Property in Turkey
Own property in Turkey from abroad? A practical guide to property management services — what they cost, what they actually do, how to find a reliable company, short-term rental permit compliance, and what your management contract must include to protect your investment.
Property · Ask the Turkey assistant
Quick Answer
Property management in Turkey costs roughly 6–20% of rent for long-term rentals and 18–35% of revenue for holiday/Airbnb-style management — there is no regulator that fixes these rates. Non-resident foreign owners almost always need a local property manager to handle maintenance, tenant issues, aidat payments, short-term rental permit compliance, and tax filing. Service quality varies enormously, so always get references from current clients before signing a management contract.
Turkey has no dedicated licensing regime for "property management" as a standalone profession, so no official body publishes a standard fee tariff the way it does for real estate agency commissions. The figures below reflect commonly reported market ranges rather than a fixed legal rate — always get a written quote for your specific property before assuming a percentage.
| Service Level | Long-Term Rental Fee | Short-Term / Holiday Fee | What's Typically Included |
|---|---|---|---|
| Basic (letting only) | 6–8% of rent | — | Tenant finding, basic contract, key handover |
| Standard | 10–12% of rent | 18–22% of revenue | + Rent collection, maintenance coordination, basic reporting |
| Full-service | 12–15% of rent | 22–28% of revenue | + Aidat, tax coord., permit/POLNET compliance, guest management (for ST) |
| Premium (boutique) | 15–20% of rent | 25–35% of revenue | + Multilingual support, dedicated account manager, full reporting |
"Full-service" means different things to different companies — always check off the specific items below rather than relying on the label alone.
If you plan to let your property on a short-term basis (Airbnb-style, to tourists), Turkey's short-term rental licensing rules apply on top of everything above. Under Law No. 7464, in force since 1 January 2024, a residential unit cannot legally be rented to tourists without a Tourism Purpose Rental Permit issued by the Ministry of Culture and Tourism (Kültür ve Turizm Bakanlığı), plus a plaque displayed at the unit confirming registered status.
100-day threshold
Stays of up to 100 days fall under the short-term/tourism rental regime. Arrangements longer than 100 consecutive days to the same tenant are treated as an ordinary residential tenancy instead, outside this permit requirement.
Unanimous building consent
In condominium (kat mülkiyeti) buildings, written consent from every other flat owner is generally required before the permit is granted — in practice, the single biggest obstacle to listing a unit in a shared building.
POLNET guest registration
Every guest's stay must be registered with the police system per Turkey's identity-notification rules, regardless of nationality. A local manager is normally the only realistic way to keep this current for an owner based abroad.
Permit stays with the property, not indefinitely
Compliance is an ongoing obligation, not a one-off filing — a management company experienced with holiday lets should track renewal and re-confirm the plaque/permit remains valid.
This is a summary for property-management purposes only — see the full Airbnb laws in Turkey guide for licensing steps, penalties, and building-association considerations in detail.
Scope of services — explicit list
A specific list of what is included and what is excluded. "Full service" means different things to different companies.
Management fee — percentage and calculation basis
Is the fee on gross collected rent, or on net after deductions? This distinction can be significant.
Maintenance expenditure authority level
The manager should have authority to spend up to a defined amount without owner approval, with everything above requiring written consent — agree the threshold explicitly rather than leaving it open-ended.
Income remittance schedule
When and how rental income is remitted to you. Monthly is standard. Specify the bank account and currency.
Segregated client account
Your rental income must be held separately from the management company's operating funds. Mixing funds is a major red flag.
Reporting obligations
Monthly or quarterly income and expense statements. Full annual summary for tax filing.
Deposit custody
State clearly who holds the tenant's deposit, in what type of account, and the conditions under which it can be withheld at the end of the tenancy.
Termination notice period
30–90 days is standard. Ensure you can exit the contract if service quality is poor without excessive penalty.
Property management itself is not a licensed profession in Turkey — the contract is governed by the general agency (vekalet) provisions of the Turkish Code of Obligations, so a well-drafted written contract is your main legal protection. It's worth having a property lawyer review it before you sign.
