Market analysis
Tuesday 25 June 2024
Land investments, traditionally viewed as a long-term strategy, have become a short-term opportunity in certain Turkish provinces. One such province is Çanakkale. According to recent data analysis, land plots in Çanakkale have yielded an average profit of 774.14% for investors over the past four years, setting a local record.
The demand for land in Çanakkale is continuously growing. It is an excellent choice for those looking to increase their wealth through short-term resale and for those seeking a place for living and leisure. Çanakkale is renowned for its stunning natural beauty, seaside views, and rich historical heritage. Its proximity to Istanbul, as well as convenient connections to Izmir and Ankara, makes it even more attractive to investors.
It is no surprise that new residential complexes, including luxury villa projects, are emerging in Çanakkale. This region is not only a desirable holiday destination but also suitable for year-round living. In some areas, such as Ayvacık, the profit from land investments exceeds 700%, reaching +1958% in Turkish lira.
We recommend investors to consider this region. Foreigners are permitted to buy land in Türkiye, with some restrictions. In 2023, Çanakkale ranked second in the number of land plots sold, highlighting its attractiveness and investment potential.
If you are considering investing in land in Çanakkale, we are here to provide you with professional advice and assistance in selecting the most suitable options. Contact us for more information and support at every stage of the transaction.
BARNES Türkiye is always looking out for your interests in the real estate world. We will help you make profitable investments and find the perfect place for living and relaxation in Türkiye.
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