APPROXIMATE COSTS INCURRED PURCHASING PROPERTY

 

Costs Payable at Contract Stage

  • Government Translator                                              £ 35 max

(Passport, POA, Noter and Contract)

  • Noter                                                                               £ 60 maximum
  • MOD Administration Fee                                             £ 50
  • Deeds Copied to new owners name                       £ 30
  • Land registry ( If in Fethiye council area )                £ 480
  • Premier Estates fee 3%                                              £ 

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Costs Payable at Final Payment Stage

  • Purchase tax on value of house (one off payment )   £
  • Issuing new deeds                                                           £ 35
  • Duty stamp                                                                         £ 25
  • Earthquake tax                                                                   £ 15
  • DASK – Compulsory Government Building Insurance   £ 110 (max)

       ( the cost is calculated on the total m² of the property )

 

It is possible to register property in joint names,however the notary costs will increase slightly.

NB  Costs may vary slightly according to the exchange rates on the day.

 

Post Sale Costs

Once the sale has been completed there will be costs for changing the water and electricity bills into your name.  If the property is new you may have to pay for new meters and initial connections for water and electricity.  These charges vary according to the property and the area in which it is situated.

 

APPROXIMATE ANNUAL ONGOING PAYMENTS

 

Electric bills ( 100 -120 milyon for 2 months is average )    £ depends on individual use

Water bills per month                                                                  £ 10/20

                                        

Council Tax & rates per annum                                                 £ 50

Tax on Property (payable per annum)

the cost is calculated on the total m² of the property & area      £ 90 - 180

Earthquake tax per annum                                                          £ 15

DASK Compulsory Government Earthquake Insurance       £ 110 (Maximum)

( the cost is calculated on the total m² of the property )

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