How much does it cost to buy a property in Turkey ?

There'll be typically variable costs and fixed costs when purchasing your property in Turkey.

Variable costs

Total sales tax in 2019 (buyer's + seller's): 3% until 31.12.2019, 4% as from 01.01.2020

Broker commission fee: 3%

Appraisal Report:: depending on the size of the property and the location between 1.000–2.500 TL

Fixed costs

(Please note that some of the fees below are listed in Turkish Lira)

Earthquake insurance: 175 TL – 250 TL depending on the size of the property

Land registry fee (doner sermaye) : 260 TL

Land registry stamp duty : 485 TL

Notary fees for power of attorney documents: 600 TL
With these documents your solicitor or we can sign on your behalf for the title deed transfer in your name and also sign your electricity and water subscription contracts.

Electricity & water subscription fees and deposits: 800 TL