That Investment Tool Made People Forget Gram Gold: Tripled in 1 Year

While investment instruments have varied in the face of inflation, it is stated that returns in one year have reached 200 percent. In addition to gram gold, eyes have now turned to that investment vehicle.

Land plots located in Çatalca, Silivri, Çanakkale, Yalova, Sakarya, İznik, and the western parts of Central Anatolia have become the focus of intense interest. In the last year, price changes in plots with zoning and agricultural field status have generated profits at rates of 200 percent.

Real Estate Expert Bülent Öztürk stated that the demand for land plots came to the fore with the pandemic in 2022 and the subsequent earthquake disasters. Due to this demand, serious problems have been experienced recently in accessing housing as costs, financing, and prices have increased.

While serious investments have been made in land plots for the last 3 years, people have been preferring land as an investment vehicle since 2020. Explaining that the increase in sales has also brought about abuses, Öztürk said, "Land is a very technical business. It is not a situation that can be immediately grasped by people."

Grievances Beyond Taxes Are Being Experienced

Touching upon the grievances that will be experienced in the future, Öztürk stated that while people believe they have their own residential areas there, disappointments may occur in the future regarding the state not allowing mass housing.