Please have a look at below “Frequent Asked questıons
A: After the new reciprocity law in 2012, many of old purchasing restrictions have been changed and most nationalities now are capable to purchase properties in Turkey
A: When you buy ready apartment in Turkey, the process of transferring the ownership (title deed) normally vary from 1 to 6 working days.
A: “Purchasing process”
A: Onetime expenses: , Purchase Tax 4% , VAT 1% ,Stamp Tax 0.945% , Gas, water and electricity registration (Approx. 1450 TL) Periodic expenses: • Annual insurance Maximum 100 USD APROX. 200 TL • Monthly expenses (including social facilities, maintenance, security…) from 0.5$ to 2$ per Square Meter. This cost vary depending on the project. • Annual property tax 0.1%
A: Yes, you will have the right to apply for long term resident permit (1) year resident permit, and you will need to renew the permit before one month of the expiry date.
A: Property taxes are paid each year on the tax values of land and buildings at rates varying from 0.1% to 0.3%.
6% to 8% for economic and middle class projects and 3% to 4% for luxury and expensive projects .
This post is also available in: Arabic