Bodrum has long been a crown jewel for international real estate, offering a Mediterranean lifestyle that rivals the coasts of Spain, Italy, and Greece. However, a successful investment requires more than just a view of the Aegean; it requires a clear understanding of the local tax landscape. This guide breaks down everything you need to know about purchase taxes, ongoing costs, and the specific...
regulations in turkiye
It has become a sought-after destination. The peninsula’s unique natural beauty, marinas, coves, and luxurious lifestyle standards are increasingly attracting both local and foreign investors to the Bodrum real estate market. From Yalıkavak to Türkbükü, and from Gündoğan to Bitez, each area stands out with its own value dynamics and investment potential. In such a dynamic market, the most...
Short-term rentals in Turkey have become one of the most profitable real estate investment methods, offering significantly higher returns compared to long-term leasing. With the right strategy, property owners can achieve 8–12% annual rental income, especially in tourism-driven regions. However, to benefit from the full potential of this market, legal compliance and operational excellence are...
Permit Document Procedures With the law, in order to register residences rented for tourism purposes through certification, it has been made mandatory to obtain a permit document from the Ministry of Culture and Tourism (“the Ministry”) before signing a rental agreement, allowing such properties to be rented for tourism purposes for a maximum of 100 days. The Regulation specifies the details...