We would like to give you an overview of the costs that you should count with if you decide to buy a property in Alanya. This overview gives you all information so that there will be no surprise for you after you signed the sales contract.
During the process of purchasing an apartment you should expect the following costs. These are paid just once when buying a property.
| Application of the Tapu to the military authority of Izmir | approx. 250 EUR |
|
Real estate purchase transfer tax
4 % of current value of the property
|
|
| Apartment | from approx. 1.000 EUR |
| Villa | from approx. 1.500 EUR |
| Clerical expenses of the Tapu office | approx. 60 EUR |
| Costs for the Tapu transfer | |
| (sworn interpreter, processing & transfer) | approx. 250 EUR |
| Agent Commission | 3 % of the salesprice |
| Registration at the registration office | approx. 5 EUR |
| Iskan for new built properties | from approx. 250 EUR |
| Electric - new registration | from approx. 200 EUR |
| Water - new registration | from approx. 150 EUR |
| Electric-registration to your name | from approx. 50 EUR |
| Water-registration to your name | from approx. 50 EUR |
But there are also costs and fees, which you should expect monthly or annually:
| Monthly: | |
| Electric | 0,13 EUR / kwh |
| Water | from approx. 0,60 EUR / m3 |
| Telephone | from approx. 10 EUR / Month |
| Internet | from approx. 15 EUR / Month |
| Annually: | |
| Maintenances for your property: | |
| Apartments | from approx. 500 EUR |
| Villas | from approx. 1.000 EUR |
| Land tax | |
| 0,2 % of the current value of the property | |
| New Life Management Service | |
| Apartment | 200 EUR / Year |
| Villa | 300 EUR / Year |
January 2012
Financing
You have been looking for your dream home for a long time and now you found it? Is the price of your dream a little bit over your budget? Then you are right. We will help you to become the owner of your dream home here at the Turkish Riviera.
Title Deed (Tapu)
The Tapu (title deed) is essentially similar to the European Land Registry. The Tapuoffice is responsible for all transfers of ownerships of property.
