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OWNER COSTS  

When purchasing a property in Turkey there are of course a number of fees involved, below is a summary of the costs incurred.

 Initial Outlay

  • Translation of Passport at the Cartography Office: £40 Per passport
  • Notary Costs: £65
  • Ministry of Defence Administration Fee: £125 Per Person
  • Government Mapping Fee: £450

Final Stage Costs

  • Purchase Tax: 3% of purchase price
  • Deeds copied to new owners name: £20
  • Land registry administration fee: £10
  • EKP (Education aid fund): £20
  • DASK (Compulsory Government Insurance): £45
  • Utilities (Changing utilities in to your name): £45
  • New Government Tax; Between £10 - £200 Depends on location & size of property
  • Estate Agent Fee: Normally 3% of the purchase price - when buying direct from the builder through us - No fee is payable

Additional costs to consider

  • Private Insurance (Buildings & Contents) Approx. £150
  • Annual Maintenance charge as set by the builder

Approximate annual ongoing payments

  • Council Rates: £20
  • Council Tax: £15
  • Refuse Tax: £35
  • Property Tax: £12 - £100 Dependent upon property type, area & size of property
  • Earthquake Tax: £10
  • DASK ( Compulsory Government Building insurance): £ 45
  • Electricity/Gas & Water - Dependent on personal consumption

*All the above costs are for guidance purposes only and are subject to change as set by the government

Some of our builders offer incentives towards the purchase costs. A free quotation on the property of your choice can be provided at your request.

 

Mortgages

Mortgages are now available in Turkey , we have a UK contact who can provide you with a free quotation at your request. For more information please contact us