Buyer Tools

Turkey Property Purchase Cost Calculator

Understand the true cost of buying property in Türkiye — purchase price plus every fee, tax, and charge, broken down clearly.

Property Details

$

Foreign buyers paying in foreign currency qualify for VAT exemption on new builds.

$/mo

One-Time Purchase Costs

Purchase Price$250,000
Title Deed Tax (Tapu Harcı)

4% of purchase price

2% buyer + 2% seller — in new developments, buyers typically cover the full 4%.

$10,000
VAT / KDVExempt

Foreign FX buyer — KDV Exempt (Art. 13/i)

Foreign buyers paying in foreign currency are exempt from VAT on new residential properties under Turkish law — a significant saving.

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Property Valuation Report (Ekspertiz)

Required for all foreign buyers since 2019

Must be carried out by a certified appraiser licensed by SPK (Capital Markets Board).

$175
Notary, Translation & Document Fees

Apostille, sworn translation, interpreter

$450
DASK Earthquake Insurance (1st year)

Mandatory by law for all properties

Renews annually. Covers structural damage from earthquakes. Premium depends on location, building age, and construction type.

$110
Total One-Time Fees$10,735

Grand Total

Price + all one-time fees

$260,735

Annual Ongoing Costs

Property Tax (Emlak Vergisi)

0.1% of declared value · residential

Paid in 2 installments: May and November

$250/yr

DASK Earthquake Insurance (annual)

Mandatory renewal — estimate

$85/yr
Total Annual Costs$335/yr

Important Notes

  • Title deed tax is calculated on the declared price — some sellers declare below market value (this carries legal risk).
  • VAT exemption for foreign buyers requires payment in foreign currency transferred via a Turkish bank. Keep your transfer receipt.
  • Capital gains tax: 15% on profits if sold within 5 years. After 5 years — fully exempt.
  • Rental income tax starts at 15% (progressive to 40%). First ₺21,000/year is tax-free (2024).
  • Exchange rates used for flat fee estimates: 1 USD ≈ 33 TRY · 1 USD ≈ 1/0.93 EUR