16.How does Turkey compare to other countries?

When choosing where to purchase a foreign property home the lists of things to consider can be vast. There are many things to think about before choosing the right foreign country to invest in and where you would most like to spend your holiday time. The following comparison is a guide that may help to understand the costs involved with property purchasing and cost of living in a few popular locations compared to Turkey.


SPAIN VS TURKEY

Consumer prices are 34.47% HIGHER in Spain
Restaurant prices are 70% HIGHER in Spain
Grocery prices are 37.11% HIGHER in Spain
Metre sq prices are 1,293 Euro HIGHER in Spain
Property purchase tax 3% HIGHER in Spain
Annual property tax 2.8% HIGHER in Spain

You would need around 2,405.38€ (5,646.74YTL) in SPAIN to maintain the same standard of life that you can have with 3,700.00YTL in TURKEY (assuming you rent in both cities). 
 


ITALY VS TURKEY

Consumer prices are 103.79% HIGHER in Italy
Restaurant prices are 146.02% HIGHER in Italy
Grocery prices are 160.86% HIGHER in Italy
Metre sq prices are 2,933 Euro HIGHER in Italy
Property purchase tax 3% HIGHER in Italy
Annual property tax 0.2% HIGHER in Italy

You would need around 3,692.65€ (8,668.67YTL) in ITALY to maintain the same standard of life that you can have with 3,700.00YTL in TURKEY (assuming you rent in both cities). 
 


CROATIA VS TURKEY

Consumer prices are 25.07% HIGHER in Croatia
Restaurant prices are 22.19% HIGHER in Croatia
Grocery prices are 36.48% HIGHER in Croatia
Metre sq prices are 1,303 Euro LOWER in Croatia
Property purchase tax 1% HIGHER in Croatia
Annual property tax calculated per m2

You would need around 16,057.23kn (5,002.79YTL) in CROATIA to maintain the same standard of life that you can have with 3,700.00YTL in TURKEY (assuming you rent in both cities).
 


FRANCE VS TURKEY

Consumer prices are 60.81% HIGHER in France
Restaurant prices are 101.05% HIGHER in France
Grocery prices are 105.38% HIGHER in France
Metre sq prices are 11,307 Euro HIGHER in France
Property purchase tax 15.6% HIGHER in France
Annual property tax 0.3% HIGHER in France
You would need around 3,045.66€ (7,149.83YTL) in FRANCE to maintain the same standard of life that you can have with 3,700.00YTL in TURKEY (assuming you rent in both cities). 
 


CYPRUS VS TURKEY

Consumer prices are 75.54% HIGHER in Cyprus
Restaurant prices are 136.53% HIGHER in Cyprus
Grocery prices are 86.74% HIGHER in Cyprus
Metre sq prices are 1,151 Euro LOWER in Cyprus
Property purchase tax 3% HIGHER in Cyprus
Annual property tax 3.6% HIGHER in Cyprus
You would need around 3,041.72€ (7,140.59YTL) in CYPRUS to maintain the same standard of life that you can have with 3,700.00YTL in TURKEY (assuming you rent in both cities). 
 


CZECH REPUBLIC VS TURKEY

Consumer prices are 10.63% HIGHER in the Czech Republic
Restaurant prices are 4.14% LOWER in the Czech Republic
Grocery prices are 24.48% HIGHER in the Czech Republic
Metre sq prices are 1,151 Euro LOWER in the Czech Republic
Property purchase tax 1 % LOWER in the Czech Republic
Annual property tax calculated per m2
You would need around 53,524.31Kč (4,982.36YTL) in CZECH REP. to maintain the same standard of life that you can have with 3,700.00YTL in TURKEY (assuming you rent in both cities). 
 


ENGLAND VS TURKEY

Consumer prices are 109.18% HIGHER in England
Restaurant prices are 147.16% HIGHER in England
Grocery prices are 133.62% HIGHER in England
Metre sq prices are 15,711 Euro HIGHER in England
Property purchase tax 2% LOWER in England
Annual property tax government calculated

You would need around 3,077.99£ (8,894.91YTL) in ENGLAND to maintain the same standard of life that you can have with 3,700.00YTL in TURKEY (assuming you rent in both cities). 

The statements written in the questions & answers section guide relate to any land or property purchased by a non-Turkish national such as apartments, flats, villas, beach front homes, stone-built village property, holiday complex property, investment rental property with or without swimming pools, gardens or access to beaches.