Property Management

Effective management is key to a successful property purchase in Türkiye. New Level Group offers its clients not only premium quality properties on the Mediterranean coast of Alanya, but also high-quality customer service.

New Level Group specialists are ready to offer you the following within the framework of after-sales service:

Comprehensive assistance in matters related to the maintenance and upkeep of real estate.
Full range of services for renting out apartments.

Property Maintenance and Upkeep

We offer a comprehensive range of services to take care of your apartment:
Regular monitoring and cleaning of your property in your absence.
Coordination and execution of repair work with qualified and reliable specialists.
Assistance with registering contracts for utilities, internet, and telephone services.
Support in opening a bank account in Turkey, as well as obtaining property and health insurance policies.
Ensuring timely payment of taxes and utility bills.

New Level Group assumes full responsibility for the maintenance and upkeep of your property within its residential complexes.

Trust management of real estate

Renting out real estate in Türkiye is a popular way to earn a stable passive income. New Level Group offers its clients property management services for renting out apartments.

Is it possible to rent out an apartment in Türkiye?

Foreign owners can rent out their property on either a long-term or short-term basis, subject to specific requirements.

For short-term rentals (from 2 weeks to six months):

The lessor may only be a legal entity with the appropriate license.
The management must include the entire building or part of it, but not individual apartments.
The housing is equipped with sleeping places - at least 30 units.
The premises comply with all fire safety standards, have video surveillance and security.
Registration of all tenants is mandatory.

If the property is intended to be rented out for 100 days or more for tourism purposes, the owner must obtain permission from the Ministry of Culture and Tourism. Otherwise, the premises can be used exclusively for long-term renting. Consent from other apartment owners for the rental business will also be required.

Long-term rental in Türkiye refers to leasing property for a period exceeding 6 months. It is permitted to private owners if a number of conditions are met:

Possession of a Turkish Taxpayer Identification Number (TIN).
Notarization of the lease agreement.
Data on landlords is entered into the register of the Directorate of Civil Status and Citizenship of the Ministry of Internal Affairs of Türkiye.

How to Rent Out Property in Türkiye

To legally rent out a property in Türkiye, you must sign an official contract. This document regulates the terms of use of the property in exchange for rent and is drawn up in two languages: Turkish and the language of the tenant.

Among the main provisions that are recorded in the agreement:

personal data of the parties;
address, characteristics and condition of the object;
rental cost;
duties and rights of the tenant and the landlord;
payment procedure (including utilities, aidat).

The contract is extended automatically by mutual consent of the parties.

Taxes in Türkiye from renting out real estate

In Türkiye, income from renting out real estate is taxed on a progressive scale. Tax rates on rental income for individuals range from 15% to 40%. Landlords who have earned less than TRY 47,000 in income are exempt from paying tax. The maximum rate applies if the income exceeds TRY 4,300,000 per year.

To fulfill tax obligations, the landlord must register with the Tax Service at the location of the property.

Is it profitable to rent out an apartment in Türkiye

Investing in Turkish real estate for subsequent rental is a proven strategy and a long-term investment that can bring constant profits.

The level of income from renting out apartments is determined by the region. In resorts and tourist areas, the yield is 6-8%, and with the right choice of property, it reaches 10-12%.

Guaranteed Rent with New Level Group

Guaranteed Rent is the best way for property owners in Türkiye to earn passive income.

After registering the property rights, you transfer all tasks on finding tenants, servicing and maintaining the property to the specialists of the New Level Group company. And you yourself receive a fixed income from rent and have the opportunity to relax in your apartment several times a year.

Benefits of cooperation with New Level Group:

Stable income: your dividends do not depend on the actual occupancy of the property.
Full responsibility: we take on the search for tenants, interaction with them and monitoring the condition of the apartment.
Financial transparency: payments are transferred to your account without delay.
Real estate care: maintaining the condition of the property and resolving all issues after tenants have moved out is the responsibility of our company.

Transfer your apartments in Türkiye to the trust management of New Level Group specialists and receive rental income without unnecessary hassle!

Any questions left?

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