Flat in Izmir. City - Izmir
ID IZ A100
City of Izmir, Alsancak district
Completion: June 2023
PROPERTY FOR INVESTMENT AND CITIZENSHIP
Great opportunity to buy property in Alsancak, Izmir
Excellent opportunity to pre-order an amazing project with state and bank guarantee. Large selection of apartments from one to five bedrooms and duplexes. Excellent access to the city. Very high quality, luxurious, and modern project. With sea and city views near the Alsancak pier, in the heart of Izmir. Flexible cash payment plans and interest-free installments up to 12 months. Suitable for citizenship.
Project Details:
1+1, 2+1, 3+1, 4+1
1, 2, 3 bathrooms
Area: 45-165 m2
Closed parking
Apartments, High-rise buildings, Residential complex, Residence
Location Features:
Area Features:
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Comfort Details:
In Turkey a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Izmir; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Turkey finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Turkey takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Izmir short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (355 000 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Izmir: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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