Annual costs in Turkey

Property in Turkey at Alanya on
The Turkish Riviera

property to buy turkey

Basic running costs of a property in Turkey.

Property in Turkey at
Alanya on The Turkish Riviera

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Basic annual costs

The tax amount relates to the property value stated in the tapu. Conveyance tax is fixed, based on the value and location of the property and is paid at the Ziraat bank.

Conveyance tax = 3 %

Yearly tax thereafter = 0,1 %

Legal costs

Costs of registration at the Land Registry Office. = 45 €

Sworn interpreter = 55 €

The presence of a sworn interpreter during the registration at the Land Registry Office is required by law. The translation is confirmed by the interpreter’s signature.

Costs for the official Tapu approval by Izmir = 30 €

Costs of electricity, water and telephone

Registration of a new connection (once only) = 96 €

Transfer of an existing connection (once only) = 19 €

Costs per kWh up to 150kWh = 0,11 €

starting from 150 kWh upwards = 0,17 €

Monthly contribution = 0,00 €

Water

Registration of a new connection (only once) = 62 €

Transfer of an existing connection (once only) = 93 €

Costs per mł up to 20 mł = 0,31 €

starting from 21 up to 40mł = 0,47 €

starting from 41mł upwards = 0,87 €

Monthly contribution = 0,87 €

Telephone

Registration of a telephone connection = 7,75 €

Costs per unit = 0,04 €

Monthly contribution = 9 €

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