Additional costs when buying an apartment in Turkey in 2025

Author: Luxury Estate Turkey Viewed 321 times 16 February 2025

The company Luxury Estate Turkey has been successfully operating in Alanya since 2015, earning the trust of hundreds of satisfied clients. We offer a full range of services for purchasing, registering, and connecting properties, ensuring transparency and reliability in every transaction. Whether you dream of investing in real estate in Turkey or buying an apartment in picturesque Alanya, we are here to help you make the right choice and minimize potential risks.

Changes in the Turkish Real Estate Market in 2025

In 2025, significant changes have taken place in the Turkish real estate market, especially regarding transaction costs. Let's take a closer look at what expenses buyers can expect:

1. Title Deed Registration (Tapu):

State Duty: 4% of the cadastral value of the property. It is important to remember that the cadastral value is often lower than the market price, but changes may occur starting in 2025.
Contribution to the Cadastral Office (Döner Sermaye): 9,092 TL (one foreign party) or 14,635 TL (both parties are foreign nationals).
Notary Services: Approximately 100 EUR (mandatory for transactions involving foreigners).
Appraisal: Required for obtaining Turkish citizenship through real estate investment.
Disaster Insurance (DASK): From 600 TL (depending on the age and size of the building).
DAB Certificate (Currency Exchange Confirmation): From 400 EUR (varies by bank, exchange rates, and transaction amount).
Municipality Certificate (Emlak Beyan Değeri): 400 TL (seller is a Turkish citizen) or 5,600 TL (seller is a foreigner).
Ownership Change Notification: 2,800 TL.
Power of Attorney: From 25,000 TL.

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2. Issuing an ISKAN (Technical Passport):

The cost depends on the region and the characteristics of the property. In Alanya, for example, obtaining an Iskan is estimated at 30,000-40,000 TL. An Iskan is necessary for connecting utilities.

3. Utility Connections:

Water Supply: 9,110 TL (without residence permit). With a residence permit, the cost is lower, and an additional fee of 1,225 TL applies for foreigners.
Electricity Supply: From 1,300 TL.

Estimated Total Cost:

The cost of registering a new one-bedroom apartment in Alanya in 2025 (including Iskan and utility connections) can range from 4,000 EUR.

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Why Choose Luxury Estate Turkey?

Reliability and Experience: Over 10 years of experience in the Turkish real estate market allows us to guarantee a high level of service and complete transparency in all transactions.
Comprehensive Service: From finding a property to completing all the paperwork – we assist our clients at every stage of the transaction.
Personalized Approach: Our experts select the best real estate options, taking into account all the preferences and financial capabilities of the client.
Expertise: We provide up-to-date information on legislative changes and costs related to property registration in Turkey.

If you are planning to purchase property in Turkey, Luxury Estate Turkey is your reliable guide to the world of Turkish real estate. We will help you navigate the changes in the market, ensure proper transaction registration and utility connections, and minimize potential costs. Contact us today for advice from experienced specialists and take the first step toward your dream home in sunny Turkey.

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