Property Tax Exemptions and Reductions in Turkey: What Foreign Investors Should Know

Understanding tax exemptions and reductions can significantly impact your real estate investment in Turkey. Here's a detailed overview of available tax benefits. First-Time Buyer Benefits Special considerations for first-time property buyers: Reduced title deed fees under certain conditions VAT exemptions for first residential property purchase Special mortgage rates and tax benefits Special Property Categories Certain properties qualify for tax reductions: Historical buildings restoration benefits Agricultural land tax advantages Urban transformation project incentives Long-Term Investment Benefits Tax advantages for long-term property investors: Capital gains tax exemptions after five years Reduced rates for long-term rental income Investment incentive certificates