Financials

Additional Expenses

When buying a property abroad it is important to be fully aware of the legal process and any costs and disposable expenses involved in the purchase. Oasis Estate will guide you through the entire procedure with experience and compentence. We will provide you with professional advice and information about property sale/purchase in Alanya, Turkey.   

We make a virtue of making the entire sales process as obvious and as straightforward as possible. 

Conveyance Tax

This is 4 % of the property value stated in the Tapu Office. It is paid at one of the State Banks at the time of conveyance  (the amount stated in the Tapu Office can be lower than the real property value). 

Water Connection

New connection of water meter: Approx. 100 Euro

Name transfer of an existing connection: Approx. 15 Euro

Water cost per m3:Approx. 0.75 Euro

Electricity

New connection of electricity meter: Approx. 100 Euro (Once only)

Name transfer of an existing connection: Approx. 40 Euro (Once only)

Energy cost per kwh:Approx. 0.10 Euro

Notary Public Fees

Fee for certified translator at Notary Public: 50 Euro.

Giving Power of Attorney: Approx. 175 Euro

Property Tax

0.1% of the property value declared by the local municipality (to be paid before the end of May each year).

Fees at the Land Registry Office

Fee for certified translator at the Tapu Office*: 70 Euro
*A certified translator is required by law to translate the document into the appropriate foreign language