Pay Attention to These Items Before Investing in Land!

Pay Attention to These Items Before Investing in Land!

People all over the world resort to different investment instruments to secure their future and increase the value of their money.

One of these investments is real estate investments.

When it comes to real estate investment; Although all immovable property comes to mind, today we will narrow our focus and talk about land investments.

We will convey some important details that should be considered in order to make reliable land investment.

Things to Consider in Reliable Land Investment

Land investments are among the investment models that have become attractive today.

Providing long-term returns, multiplying its value over time and many other reasons attract investors to invest in land.

However, of course, there are many factors to be considered before investing in land in order not to incur losses while dreaming of profitable investment. It is important to investigate the location of the land, its structure, whether there is a legal process and many other details, and to invest in the light of this information.

1- Start with Research

Before investing in land; have detailed information about land and investment areas. Details such as the location of the land, usage area, infrastructure, surrounding lands, transport access, zoning status, construction possibility are among the issues you should have information about before investing.

 

2- Check the Legal Status of the Land

Another issue you should investigate before investing in land is the owner, title deed, zoning status. If possible, obtain the land title deed and obtain information on this deed. You can start by going to the land registry office and finding out whether there are any restrictions on the land. In addition, pay attention to the accuracy of the information written on the title deed. It is important to have information about situations such as whether the property is mentioned as land on the title deed, what is the zoning plan, whether there is a situation such as zoning abandonment, so that you do not encounter a surprise after investing.

One of the most common problems in land sales; It is the case that the land you will invest in and the deed sold do not match.

Therefore, written on the title deed; Make sure that the island, plot, parcel represents the land you will buy.

Do research on zoning. The information about whether the land you will buy has a zoning plan, the type of use of the land in the zoning plan, whether the immovable is shared or not, detached title deed information and other conditions it has, must be confirmed.

It should also be investigated whether there is debt information about the land. In case of debt, the payment belongs to the seller.

If the land you will buy is a shared land, you need to be much more careful in this regard. In a shared land, whatever the value of the immovable property is, it is necessary to share the shares over this value.

3- Infrastructure and Facilities

The infrastructure and facilities of the land are also among the important factors for your investment to gain or lose value.

For example; while the presence of facilities such as transportation network, water and electricity access, shopping centres, hospitals or the fact that they will be built in the future increases the value of the land, the location of the land on a landslide zone, protected area, stream bed or a land that may pose an obstacle to future construction may cause you to lose money.

4- Correct Pricing

The sale price of the land is the main factor affecting the decision of the investor.

When setting a price for a land; land area, ownership structure, location, environmental conditions, transport links, development potential, soil structure and land use areas should be taken into consideration. On the other hand, conditions such as market value, prices of similar lands, and future promises should also be evaluated to determine whether appropriate pricing is made.

It is a fact that all these processes are challenging and risky. Therefore, it would be the right method to get support from an expert real estate consultant to eliminate the risk of making a mistake when investing in a land.

Getting support from an expert for your investment processes allows you to make the right investment and increase the success of your investment.

If you are wondering where you can find a reliable real estate consultant, the answer is Proturk Property.

Proturk Property's expertise from being in the sector for many years, its staff of professional real estate consultants; following the trends and offering you the best investment opportunities and being prepared for possible risks, allows you to make the right investment and the process to proceed smoothly.

Let’s go and take action without wasting time.

Proturk Property for you to reach the right investment