89 711 $
Flat with 1 bedroom in Mahmutlar, Turkey
Mahmutlar, Turkey
New investment residential complex in the prestigious area of Mahmutlar, Alanya, which embodies the harmony of modern comfort and external location. Only 900 meters from...
Apartment from an investor in a residential complex in a cozy area of Mahmutlar (09400)
The spacious apartment from the investor is located in a cozy area of Alanya - Mahmutlar.
Description of the apartment:Ideallow>
for life and for renting.
< The complex has a rich infrastructure, including the following amenities:Information updated: 05.12.2024
In Turkey a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Mahmutlar; 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 Mahmutlar 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 (89 711 $) 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 Mahmutlar: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).