Property tax in Türkiye
See what Türkiye's tax rules do to your property portfolio.
What Freeholt models for property, income and retirement in Türkiye, and what it does not.
Free to start. No card. Rules reviewed 22 August 2026.
Modelled here
- Tax on rental income
- Capital gains on a sale
- Duty on purchase
- Annual property or land tax
TRY · Rates as at 22 August 2026 · Estimates, not advice
Rental income is taxed at 15 to 40% progressive for residents and non residents. Individual sale gains are EXEMPT after a 5 year hold. USD 400k+ buys citizenship (3 year hold). Nominal TRY growth is inflation driven. Read results in real terms.
How rental income is taxed in Türkiye
For a resident owner: Progressive rates from 15% to 40%, stacked on other income in this country. The top rate of 40% applies above TRY 5,300,000. For an owner living abroad and renting this out: Progressive rates from 15% to 40%, stacked on other income in this country. The top rate of 40% applies above TRY 5,300,000.
Interest and losses
Mortgage interest is deductible against the rent. A rental loss is ring fenced: it carries forward against future rental income rather than reducing other income now.
Capital gains on a sale
Gains are added to income and taxed at the marginal income rate. The gain is fully exempt once the property has been held 5 years.
Annual property tax while holding
About 0.2% a year, charged not on the market price but on the official assessed value, which is typically nearer 60% of it. Enter the assessed value on the property and the estimate sharpens.
What it costs to buy
About 4% of the price on purchase. Title deed (tapu) fee 4% (often on the buyer); first purchase foreign buyers can be VAT exempt on new builds (FX payment, 1 year hold).
Can a foreign buyer purchase here?
Foreign buyers can generally buy residential property here. Foreigners buy freely outside military zones (village/agricultural limits apply). USD 400k+ purchase qualifies for citizenship by investment (3 year hold; foreigner to foreigner purchases don't qualify).
How Freeholt models Türkiye
Every rate above is priced from Freeholt's own table for Türkiye and runs through the whole projection: rental income, a modelled sale and the annual holding costs all use the same figures. They cannot be edited yet, so a position that differs from the defaults has to be read with that in mind. The estimate assumes an individual owner rather than a company or trust, and where a rule is not modelled it is listed below rather than quietly priced at zero.
What running this property costs
In Türkiye this covers aidat (site/building dues), the 0.1 to 0.6% annual property tax (doubled in metros), insurance (DASK earthquake cover mandatory) and management. High inflation. Treat growth figures as nominal TRY.
How borrowing works here
Lira mortgage rates are very high; most foreign purchases are cash (FX payment is required for the CBI route and the VAT exemption).
What actually happened here
This country's own record, one year at a time. Nothing on this page is borrowed from another country. Move across a chart to read a year.
Recent rule changes in Türkiye
- 2026-06-04 Law 7582 (Official Gazette 4 Jun 2026): 20 year exemption on FOREIGN sourced income for new tax residents, applying from 1 Jan 2026 income. Turkish rental income stays taxable. Not computed here.
What Freeholt models here
- ModelledTax on rental income
- Resident and non resident rates, with interest and losses treated under the local rule.
- ModelledCapital gains on a sale
- Priced in the year of the sale under the rules of that year.
- ModelledDuty on purchase
- One off, on the way in, at the scale in force.
- ModelledAnnual property or land tax
- Charged every year the property is held.
- Not yetIncome tax beyond the rent
- Not modelled for this country yet.
- Not yetDividends, interest and share sales
- Not modelled for this country yet.
- Not yetRetirement savings
- Not modelled for this country yet.
- Not yetInheritance and what happens on death
- Not modelled for this country yet.
What Freeholt does not model here
- Inheritance and estate tax
- Treaty relief between this country and the owner's country of residence
Coverage deepens country by country. Every figure is an estimate, not advice.
Compare with another country
Each page is built from the same table the app runs on, so the figures line up side by side.
Compare Türkiye with another country — rent, gains, annual tax and duty, side by side.
Questions people ask
- Does Freeholt model Türkiye property tax?
- Yes. Rental income tax, capital gains on a sale, duty on purchase and annual property or land tax are priced from Freeholt's own rate table for Türkiye. The rates are not editable yet, so one that differs in a particular case cannot be overridden. Every figure is an estimate, not advice.
- How is rental income from Türkiye taxed if I live somewhere else?
- Progressive rates from 15% to 40%, stacked on other income in this country. The top rate of 40% applies above TRY 5,300,000. Tax may also be due in the country of residence, with credit for what was paid here. Estimates only, not advice.
- What are the Türkiye figures as at?
- The rate table for Türkiye was last reviewed on 22 August 2026. Freeholt date stamps every country rather than implying all of them were checked on the same day. Estimates only, not advice.
Model a property in Türkiye alongside everything else you own: see the year your portfolio starts paying you back.