The real estate taxes imposed by the Turkish government do not conflict with the facilities provided by the government, but it is also a competitive advantage, and strong facilities when compared to the real estate taxes of any other country. Real estate taxes in Turkey are divided into three types:
One-time taxes only.
Taxes paid once a year.
Taxes paid monthly. ( AIDAT Monthly Maintenance )
One-time property taxes

Value added Tax:

The value of this tax ranges from 1% to 18%, depending on the type of property, the region, the level of design and construction, and so on. When you get apartments for sale in Istanbul, its value-added tax will not be like any apartments in another city, and so on. This value is calculated on the net area of ​​the property, not on the total area.

But the surprise offered by the Turkish government regarding this type of tax, is that you can get rid of it, but with conditions. This law was issued in February 2017:

Cancellation of value-added tax on the purchase of real estate in Turkey against foreign investors, or Turkish expatriates who live and work outside Turkey for more than half a year. .
And this is only in Turkey, not from the rest of the countries that impose this type of tax.

Real Estate title deed Tax:

The value of this tax is approximately 4%, and it is paid when the title deed is registered in the real estate registry office in the municipality where the property is located. This tax includes small properties such as apartments, houses, and villas. This tax is required if you want to get apartments for sale in Istanbul.

Fees to be paid when registering the title deed:

• $60 USD for a Tapu in the name of the buyer.
• 50 USD for the translation of the passport into Turkish, to be attested.
• $200, which is the property transfer fee, to be paid upon receipt of the transfer request.
• 100 USD, if you are not fluent in Turkish, and you want an interpreter to accompany you in completing the procedures.

Taxes that are paid once a year

Municipal taxes:
The value of this tax is 0.03% of the value of the property, to be paid once a year, in exchange for the services provided by the Turkish municipalities.

Real estate insurance in Turkey against natural disasters:

Its value is approximately $100, which is to secure your home or apartment against natural disasters, such as earthquakes.

Taxes paid on a monthly basis (Monthly Maintenance AIDAT)

The value of this tax is 2-5 Turkish lira per square meter, and it is paid to the companies supervising the residential complexes, in return for the services that the company provides to the residential complex, such as: swimming pools, gardens, playgrounds, environmental cleanliness and maintenance, and other important services.