Buy Land in Turkey

Are you considering Buy land in Turkey? Whether you’re looking for a vacation property, an investment opportunity, or a place to build your dream home, buy land in Turkey can be an exciting venture. However this blog we will discuss with you

• Land price in Turkey
• Buy Land in Istanbul
• Can foreigner buy land in Turkey?
• Cheapest Land in Turkey

However, it’s crucial to be well-informed before making such a significant decision. In this article, we will provide you with essential tips that will guide you through the process of buy land in Turkey, ensuring a smooth and successful experience.

Land Price in Turkey

Land prices in Turkey can vary significantly based on factors such as location, size, and the type of land (e.g., agricultural, residential, commercial). In major cities like Istanbul or Ankara, land prices tend to be higher compared to rural areas.

Generally there 2 type of land Zoned ( Arsa ) & Unzoned ( Tarla )

Unzoned Lands : in Turkey, commonly referred to as agricultural land or “tarla,” are designated for agricultural use and cannot be utilized for construction purposes. Typically, prices for unzoned lands range from 10 to 50 USD per square meter.

Zoned Lands:  known as “Arsa” in Turkish, are suitable for construction purposes, allowing the development of villas or residential projects. The price for zoned lands in Turkey is generally around 400 USD per square meter.

When considering Land Prices in Turkey for construction purposes (Arsa), they typically start at 400 USD per square meter, with variations depending on the location, ranging up to 1500 USD per square meter.

Buy land in Turkey is a great long-term investment because, due to the increasing population and migration, land prices appreciate almost between 20-30% annually, compared to the mere 6-10% increase in apartment values. If you are looking to make a long-term investment, you can consider buy agricultural land in turkey.

Check Youtube channel for details

Buy Land in İstanbul

Foreigner whose want to buy land in istanbul prefer Villa or Residential zoned lands , Mostly foreigner prefer to buy land in istanbul europe side.

Villa zoned lands in Istanbul : are Mostly Buyukcekmece , Silivri, Arnavutkoy , Beylikduzu or Sariyer where mostly foreigner prefer to buy lands these locations.Now lets talk about land price in Istanbul depend on locations.

Average Land Price in Istanbul

Residentially zoned lands in Istanbul that we can recommend include Fatih, Kartal, Maltepe, Beykoz, or Silivri for low-budget customers. In city centers, land areas between 150-300 m2 may cost the same as 800-1000 m2 in Silivri or Arnavutkoy. If you prefer to live with your family, the Asian side may be better due to its safety, less crowded environment, and more greenery.

Can a foreigner buy land in Turkey?

Yes, foreigners are allowed to buy land in Turkey. In order to attract foreign investment in real estate, the Turkish government has added new rules and regulations into place. However, foreigners need to be aware of the following limitations and requirements before buy land in turkey :

• The principle of Reciprocity: According to this idea, foreigners are allowed to purchase real estate in Turkey. This implies that nationals of countries that permit Turkish nationals to own real estate in their own nation may also do so in Turkey.
• Military clearance: The Turkish military have to give permits before the sale , mainly properties close to military zones.
• Zoning limitations: There are some type of properties may be included zoning limitations, buy these lands may be prohibited for foreigners
• Title Deed (Tapu) Procedure: Getting a title deed (Tapu) requires a number of stages, this can be complicated for foreigners. its recommended to do this by professional legal counsel office or real estate agency .
• Resident Permit: Foreigners  whose want to buy land in Turkey may need obtain resident permit.
  

Cheapest Land in Turkey

If you’re on the lookout for the Cheapest land in Turkey, we have several pieces of advice for you. There are two types of affordable land in Turkey: those close to Istanbul and those with promising future potential

A ) Lands Close to Istanbul
if you are looking to buy cheap land & need it to close to Istanbul here is list for you .

1. Silivri: Located on the European side of Istanbul, Silivri is renowned for its wide landscapes and offers relatively more affordable land options compared to the city center.
2. Catalca: Another district on the European side, Catalca located back of Buyukcekmece where is no sea view , provides a more rural setting and may offer low budget land options.
3. Kirklareli: Also not extremely close to Istanbul, Kirklareli is a province to the northwest of the city and could offer more affordable land compared to the immediate Istanbul area.
4. Tekirdag: Located to the west of Istanbul next to Silivri , Tekirdag is another good option for those looking cheaper land within close to istanbuladditionaly check : Sakarya , Kocaeli & Bursa in asian side.

