Real Estate Tax

Owning a real estate is the dream of many individuals. A certain amount of money must be paid annually to the state for properties such as houses, plots and offices in the residence group. This money taken under the name of tax varies according to the size and shape of the immovable. Payment of real estate tax is determined by law. There are some details in determining this fee that the property owner must pay each year. The property owned by the individual who has to pay the real estate tax must be located within the borders of our country. For each timeshare purchased in the State of the Republic of Turkey, the state receives a certain rate of real estate tax.

Real Estate Tax Calculation Method

The amount of the real estate tax from immovable properties varies according to the type of property. Land and house real estate tax is different. If a house is built on the land, the property tax is calculated in terms of the dwelling. The amount that is the current purchase and sale price of the real estate is important in calculating tax. This amount, called the current value, is calculated differently for houses, workplaces and lands such as vacant land. It is possible to learn the details from the municipalities where the property is located.

In addition, it makes a difference in the calculation of real estate ax in the settlement where the immovable is located. Real estate taxes collected from villages and cities are not the same. Real estate tax amounts will not be the same for immovable located in metropolitan cities and cities with normal status. The individual who purchases the immovable must apply for the immovable to pay the real estate tax. The real estate tax amount debt arises in line with the transactions made from the e-government or affiliated municipalities. Real estate tax amounts change each year.

Real Estate Tax Payment Methods

In the event of non-payment of mandatory taxes in our country, which has a mechanism that works with tax collection, invoicing is done with penalty. The real estate tax that individuals who own real estate have to pay annually is also included within this scope. Real estate tax payment methods are also very easy. The tax debt is paid by specifying the tax number from the affiliated municipalities or PTT (Turkish Post) institutions. In addition, individuals who own real estate can easily pay real estate taxes through municipalities' own websites.