Testimonials

I would like to say that I was very impressed with the way Istanbul Mortgages handled everything.. Keep up the good work guys.
D.D - bought Duplex in Kusadasi

EQUITY RELEASE ON YOUR TURKISH PROPERTY

up to 60%

of current value - CASH for any purpose!

Got a Costly Mortgage?

SWOP FOR OUR MORTGAGE!

up to 90%

of current value. You keep any surplus cash!

Do I Have To Pay Tax On Rental Income Or Capital Gains If I Sell The Property In The Futur

The UK and Turkey have a double-taxation agreement. This means that officially all rental income has to be declared. Check with your Accountant as to how much if anything you have to pay and what expenses could be deduced from income.

There is no capital-gains tax in Turkey on profit providing the property is not sold within 4 years of gaining the property in the buyer’s name.

Tax would apply if you sold earlier than 4 years. Again, check with your Accountant to see if your home tax authorities would recognize this local law if you intend selling after 4 years with a profit.

Remember, you DO NOT OWN the property unless the TITLE DEED is in your name.