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What Does ROI Mean in Real Estate? Return on Investment (ROI) is a key metric in real estate that helps investors evaluate the profitability of their investments. It measures the money or profit made on an investment as a percentage of its cost, providing a factual and concrete understanding of an investment's potential returns. ROI is crucial for comparing different real estate...

Turkey hosts millions of tourists every year. The country is a charming vacation spot for tourists, especially during the spring and summer seasons. Many tourists who visit Turkey for the first time ask the same questions: Which seafront destination is the best to visit in Turkey? Where should I buy a property by the sea in Turkey? Which coastal area should I live in? Turkey's coastline is renowned for its breathtak...

Overview of the Real Estate Market in Istanbul Istanbul stands as an attractive hub for real estate investments, primarily due to its unique position between Europe and Asia. This strategic location enhances its appeal in terms of transportation facilities, tourism, entertainment options, and convention tourism, making it ripe with real estate opportunities. 

Having a property in Turkey can be exciting, but learning the tax system might feel overwhelming. Do not be afraid! In this article, we delve into the different types of real estate taxes in Turkey, providing clarity on their implications and how they are calculated. From annual property taxes to capital gains and inheritance taxes, each tax serves a distinct purpose within the Turkish tax system. Whether you're already a property owner or an investor looking for new opportunities, understanding the fundamentals of Turkish real estate taxation is essential for informed decision-making a...

General Expenses of Buying a Property in Turkey The main expenses when buying a property in Turkey consist of two parts: the price of the property itself and the costs associated with its registration. The specific costs associated with registering property in Turkey vary depending on the type, size, and value of the property. Here is a general list of the main expenses: Sales Tax: There is a total sales tax of 4% on property purchases, sometimes split between the buyer and seller. Annual Property Tax: Approximately 0.2% of t...