FAQ
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When buying real estate in Turkey, it is important to consider not only its overall cost, but the price of its future maintenance as well. Aidat is a monthly maintenance fee in Turkish and it is governed by the law of condominiums. According to this law, only General Assembly of homeowners is to set the size of aidat. The board of the residential...
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If you have a property in Turkey, in accordance with the Turkish tax legislation you must pay income tax from renting. The tax is paid in equal installments twice a year. Payment method: Bank or the Tax chamber. The minimum rental income, which is not taxed, is: For housing – 6,600 Turkish liras per year; For commercial properties – 49,000...
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Before planning your trip to Turkey, make sure you check visa requirements. Most visitors from European countries do not require a visa to visit Turkey if they spend up to 90 days per visit and 90 days per a 180-day period. From March 2, 2020, residents of the following countries can enter Turkey without a...
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ISKAN is a habitation certificate, which proves the right to use a property or its part (for example, an apartment in the residential complex) as a residential property. ISKAN contains the information about the property: the number of storeys, the number of apartments, the area of the property and many more. There are two types of this document:...
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Yes, foreigners can surely rent out their own property in Turkey. In fact, it is a great option if you are buying a property as an overseas holiday home. On the one hand, you get a holiday home and on the other hand, you get an additional income source by renting it out when you are not using it. The high season for holiday rentals in Turkey is...
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When buying a property in Turkey, you should keep in mind that it will require running costs. They include: registering a title deed, TAPU; annual property tax; utility bills; monthly payment for property maintenance (aydat). The property tax is paid annually. The amount of tax payment is calculated based on the cadastral value. The tax...
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Having your own car is always an advantage. It gives you freedom of movement and makes everyday life more comfortable. Owners or real estate in Turkey need a car to work or travel while enjoying the beautiful views of the sea and mountains. However, buying a car is a crucial step. Therefore, we have prepared an article on how a foreigner can buy a...
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Residents of different countries are allowed to buy a property in Turkey. Buying a property gives some benefits. Obtaining a residence permit is one of the most important benefits. Foreigners who own a property in Turkey may apply for a residence permit and stay in the country for over 60 days and prolong their residence permit after that. If a...
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IKAMET is an identification document of a foreigner who is living in Turkey. In other words, it is a kind of a residence permit, which you must have if you want to stay in Turkey for more than three months. For example, when you rent a property in Turkey. To get IKAMET you don't have to learn Turkish or register in the police every month. It...
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IKAMET is an identification document of a foreigner who is living in Turkey. In other words, it is a kind of a residence permit, which you must have if you want to stay in Turkey for more than three months. For example, when you rent a property in Turkey. To get IKAMET you don't have to learn Turkish or register in the police every month. It...
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