According to the announced information and statistics, Turkey is currently known as the main destination of Iranian immigration. One of the simple ways to get Stay in Türkiye، Buying property in this country. When you decide toBuying property in TürkiyeYou will get this question costs How much will be the cost of buying a house in Türkiye? The side costs of buying a property in Turkey, in addition to the main cost, is a very important and fundamental issue.
In this article, all the side costs of buying a property in Turkey have been examined.
The cost of documenting
Document registration costs are one of the most important side costs of buying a property in Turkey. In this type, an amount equal to 4% of the total value of the property must be paid to the registry office. Payment of this fee is usually divided between the buyer and the seller. Depending on your agreement, only one party may accept this amount.
VAT or KDV
Other side costs of buying a property in Turkey include the cost of VAT. Factors such as the area of the property, the location and geographical location of the property and the year of completion are involved in determining it. This amount usually includes something between 1 and 18% of the total value of the property and of course it is paid by the buyer.
Property fee for translator and translator
One of the side costs of buying a property in Turkey, which is usually very important for foreign buyers, is the cost of the property expertise (expertise report). Buyers who buy property in Turkey are required to submit an expert report on the actual value of the property to the registry office before documenting it.
In addition, if the foreign buyer is not fluent in Turkish, it is necessary to bring a sworn translator when documenting, which of course will come at a separate cost.
Buy meters and subscriptions
If the property you bought is not zero and key, you need to buy a water, electricity and gas meter in your name. Otherwise, if your property is not zero, after the purchase you only need to change the electricity, water or gas subscription to your name.
A few more tips on the side costs of buying a home in Turkey
After January 2020, approximately 4% of the total value of the property must be paid to the Land Registry and Cadastre Office (TAPU VE KADASTRO) as a transfer tax. This cost is shared equally between the buyer and the seller. This amount is zero and no key for the new house. On the other hand, if the purchased house is not zero, all this cost, according to the price and custom of the day, must be paid by the buyer.
General information about Türkiye
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