Property in Turkey Turkey Real Estate For Sale
 
Homepage
About Us
Contact Us
 
Antalya Property For Rent Turkey Antalya Apartment For Sale Turkey Antalya Villa For Sale Turkey Antalya Land For Sale Turkey Antalya Hotel For Sale Turkey Turkey Location Guide Turkey Property Buying Guide Turkey Property Advice Information About Turkey
Search Properties Turkey
 
Antalya Land For Sale
Real Estate Turkey
€ 200,000

VILLA ZONED LAND for sale in Hurma Antalya seaside property resort. Located 1 km to the turkish ...
Kemer Land For Sale
Real Estate Turkey
€ 36,500,000

HOTEL ZONED LAND in Goynuk Kemer hotspot & beach property resort. 150 m to the turkish mediterr ...
Alanya Land For Sale
Real Estate Turkey
€ 800,000

BEACH HOTEL LAND for sale in alara Alanya seaside real estate resort. 100m to the turkish medit ...
  Join Our Newsletter
 
 
Online Turkey Weather

more Antalya weather...
  Join for property updates..
 
» Where to buy property
» Who can buy property
» Turkish Residence Permit
» Turkish language lessons

FINANCIAL ADVICE

tax turkey
 
 

Tax and costs To Buy Real Estate in Turkey

In general terms, allow about 4% to 10% extra to cover your tax liabilities and miscellaneous costs to buy any property in Turkey. This will cover a one-time stamp duty tax of 4% of the property price (paid once whether a car, boat, house or land) that has to be paid to the Turkish government bank via the land registry office; 1% charge for obtaining copies of the 'Tapu'; and for connections to local utilities, and 2% fee for lawyer and legal services.

You can also expect to pay your turkish estate agent a commission of 3% of the property sale for the finders fee.

 

Additional yearly real estate tax

Once you own the property, whether you are a foreigner citizen or turkish citizen there is a yearly property tax 'emlak vergi' that must be paid to the local municipality, that equals to 0.003% of the property value 'rayic' on the tapu copy. For example you own a real estate value worth 'rayic' for 100.000 Euro, you would pay only 300 Euro emlak vergisi. Any sanitary tax is paid within the water bill.

 

Capital gains tax on real estate sold

Capital gains tax, or 'gelir vergi' must be paid when the property is sold, if you sell within the first 5 years of purchase. It is calculated as 35% of the difference between the present value of the property and it's value when last sold. Turkish law does not specify who is liable for this tax so it's very important to include this in your negotiations and to have the agreement documented by a lawyer.

If any property is sold after 5 years after purchased by law you are tax free, no questions asked. So for example should one buy a real estate for 100.000 Euro and sell it for 200.000 Euro after 5 years, there is no tax applicable to the gains.

 
 
 

Click for further help and advice

 
»

Mortgages in Turkey

»

Turkish bank account

»

Tax considerations

»

Notary in Turkey

»

Glossary of Turkish legal terms

»

Foreign currency exchange

» Legal Advice    
 
 
 
Banner
Luxury Kas Property For SaleBuy Kalkan Property For Sale Fethiye Property For Sale
Line
Copyright © 2002 - 2017. Turkish Property World ® Turkey Real Estate Agents. All Rights Reserved | Sitemap | Privacy | Terms of use
 
Rent Antalya Homes and Apartments, Turkey
 
Rent-A-Car Turkey Agent
 
Belek Golf Houses For Sale, Antalya
 
Buy Antalya Properties, Turkey
 
Turkish Real Estate For Sale, Turkey