Annual Costs for Real Estate in Turkey
Following
you will see as an example of all anual costs for a 3 bed apartment,
asuming a usage of 20 weeks in the year including property maintenance.
There is no mistake in this example calculation, for example the property tax is
1 % in many countries but only 0,1% in Turkey. Water, electricity is
almost 50% cheaper in Turkey and in the maintenance is also 24 hours
security, maintening and painting of the buildings when needed,
gardening, pool maintening and a lot more varying from development to
development.
Some developments maintain four or more swimming pools, gym clubs,
shuttle services, first class gardening, handyman and charge
aproximately 500,-- € annualy. Following breakdown was made for a
property in Didim in the Camelia Court complex for 2008 many developers
give waranties for 3 up to 5 years not to raise the mainenance costs.
A comparable property in Spain would cost 2500,-- € annualy due to
higher tax and other costs.
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