Purchase 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 Costs

 

Translation of Passport at the Cartography Office:                   £40 per passport

Notary Costs(Power of Attorney) & Translator Fee:                  £125

(Or just Translator fee if representing yourself at completion 300ytl)

For costs based on obtaining a Power of Attorney in the UK please contact us

 

 

Final Stage Costs

 

Purchase Tax 4% of Declared amount**:        

                                                                                                           £(Roughly calculate 4% of 90% of Purchase price)

Solicitors Fees (Average 1% or £600):                                          £600

Survey                                                                                               £220

Duty Tax 2:                                                                                        £100

Paperwork Fees:                                                                              £60

DASK (Compulsory Government Insurance):                              £35 - £90

Estate Agent Fees 3% of Purchase Price:                  £

 

Other Considerations

Private Insurance (Buildings & Contents) Approx. £100 -  £200 per annum

 

Approximate annual ongoing payments

Annual maintenance fee – Compulsory if part of a complex and price varies depending on the type of property and complex usually between £350 - £850 for an apartment and £650 to £1500 for a Villa.

 

Council Rates & Property taxes are payable May & November and cost approximately £90 per annum, Dependent upon property type, area & size of property - Paid at the local Post Office by presenting a copy of your TAPU.

DASK (Compulsory Government Building insurance): £ 35 - £90 (Varies depending on size and age of property) - Paid annually, just add it on to your own Buildings and contents insurance 

Electricity/Gas & Water – Dependent on personal consumption.  A deposit of 180ytl Electric & 120YTL water is required by the Utilities Companies when registering new ownership - These can be paid by cash at the Post Office or by Direct Debit.

 

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

Please contact us for a quote based on your chosen property 

Select Properties Turkey 
43a Cumhuriyet Cad. Hisaronu, Oludeniz Mah
Fethiye Mugla 48300 Turkey

Tel: 0090 533 698 0309
or:  0090 530 409 2614
UK: 0843 103 0525 (BT 4p/Min)
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SELECT PROPERTIES TURKEY IS REGISTERED IN FETHIYE TURKEY OPERATING UNDER ESTATE AGENTS LICENCE REGISTERED AS ELITE EMLAK J.SEYREK