Owners sometimes conflate the two, but Turkish rules treat them very differently. A real estate agent (emlakçı) handles a one-off transaction — finding you a tenant or a buyer — and must hold a "yetki belgesi" (authorisation certificate) under the Regulation on Real Estate Trade (Taşınmaz Ticareti Hakkında Yönetmelik, in force since 2018), issued through the provincial Directorate of Trade. Their commission is capped by that regulation. A property manager provides an ongoing service for the life of the tenancy and is not subject to the same capped-fee rule or licensing regime — unless the same company also brokers the lease or sale, in which case it needs the agent's authorisation too.
See the full real estate agent commission guide for how the capped commission is split between owner and tenant/buyer in practice.
Turkish residential rental income (kira geliri) carries an annual tax-free exemption before any tax is due — roughly ₺47,000 for 2025 rental income (declared in 2026) and ₺58,000 for 2026 rental income (declared in 2027), per the Revenue Administration's (Gelir İdaresi Başkanlığı, GİB) published figures; check gib.gov.tr's Hazır Beyan Sistemi for the exact current-year amount, since it is revalued annually. Above that threshold, you choose one of two expense-deduction methods for the whole tax return:
Whichever method you choose applies to all your Turkish rental properties collectively, not per property. See Rental Income in Turkey for the full tax return walkthrough and current tax brackets, and Taxes for Expats for how this fits into your broader Turkish tax picture.
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Non-resident, single long-term rental apartment
Recommended level
Standard tier
You need rent collection, maintenance coordination, and aidat tracking, but not the extra cost of holiday-let guest management.
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Non-resident, holiday/Airbnb-style rental
Recommended level
Full-service or premium tier
Permit compliance, POLNET guest registration, and guest turnover realistically require a local manager who does this daily — this is not a place to economise.
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Resident owner living nearby
Recommended level
Self-manage or basic tier
You can respond to maintenance calls and handle aidat yourself; a basic tenant-finding service may still be worth the fee to avoid vetting hassle.
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Owner with a multi-unit portfolio
Recommended level
Full-service with a dedicated account manager
Consolidated reporting across units and a single point of contact save far more time than the marginal fee difference costs.
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Owner planning to sell within 1–2 years
Recommended level
Basic tier, short contract term
Avoid locking into a long management contract or heavy fee structure on a property you don't intend to hold long-term.
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Owner with limited Turkish language/experience
Recommended level
Full-service, English-speaking manager
The extra cost buys you a manager who can navigate aidat disputes, permit paperwork, and tax filing coordination on your behalf.
Maximising Your Rental Return
A good management company is only part of the equation. You also need to understand how Turkish rental income tax works as a non-resident landlord, and whether short-term rentals via platforms like Airbnb are permitted for your property type — Turkey's Airbnb licensing rules have been enforced with increasing intensity since Law No. 7464 took effect in 2024.
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Property management fees in Turkey typically range from 6–20% of collected rent for long-term rental properties, and 18–35% of holiday-rental revenue for short-term/Airbnb-style management. There is no regulator that sets these fees — Turkey has no licensing regime specific to "property management" the way it does for real estate brokerage — so the range reflects real differences in service quality and portfolio size rather than a fixed tariff. Budget operators in tourist cities often sit at the low end for long-term lets; full-service holiday-rental managers who also handle POLNET guest registration and permit compliance sit at the high end.
A full-service property management company in Turkey typically handles: tenant finding and vetting, a notarised rental contract, rent collection, maintenance coordination and emergency response, aidat and utility payment, annual tax filing coordination, municipal/building registration upkeep, inventory/condition reports, key holding, and — for short-term rentals — guest check-in/out and mandatory police (POLNET) guest registration. Budget management companies may only cover tenant finding and basic rent collection, so always request the exact scope in writing before comparing prices between companies.
