ANNUAL PROPERTY TAX IN TURKEY

Every year property tax must be paid to the local authorities. The volume of the tax is calculated according to the price on the title deed (tapu). Having said that local authorities have the right to change the value of the property due to new regulations done by the state. This value changes may vary according to the inflation in Turkey. Please check the property tax rates below

Apartment    : % 0,2

Shop & Office: % 0,4

Lands           : % 0,6

In May & November each year as two instalments are paid