tax number of the person who wants to buy, by going to the private tax office in the area where the land is to be purchased.
2- Ensure that the land to be purchased is valid and what it is, if it is agricultural, residential, or otherwise, through the real estate registry in its area and the municipality of the area.
3- Preparing the land purchase contract in Turkish.
4- Paying the amount of the land agreed upon between the two parties, through bank transfer or cash payment at the real estate office, while keeping the payment receipt.
5- Registering the land purchase contract in the Land Registry and the Real Estate Department, and transferring the ownership of the land in the name of the buyer, after paying the required fees
Many factors may affect land prices in Turkey, the most important of which are: geographical location, land area, services available in the area, and real estate appraisal, as one may find some areas in Turkey considered low priced.
Investing in lands, both agricultural and residential, is considered one of the best types of real estate investments in Turkey, in addition to the presence of parts of it in the continent of Europe and other parts in the continent of Asia, and the advantage of having large agricultural areas with fertile soil, abundant water, and a suitable climate for growing various types of crops and fruits.
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