There are many taxes to be paid by investors, including real estate taxes, and are regularly taxed by the taxpayer for certain periods of the year by taxpayers.

It is worth mentioning that matters relating to property taxes in Turkey are determined by the provisions of real estate law number 1319.

The real estate tax is paid by the owner of the property. If the property is owned by more than one party at the same time, the property tax will be paid by the owners in proportion to their ownership ratios, whether equal or different.

In some cases, real estate owners are exempted from the real estate tax based on many conditions to be achieved in this context, if the area of the dwelling is less than 200 m 2 and the owner proves that he has no income other than this property.

It is possible to benefit from the tax exemption by applying in writing to the municipality concerned to complete the necessary procedures related to it.

The real estate tax of a property is calculated by calculating the value of the property in the first class and determining the ratio of the real estate tax to which it belongs.

These percentages vary between large and regular cities in Turkey, reaching 2 per thousand in major cities and 1 per thousand in normal cities, and reaching between 4 per thousand for shops in major cities, and 2 per thousand for shops in ordinary cities.