FAQ
Everything about buying and selling real estate in Alanya. Taxes, documents, foreign buyers, and market information.
You need the title deed, property tax certificate, zoning status certificate, building inspection reports, construction permit, and utility account numbers (electricity, water, gas). Foreign buyers additionally require a passport, residence permit, and tax number.
Yes, foreigners can purchase property under certain conditions. However, some areas are restricted to foreign purchases due to regional limitations. Check with the Land Registry before purchasing to verify any restrictions in your desired area.
Location (proximity to the sea), property age and condition, infrastructure facilities (hospitals, schools, shopping centers), tourism potential, and accessibility affect prices. Properties in coastal areas and tourist-oriented buildings command higher prices.
Property tax is levied annually at 0.10% of the registered unit value in the land registry. The tax amount is determined based on the property's assessed value. Property owners receive an annual tax invoice from the municipality.
Purchase costs include notary fees (0.60%), land registry charges and official fees, real estate agent commission (2-3%), insurance, taxes, and bank fees. Total costs typically range from 6-8% of the purchase price.
Rental returns vary from 4-7% depending on location, property type, and tourism season. Properties in coastal and tourist areas generate higher rental income. Long-term appreciation averages 3-5% annually.
Verify title issues, electricity and water debts, missing building permits, and regional restrictions. Work with a professional lawyer and real estate agent. Always visit the property in person and research the neighborhood thoroughly.
Yes, real estate sales income is subject to capital gains tax. Tax rates vary based on the period between purchase and sale dates. Cost-basis sales may qualify for tax exemptions under certain conditions.
Oba, Kızılarif, Konakli, and Mahmutlar are tourist-oriented areas with good profit potential. Çıkla and Bekçiler are peaceful, residential neighborhoods. Kapadıkça and Gözde are preferred for proximity to tourist centers.
Yes, especially for foreign buyers and complex transactions, a lawyer and experienced real estate agent are essential. Agents manage legal procedures, taxes, documentation, and minimize risks.
