Turkey is an attractive buy-to-let destination. Some people rent out their property while they are not in the country, either to keep someone there at all times for security or to make a second income and recoup running costs.
As well as using rental companies and their complete property management programs, please contact us to find out our Rental Services such as checking for damages, dealing with renter’s requests and arranging items such as cleans and welcome packs.
Aegean’s famous holiday resort town Didim is ideal holiday resort for buy-to-let properties. We can assist you with annual guaranteed rental options too. Please contact our property consultants for further information.
Advertise your Rental Property
Individual companies will market and advertise your property for you, but this service is usually charged for. Therefore, we recommend new owners should be pro-active with their own advertising. The following are ideas and suggestions of how to do this.
1: Word of mouth advertising through family and friends.
2: Place your property online with companies like Click Stay, and Holiday Lettings where you can advertise and manage your rental clients directly.
3: Make your own website and Facebook Page. Find out if there are any Facebook community groups where you can advertise your property free.
4: Advertise in local newspapers, either in the location where you have bought your property or in your hometown.
5: Place a “For Rent” sign along with a contactable telephone number on your rental property.
Paying Tax on Rental Income
Proprietors pay tax on rental income of which the amount varies depending on the level of revenue but starts at roughly 15%. Foreigners who want to pay tax will need a tax number, and we can assist you to claim this. Deductible expenses are allowed, and tax returns are usually due yearly in March. Please speak to us for more information and assistance on the process. Otherwise, an accountant can also help you to get started.