Just like in your primary home, there will be yearly expenses in connection with investment in a Turkish property.
Below is an example for expenses on a residence in Turkey
Property tax:
0,1% of the property value declared by the local municipality (to be paid before the end of May each year).
Electricity
New connection of electricity meter:
Approx. 150 Euro (once only)
Energy cost per kwh:
Approx. 0,10 Euro
Water
New connection of water meter:
Approx. 100 Euro (once only)
Water cost per m3:
Approx. 0,75 Euro
Land Line Telephone
You can only get a land line telephone if you have residence permit or we take the line to our name on your behalf.
