How much it costs to live somewhere in Turkey — and how much it costs to buy property there — are two related but genuinely different questions, and confusing them is one of the most common mistakes foreign buyers make. This guide covers both: the official cost-of-living picture across Turkey's provinces, based on data from the Turkish Statistical Institute (TUIK), and what that picture actually means...
Taxes on Vehicle Purchases in Turkey Acquiring a vehicle in Turkey can mark an exciting achievement; however, it frequently entails a considerable financial commitment due to taxes. Expenses such as Value Added Tax (VAT), Special Consumption Tax (SCT), and registration fees contribute to a notable tax load on the overall price of a car in Turkey. It is essential to comprehend these taxes to make a...
How Many Hotels Are There in Turkey? (Updated Data + Real Estate Insights) Turkey has become one of the world’s top tourist destinations, with millions flocking to its coastal resorts, historical cities, and natural wonders each year. As global travel rebounds and international interest in Turkish real estate grows, many are asking: How many hotels are there in Turkey? Whether you're a tourist, investor,...
Property insurance in Turkey is not optional paperwork — it is a legal requirement tied directly to the country’s seismic risk, and the rules around it keep evolving. This guide covers what compulsory earthquake insurance actually covers today, the voluntary policies that fill the gaps DASK leaves open, and the broader disaster insurance reform currently working its way through Turkish...
New regulations reduce supply, pushing owners to long-term rentals Turkey's "Airbnb law," which came into effect on January 1, 2024, has significantly reduced supply in the short-term rental market. According to Emlak Kulisi, the number of apartments rented out for short-term (up to 100 days) has decreased from 13,500 to 3,000 in just two months. For example, in the Esenyurt district of Istanbul, only...
1. Kaputaş Beach: Small but charming: Located in Kaş, this beach is considered one of the most picturesque in Turkey. Turquoise water and golden sand: Perfect for a relaxing swim and sunbathing. Majestic cliffs: Surround the beach, creating a unique atmosphere. 2. Göreme, Cappadocia: Fairytale town: Houses and hotels are carved into the rocks, creating a magical feel....
Buying Property in Turkey: A Guide to Associated Costs Owning a property in Turkey can be a great investment or a perfect holiday getaway. However, besides the property price, there are a number of additional costs to consider when purchasing real estate in Turkey. Here's a breakdown of the expenses you can expect to encounter: One-time expenses: Real estate appraisal: Approximately $440...
This article will guide you through the process of paying taxes on your rental income in Turkey, ensuring you can rest easy knowing you are in compliance with the law. When to file: The declaration is filed with the tax authorities in March of the current year for the previous year. Tax-free threshold: You are exempt from paying tax if your total annual income is no more than 21,000...
Turkey’s official property sales data tells a more nuanced story in 2026 than the headline national totals suggest: overall sales volume remains healthy, but foreign buyer demand specifically has been cooling for several consecutive quarters. This guide breaks down the latest published statistics from Turkey’s Statistical Institute (TÜİK) on both national and foreign property sales, who is...
February 14, 2024 – Pegasus Airlines, a Turkish low-cost carrier, has announced updates to its fare structure, including new names for existing fares and changes to carry-on baggage allowances. The new rules will apply to tickets purchased on or after February 14, 2024. Changes to Fare Names and Carry-On Allowances The following changes will be made to Pegasus' fare structure: Basic fare is...
