Real Estate Directory

WHAT IS AIDAT IN TURKEY

When purchasing a property in the Republic of Turkey, a foreign buyer encounters many new words related directly to real estate. One of these words is “AİDAT”. AIDAT is a monthly maintenance fee for the complex in which you purchased an apartment. This fee includes all amenities that are available for use by all residents…
5 QUESTIONS TO ASK YOURSELF BEFORE BUYING AN APARTMENT IN ISTANBUL

Buying a property is a big step, especially in a metropolis like Istanbul. Before making a decision, ask yourself a few important questions: 1.For what purpose am I buying an apartment?To live alone, to rent out, to obtain citizenship or as an investment? The area, type of property and budget depend on this. 2.Which area…
HOW TO CHOOSE A DEVELOPER IN TURKEY AND NOT MAKE A MISTAKE?

Buying real estate in Turkey is not only a profitable acquisition, but also a step that requires a careful approach. To avoid unpleasant surprises, we would like to leave you with some advice: Check the developer’s reputationStudy reviews on the Internet, discuss the pros and cons with friends who may have already bought housing from…
THE CONDITIONS FOR OBTAINING A RESIDENCE PERMIT BY TAPU HAVE BEEN CHANGED IN TURKEY

From October 16, 2023, new conditions for obtaining a residence permit when purchasing real estate for foreign citizens have been introduced. The minimum cost of purchased real estate has been increased. Previously, this amount was $75,000 in large cities and $50,000 in small cities. At the moment, in order to obtain a residence permit on…
OFFICIAL SOURCE OF TURKEY PUBLISHED CHANGES IN TAXATION AND STATE FEES

Official changes regarding fees and taxation in the territory of the Republic of Turkey have been published. Among them: VAT rate for the purchase of real estate. 18% -> 20% 8% -> 10% 1% has so far remained the same. Payment for mobile phones imported into Turkey from other countries. 6000 TL ($230) -> 20,000…
ENADDITIONAL EXPENSES

When buying property in Turkey, you need to be prepared for the fact that there are additional costs – TAXES. In order to avoid unpleasant “surprises”, find out everything in advance from your real estate agent. The real estate tax rates are the same for both foreigners and Turkish citizens. The only difference in taxation…
TURKISH CITIZENSHIP AND RESIDENCE PERMIT AS AN ADVANTAGE

CITIZENSHIP BY INVESTMENT Owning real estate in Turkey gives the legal right to the owner and his family to obtain Turkish citizenship if the cadastral value of the property is over $400,000. That is, this price must be indicated directly in the title deed (TAPU). If you purchase real estate with a market value of…
WHY IS IT PROFITABLE TO INVEST IN TURKISH REAL ESTATE?

Purchasing real estate in Turkey is not just real estate, it is really a profitable investment, a profitable investment. Foreign citizens are increasingly deciding to buy property in Turkey. Why the choice falls on Turkey? Such an acquisition allows you to properly invest in your future. One of the important reasons to invest in Turkish…
CONCEPT +1/+1.5 IN THE LAYOUT OF TURKISH APARTMENTS

The first number indicates the number of bedrooms, and +1 is the hall, the room where we usually meet guests. That is: 1+1 means 1 bedroom + 1 hall 2+1 – 2 bedrooms + 1 hall Etc… We would like to note that the halls in Turkish apartments are usually quite spacious even in 1+1…