What taxes and expenses does the buyer incur when purchasing real estate in Turkey?
The main expenses for the buyer are: title transfer tax — 4% of the cadastral value (officially split equally between seller and buyer, but in practice paid by the buyer), mandatory GEDAŞ valuation — from 3,000 ₺, DASK earthquake insurance — from 500 ₺, notary fees — from 2,000 ₺. In total: 5–8% of the property value.
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