Advantages of buying land in Turkey

Created: 2021-08-13
Last Updated: 2024-04-27
Views: 2920

Content Index

Advantages of buying land in Turkey:
What are the conditions that should be met when buying land in Turkey by foreigners:
Favorite places to buy land in Turkey:
Is it possible to obtain Turkish citizenship by purchasing a land?
Important tips to note:

The real estate market in Turkey includes many options that suit all tastes and financial capabilities, and this is the reason that encourages Arab and foreign investors to invest in real estate in Turkey. Villas and farms, in addition to cheap real estate such as studio apartments, and for those who want to be distinguished and dream of building a property according to their own mood, they can buy land in Turkey.. What are the advantages of investing in Turkey's land? And what information should be known in this regard? Stay with us for more details.

Advantages of buying land in Turkey:

1- Low prices: The most important feature that attracts investors to buy land in Turkey is the low price of these lands, especially when compared with the prices of ready-made properties in Turkey.
2- Turkey’s richness in land: Turkey’s distinctive nature and its vast areas had a great and important role in the spread of this type of investment, as there are many options available to you in different areas and locations.
3- Opening the field for creativity and imagination: Your purchase of land in Turkey opens the way for you to choose the property you want to build with the design that suits you, as there is no room for creativity. You can build a villa in Turkey, or a mall or even a restaurant, of course, if you have a residential plot.
4- The many uses: Buying land in Turkey means taking advantage of it in many ways, as it is possible to cultivate this land in the event of fertile soil and enter the world of agricultural investment, and you can also use it to raise animals of all kinds and certainly you can build A real estate project, such as a residential complex, and then offering apartments for sale.

What are the conditions that should be met when buying land in Turkey by foreigners:

There are some laws and regulations regarding foreign ownership of land in Turkey, which are:
1- The land should not be located in an area close to the military barracks, as foreigners are not allowed to buy it.
2- When buying agricultural land in Turkey, it is not permissible for a period of two years to pass without establishing an agricultural project on this land.
3- The area of land owned by a foreign person in an area should not exceed 10 percent of the area’s total area.
4- If the investor purchases agricultural land, the area of this land should not exceed 300,000 square meters.

Favorite places to buy land in Turkey:

When asking real estate specialists and experts, it was found that the best areas to buy land now are the cities near Istanbul, which are witnessing expansion, and by this we mean: Edirne and Tekirdag.
Also, the Asian Istanbul is a suitable place to buy agricultural land due to its picturesque nature.

Is it possible to obtain Turkish citizenship by purchasing a land?

Yes, of course it is possible, as Turkish laws provide for the possibility of obtaining Turkish citizenship by purchasing a property, whatever its form, and this applies to lands as well, as it is important to fulfill the basic conditions, which is that its price be at least 250 thousand US dollars, and attention should be paid to Recording this price on the sale deed, as some land owners resort to recording low prices to reduce taxes and evade additional costs.

Important tips to note:

Before buying land in Turkey, you must specify the purpose of it. If you want to enter the world of agricultural investment, the soil must be examined by experts to ensure that it is valid and fertile, and if you want to build a real estate project on it, you must pay attention to the type of title deed that you carry because if it is Own an agricultural title, then it is not possible to build any type of real estate on it.

#apartments #istanbul #turkish_citizinship

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