What Taxes Are Encountered When Buying Real Estate in Alanya?

When buying a residence, land or commercial property in Alanya, you will need to pay not only the property price but also various taxes and fees.
Whether for investment or residential purposes, knowing these costs in advance is critical for budget planning.

1. Title Deed Fee (Purchase-Sale Fee)
✅ Rate: 4% of the sales price (Buyer and seller usually pay 2% each, but if the parties agree, the entire amount can be collected from the buyer.)

Example:
Total title deed fee for a 500,000 TL apartment:
500,000 TL × 4% = 20,000 TL
In other words, the buyer pays 10,000 TL, the seller pays 10,000 TL (may vary depending on the agreement).

2. Revolving Fund Fee
✅ Revolving fund contribution is also taken in title deed transactions.

✅ Average for 2025: ~1,500-2,000 TL (updated every year).

This fee is fixed and paid by the buyer during title deed transactions.

3. Value Added Tax (VAT)
✅ The VAT rate in housing sales generally varies between 1% and 18%.

Second-hand housing: Exempt from VAT.

In first-hand (contractor) sales:

Housing under 150 m²: 1% or 8%

Housing over 150 m²: 18%

⚠️ Whether or not you will pay VAT depends on the type of property and the parties involved in the sale.

4. Real Estate Tax
✅ After purchasing real estate, you must pay real estate tax every year.

For residences: 1 per thousand (0.1%)

For land: 3 per thousand (0.3%)

For workplaces: 2 per thousand (0.2%)

The first payment starts the year following the year you purchase the property.
The tax can be paid in two installments: March-May and November.

5. Income Tax (For Seller)
✅ If you sell the real estate you purchased within 5 years, a capital gain may arise.

In this case, the seller is obliged to pay income tax on the gain.

However, income tax is not collected for sales made after 5 years (exception).

6. Extra Expenses for Foreign Buyers
Sworn translator fee

Title deed translation and notary approvals

Real Estate Valuation Report (SPK approved) → Average 5,000 – 7,000 TL
This report is mandatory for foreign buyers.

Total Expense Example (For a 500,000 TL House)

Expense Item Estimated Amount
Title Deed Fee (4%) 20,000 TL
Revolving Fund 1,500 TL
Real Estate Valuation (if any) 6,000 TL
VAT (when purchasing from a contractor) 0 – 90,000 TL
Notary/Translation (foreign) 2,000 – 5,000 TL
Savings Tips
✅ Share the title deed fee with the seller through bargaining.
✅ VAT and some extra expenses are eliminated in second-hand houses.
✅ Reliable real estate consultants and lawyers manage the process transparently.

Conclusion: Do not buy without knowing the real costs
When buying and selling real estate in Alanya, instead of focusing only on the housing price, knowing the total cost in advance is essential to avoid surprises.

We are here for you as the Daisy Homes team for more information or free consultancy.