Starting TRY

Purchase tax: 4% of the sales price. (Usually, it is split between the buyer and the developer, so that it is 2% for each party). VAT: 1% of the sales price. (If the apartment area is greater than 150 square meters, the VAT will be increased to 18% of the sales price). Utilities Application (Electricity, Water, Telecom and Gas): Approximately 1,000 USD maximum. Stamp Fee + Notary Fee: Payable only for projects that are funded by the government. Usually, no value-added tax is paid for these projects, which makes the terms almost equal for the buyer.