Is it better to buy a second-hand or new property in Turkey for citizenship?

I have an exports business and I'm looking to relocate to Turkey because of its strategic location. I see that buying property is the cheapest option to get Turkish citizenship. Is it better to buy a second-hand home or new property? Can it be land?

Answers

On April 06, 2024 Arslan Tenha answered:

One of the options to acquire Turkish citizenship through investment is to invest the minimum amount of real estate required by the legislation. This may be a plot of land or a commercial or residential property. Second-hand real estate prices may be more affordable than first-hand real estate. Some important points must be considered here. The owner of the property must be a Turkish citizen, and the property must not have been used to acquire citizenship before.

On April 03, 2024 Orhan Yavuz Mavioğlu answered:

Choice of property depends on preferences and budget, as second hand and new properties suffice the requirement in case their value is higher than $400k. Land purchase is not within the CBI program.

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