What are the benefits of buying an apartment in Alara City Residence in Turkey directly from the developer Yekta Homes?
The contract is signed directly with Yekta Homes, and apartments are handed over fully finished, with kitchen cabinets, plumbing and shower cabins installed. After the deal, the company's staff help with a tax number, a bank account and utilities.
Does the developer Yekta Homes offer an installment plan for property in Alara City Residence?
Yes. Yekta Homes offers installment plans of 24 and 36 months across all its projects. Please check the down payment and the payment schedule for your apartment with the sales team.
What are the prices of property in Alara City Residence from the developer Yekta Homes?
Prices start at €156,000. The cost depends on layout, floor and view, from a 1+1 of 50.40 m² to a 4+2 penthouse of 267.30 m². Please check current layouts and prices with the sales team.
What types of property are there in Alara City Residence?
The complex has 109 apartments: 1+1 (50.40–51.30 m²), 2+1 (94.20–108.20 m²), 3+1 (159.60 m²), 3+2 (191.60–196.40 m²) and 4+2 penthouses (267.30 m²).
Where is Alara City Residence located, and what is near the complex?
The complex is in the center of Mahmutlar in Alanya. Kindergartens and schools are nearby, a bank is 350 m away, a clinic 700 m and a supermarket 1.1 km. The center of Alanya is about 12 km away.
How many meters is it from Alara City Residence to the sea in Mahmutlar?
The complex stands on the Mediterranean coast, and the developer's page puts the shore about 5 minutes away. The exact distance in meters is not published, so please check it with the sales team.
How are the grounds of the Alara City Residence residential complex landscaped and equipped?
The territory is gated, with security staff, video surveillance and access control. The yard has a garden, an outdoor pool, a barbecue area and a children's play area. Underground parking has an elevator.
Who is an apartment in Alara City Residence in Turkey a good fit for?
The 2+1, 3+1 and 3+2 layouts suit year-round living. A 1+1 works for holidays and winter stays, and the spa zone with a hammam and a heated indoor pool adds to the stay. Compact apartments are the usual choice for investment.
What is the completion date of Alara City Residence in Alanya?
Construction began in September 2022, and the complex is still off-plan. The completion date is not stated on the page, so please check the current date with the sales team.
How much does apartment maintenance in Alara City Residence cost per month?
The monthly aidat (maintenance fee) depends on the apartment size and the services of the complex. It goes toward common areas and the management company. Please check the current amount with the sales team.
Can foreigners buy an apartment in Alara City Residence in Turkey?
Yes. The TAPU (title deed) is issued in the foreign buyer's name as full ownership, with the same rights as a Turkish citizen, subject to reciprocity between the countries.
Do I need to open a Turkish bank account to buy an apartment in Alara City Residence?
An account is not needed for the purchase itself, since payment can be sent from abroad. For citizenship, the payment goes through a Turkish bank with a DAB certificate. Yekta Homes helps to open an account.
Can I buy an apartment in Alara City Residence by power of attorney, without being present in person?
Yes, with a notarized power of attorney issued at a Turkish consulate or with an apostille and translation. For a citizenship application, the applicant and spouse give biometrics in person.
How long does the transaction take, including obtaining the TAPU?
TAPU registration takes 1–3 working days after payment, and the whole deal usually takes 1–2 weeks. While the building is under construction, a kat irtifakı (right to the apartment before completion) is issued, and after iskan (occupancy permit) it becomes a full TAPU.
What taxes and fees does a buyer pay when buying an apartment in Alara City Residence?
Tapu harcı (title deed transfer fee) is 4% of the price in the TAPU. Added to it are the cadastral fee, a valuation report and DASK insurance, then a property tax of about 0.2% a year. A nonresident pays no VAT on a first purchase made in foreign currency, provided the property is held for 3 years.
Is DASK insurance mandatory for an apartment in Alara City Residence, and how much does it cost?
Yes, without a DASK policy (compulsory earthquake insurance), the TAPU is not issued. The cost depends on the apartment size, year of construction and seismic zone. Please check the current calculation with the sales team.
What is the rental yield of an apartment in Mahmutlar?
The gross yield on long-term rent in Alanya is about 5.7% a year, and the net yield is 1.5–2 percentage points lower. This is a market benchmark, not a guarantee for a specific apartment.
Can I get a Turkish residence permit through a property investment in Alara City Residence?
Yes. A permit of up to 2 years with renewal is available when the TAPU price reaches USD 200,000 at the central bank rate on the day of the deal. A spouse and children are included, and the area's status is checked before applying.
Can I get Turkish citizenship by buying property in Alara City Residence?
Yes. A purchase from USD 400,000 paid in foreign currency through a Turkish bank (DAB certificate), with a pledge not to sell for 3 years, gives grounds to apply. The state makes the decision, usually within 6–8 months.