In Turkey, property tax is a regular annual tax paid by every property owner. The tax amount is determined by municipalities based on criteria such as the property's location, land value, and construction quality.

Starting in 2026, the calculation method will be updated. The aim is to determine a market value closer to the property's real worth, ensuring that differences between regions are reflected more fairly.

How Is It Calculated?
Property tax is calculated based on three main factors:
1. Land Square Meter Value – The official land value determined by the municipality
2. Building Unit Price – Based on the construction class (luxury, first-class, second-class, etc.)
3. Location – The city, district, neighborhood, and street where the property is located

For example, properties located near the sea and in tourist areas may have a higher assessed value compared to those further from the city center. This is a common practice in international real estate markets.

Payment Time and Method
- Property tax is determined annually and can be paid in two equal installments.
- The first installment is usually due between March and May, and the second in November.
- Payments can be made in cash, by credit card, or online to the relevant municipality.

Advantages for Foreign Investors
- Property tax rates in Turkey are lower compared to many European countries.
- Regular payments ensure uninterrupted ownership without the risk of penalties or interest.
- The new system provides a more accurate property valuation, offering a fair pricing advantage during sales or rentals.