Where Are the Best Places to Invest in Turkish Real Estate?
Istanbul- Turkey’s financial hub, ranking 6th in Europe for early-stage investments in 2022.
Antalya- A prime tourism hotspot with strong short-term rental demand and strategic location.
Bodrum– A luxury coastal destination ideal for high-end villa investments.
Izmir- A rapidly growing city with rising property values and a strategic position.
What Are the Additional Costs of Buying Property in Turkey?
- Title Deed Transfer Tax: 4%-10% of the property price
- Legal & Notary Fees: $3,000 – $5000.
- Property Valuation Report: $200 – $400.
- Compulsory Earthquake Insurance (DASK): $50 – $200 per year.
- Utility Connection Fees: Up to $500.
- Annual Property Tax: 0.1% – 0.6% of property value
- VAT: 1% – 18%
Understanding all financial aspects before investing ensures a smooth transaction with no hidden costs.
Get a personalized investment cost analysis from our experts today.
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