The approximate amount of an investment in Turkey is an issue of concern while planning a property investment. To be able to meet the additional expenses and payments, you shouldn’t forget that they might reach 5 percent of the purchase price of your property. This one-off payment includes the taxes, installments and some expenses that might show up during the purchase process.
For second-hand sales, the title deed cost to be paid during the purchase process is 4,4 percent of the purchase price. However, the buyer generally pays 2 percent for branded projects.
If your project is still under construction, then you can make the payment just for once when your project is complete. If you purchase your property through an agency, you should also make a payment for your agency.
In addition, you need to pay for registry and stamp. There will also taxes to pay when you complete the purchasing process of your property. However, the total amount is relatively lower compared to the European countries such as France, Italy, and Spain.