Costs when buying and owning a property in Turkey.

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Summer Home Real Estate gives you all the information you need to know about the costs of buying and owning a property in Turkey.

Costs that accrue once

  • Power of attorney
    A power of attorney from Notarius Publicus costs about 100 Euro including a translator.
  • TAPU
    4% of the assessed value.
  • Iskan/Completion certificate
    Only for new properties and starts at 350 Euro. The prices depend on the size and location of the property.
  • Connections fees for subscriptions
    Electricity connection
    New connection: approx. 100 Euro
    Name transfer of an existing connection: approx. 30 Euro
    Water connection
    New connection: approx. 100 Euro
    Name transfer of an existing connection: approx. 30 Euro

Operating costs:

  • Property tax (Emlak vergisi)
    0, 02% of the value of the property reported to the authority pays once a year. The yearly property tax in Alanya for a 2-bedroom apartment is approx. 100 Euro.
  • Aydat
    Monthly fee for keeping the building/complex maintains
    30-80 € depending on the facilities of the complex
  • Electricity
    0,45 TL per kWh
  • Water
    0- 10 m3 = 4,37 TL/moths
    11-20 m3 =6,40 TL/month
    More than 21 m3 = 9,31 TL/ month
Observe! Costs may change!
Extra expenses:

This might be facilities you want to add to your property. These prices vary depending on what kind of deal you want with the supplier.

  • Wi-Fi
  • Mobilphone
  • Landline
  • ADSL
  • Extra TV- packet