Turkey's Annual Property Tax
Purchasing and owning a property in Turkey imposes Taxes paid for the governing state of the property’s location, these property taxes are mandatory on Turks and foreigners alike, with some exemptions.
The property taxes in Turkey are:
1- Tapu tax, (Title Deed tax), which is 4% of the property's value. - Paid only once.
2- VAT, which is normally 18% of the property's value. - Paid only once.
4- Annual Property Tax
This article focuses on the Annual Property Tax in Turkey, its value, and who is exempted from it.
Annual Property Tax in Turkey:
Owning a property in Turkey of any type whether a house, land, office, shop, etc… obliges you to pay the annual tax. It is not possible to give a fixed percentage of the amount of the annual property tax in Turkey as its amount differs from a property to another, depending on the property’s value, location, the governing municipality, and its type as well (commercial or residential), all these factors play an important role in determining the annual property tax’s value in Turkey.
How to pay the Annual Property Tax in Turkey?
1- By going to the municipality’s division and paying taxes directly.
2- Via any PTT branch, which is an official post office found all around Turkey’s neighborhoods.
3- Via the electronic government website: E-Devlet.
Who is exempted from paying the annual property tax in Turkey?
The Turkish law exempts the following individuals from paying the annual property tax *under certain conditions:
4- Direct relations to veterans and martyrs.
The conditions broadly state that the exempted owners must be owning only one property no larger than 200 square meters without having any shares in other dwellings.
TDA Turkey Dreams Apartment | KAMIRAN
TDA specializes in Turkey’s real estate market.
Our motto: “A safe investment for life” is a reflection of our determination for providing the best services within Istanbul’s real estate markets.
The following lines will give you an abstract of our principles, our journey, and why TDA stands out in this domain.
TDA’s YouTube Channel:
TDA started in 2013, our channel was the first of its kind specializing in Turkey’s Real Estate Market. With passion and insistence, our humble beginnings, and equipment developed over the years, we now have a 4K technology for our videos allowing us to display our vision as vividly as possible for our subscribers of 103k.
TDA broke Real Estate Market’s boundaries, instead of keeping the project’s information discrete, we provide all data of the real estate project, inspect all details, advantages, and disadvantages to be as transparent as possible with our clients.
Based on our long experience and vast knowledge; we set 5 main standards to evaluate each project, and not one project has yet to meet them by 100%.
TDA’s Aerial View:
Our drones fly all over Istanbul’s sky to capture the best, most inclusive scope of the property’s project and surroundings in 4K technology.
Providing Quality Services
Exposing Property Scams
Build a diverse family of various backgrounds and goals within our employees and clients.
On our Email: email@example.com
Our number: 00905367779629
Or we are honoured to welcome you in our office at