Navigating Regulations: A Foreign Investor’s Guide to Turkish Land Ownership
Turkish land ownership for foreign investors
Most agencies market mass residential projects because they focus on easy presentations and a fixed commission in the end. Our focus is your needs and if you are after land investment, we should give you all information you need. In summary, the most important requirements for Turkish land ownership is to start a project on the land you have bought with the next two years. For an agricultural land, you need to register as a farmer, and create a project as to what you will produce and how you plan to evaluate your harvest. For a zoned land, you need to first license a project and start construction before the end of the 24 months.
If you could not find the opportunity or funds to complete the projects mentioned above, then we need to sell your land before the 24 months expire. Of course, in 24 months you will most certainly be making a decent profit.
How we help you boost your investment
We have sold many land options to domestic investors and their requirements are not much different to yours. The only difference is, Turkish Land owners do not have to register for a 2 year project. Our services which will help you boost your investment are listed below.
- Raw land can gain value as it sits, however with our dynamic investment model, you can grow the per square metre price of your land significantly over a short time period. Dynamic investment can be from bringing road, water or electricity to your land, or fully changing it to a great plot for your or the buyer’s dream home location. Cost varies from 10% of your initial investment up to 30%, however it almost never passes 25%.
- Land plots with residential permit are different to agricultural land. They cost way more in price, however with further investment you can get decent profits over 12 to 18 months from a project we will develop for you. After your 40% down payment, the design and licensing of the project takes just a few weeks. Later, just within 8 weeks we will be ready to start the project. Your first instalment will be due on the first of the month after the next. I.e. if the construction begins on the 17th of January, your first instalment will be due on the 1st of March.
We require a POA from you so we can run the project on your behalf. Turkish Land ownership is easy with our A-Z buying and after sales services.
We are looking forward to hearing from you soon.