Key costs and taxes when buying property in Turkey

2. Value Added Tax (VAT / KDV)

• - Residential properties: 10%
• - Commercial properties: 20%

However, foreign investors may qualify for VAT exemption if:

• - The full payment is made via international bank transfer, and
• - The buyer hasn’t obtained a Turkish residence permit within the past six months.

These processes must be managed by a licensed attorney, and notarized address documents with apostille are required.

Reptur provides full legal and documentation support for VAT exemption procedures.

3. Mandatory property valuation report

Foreign property purchases require a licensed SPK (Capital Markets Board) valuation report before title registration.

Fees are determined by the Capital Markets Board of Turkey (SPK).

This report ensures your investment is legally verified and officially protected. It is mandatory only for citizenship-related property acquisitions.

4. Utility and infrastructure connection fees

Buyers are responsible for the connection costs of water, electricity, gas, and heating systems.

In new developments, these are usually paid by the contractor and later distributed among property owners.

When ownership or renter changes, subscriptions must be reissued under the new name.

5. Regular payments

Maintenance fee (Aidat):

Covers cleaning, security, facility upkeep, and shared area expenses.

Determined by the site management and updated annually based on inflation.

Revolving fund (Döner Sermaye):

A fixed environmental charge collected by the state and distributed among property owners.

Common assets contribution (Demirbaş):

Covers furniture, equipment, or appliance costs in shared areas. Paid only by property owners.

6. Notary services

For investors who can’t speak Turkish, all notary procedures must be completed with a certified sworn translator.

A notarized Turkish translation of your passport is required.

Separate notarized documents are issued for transactions such as title transfer, power of attorney, or lease agreements.

Reptur assists with appointment scheduling, translation, and document handling to ensure a seamless process.

7. Annual property tax

The annual property tax rate is 0.2% of the property’s cadastral value.

Payment options:

• - One annual payment, or
• - Two installments (by the end of May and November).

Payment channels:

• - At the municipality where the property is registered, or
• - Online via e-Government (e-Devlet) portal.

Reptur keeps you informed about current rates and payment deadlines, so you never miss an update.