Real estate in Muratpasa

Renting out an apartment in Antalya offers the opportunity to earn additional income. The city is in high demand among tourists, especially during the summer season, which can ensure a steady flow of rental payments. Moreover, real estate in Antalya has the potential for appreciation in value, particularly in popular areas and those with developing infrastructure. However, as the real estate market can be subject to fluctuations, consulting with experts to get a more accurate assessment of the value appreciation potential is recommended.

When purchasing an apartment in Antalya, certain costs and taxes must be considered. The property acquisition tax included in the apartment’s price is about 4% of the property’s value. There may also be fees for real estate agency services and a lawyer, as well as expenses for property registration and document translation. It is advisable to clarify all additional expenses and taxes with a lawyer or a real estate agency before buying.

Purchasing an apartment in Antalya involves a series of rules and procedures. You need to obtain an identification number for foreign nationals, open a bank account in a Turkish bank, sign a sales contract with the seller, and register the property with local authorities. It is also advisable to collaborate with a lawyer or a real estate agency to ensure all legal aspects and procedures are properly followed.