Skip to content

New tax on luxury real estate in Turkey to bring 350 million TL


Turkey’s finances proposal for 2021 consists of an estimated earnings from a new tax on luxurious housing of 350 million TL. Ranging from the brand new yr. Actual property objects in Turkey that value at the least 5,000,000 TL (€566,000) will probably be tax. And the costlier the property is. The upper the quantity of annual tax the proprietor of useful actual property must pay.


So residences and homes value from 5 to seven. And a half million liras will probably be tax within the quantity of 0.003 of their worth. Properties with costs starting from seven and a half to 10 million liras will probably be tax at 0.006 of their worth. The most costly actual property objects in Turkey. (value ten million liras and extra) will probably be tax at a price of 0.1 of their worth.


Administrative buildings, embassies, in addition to properties owned by individuals who don’t have any everlasting earnings is not going to be tax.



Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on email
Share on print
Share on telegram


Popular Posts

Popular Keywords

Demand for houses with balconies and a garden in Turkey increased by 233 percent

  The coronavirus pandemic continues to have an effect on the preferences of property consumers in Turkey. In the present day, the best demand is
Read More

Over 60,000 real estate agencies work legally in Turkey

  Turkish Commerce Minister Rushar Pekcan said that with the adjustments within the guidelines of actual property commerce. Solely licensed brokers and businesses can be
Read More

Turkey’s provinces with lowest growth rate of real estate prices revealed

  Over the previous six months of the mortgage increase and the associated rise in property gross sales in Turkey, housing costs in some provinces
Read More

Last Properties


Please complete the form below to get in touch with the team. We will never share your details with anyone else.

What Happens Next ?

  • As soon as we receive your inquiry, we will assign it to our property expert.

  • Our expert will contact you shortly to give you all the information you need.

  • We will also send you the FREE buying Guide as a Thank you!