
Investing in land in Istanbul
Turkey today is moving towards another world of global, one-of-a-kind construction projects,
and the new Istanbul Canal is the most prominent and the largest of them
Owning land near the new Istanbul Canal is a new trend in property
investment in Istanbul, one that has become clearly visible of late, ever since work began on the Istanbul Canal .
Options for investing in land
First: land zoned for construction
This is certainly a rewarding and profitable investment, especially if you decide to put up buildings or projects on the banks
of the canal once it is ready, or decide to sell the land for many times its current price.
And it is a genuine investment opportunity
Second: agricultural land
Buying agricultural land near the banks of the new Istanbul Canal is a long-term investment:
you buy the land before prices rise further and wait until the canal is built and the land is rezoned
for construction.
It can later be sold once its price has risen, or developed by building on it.
This is a profitable investment over the long run, particularly as the Istanbul Canal will be ready
in at least 7 years.
Third: land near Istanbul airport
In the future this land could become luxury hotels, shopping centres or major developments;
so buying land there now, at reduced prices, is a real chance to secure
a profitable property investment.
Istanbul's new airport is the gateway to the new Istanbul Canal and part of the project itself,
and the canal will run right alongside the airport, which certainly means that the land next to the airport matters a great deal.
In general, the future of property investment in Turkey is among the world's successful investments,
