How to Make the Right Plot Investment?
Buying and selling options for real estate in Turkey are among the most researched topics by those who want to benefit from the opportunities of Turkey's development and yet plan to invest in Turkey. While the majority of real estate sales in Turkey are buying and selling apartments, land investments also feature prominently. The plots, which are among the easiest to sell real estate in Turkey, can be sold in a short period of time. This means that foreign investors who are considering buying land should act quickly and complete the purchase process quickly.
There are several difficulties ahead of those considering buying land in Turkey. The fact that foreign investors are prepared for these difficulties prevents possible troubles and problems and prevents the investor from being disappointed. As 2 Clicks, we have prepared a guide for those who are considering investing in land in Turkey. If you are also considering buying land in Turkey, you can get detailed information about land market in Turkey by checking the content we have prepared.
Advertisements for Plot for sale can mislead investors
Country adverts on many websites in Turkey are outdated. This may mean that the plots have previously been sold and not demolished. In order to avoid such situations, it is important for foreign investors to contact the seller or brokerage company regarding the listing and to inquire whether the land sale is still current.
IT IS NECESSARY TO HURRY IN LAND SALES
Plot sales are selling very quickly these days. It takes time for foreign investors to get their money abroad and bring the money from abroad to Turkey. There is the possibility that the property will be acquired by another investor. Because of this, the purchase of the particular plot of land requires a deposit to be paid or the money brought to Turkey before reaching the agreement stage.
BEWARE OF PROPERTY OWNERS
In Turkey it is difficult to agree with landlords to pay part of the money and pay the rest later. After the deed application is made, some landlords try to find a way to negotiate with the person offering a higher price than the person they made the initial agreement with. This situation causes problems with the first contracted person. Because of this, it is important for people buying land to be cautious in such situations.
CONTINUOUS INCREASE IN PRICE COULD HAVE A DIFFICULT FACT FOR INVESTORS
Plot purchases and sales can be conducted by one or more companies in any region of the world. Because of this, it is almost impossible for a person to find the genuine land seller. Having more than one agent in sales also means that the price is constantly increasing. Foreign investors should also be prepared for such situations.
RECOMMENDATIONS OF 2 CLICKS TO FOREIGN PROPERTY BUYERS
If you, as a foreign investor, are considering buying land in Turkey, you must first sign a contract with a reliable real estate company. These real estate companies will inform you regularly about new property prices. This process ensures that people can buy land at more affordable prices.
If you keep your money outside of Turkey, you need to get your money back to Turkey quickly so you don't turn down and miss a land opportunity. As the real estate market changes rapidly, it is possible to miss an important opportunity because your money is abroad. For this reason, it is important to have the money in a bank that operates in Turkey as soon as possible.
The formation of an investment company in Turkey by foreign investors who are considering buying a land title allows for faster execution of transactions.
IT IS POSSIBLE TO OBTAIN CITIZENSHIP BY BUYING PLOT IN TURKEY
The status of obtaining Turkish citizenship in exchange for a $1 million investment in Turkey has been reduced to $250,000 with the latest regulation. This situation has also proved to be an incentive for those considering investing in Turkey. Individuals investing $250,000 in Turkey, their spouses and children under the age of 18 are eligible for citizenship of the Republic of Turkey. People investing in Turkey have to pay 250,000 dollars in a single investment or in the sum of many investments. These payments apply in many real estate properties such as apartment, workplace, building, land and land. Persons who make this payment can directly apply to become citizens of the Republic of Turkey. Persons who intend to become citizens of the Republic of Turkey are not allowed to sell the real estate they have acquired for 3 years. If these people sell the properties they bought 3 years ago, the citizenship of the Republic of Turkey will be annulled.
According to the latest research, among the citizens of the countries who have acquired citizenship of the Republic of Turkey by buying real estate in Turkey, Iranians rank first. The Iranians are followed by Iraqis, Russians, Afghans and Azeris.
People who acquire Turkish citizenship by buying property in Turkey mainly invest in Istanbul. Istanbul is followed by Antalya, Ankara, Bursa and Izmir. Those who invest $250,000 will grant Turkish citizenship to both their spouses and children under the age of 18.
HOW IS HOUSING BUILDING DONE IN TURKEY?
Property owners in Turkey can obtain various building permits for their property. These permits vary as high rise, low rise, commercial lots, partial commercial lots and residential lots. The prices of the buildings for sale vary depending on the size of the building. Therefore, investors calculate the sales area and set a price accordingly.
Foreigners considering buying land in Turkey cannot buy agricultural and rural areas. When foreign investors set up an investment company, they can build factories, power generation plants and agricultural industries. The permits for these investments are issued by the municipalities.
WITH 2 CLICKS WE ARE READY TO SERVE YOU
As 2 Clicks, one of the leading companies managing the property buying process in Turkey, we answer all the questions that foreigners have about the properties they want to buy in Turkey and we prevent potential problems. You can also contact us to benefit from the services we offer and after the meeting you can find answers to your questions.
Türkmen Mahallesi, Saçıkara Sokak, B-Block NO. 21 B, Kuşadası-Aydın, Turkey. You can reach our company based in Turkey on phone number +90 (544) 443 46 24 and quick call via WhatsApp. You can send an email to 2Clicks.io via [email protected] and get detailed information about our work.
Call now to buy and sell property in Turkey and take advantage of Turkey's development opportunities.
