Turkey is known for affordable housing prices, and this also applies to the costs related to purchasing a home in Turkey.

Title deed (Tapu)
Prior to the purchase, there are requirements for certain documents that must be declared to the Tapu office before the title deed is registered in your name. When selling properties to foreign nationals, an expert valuation of the property in Turkey that you are going to buy is required, where an independent expert makes a property valuation report. A translation of your passport must be translated by a licensed translator in a Notary office. In addition, an official document from the municipality is required which declares that all property taxes have been paid and that there are no tax liabilities on the specific property.

Before the title deed is registered in your name, you’ll have to pay a tax, which is 4% of the assessed value of the property. In addition, a state fee is paid for the title deed process, and the costs of a sworn translator who will present at the title deed ownership transfer.

• Expert valuation report: 1.000 TL
• Municipal document declaring property tax: 50 TL
• Translation of passport: 300 TL
• Administration fee: 860 TL
• Licensed interpreter for TAPU ownership transfer: 500 TL
• One time tax to TAPU: 4% of the property's assessed value

Iskan
”Iskan” is a technical passport of a real estate object in Turkey, which proves that the property is built in accordance with the construction legislation for properties that will be used as residences. There are two types of Iskan: general (for the whole building) and personal (for the property). If the property does not already have Iskan, the buyer bear the costs of obtaining one. The price is based on square meters, but is usually between 1200-3000 Turkish lira.

Before the property purchase, Celta Homes will inform you about the Iskan situation of the property.

Property tax
An annual state tax of 0,1-0,2% of the property's assessed value is paid in the city hall before end of May once a year.

Property insurance
An earthquake insurance (DASK) is compulsory on all properties in Turkey. An estimated value of this is 100 Turkish lira. Property insurance is not compulsory, but of course good to have. Read more about property insurance in Turkey here.

Electricity and water subscriptions
Electricity:
Initial registration costs 450-550 TL, re-registration: 120 TL

reigner who wish to stay in Turkey longer than the visa-free period must apply for a residence permit in Turkey. As a property owner in Turkey the process of applying for a residence permit is quite simple, and Celta Homes will of course help you with this!

Foreign nationals wishing to stay in Turkey longer than the visa-free period need to apply for a residence permit at the Turkish Migration Board (Göç Idaresi). Here you can obtain a "residence permit for foreign nationals" to legally live in Turkey longer than the visa-free period. This can be applied for a period of 1-2 years, and can be extended as many times as you want. The residence permit card will be delivered by the state post office to your address, which usually takes 1-3 months.

As an owner of a property in Turkey, it is easier for you to obtain a residence permit in Turkey, compared to if you rent a home in Turkey.

Residence permit extension

If your residence permit expired, you have the right to stay in Turkey until the day of the interview regarding residence permit extension in Göç Idaresi (Turkish Migration Board). At the interview, you will receive a document that allows you to stay in Turkey, as well as travel outside from the country for maximum 15 days, until the final decision of your residence permit extension is issued.

Different types of residence permits in Turkey:

• Short term residence permit, 1-2 years, which can be extended as many times as you want (for property owners, tourists, medical treatment, scientists)
• Residence permit for family
• Permanent residence permit (issued on an unlimited basis to those who have lived in Turkey for more than eight years)

• Application form
• Valid health insurance (which must cover the duration of the intended residence permit)
• 4 photos of the applicant (photos must not be older than 6 months)
• Property owners in Turkey must bring the title deed of their property (TAPU)
• Passport in original and copy
• Evidence of financial strength
• If you live in a rental home with a rental agreement, a notary public-approved copy of the rental
agreement is required
• Receipt proving payment of state tax for the application for residence permit
• When applying for an extension - the existing residence permit card

* In individual cases, additional documents may be required.