How can lands be invested in Turkey?

Turkey has succeeded in occupying an advanced position among the major countries in all areas of life, helped by its distinctive geographical position between the two most important continents in the world, namely Asia and Europe, as it became the main link between the East and the West, which gave it additional advantages that it was able to exploit. The best way to achieve its goals and advance its reality was the great economic renaissance and the resulting prosperity in the political, economic and cultural fields as well. Perhaps the most affected area is the real estate sector in Turkey, which played a major role in preserving the Turkish economy and preventing it from deteriorating and was able to It attracts a large number of investors from a dog around the world with the aim of buying real estate in Turkey and taking advantage of all the advantages and facilities provided by the Turkish government to the foreign investor, for example the Turkish citizenship law for those who invest in real estate in Turkey with a certain amount of money and this is what contributed to the spread Real estate projects are large and remarkable in all parts of the country. We also notice an increase in the purchase of land by investors, but how do we benefit from buying land and what are the ways to invest it?

All this and more, we will learn about it today in our article, where we will detail the investment of lands in Turkey, so follow with us and let's start ...

The law of foreign ownership of lands in Turkey:

It was strictly forbidden for foreigners who do not hold Turkish citizenship to purchase land in Turkey until 2012, but later amendments were issued to this law through which foreign investors were given the opportunity to buy lands in Turkey, but on condition that their area does not exceed 30 hectares. The foreign investor does not own more than 10% of the area of ​​the city in which he purchased the land. It is also necessary that the foreign investor does not purchase lands located near military points and barracks for Turkish soldiers.

And also one of the basic conditions for the buyer to establish a project on this land within a maximum time of two years from the date of purchase, otherwise the ownership is transferred, and it is necessary for the sale and purchase to take place in government buildings to ensure its legality and in the event of a desire to purchase land in order to obtain Turkish citizenship The price of the land or group of lands purchased must be more than 250 thousand dollars or its equivalent in Turkish currency.

 

Best cities to buy land in Turkey:

Istanbul:

Istanbul is considered one of the most suitable cities for buying land in Turkey and establishing investment projects on it. Perhaps the most important areas in Istanbul that attract investors are: Arnavutkoy, Kayashehir, Çekmeceöy and other areas near it.

The reason for choosing these areas is precisely due to the heavy presence of various means of transport to and from the regions as well as other services available from government centers, marketing and entertainment centers, parks and much more, which raises the investment value of the region and of the real estate projects that are established In which .

 

Ankara:

It is known that the city of Ankara is the main capital of the country and is spread in it all the offices and basic government centers, which gives it a great value, and the investment of lands in the city of Ankara is an ideal option, especially in areas such as Kaya Gan and Oran, and this is due to the proximity of these two The two areas are one of the most important service centers in the city, and we do not forget the neighborhoods that overlook them, such as Mustafa Kemal neighborhood and Al Rabeeh district, which guarantees the success of investments there. There is no doubt that the great progress that the capital is witnessing in the field of education, teaching and medicine attracts many people to take it A location for stability and this increases the value of real estate investments in Ankara.

 

Izmir:

The city of Izmir is considered one of the most important tourist cities in Turkey and it attracts on a daily basis a large number of tourists to enjoy its beautiful scenery and its calm and pleasant climate, and this is definitely the secret of interest in it and the establishment of investment projects on its lands, and perhaps the most important areas in which lands can be invested in the city of Izmir are The beautiful Bornova and Bayrakli region, which foreign investors have been rushing to, to establish the projects they desire, and Izmir is characterized by many things besides tourism, as it has many places concerned with entertainment and centers for services of health, education and much more, which guarantees success Investments in it.

 

• How can lands be invested in Turkey?

When the investor purchases a land in Turkey within a strategic central location in any city, he will thus ensure the increase in its investment value over time, and one of the most important projects that can be established on the land is building shopping centers and entertainment places, and health centers can also be established and contracted with The best doctors, and we do not forget that a real estate for the investor or a villa can be built, for example, to live in it, and even a residential complex can be established in Turkey equipped with the best services, and thus it can make the land a constant source of income that generates abundant profits permanently and thus we see that real estate investment in Turkey is considered One of the most successful investments and the most money-generating.