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 […]
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 […]
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 […]
Once you get the idea and decide to buy a property by the Mediterranean Sea the story begins… Going through innumerable amounts of adverts? Confused after seeing same property in 10 different advertisments in 10 different price and 5 different location but for sure same photos ? Being shown same property by several agents but […]
There are three main sections of real estate business in Alanya ; selling brand new properties , re-sales and rentals. Each agent works by himself on offers of new properties and his portfolio depends on how actively he works. Regarding to re-sales and rentals situation looks a bit different. Most of experienced real estate agents […]
When looking for an apartment to buy in Alanya you are searching lots of different websites, looking at hundreds of adverts, no wonder that after some time, you don’t know which offers have actually caught your attention. Our website is being built and updated primarily for you, so that you can quickly reach the information […]