EXPENSES
Notary fee- estimately 350 YTL.(Hanel House pays it)
Title deed Expense - 3% payment based on the property value on the Tapu (Title Deed) Hanel House pay 1.5% and the purchaser pays 1.5% - one off payment.
Property Tax - Annual fee of approximately 0.3% derived from the value stated on the Tapu. First payment due 12 months after issue of Tapu.
An annual property tax is collected by the municipalities (i.e. local governments) at the rate of approximately 0.1% for land and 0.3% for property in the Fethiye,Bodrum, Gocek etc areas. In the big cities these figures are double. All properties are subject to revaluation every year for tax purposes. On newly built properties, within 3 months of construction finishing, the buyer must complete an official affidavit and submit it to the municipality for these tax purposes. Hanel House is happy to guide customers through this process for the first time.
Connection of Water/Electricity - Approximately 450 YTL and then a bill every 2 months.
Electricity - 3 price tariffs (inc. tax) at today's prices : Peak time (6am – 6pm) – 12 kurus (5p) per kw. Prime time (6pm – 10pm) – 20 kurus (8p) per kw. Cheap time (10pm – 6am) – 6 kurus (2.5p) per kw. Prices subject to change and times stated are approximate. Bills are paid every 2 months. Electricity bills can be paid via automatic bank payments.
Insurance - For buildings and contents allow approximately 300 pounds per annum depending on package required.
Maintenance & Security
Prices to be set but allow 50-70 pounds per month, depending on property type. Water tank – 1.2 YTL (50p) per m³. Diesel oil – 1.5 YTL (60p) per litre. Pool chemicals – 250/450 pounds per year. All prices quoted are today's listings but are subject to change on the 1 st January each year. Water bills are paid direct to the Local Government Offices.
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