Real estate refers to immovable property that cannot be transferred from one location to another. It includes land, plots, buildings, residences, and commercial units. According to the Turkish Civil Code, any property registered in the land registry is considered real estate.

If you want to learn more about the real estate market in Antalya, visit Antalya Development, where you’ll find comprehensive information on investment opportunities in the region.

Difference Between Real Estate and the Real Estate Sector

“Real estate” refers to the property itself, while the “real estate sector” encompasses commercial activities like buying, selling, and leasing these properties. In short, real estate is the physical asset, and the real estate sector is the industry handling its transactions.

Difference Between Movable and Immovable Property

The key difference between movable (menkul) and immovable (gayrimenkul) property lies in whether it can be physically relocated.

Movable property includes transferable items like cars, furniture, jewelry, electronics, stocks, and bank deposits. These do not require land registry registration for transactions.

Immovable property refers to fixed assets such as land, buildings, apartments, and offices. Their sale or purchase must go through official land registry offices and follow legal procedures.

  • Movable property is transferable and does not require registration.
  • Immovable property cannot be moved and must be registered legally.

Types of Real Estate

Real estate is categorized based on usage and structure. The main types include:

Residential Real Estate

These properties are used for housing purposes, including apartments, villas, residences, and private homes. They are one of the most common real estate investment types in Turkey.

If you’re looking for an apartment or villa in Antalya, check out the Antalya real estate listings on Antalya Development’s website.

Commercial Real Estate

These include properties intended for business use, such as offices, stores, hotels, warehouses, restaurants, and shopping centers. They often provide high rental yields.

Industrial Real Estate

This category covers factories, workshops, and production facilities, typically located in industrial zones outside city centers.

Agricultural Land

These are lands designated for farming, such as fields, orchards, vineyards, and pastures. Construction is generally prohibited on this type of land.

Plots and Land

A plot is officially designated for construction, while raw land may not be zoned for building. The value varies significantly depending on legal status.

If you’re considering investing in the Aksu region of Antalya, explore the Altıntaş land listings.

How is the Type of Real Estate Determined?

The type of real estate is based on its intended use, existing structure, and zoning status. These details are clearly recorded in the land registry. For example, a property registered as a “plot” is eligible for construction, whereas agricultural land cannot be built upon without special permits.

Choosing the right type of property is essential to avoid financial loss or legal issues.

Common Real Estate Property Types in Turkey

The most common real estate types in Turkey include:

  • Building: includes residential homes, offices, and factories.
  • Plot: land approved for construction.
  • Land: undeveloped natural terrain.
  • Independent Unit: apartments with individual title deeds.
  • Agricultural Land: restricted to farming purposes only.

What is Real Estate Income?

calculate tax real estate

Real estate income is the profit earned from renting or selling a property. In Turkey, rental income obtained by individuals is classified as “real estate capital income” and is subject to tax if it exceeds a certain threshold.

Income from commercial properties is also subject to VAT, income tax, and withholding tax. Therefore, before investing, it’s crucial to consider both expected income and tax obligations.

Real estate is not just a physical asset; it’s a powerful investment tool that can deliver sustainable profits when managed properly. The type, location, and legal status of a property directly affect the success of an investment. This guide helps you understand the fundamentals of real estate and make more informed investment decisions.