79 558 $
Flat with 1 bedroom in Demirtas, Turkey
Demirtas, Turkey
Apartments in one of the most dynamically developing areas of Alanya Demirtas (008305)
Demirtas is one of the most dynamically developing and with great potential areas of Alanya, where investing in real estate is always profitable. The area has a developed infrastructure with many outlets, cafes and restaurants and at the same time unspoilt nature with stunning sandy beaches.
The project proposed apartments:
This is a great option for investment real estate, capable of bringing high income. The convenient location of the complex within walking distance from the urban infrastructure of the district and 2.5 kilometers from the beautiful beaches makes the purchase extremely profitable. The distance to Gazipasha International Airport is 19 kilometers.
The following amenities are provided for the residents of the complex:
Start of construction: February 2023
You have a great opportunity to take advantage of flexible installments with a 40% down payment.
Information updated: 25.10.2024
In Turkey a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Demirtas; 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 Demirtas 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 (76 776 $) 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 Demirtas: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).