For non-resident foreign owners, professional property management is close to a practical necessity. Without a local presence, resolving tenant issues, coordinating repairs, tracking aidat, and meeting short-term-rental compliance obligations remotely is very difficult. The cost of poor management — unpaid aidat, a lapsed rental permit, an unresolved maintenance dispute — typically exceeds the management fee itself. For short-term/holiday lets specifically, a local manager is close to essential because guest registration (POLNET) and the tourism rental permit both require an in-country presence able to respond within short deadlines.
Aidat is the monthly building service charge set by the site yönetimi (the residents' association) under Turkey's Flat Ownership Law (Kat Mülkiyeti Kanunu, No. 634). It funds cleaning, security, communal-area maintenance, and building insurance. Aidat is legally the owner's obligation, not the tenant's, in the great majority of Turkish leases. Reported ranges vary widely by building type — roughly $20–40/month for a basic apartment building with no shared amenities, rising to $40–80/month for a mid-range site with a pool and security, and $80–200+/month for a luxury site with concierge, gym, and spa services. These are market-observed approximations, not statutory figures, since aidat amounts are set by owner-vote at each building's annual meeting, not by national law. A full-service manager tracks and pays aidat from rental income on your behalf; unpaid aidat can lead to legal action by the building management, including a lien-like claim against the unit.
Useful sources: (1) expat forums and property-owner groups, where direct recommendations from owners using the same manager carry more weight than marketing copy; (2) local real estate agents who also offer management — though note the conflict of interest if they also sold you the property; (3) directories of established management companies operating in your specific city (see the Turkey-wide directory further down this page); (4) a property lawyer, who can usually recommend trustworthy managers they have worked with on other clients' files. Always request references from at least two or three current clients, and ask specifically how they handle late rent, maintenance emergencies, and end-of-tenancy deposit disputes before signing anything.
A properly structured contract should specify: the exact scope of services included and excluded, the management fee percentage and whether it is calculated on gross or net rent, the schedule for remitting rental income to the owner, a defined spending threshold the manager can authorise without prior approval (e.g. up to ₺5,000–10,000, adjusted for current cost levels), monthly or quarterly reporting obligations, the notice period and conditions for termination, and — critically — who holds the tenant's deposit and in what type of account. Because property management itself is not a licensed profession in Turkey, the written contract (governed by the general agency/vekalet provisions of the Turkish Code of Obligations) is your main legal protection, so it is worth having a property lawyer review it before signing.
Typical flow: the management company collects rent from the tenant, deducts its management fee plus any pre-authorised maintenance costs and aidat, and transfers the net balance to your nominated bank account — usually monthly. For non-resident owners this is normally a Turkish bank account in your name, though some managers can arrange an international transfer. Always confirm in the contract that your rental income is held in a client account segregated from the company's own operating funds; mixing the two is a significant red flag when vetting a manager.
Yes, if you use the actual-expense method (gerçek gider) for your Turkish rental income declaration: documented property management fees, along with maintenance, insurance, mortgage interest, and property tax, are deductible against rental income, and you must keep the invoices/receipts as proof. If you instead use the lump-sum method (götürü gider), a flat 15% of your gross rental income (after the annual residential exemption is applied) is deducted automatically, and no itemised expenses — including management fees — can be claimed separately on top of that. You cannot mix the two methods, and once you elect the lump-sum method you cannot switch to the actual-expense method until two years have passed — so choose deliberately (switching from actual-expense to lump-sum, by contrast, is not restricted in the same way).
Yes. Since Law No. 7464 took effect on 1 January 2024, renting a residential unit to tourists on a short-term basis requires a Tourism Purpose Rental Permit from the Ministry of Culture and Tourism, in addition to a plaque displayed at the property confirming its registered status. Stays of up to 100 days fall under this short-term regime; arrangements longer than 100 consecutive days to the same tenant are treated as ordinary residential tenancies instead. In condominium buildings, unanimous written consent from every other flat owner is generally required before the permit can be issued — in practice, this is the single biggest obstacle for owners wanting to list a unit in a shared building. A property manager experienced with holiday lets typically handles the permit application, the building-consent process, and the ongoing POLNET guest registration that Turkish law requires for every stay.
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