Comprehensive Guide to Real Estate Purchasing Costs in Turkey 2026

If you are planning to invest in Turkish real estate, it is vital to understand the additional costs following the selection of the property. Here is a detailed list of 7 essential steps and expenses:

1. Title Deed Fee (Tapu Harcı): The most significant expense, calculated as 4% of the property’s declared value. While legally split between buyer and seller, it is customary in Turkey for the buyer to cover the full amount.
2. Annual Property Tax: Paid to the local municipality. The amount varies based on the property’s location and specifications (typically 0.1% to 0.2% of the property value).
3. Real Estate Agent Commission: For professional consultancy services, the legal commission is typically 3% + VAT of the purchase price.
4. Compulsory Earthquake Insurance (DASK): Mandatory for activating utility subscriptions. Costs range from $50 to $100 annually, depending on the property’s size and age.
5. Passport Translation & Notary Services: Foreigners must have their passports translated and notarized. Additionally, a sworn translator is required at the Land Registry office. This costs approximately $100 to $150.
6. Utility Connections (Electricity, Water, Gas): After receiving the Title Deed, security deposits and connection fees for utilities will cost roughly $200 to $300.
7. Foreign Exchange Document (DAB): Per current regulations, foreign buyers must exchange their currency (USD/EUR) into Turkish Lira via the Central Bank to obtain a “Foreign Exchange Document.” Related fees are around $100.

Conclusion: It is highly recommended to set aside an additional budget of 8% to 10% of the property value to cover these expenses and ensure a smooth transaction without financial surprises.