Land For Sale Istanbul – Balaban, Arnavutkoy (farm land)-80960057
/%10 For Reservation Deposit, 90% Full Payment in 15 Days
Property type: Farm/Land
Area (M 2)
Whether buying real estate or Land, the main buying point is always Location, Location, Location, and this Land, being in a very unique location, is a rare opportunity for Land investment as Land for sale in Istanbul.
The Land on offer is 3743 m2 and is close to the lovely Turkish village of Balaban, Arnavutkoy Istanbul, located to the North of Istanbul. The Land is just a few steps away, approximately 150mt , from the village road, as shown in the Land picture. The Land is situated around 600mt away from Balaban village centre, but the main attraction of this Land is it’s proximity to the new Istanbul Airport, which is only 11 Km away, making this a most unique investment opportunity.
The area surrounding the Land has a natural Landscape, and Karaburun Village, known for it’s beachside location is 6 Km away. With long sandy beaches, it is widely considered that Karaburun is one of the most attractive areas in Istanbul. Besides the natural beauty, and beautiful beaches, the Land is also 1.5kms away from the lovely and peaceful Durusu (Clearwater) Lake.
The Land is located 41 kms away from Istanbul centre, but is easily reached via the main Kuzey Marmara Otoyolu (The Third Bridge Motorway) which is just 7km away. Arnavutkoy town, 15 kms away, is one of the most promising towns in Istanbul for future investments, as the city of Istanbul is moving North, making this area one of the best residential places in Istanbul in the future.
Finally, The Canal Istanbul route will be around a few hundred metres away from the Land.
This is a farm Land, which means it is a field which you can only use for farming at the moment. (Electricty and water infrustructure is awailable)
The maximum permitted farm house which can be built, subject to Government permission, is 150 metres. As there are already some village houses and villas near to the Land there is a slim possibility of building a farm house – however, although this is a nice option to have, an investor who is considering buying this Land, should not do so on this basis, as there are no guarantees that a new build will be possible.
As it stands, the Land should be considered as a viable farming location, due to the adjacent water sources, thus installing mains services to the land could be an easy and viable option.
As the Land lies next to the new Istanbul airport, it represents excellent future capital appreciation possibilities. Additionally, the planned building of the Canal Istanbul Project, which could pass within 100 metres, or just a few hundred metres away from the Land, puts this Land in a highly desired area, regardless of any building permission.
It is certainly possible that capital appreciation of this Land, could be triple or even 5 times more than the current sales price.
Under normal conditions, there is generally very limited Land for sale in İstanbul and generally, every purchase of Land in Istanbul has increased in price. Although it is not possible to predict the future, it is easy to say that, due to lack of land for sale, Land in Istanbul prices will increase, regardless of the economy or any other situation.
Due to current zoning changes, there is the possibility that the Government can change the use of Lands in this area from field (farming land) to residential, or even commercial Land. If this does happen, then the value of the land will increase significantly. Of course, there is no way to predict such a change, however, we are aware that zoning changes have happened many times in Istanbul, with astonishing consequences.
Land purchase is totally valid for Turkish Citizenship applications, and most probably the Land price and the official valuation will be the value required for a Citizenship application, which means that this Land can be regarded as an ideal investment opportunity for Turkish Citizenship. When you have kept the Land for 3 years, you will undoubtedly be able to sell it with a very good profit.