Here is a survey of possible costs, if you buy a real estate in Turkey.
It is our goal to keep your costs as low as possible for our clients.
1. Property purchase tax.
It is charged once when registering the title deed and is 4% of the cadastral value stated in the Tapu (title deed).
The cadastral value is often lower than the market value.
2. Bank statement on currency exchange,
Döviz Alım Belgesi. It is necessary to confirm the buyer's solvency. Read more about the statement here: https://ivm-turkey.com/index.php?id=3273&dil=1
3. Government fees, insurance fees, expenses charged by the city and cadastral offices.
4. Services of a sworn translator at the cadastral office 100 EUR.
5. If necessary, notary fees for issuing a power of attorney for the execution of documents, approx. 250 EUR.
6. Earthquake insurance for the purchased property 5-15 EUR.
7. Registration of ISKAN / technical passport for the purchased property (if not available) 400 - 500 EUR.
8. Company services for registration of ISKAN 50 EUR.
9. Connecting an electricity meter:
new meter
about 50 EUR
re-registration to another name
30 - 40 EUR
10. Connecting a water meter:
new meter
50 EUR - 210 EUR
re-registration to another name
20 - 170 EUR
Further current expenses.
Electricity consumption.
Depending on the volume of consumption
up to 240 kW / 1 kW / 2.07 - 0.05 EUR
more than 240 kW / 1 kW / 2.65 - 0.07 EUR
Water consumption.
Consumption up to 5 m3 10 TL/m3 / 0.26 EUR
Consumption from 5 to 20 m3 20.47 TL/m3 / 0.60 EUR
Consumption from 21 to 40 m3 50.34 TL/m3 / 1.32 EUR
Consumption over 40 m3 71.93 TL/m3 / 1.90 EUR
Annual property tax.
residential property 0.2% - 0.4% of the assessed value indicated in the tapu.
commercial property 0.4% of the assessed value indicated in the tapu.
land plots for development 0.6% of the assessed value indicated in the tapu.
land plots without planning permission (agricultural land) 0.2% of the assessed value indicated in the tapu.
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IMPORTANT
Real estate insurance DASK.The difference between compulsory and optional insurance in Alanya.
DASK - compulsory insurance
By buying property in Turkey, you can get a citizenship.
Turkish citizenship
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Future-oriented districts in Alanya
Residence permit in Turkey
Amendments were made to Law "On Immigration" No. 6458, on the basis of which 1169 regions of Turkey were closed for obtaining a residence permit from 01.07.2022, since the number of foreign citizens in these regions is 20% in relation to Turkish ones exceeds citizens.
Changes for Obtaining a Residence Permit in Turkey in 2022
Visa-free with residence permit.
Residence permit in Turkey
What taxes do you pay in Turkey?
Real estate taxes in Turkey
In our previous articles we reported on the entry into force of new regulations for the rental of real estate
The new properties in Alanya and in the regions are sold ready to move into.
Standard equipment of apartments
What is Iskan and what is it used for?
Document Iskan
INTERESTING
A park in the mountains with a wonderful view of the coast.
I love Alanya
One of the best-preserved ancient shipyards in the Mediterranean.
Antique shipyard in Alanya
This building is depicted on the flag of the city.
The Red Tower
The area around the Dimcay River is one of the wonderful places in Alanya.
Dimcay, summer paradise in Alanya
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Museums card
Unusual combination! ,, An echo from the past, between new residential complexes.
The ancient city of Naula in Mahmutlar
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The ancient fortress of Alanya
The ancient city of Syedra is 20 km east of the city center.
The ancient city of Syedra, Alanya
Sapadere Canyon is one of the most visited places in Alanya. This is an interesting place for all nature lovers.
Sapadere Canyon in Alanya