B ) Lands promising future potential
Here are some city names and regions in Turkey that are currently affordable and have the potential for future development:

1. Eskişehir: Known as city of students where is many universities located here . The city’s strategic location make it a candidate for future growth.
2. Samsun: Located on the Black Sea coast, Samsun is growing year by year and getting economic initiatives and infrastructure projects .
3. Balıkesir: Located in the Aegean region, It attracts the attention of local and foreign customers due to its proximity to Istanbul and Izmir. Balıkesir’s strategic location can offer a profitable investment for the future.
4. Antalya (Beyond the Tourist Areas): Although Antalya is a popular tourist city, you can invest in areas further away from the sea for long term, beyond the main tourist areas.
5. Aydın (Outside of Kusadasi and Bodrum): Regions that do not have a direct coast to the sea, such as Aydın and especially Nazilli, can offer more affordable options with their potential for the future.

İf you looking to Buy Land in Turkey you can contact our team from here

Thinks to Know Before Buy Land in Turkey

Things to know when buy land can be listed as follows:

• The land for sale must be seen on the spot; the surroundings and ground should be examined.
• The zoning status of the land should be confirmed. This item specifically relates to your purpose of purchase. For example; If you want to build a villa on the land you are going to buy, you will need to look at the land with the zoning status of “villa”.
• The title deed of the land should be examined in detail. It should be checked whether the values of the said land such as island, plot, parcel and the values on the title deed of the land match.
• Check whether the property rights (lien, mortgage, etc.) are limited by going to the Land Registry Office to which the land to be purchased is affiliated. Also, go to the relevant municipality and confirm whether the land owes property tax.
• If you are going to buy an investment land, it is useful to evaluate the land located on the main street. As a matter of fact, the prices of the land on the main street may increase in a short time in the newly opened areas. If you have decided to buy land in such areas, your priority is the land for sale on the main street.
• The KAKS and TAKS values of the land are also among the things to consider when purchasing a land. KAKS; It is a calculation method to be used in the calculation of the total net area of the construction to be built on a land. For detailed information about KAKS, see: What is KAKS? How to Calculate TAKS ? TAKS; It is a method used to calculate the floor area of the construction to be built. In other words, it expresses how much of the land area will be covered by the floor area. For detailed information about TAKS, see: What is TAKS? How to make TAKS Calculation?

Whether you buy a land for sale from a real estate company or its owner; The most important points that can answer the question of what should be considered when buying a land are as above.

FAQs related to buying land in Turkey:

1. Are there any residency requirements for foreign landowners in Turkey?
   No, there are no specific residency requirements for foreign landowners in Turkey. However, if you plan to stay in Turkey for an extended period, you may need to apply for a residence permit.
2. What are the common types of land ownership in Turkey?
   The common types of land ownership in Turkey are freehold (malikane) and leasehold (intifa). Freehold ownership grants you full ownership rights, while leasehold ownership allows you to use the land for a specified period.
3. How do I verify the authenticity of the land’s title deed?
   You can verify the authenticity of the land’s title deed by conducting a thorough title deed search through the Tapu and Cadastre Directorate. It’s advisable to seek legal assistance to ensure the accuracy of the information.
4. Are there any restrictions on building or renovating on purchased land?
   Yes, there may be building restrictions and zoning laws that dictate the type of structures, height limitations, and other regulations. It’s important to research and understand these restrictions before making any construction or renovation plans.
5. Can I obtain a mortgage to finance the purchase of land in Turkey?
   Yes, some banks in Turkey offer mortgages for land purchases. However, the availability and terms of the mortgage will depend on various factors such as your financial situation, credit history, and the specific bank’s policies.
6. Are there any tax obligations associated with owning land in Turkey?
   Yes, as a landowner in Turkey, you will have certain tax obligations, including property tax (emlak vergisi) and potentially income tax if you decide to rent out the land or generate income from it. It’s important to consult with a tax professional to understand your tax liabilities.
7. What are the steps involved in transferring the title deed after purchasing land in Turkey?
   After purchasing land, the title deed transfer process involves preparing a sales contract, obtaining necessary permits, paying the relevant fees, and registering the transfer at the Land Registry Office. It’s advisable to work with a qualified lawyer or notary to ensure a smooth transfer process.

Remember, when buy land in Turkey, it’s always recommended to seek professional advice and conduct thorough research to make informed decisions and avoid any potential pitfalls or legal complications.

READ ALSO

• Cost To Build A Villa In Turkey In 2023?
• What is TAKS? How to make TAKS Calculation?
• What is KAKS? How to Calculate KAKS?
• How to Get a Building Permit in Turkey?