Costs & Fees

When buying property in Turkey you should factor in the following extra costs and fees (please note the following figures are an approximation only and are offered as a guide upon which you can base your final budget; for up to date figures speak to your real estate agent and solicitor) :
• Solicitor’s fees - £500
• Translation costs & Notary fees - £150
• Initial purchase tax - 3% of the (declared) purchase price
• Annual purchase tax - Approx 0.5% of the (declared) purchase price
• Government tax - Approx. £100
• Utilities connection charges - £250
• Earthquake insurance - price depends on the property and its location but this insurance is compulsory in many areas
• Maintenance charges - these apply to properties that share communal facilities and can vary from as little as £80 - £750 annually