What are buyer costs?
Buyer costs are the total title deed fees, revolving fund fees, appraisal, mortgage, insurance, consultation, and other transaction expenses that may arise in addition to the sale price when purchasing a property.
How is the buyer title deed fee calculated?
Under standard practice, a 2% title deed fee is calculated separately for the buyer and seller. On this page, the buyer fee of 2% is calculated automatically based on the sale price.
Why should buyer costs be calculated when buying a home in Bodrum?
Because property prices in Bodrum are high, expenses in addition to the sale price can make a significant difference to the total budget. Knowing the total cash requirement before buying in regions such as Yalıkavak, Gümüşlük, Türkbükü, Bitez, and Turgutreis is important for negotiations and payment planning.
Which expenses may be added when using a mortgage?
A mortgage-financed purchase may involve appraisal, bank, DASK, and insurance expenses. Since these expenses vary by bank, property, and mortgage conditions, they can be entered manually in the calculator.