We all know that making land investments can bring us quite high returns in the future. So what are the rules for making the right land investment?
Being Neighbors with Large Construction Companies
The work areas of construction companies increase the values on the land. Land investments can be quite productive and highly profitable with the future analyses of developing regions. Investments made by following and analyzing prominent regions result in high profits. Lands close to the work areas of large construction companies can be valued in return for flats in the future.
Preferring Regions with Planned Urbanization
The income level of the people addressed by regions with planned urbanization is generally high. In such cases, we should consider that the project to be applied to your land will be designed for people with high income levels. You can earn more income from the agreements you make with large projects. Land sales are quite easy in these regions.
Immigration Regions are Very Profitable
Migration to cities is increasing day by day. Increasing migration causes an increase in housing demand. The lands we buy in regions that receive immigration are valued with housing demand. Appreciated lands are sold at high prices due to demand.
Be a Neighbor to High-Income People
In recent years, people with high income levels like to live by building low-rise houses in places close to the metropolis but also outside the metropolis. Lands close to high-income residential areas are sold with good profits for the preferred housing welfare. The prices of lands preferred by high-income people are increasing.
Incentives Increase Land Prices
Increasing investment incentives for a city increase the city's population, creating new housing and workplace needs. Lands purchased in regions receiving incentives bring about price increases with the incentives. Land investments can be made in provinces and regions receiving incentives by considering the needs.
Buy Land in Fast-Growing Cities
Lands purchased in fast-growing cities increase in value due to the need for housing and workplaces as the city grows. Price increases are observed in fast-growing cities. Land preferences should be in fast-growing cities.
A Fall in Interest Rates Increases Land Prices
A fall in interest rates causes rapid increases in housing prices. You should buy your land before the interest rate falls and sell when the interest rate rises. Such economic waves will greatly increase your earnings. We can turn falling interest rates into opportunities in this way.
Transportation Projects Increase Value
Transportation can increase the value of the land very quickly. You should learn about the transportation projects that will occur near the land you will buy. In areas where transportation projects are taking place, housing will increase rapidly and the population may increase suddenly, and you can make a profit with lands related to transportation projects.
Prefer Main Streets
A land located on the main street will gain value much faster than the land behind it. Lands located on the main street will gain a lot of value with real estate such as housing to be built and workplaces to be created.
It Should Be Close to Official Institutions
If you are buying land in a region that is in the development process, it is very important that it is close to official institutions. The investment you make by determining the area where government institutions such as schools, hospitals, and district governorships will be built from the zoning plan will appreciate very quickly. Plots close to official institutions are sold quickly and it is very easy to rent the houses built on them.
Have a Wide Frontage
Housing and workplaces built on plots with wide frontage provide fast income with high rents due to the size of their frontage to the street. It is also very easy to rent.
Pay Attention to the Roads Around It
Roads passing around it are very effective in evaluating your plot. Even any plot with a road passing around it or surrounded by roads can lead you to a great fortune. Plots with roads passing on all four sides can appreciate very quickly.
Prefer Pedestrian Crossings
If you can find plots in the area where there will be pedestrian crossings and lights by looking at the zoning plans, they will appreciate very quickly. Areas with pedestrian crossings and lights become centralized quickly. Businesses and commercial centers are formed in centralized areas. This situation adds value to your plot quickly and continuously.
Pay Attention to Industrial Facilities
Lands close to industrial centers will gain value quickly due to the housing needs around them. Establishing an industrial center around your land will add value to your land and will become very important for housing. It will continue to gain value quickly. As industrial centers grow, they create housing needs in their locations. Your land will gain value due to the housing needs that arise. The value that is gained will increase profits
You can work with contractors. You can also make money by selling land directly.
Don't Be Close to the Forest
Lands close to the forest may face strict rules and zoning problems regarding housing. Inspections can be quite strict in lands close to the forest. It is necessary to stay away from forests for a profitable land investment.
Consider Crisis Periods as an Opportunity
In crisis periods, land prices fall before housing and workplaces, and the lands we buy in bad economic times allow us to make quite a good profit when the economy returns to normal. You can also make money with the lands you buy in bad economic times.