FAQ
Q1: Can I rent out the property?
Yes, through coordination with one of the real estate services offices, and we can help you with that. Contact us
Q2: What are the property purchase taxes?
The value of the property registration and transfer tax is 4% of the property price, paid only once (often divided equally between the seller and the buyer), and if the purchase was made from a real estate company, an additional 18% sales tax might be borne by the buyer.
Q3: Are there annual taxes on real estate?
Yes, there are limited annual taxes on residential real estate, and you should ask to know them when purchasing the property.
Q4: What are the real estate brokers’ commissions common in the Turkish real estate market?
The buyer pays 3% of the property’s value, and the seller pays 3% of the property’s value.
Q5: Can the property be sold at any time?
Yes, through coordination with one of the real estate services offices, we can help you through the Contact Us section.
Q6: What are the taxes for selling the property?
The value of the property registration and transfer tax is 4% of the property price paid only once (usually divided equally between the seller and the buyer), in addition to 20% of the net profits going to the tax authority. Contact us.
Q7: Are reservation fees refundable?
All fees paid are fully refundable during the two-week booking period. If you wish for any reason, you have the option to cancel.
Q8: What are the benefits of buying in the early stages of construction?
If you want to make the maximum possible profit on the project, you must buy in the first construction phase. There is almost always a regular increase in sales prices from the early stages of a project to completion.
Q9: What are my rights in case the project management does not finish on time?
According to the law, the developer must obtain an extension for six months to complete the project. After the end of this period, if the developer does not deliver, the administration will pay a fine monthly to the buyer, as stipulated in the contract.
Q10: if I own an apartment, are there after-sales services?
Pay bills: electricity, water, guard, maintenance: corridors, elevators, tanks