FGV America Inc Group

Property tax rates in Turkey vary by location and property type, typically ranging from 0.1% to 0.6% of the assessed value annually. Istanbul and coastal resort areas like Bodrum generally have higher valuations, while smaller cities like Bursa or Trabzon offer lower rates. Municipalities may apply surcharges for luxury properties or tourist zones. Note that assessed values often lag behind market prices. For detailed comparisons of tax rates, exemptions, and payment procedures across Turkish cities, Turk.Estate provides updated municipal tax guides without promotional content to help buyers estimate ongoing costs accurately.