INCOME MERSIN answer
Does Turkey have a "sell tax-free after 3 years" rule like Russia?
No.
In Turkey, the tax-free period for real estate ownership is 5 years.
But:
- the tax is calculated based on the cadastral value, not the market value
- inflation indexation is not considered profit
In practice, in many cases, no sales tax arises.
To ensure the proper execution of a purchase and sale transaction, we recommend contacting INCOME MERSIN for transaction support services.