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@Hanif_O To me it sounds a tricky project.

What comes to my mind

-building regulations

-Ikamet (perhaps you can get it, but rules change all the time)

-Cost of builders (assuming you can not do it all yourself)

-taxes

-assuming that the plot is not close to the center, are you really driving your car so frequently

-..... (the normal things, bank-account, health insurance, property insurance,car, amnetities, maintenance and repairs,

I am sure you have gotten through the considerations, but what can I say Turkey is not as cost-effective as it was in the past.

We always bought something finished and in quite a good condition, why do it yourself (especially in a country which are not your own)

Hello there! Yes, you can buy land in Turkey and build a home on it.

The valuation for building a home on bought land is not the same, and it is a great way to save money compared to purchasing a completed home from a realtor. However, there is a catch - you have two years to comply by building a house, or else you will be fined.

If you are referring to a residence permit, no you do not need one to buy a home and start building. Depending on your area, the authorities may issue a residence permit even if the house is not yet fully completed, as you have two years to finish it. However, it would be best if you had building permits.

When building your own home, it is essential to be careful and do your homework. Many people fall prey to shady developers who may not deliver on time or at all and keep asking for more money. To avoid this, you should hire an attorney to draft a contract that specifies penalties if the developer is late and what those penalties are for every day. If you are having landscaping done, you should also include it in the contract. This way, if the developer ruins or destroys the landscape, they will be liable to repair it. The same applies to electrical lines, sewage lines, and water lines. Also, take out insurance.

If you are unsure of your regional immigration requirements, you can always ask the local migration department. However, the rules are pretty standard across Turkey. Buying land and building your own home can save tens of thousands of dollars, which you can put towards furnishings and landscaping. I wish you much luck with your plans!

A woman has recently bought a house for 1,000,000 TL and has obtained a Class B residency through investment. The valuation of the property is determined after the construction is finished, and the amount you pay may not necessarily match the valuation report, as the developer may have saved on certain costs. The valuation report will be based on the finished product, local market pricing, and the quality of the construction. However, it is worth noting that to date, everyone who has opted for this route has successfully obtained residency, even undervalued. Again, you can ask your local office.

@cdw057 Thanks for the advice; I appreciate your insights!

I'm not overly concerned as I have close friends who are experienced property developers in Turkey, albeit in Istanbul. They build large apartment blocks, and have a lot of experience and connections.

That being said, it's just one of the options I'm considering, and we may very well end up buying an existing property.

@d4zt7bsj Thanksfor talking the time to pen such a detailed reply!

It's great to know that we wouldn't need a residence permit before purchasing land and obtaining the necessary building permits, and that we could can potentially get a residence permit for the development period (max 2 years).

Also interesting to note your point regarding the final valuation being used for residency - thank you.

As I just mentioned in a reply above, I have friends from the UK who are experienced property developers in Turkey (Istanbul), hence why I'm interested in exploring this is an option, as I can lean on them for advice and support.

They don't live in Turkey though and operate through a Turkish company they established, so I wasn't sure if they'd be familiar with the residence visa query.