We have seen an increased interest in buying property in Turkey in last one decade. Property prices in Turkey vary greatly from area to area – an apartment in the city centre costs more than the one outside the city centre. There are many other factors that influence the price of a property and while these prices fluctuate over time, there are some standard one-off costs and expenses that you should bear in mind when planning to buy house in Turkey. As a general rule, we advise all our clients to estimate these costs at around 7-8% of the purchase price. These expenses include stamp duty, legal fees and tax, etc.

Those looking forward to making property investment in Turkey need to consider these costs that are payable on top of the purchase price. Since these costs can make up a significant amount, we recommend getting to know them when planning the budget.

Here is a breakdown of these costs and fees: