| Financial
Services > Mortgages
> Holiday
Homes > Turkey
Costs
A guide to the
legal costs involved
|
The
solicitor's
fees
|
The
legal
translator's
costs
|
|
Altinkum
£250
/ €
365
|
Altinkum
£80
/ €
115
|
|
|
|
|
|
|
|
Notary charges approximately
£60 / €
89 for power of
attorney and translator.
Other Costs
Buyers tax: Approximately
1.5% to 3% of the
sale agreement price
depending on location.
Government tax:
Approximately £100
- £500 / €
148 - € 740
depending on location.
Property tax: Approximately
% 0.5 to % 0.6 of
property price,
paid yearly, depending
on type of property
and location.
Water & electricity
connection fee:
Between £200
- £350 / €
305- € 510
depending on type
of the property
and location.
Earthquake Insurance:
Depends on property
price and location.
(required by law)
If property is
bought in a complex:
There is an average
maintenance charge
of £ 170 /
€ 252 - £
750 / € 1,109
When purchasing
property, the buyer
will be responsible
for paying the water
and electricity
connection fee.
Mortgages are currently
unavailable inTurkey,
although things
are changing all
the time and we
expect this facility
to be available
in the near future.
You can however
raise funds on your
existing UK property
if you have equity
available.
|
