What You Need to Know About Property Tax

If you have a dwelling, you calculate the property tax value that corresponds to your share of land by multiplying your land share rate by the unit property tax value per square meter of the land on your street. By multiplying the gross area of the property and the construction classes described by the Ministry of Public Works, you add it by multiplying the “build reconstruction value”. You deduct from this figure the unit wear value belonging to the age of the structure and published by the ministry again. So you find the base raiser for the property value of the property. You calculate your tax by multiplying it by the real estate tax rate.

• Konutlarda bina değerinin binde 2’si
• İşyerlerinde bina değerinin binde 4’ü oranında emlak vergisi ödenir.
• Arsalarda ise emlak vergisi arsa değerinin binde 6’sı oranındadır.
• Ancak şehir dışı alanlarda bu oranlar farklıdır.

Who Pays Real Estate Tax?

Property taxes are paid by property owners or those who bear the property owner adjective. Tenants do not pay property taxes. In the case of share immovable, each shareholder is subject to tax at the rate of its share, and in the case of a subsidiary, each owner is an interlocutor (all the partners are from debt as a partner without specifying the amount are liable.) are subject to property tax.

Property Tax Exemption

However, it may be exempted from property tax in some cases. Persons who will not pay property tax in general, provided that the area does not exceed 200 m² gross within the boundaries of the country, have one dwelling and no other income other than the rights granted by the state, is in shape.

• Engelli vatandaşlar,
• Şehitler yakınları (dul ve yetimleri) ve gaziler,
• Emekliler ve vefat etmiş emeklilerin yakınları ( dul ve yetimleri),
• Başka gelirleri olmayan işsizler ve ev hanımları,

This exemption applies only to residences and does not apply to immovable, such as a workplace plot. In order to benefit from the exemption, it is necessary to apply to the relevant municipalities with the necessary documents and there is no official exemption.

However, land and land in villages that fall outside the scope of the Metropolitan Act are also exempt from property tax. In villages that have turned into neighborhoods under the Metropolitan Law, property tax is not charged for 5 years from the date of the law.

How to Pay Real Estate Tax

Property tax is paid annually in two equal installments. The first installment is paid on the last day of May, and the second installment is paid on the last day of November. There is a false perception in society that the property tax should be paid in the last week of May and the last week of November. This situation causes clumps in municipalities. With the exception of workload and system-driven local applications, property tax can be paid every day (online systems can also be paid on holidays) throughout the year. There is no obligation to pay in the form of installments. Both installments can be paid collectively at one time. Nowadays, there is also the possibility of conveniently paying from the online systems of municipalities without the need to go to the municipality.

You can find our previous post at https://www.endeksa.com/tr/blog/yazi/gayrimenkulde-guvenli-alisveris-tapu-takas link.

*EVA Real Estate Valuation Consultancy has been prepared with contributions.