Arnavutköy is one of the rising districts of Istanbul and attracts the attention of many investors. However, being unaware of the hidden costs when purchasing land poses a significant risk for investors. This article will provide information about the hidden costs in the Arnavutköy land purchase process.

Land transactions
Deed transactions are one of the most important hidden costs when buying land. Various fees are required to be paid to the notary public, the land registry office and the tax offices for title deeds. These fees may vary depending on the land value and the type of title deed transactions. Fees to be paid for title deed transactions are generally between 2-3% of the land value.

commissions
Real estate agents' commissions are another hidden cost item when purchasing land. Realtors act as an intermediary between the land owner and the buyer, allowing the land purchase process to be completed more quickly and easily. However, real estate agents charge a commission for this service. Real estate agents' commissions usually range from 2-3% of the land value.

Taxes and Fees
Taxes and fees to be paid for owning land are another hidden cost item. Taxes and fees can be quite high for land purchases in Arnavutköy, especially for lands with high value. Taxes and fees usually range between 1-2% of the land value.

Land Arrangement and Zoning Procedures
Land arrangement and zoning may also be required to become a land owner. Certain fees must be paid for these transactions. These fees generally range between 1-2% of the land value.

Energy, Water and Natural Gas Connection Fees
Another hidden cost of owning land is the energy, water and natural gas connection fees. Connection fees must be paid in order for the land owner to benefit from electricity, water and natural gas services. These fees may vary according to the region where the land is located and the point where the services will be connected. These hidden costs are among the important items to consider before owning the land.

Road and Infrastructure Expenses
Another hidden cost to be considered for owning land is road and infrastructure expenses. Those who want to own a land should check whether the road and infrastructure works are carried out in the region where the land is located. If the works have not been completed yet, they may have to cover the road and infrastructure expenses to own the land.

Hidden costs in the process of buying a land in Arnavutköy should be carefully examined before becoming the owner of the land. Deed transactions, real estate agent commissions, taxes and fees, land arrangement and zoning operations, energy, water and natural gas connection fees, road and infrastructure expenses are some of the fees to be paid for owning a land. Accurately calculating and budgeting these hidden costs will help investors make a healthier and more informed investment. In addition, knowing all these costs will help the investors to minimize the problems they may encounter and allow them to draw a safer way to own land.

Therefore, it is recommended that those who want to buy land seek help from experts such as real estate consultants or lawyers and plan their budget correctly, taking into account all hidden costs. Investors can make a safe and profitable investment by doing a detailed research before purchasing the land, calculating the hidden costs in advance and including these costs in their budgets.