On 30 December 2023, Turkey announced the publication of the Real Estate Tax Law General Communiqué No. 82 in the Official Gazette. The General Communiqué outlines the amendments to the Valuable Housing Tax Brackets for 2024.
This includes the following tax brackets and rates:
- over TRY 12,880,000 up to TRY 19,321,000: 0.3%
- over TRY 19,321,000 up to TRY 25,763,000: 0.6%
- over TRY 25,763,000: 1.0%
The General Communiqué went into effect on 1 January 2024.