pldouglas

If we wanted to sell our villa (which we have only had for about a year) what is the best way to transfer some of the money back to UK and how easy is it to do this? Also, we know we have to pay 10% capital gains tax,(plus the 3% agents fees) is this on the whole amount we get for the villa or just any profit we might make?

no-nem

A capital gain is the difference between your costs and your profits the difference is your gain. ie buy for 1000 and sell for 1250 your capital gain is 250.

pldouglas

Thanks for that, I now feel a total prat because I did actually know that, just couldn't get the words right! (must be something to do with being buffeted by 60 mph gales today!)
What I actually meant to ask, apart from the best way to get money back to UK, is are there any other property taxes to pay when selling in Turkey - always assuming we can sell of course!