Expenses of Property Purchase in Turkey,İstanbul Properties The expenses of buying property in Turkey

Additional costs associated with the paperwork when buying property in Turkey are listed below. Here contains only the approximate cost of services because of the exact amounts in government institutions are defined, depending on the type and the real estate sector. 1. Purchase tax 4.0% of the declared value of the property in the Land Register (the amount stated in the Tapu Office is lower than the property value and approximately between 500 to 1.500 euros). 2. The fee for the document Tapu - 65 euros; 3. Translation of passports + Certification: - 50 Euro; 4. Translation services (after receipt Tapu in the land registry) - 75 Euro; 5. registation of meter: about 100 euros (existing connection transfer to your name is 30 Euro) 6. Registration of water meter: 100 euro; 7. Request for a residence permit for 1 year - € 150
Annual costs: 1. Annual property tax: (depending on the environment, such as real estate) taken into account, the rate of 0.1% per annum of the value of the property; 2. Insurance Property: about 100 euros per year (depending on the type of insurance), all just usually paid if you make a first time, then at will.
You also need to know that all these procedures are pursued by Maximos Real Estate, a government fees and related services (notary, translator) must pay. This routine causes you experience any discomfort.
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