INCOME MERSIN answer
What property taxes must be paid annually in Turkey?
Annual Property Tax in Turkey (Emlak Vergisi):
- residential real estate - 0.1-0.2% of the cadastral value
- commercial - 0.2–0.4%
Tax is paid:
- until the end of May
- until the end of November (can be paid in one payment for the year)
In Mersin the cadastral value is low, therefore:
- The average tax is about 1,000 lira per year (≈ 20 euros)
The tax is paid from the following year after receiving the TAPU, regardless of the stage of construction.