Property Guide

What are the costs involved in buying?

It's normal to pay a 10% deposit to hold the property during the military investigation process. This deposit should be recorded in a short contract drafted by a solicitor .

Turkish estate agents take 3% commission from both the buyer and the seller.

There is a 3% property tax based on the declared value of the property -usually lower than the actual purchase price.

Finally, you'll need to pay a small fee (about £120) to the Land Registry, as well as compulsory earthquake insurance in some areas.

Typical Costs

Property Value £90,000

Deposit (10%) £9,000

Stamp Duty £2,700

Land Registry fee £120

Agent's fee £2,700

Legal fees £1,500

Total £97,020