Who can buy?

Most foreign nationals can purchase property in Turkey providing that:

* There is a reciprocal agreement between the government of Turkey and that of the purchaser. This agreement does exist between Turkey and the U.K. and many other countries.

* The intended property lies within the boundaries of a municipal area, i.e. town or village with more than 2,000 registered inhabitants.

* The intended property does not lie within the confines of a military zone.

Taxation

Capital Gains Tax nil after 5 years on property ownership

I f sold before a sliding scale exemption is in place in year one 2,600 tl is deducted to offset any gains with higher allowances until year 5.

THIS IS ONCE THE PROERTY IS REGISTERD AND YOUR NAME IS ON THE TAPU (TITLE DEED) IF THE CONTRACT IS SOLD ON BEFORE REGISTRATION THEN CGT IS NOT LIABLE.

With rental income this if taxed paid in Turkey then this will not be liable in the UK as a double taxation agreement is in place between the countries.

For further Sales information please contact the Sales Director Mr David Richardson,

Email: david@propertysunturkey.com Tel:+44 20 8349 4960