Property in Turkey

’How much do I have to pay in taxes when selling my Turkish holiday home?’ . This is one of the most common question people often ask. In the following we will sum up the answer. In the case that you have owned your property for MORE than five years, the profit you earn from the sale will be tax free. An important note is that the length your ownership is determined from the day you received your deed. When you have paid for the property, signed the contract or moved in, is irrelevant in this case. Only the date on the deed can determine when you became the official owner. In the case that you have owned your property for LESS than five years, you must pay taxes if the sale brings you any profit. The tax amount will be conducted from the following values (notes this is 2010 values): Profit up to 8.800 TL, 15 procent 8.801 - 22.000 TL, 20 procent 22.001 - 50.000, 27 procent More than 50.000 TL, 35 procent The profit is the balance between the registration value on the de...

Most people have heard the story about the airport in the city Gazipasa, a 30 minut drive from Alanya. We now have the latest – verified – news on the airport story. (As always we do not take in all the rumours, because usually they are pretty diffuse and not trustworthy). During a meeting with the hotel owners in Alanya the Prime Minister Recep Tayyip Erdoğan stated that: “The airport in Gazipasa will never be capable of handling planes with a capacity larger than 60-70 passengers. It is a question of security, and the government will not take on that responsibility (editor’s note: in case the government allows bigger planes and an accident where to happen)”. This statement caused great furry in Alanya, and many people felt that the authorities and government went back on their promise. The Secretary of Transportation Binali Yıldırım delivered the same message when he the other day visited Alanya. Asked straight up on the airports chances to handle larger planes he answered...

It is no secret that in these days a lot of people want to sell their property. The reasons may be many:  everything from the desire to try something new, financial difficulties or something else ... No matter the reason, the sellers must accept, the market as it is these days, and a larger loss when selling their house. The fact that this makes the market very attractive to buyers is another matter entirely, and not the topic of this post. For how do you sell your property in the best way? As a private seller, you have basically three options. Try to sell the house yourself. Have your property for sale at as many brokers as possible. Make a sole agreement with a single broker who can handle all aspects of the sale. There is no doubt what we recommend: An agreement with a single broker. It will give the broker a bigger motivation to sell and not at least promoting the home without competing with 17 others brokers, who are also trying to sell your home. Because who w...

The other day I heard the story of a proud and happy property owner, who stood on the balcony of his newly purchased holiday home and expressed his excitement over the quiet location of his new home. The entusiasme lasted until later in the evening, when the nearby clubs and restaurants turned up the music… Even though this story unfolded itself on the sunny coast of Costa del Sol, parallels to other countries can easily be drawn. This story teaches you that as a buyer you must do your homework. Examine the areas where you intend to buy a property. What type of area is it? Who lives there, what are the shopping opportunities, entertainment options and what are the pros and cons of the area? How has the development in there area been within the last 5 years and how can you expect it to develop in the next five? Ask your broker, ask people you meet in the area, search the Internet and not least: Use common sense to separate wheat from the chaff. And this does...

Let me be the first to admit it . Alanya has never been particularly well adapted to people who are walking-impaired. Especially curbs as the size of granite boulders have made it difficult for disabled and wheelchair users to get around in the city . But now the municipality has decided to do something about it. T he center of the town - the area around the post office on the main street - has just been changed . The high edges are replaced with small ramps . It is still too early to say how much of the city will be changes , but it is certainly a step in the right direction . Similarly, there are actually a few apartment projects in Alanya which are specially adapted for disabled and wheelchair users . This blog-post is written by 2Base Estate Agency & My2Base Holiday Homes Visit us online: Holiday Homes for sale:  www.2base.com Letting & Services:  www.my2base.com ...

Most people come to Turkey as a tourist. Who have not tried to join what is popularly best known as a package holiday consisting of flight, transfer to a hotel and the possibility of service at the destination, participation in excursions and much more? On a package holiday everything is planned and organized. All you have to do is turn up at the airport. When the plane arrives at the destination travel guides are ready to guide you to the bus, the bus driver helps you with your luggage and during the trip to the hotel you are even informed about local sights and how to attend the infamous parrot show together with all your fellow travellers. And honestly, there is nothing wrong with that. Package holidays have many advantages, and will outlive us all. Actually it has already outlived most of the hotels several times ... But thankfully there is an alternative and as you read this blog, you either have one of them or considering to get one - a holiday apartment ... Thi...

We are all different. Someone can't live without their coffee, others swear to Coca Cola and others to cigarettes. Young people want loud music, older people quiet music. The Turks prefer driving without helmets, we Europeans prefer a helmet. In Scandinavia Denmark is good at soccer, Finland at hockey, Norwegians have cross country skiing and Sweden ..... (Looong thinking pause) ... bandy. But then again only Swedish people play bandy. So congratulations. And in the UK you have the best paparazzis in Europe... But at some point we are all alike, large or small, black or white. And we all need the Internet. Nobody can live without it. Not even when on holiday and it is time to relax in your Turkish holiday home. Even the older generations are writing emails, surf the net and use Skype to stay in touch with family and friends. There are several ways to access the Internet while you are in Alanya. Here are some ways and suggestions. Your building has joint Interne...

Us who lives here in Turkey on a permanent basis are completely sure: Turkey is a wonderful place where you get a lot of value for your money. Not only in terms of housing, but specially also in relation to climate, food and adventures.  In the latter part of 2010 it has been a very attractive time to buy real state in Turkey . On a regular basis we see some of the best most attractive homes on the marked for sale for a reasonable price. These homes get sold real fast, many of them even a few weeks after they are put up for sale. So it is STILL possible to get a good deal down here. But if you want the best of the best, you must be prepared to make a quick decision, otherwise someone else makes it before you ... And that have probably been the biggest difference between 2010 and 2009. This year the buyers have been here, and they have struck when the price was right. In 2009 we did not see that as much, instead many often waited and waited ... We expect that 2010 trend ...

As a foreigner it can be hard pick up on all the activities in Alanya . When is the local football team playing , what can you watch at the movies and what about the annual jazz festival ? All these valuable informations are only a click away, just go to www.sunsearch.info to se what’s up in the Alanya area. You can also join Alanya News by Sunsearch on Facebook.  Our Facebook page will keep you in a constant loop on all the fun in the Alanya area. Click here to join and get updated Are you not Facebook we will off course also bring all the informations to you through the web site sunsearch.info.  Go to the web site By introducing you to Sunsearch, we give you no more excuses for not having an active vacation, a trip to the local cinema , a chance to support the local football team , cheering at a beach volleyball match or a visit to the latest exhibition in the Cultural Center of Alanya . This blog-post is written by 2Base...

I often get the question: Which are the costs for a title deed? A very relevant question when buying a real estate in Turkey . A title deed as such costs nothing, the correct question to ask would be: "What is the cost of registering the title deed?". So let us take look at that. First and foremost you must paid 3.3 percent of the property value in taxes. In addition, around 300-500 TL in extra costs for various taxes and documents in relation to the application etc. What is interesting here is primarily the 3.3 percent tax of the registered value since the registered value can differ a lot. Strictly speaking the registered value should correspond to the contract price. But this is rarely the case. Without going into details, this is due to the fact that of  registering  the value of the property below actual buying price. This will save money in taxes and is silently accepted by the Turkish authorities as part of a real estate deal in Turkey . The good quest...