What are the total costs of buying property in Alanya?
When buying property in Alanya, Turkey, it is important to consider the additional costs beyond the property price. The total purchase costs in Alanya usually range between 6% and 8% of the property value, depending on the property type and location. The main expenses include the Title Deed transfer tax, which is generally 4% of the declared property value. Buyers also pay for property appraisal reports, notary services, translation fees, and registration costs. If the property is purchased through a professional real estate agency in Alanya, there may also be an agency commission, although this can vary depending on the agreement. Additionally, new property owners should budget for utility connection fees such as electricity, water, and internet setup. Understanding the full cost of buying property in Alanya helps investors plan their budget properly and ensures there are no unexpected expenses during the property purchase process.