Our comprehensive guide on tax obligations for foreign investors who own property in Turkey.
Property Purchase Tax
Title deed fee is 4% of the sale price. Usually shared between buyer and seller (2% + 2%).
Annual Property Tax
- Outside metropolitan areas: 0.1%
- Metropolitan areas: 0.2%
Rental Income Tax
Rental income earned in Turkey is subject to income tax.
VAT Exemption
Foreign buyers may be exempt from VAT on their first property purchase.