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Buying Your Home
Your step-by-step guide to owning property in Turkey
Before you make plans for Turkey to view our stunning rang of apartments, villas and
penthouses, a little more home work required. Essentially, there are four parts to do buying
process. By knowing in advance what the payment plan and cost of the ownership will be
you will be better place to make a decision.
Paying for your new home (payment plan)
Holding deposit on signature of contract.
This is a non-refundable builder’s deposit |
£2500 |
After 30 days from the contract date |
35% |
After 90 days from the contract date |
35% |
On completion |
Balance outstanding |
Additional costs of purchasing
Based on a buying price of £50k
| Property tax |
Approximately 0.5% based on a sale price |
£250 |
| National sale tax |
Approximately 3% based on a sale price |
£1500 |
| Regional government tax |
this depended on the size of the property |
£400 |
| Legal fees |
preparing the title deed, registering the property sale, solicitor’s fee and notary fees |
£300 |
| Connection charges |
Water, electric, gas and drainage connections |
£250 |
| |
Total additional cost |
£2700 |
Legal advice
We strongly recommend you that employ a local lower with experienced in Turkish
property sale. Should you find you a property that you would like to buy; we will
introduce you to an independence firm that will act on your behalf. There fees have
been included in our "additional costs of purchasing"
On-going costs of ownership
Don’t forget that once you are the legal owner of your free hold home overseas
there are annual costs associated with running the property.
| Community fees |
payable for pool maintenance, communal lightning, gardening and security |
£400 |
| Local council tax |
similar to the Uk, this is for rubbish collection, street cleaning and street lighting |
£20 |
| National property tax |
This is link to the type of property and the location. Approximately 0.5% |
£250 |
| Insurance |
Building and contents cover. This value is varying it depending on contents and type of coverage. |
£200 |
| Electricity and water |
Annual cost of using utilities |
£250 |
| |
Total annual running costs |
£1120 |
These costs estimates and for guidance only as taxes and connections fees can vary
depending on location and size of the property.
Superb Appartments
Start From £28,000
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Sea Side apartments
Start From £47,000
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Crette properties
Start From €110,000
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