Land for sale in Turkey is a bit like a number 52 bus (British joke), you don't see any for ages and then 3 come at once. In theory, land in Turkey is highly sought after, especially land on the Mediterranean Coast. Turkey is one of the few places where the ordinary working man can still afford to buy land and build his own holiday home on the Med, whereas in the likes of Spain and Italy that has long been unaffordable to most of us.
However, unfortunately this is not new information to everyone, and now almost all of the land on the coast has been developed, or purchased and is being readied for building. All is not lost however, you can still find some pretty good deals on land in Turkey.
If you widen your search just a little back from the coast you can often find more selection in the land market. However, Turkey is one of the hottest property markets in the world, and has been for almost 2 years now, so most of the land has been purchased for development. If you are looking to buy land in Turkey, the chances are that all of the land for sale in the area you are looking at is too expensive (has been bought for resale) or there is none at all because it has all been bought and is being developed.
Hope is not lost though, because frequently developers can't get planning permission for the extravagant development they have bought the land for, or they can't get funding. Thus, quite often they will be looking to sell the land. It is a fact that they will get more for the land if they sell it off in parcels than as one lot, so they often do this. So, you can find no land for sale one day and then three plots the next. Hence the analogy above...
Some developers miss the fact that selling in parcels will give them more of their money back, but they can often be nudged in the right direction, especially by an agent who has buyers waiting. Speaking of agents... We have our finger on the pulse of the Turkish land market, if you can't find what you are looking for or want to discuss any other aspect of Turkish property, give us a call on 0208 339 6036.
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