Property buying guide for Turkey
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Property maintenance costs in Turkey
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Property maintenance costs in Turkey

In Turkey, it costs €500–700 a year to maintain a two- or three-bedroom apartment and €1,200–1,700 for the same services in a house.

Apartment 10–15
House 12–17
Prime property 15–25

Taxes

Homeowners in Turkey pay municipal tax at an annual rate which varies by type of real estate:

Residential houses and land plots 0.1%
Office spaces and commercial premises 0.2%
Development site forcommercial property 0.3%

Utility bills

Homeowners in Turkey pay €65–70 per month for electricity, gas, water and waste removal. Maintenance of pools, gardens and sporting grounds cost €200–500 per year.

Alanya 65
Antalya 50
Bodrum 45
Fethiye 20
Istanbul 96
Muğla 106

Management company fee

Management company fees cost €30 to €350–400 per year. The maintenance fee levied for an apartment in a shared residential complex depends on the surface area, total number of apartments or villas, pool, sports grounds and garden.

Insurance

A real estate insurance is typically valid for one year and costs vary depending on the surface area and property location from €65 to €140 or 0.3% of the property value.

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    Property buying guide for Turkey
    Article 6 of 7
    Tranio’s managers offer advice on buying real estate in Turkey
    Tamara Nielsen
    Tamara Nielsen
    Real Estate Expert
    +44 17 4822 0039
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