For property owners, property tax is a mandatory annual payment. As of 2025, property tax rates, exemptions, and payment procedures are expected to be updated. So, who is required to pay property tax, what are the 2025 tax rates, and how is it calculated? Here is our detailed guide:
1. What Is Property Tax?
Property tax is a tax levied on individuals or companies that own residential, commercial, or land properties. It is regulated under Law No. 1319 on Property Tax and is collected by municipalities.
📌 Who is required to pay property tax? ✅ Individuals or companies that own houses, commercial properties, or land. ✅ Those who have ownership rights over a property. ✅ All property owners with title deeds must pay property tax unless they qualify for an exemption.
2. 2025 Property Tax Rates: Updated Tax Brackets
Property tax rates vary depending on the type of property and its municipal location. In metropolitan municipalities, tax rates are applied at twice the normal rate.
💰 2025 Property Tax Rates
🏠 For Residential Properties:
Metropolitan municipalities: 0.2%
Other municipalities: 0.1%
🏢 For Commercial Properties:
Metropolitan municipalities: 0.4%
Other municipalities: 0.2%
🌱 For Land:
Metropolitan municipalities: 0.6%
Other municipalities: 0.3%
🌾 For Agricultural Land:
Metropolitan municipalities: 0.2%
Other municipalities: 0.1%
3. How Is Property Tax Calculated?
Property tax is calculated based on the property’s assessed value as determined by the municipality. The applicable tax rate depends on the type and location of the property.
📌 Property Tax Calculation Formula:
Property Tax = Assessed Value x Tax Rate
📊 Example Calculation:
If a property’s municipal assessed value is 2,000,000 TL:
In a metropolitan municipality: 2,000,000 TL x 0.2% = 4,000 TL annual property tax
In other municipalities: 2,000,000 TL x 0.1% = 2,000 TL annual property tax
4. Who Is Exempt from Property Tax?
In 2025, individuals who meet certain conditions may qualify for property tax exemption. The following groups are eligible for exemption:
✅ Individuals who own a single residential property of up to 200 square meters and fall into the following categories:
Retirees
Housewives
Unemployed individuals with no income
Disabled persons
Families of martyrs and war veterans
📌 How to apply for exemption: To benefit from an exemption, individuals must apply to their local municipality with the necessary documents.
5. When and How to Pay Property Tax?
Property tax is paid in two installments each year.
📅 2025 Property Tax Payment Schedule:
First installment payment period: March 1 - May 31, 2025
Second installment payment period: November 1 - November 30, 2025
📌 Payment Methods: ✅ Cash or credit card payments at municipal offices.✅ Online payments via official municipal websites.✅ Payments through banks and PTT branches.✅ Payments via the e-Government system (for supported municipalities).
6. What Happens If Property Tax Is Not Paid?
Property owners who fail to pay property tax on time will be subject to late payment interest. Additionally, prolonged non-payment may result in lien and enforcement actions.
📌 Expected Late Payment Interest Rate: The late payment interest rate for 2025 is expected to range between 2% and 3%.
❌ Penalties for non-payment:
Unpaid taxes accumulate with late payment interest.
The municipality may place a lien on the property.
Legal enforcement actions may be initiated if taxes remain unpaid.
📌 Tip: Check your property tax status via the e-Government system or your municipality’s online services to avoid late fees.
Conclusion: 2025 Property Tax Payment Guide
✅ All property owners are required to pay property tax.✅ Tax rates vary based on the property type and municipality.✅ Eligible individuals can apply for a tax exemption through their municipality.✅ Payments must be made in March and November.✅ Avoid penalties by ensuring timely payments.
📌 For updated property tax information and calculation tools, follow the Tuna Project Blog! 🚀
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