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Costs & Fees

We would like to give you an overview of the costs that you should count with if you decide to buy a property in Alanya. This overview gives you all information so that there will be no surprise for you after you signed the sales contract.

During the process of purchasing an apartment you should expect the following costs. These are paid just once when buying a property.

 

 

One-time costs
Application of the Tapu to the  military authority of Izmir approx.  250 EUR
Real estate purchase transfer tax
3 % of current value of the property
Apartment from approx. 1.500 EUR
Villa from approx. 2.500 EUR
Clerical expenses of the Tapu office approx. 60 EUR
Costs for the Tapu transfer
(sworn interpreter, processing & transfer) approx. 250 EUR
Agent Commission 3 % of the salesprice
Registration at the registration office approx. 5 EUR
Iskan for new built properties from approx. 250 EUR
Electric – new registration from approx. 150 EUR
Water – new registration from approx. 150 EUR
Electric-registration to your name from approx. 25 EUR
Water-registration to your name from approx. 25 EUR

But there are also costs and fees, which you should expect monthly or annually:

Running costs
Monthly:
Electric 0,13 EUR / kwh
Water from approx. 0,50 EUR / m3
Telephone from approx. 7 EUR / Month
Internet from approx. 15 EUR / Month

 

Annually:
Maintenances for your property:
Apartments from approx. 500 EUR
Villas from approx. 1.000 EUR
Land tax
0,2 % of the current value of the property
New Life Management Service
Apartment 200 EUR / Year
Villa 300 EUR / Year

 

June 2017

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