Donation or sale

Question

Donation or sale

Andrey Salnikov asks:

Hello! A year ago, I bought an apartment under construction in Antalya. I, my wife and brother are inscribed in the tapu. Now the apartment is rented out, and we want to re-register the entire apartment for me, in order to try to get a residence permit for me and my wife. Tell me, please, what is the best way to donate or sell shares? The cadastral value is about 300 thousand liras.

28.01.2024

TURKEY. Consultation

Visa, residence permit, citizenship

Expert answers (4)

Natalia Ryzhikh (DDA Real Estate) · Answer 1 · 2024-03-24T09:08

Good afternoon, we advise you to re-register the apartment for you, in order to obtain a residence permit, the cadastral value should be from $ 200,000.

Svetlana Yaps (IVM Turkey) · Answer 2 · 2024-01-31T15:35

Both options are appropriate.
When selling shares, you need a certificate from the bank on currency exchange, an expert assessment of real estate. The purchase tax is 4% of the cadastral value of the object. When donating, a certificate from the bank and an assessment are not needed. The tax will be 8%.

Tamila Alieva (Musa Homes) · Answer 3 · 2024-01-31T11:07

Good afternoon! According to the new law, the cadastral value of your apartment is not sufficient to obtain a residence permit. On the account of shares, it is better to arrange a purchase and sale.

Karina Avcu (FethiyeDom) · Answer 4 · 2024-01-29T00:14

Hello! To obtain a residence permit, the cadastral value must be $200,000. Only re-registration for you is a purchase and sale!