Earnings from investing in an apartment in Turkey depend on many factors. Below are the key variables and indicative data to help you estimate potential profit, based on the example of a 1-bedroom apartment (~45 m²) worth approximately €150,000 in Alanya. Income from Short-Term Rental (e.g. Airbnb, Booking.com) Feasible only if the building/complex allows it […]
The İskan in Turkey, or Occupancy Permit Turkey, is an official document from local authorities. It confirms that a building is finished and meets all legal and technical rules for living. This means the property is safe, follows building codes, and is legally approved for residents. Why Is İskan in Turkey Important for Buyers? Getting […]
**Gazipaşa – Unique Investment Opportunity in Southern Turkey** Gazipaşa is a charming town on the southern coast of Turkey, home to around 55,000 residents, including approximately 5,000 foreigners. Despite its proximity to the popular tourist resort of Alanya, just 45 km away, Gazipaşa has yet to see a single hotel. Why? That’s a topic for […]
Did you know that by depositing the equivalent of 50,000 euros in a Turkish bank in lira, the net annual interest rate of the deposit is 46.99%? Depositing the same amount in foreign currency, namely the aforementioned euro, the annual interest rate is 1%. However, there is an option to choose a so-called “YUVAM HESABI” […]
One of the common issues regarding property purchases in Turkey is the matter of apartment size. We Europeans are accustomed to the concepts of usable area and total area of a property, whereas in Turkey this topic is slightly different. In practice, when you come across offers on the secondary market, the area usually given […]
To become a holder of a residence permit card (ikamet) in Turkey, we must take out basic health insurance (accident insurance) for the entire duration of ikamet, for example – if we decide to get a residence permit card for 2 years – we must pay for this entire period in advance at the time […]
First of all, the residence permit gives us the right to freely cross the Turkish border, even if it is closed to citizens of other countries (e.g. as a result of pandemic restrictions) and to stay in Turkey longer than duration of visa (3 months). However, with the benefits come obligations as well – having […]
The basic fixed cost is AIDAT, which is a fee for maintaining the common facilities of the building. Here, depending on the standard of the building and the number of atractions in the recreational area, the amount will be in the range of EUR 5-70. Buildings without swimming pools and other atractions will be of […]
Photos of property for sale, after the price is established, is one of the most important part of a sale process. Most of buyers search a property according to price, number of bedrooms etc. and among of searching results they click on the ones with most attractive photos. So how to make our property look […]
You may find this question almost rhetorical and a bit bizarre…but believe it or not, there may be at least a dozen reasons, and each and every one of us would have their own. Some would rather buy a property, because they sare sımply spendıng too much money staying in hotels while visiting Alanya more […]
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