At Best Invest | Forbes Global Properties, we closely monitor Türkiye’s real estate market to keep our clients prepared for major shifts. One of the most pressing developments on the horizon is the 2026 property tax reassessment—and the numbers are already sparking controversy.

What’s Happening?

Every four years, government commissions reset property values, forming the basis for multiple taxes and fees. In 2026, however, owners face something unprecedented: increases fueled by soaring construction costs (up nearly 650%) and land prices (up 800%).

The result? Properties once considered “ordinary” may now be classified as luxury, dramatically increasing their tax burden.

Why This Matters to Property Owners and Investors

The reassessment doesn’t just affect property tax. It directly impacts seven different obligations, including:

• Luxury property tax (Değerli Konut Vergisi)

• Title deed fees

• Inheritance and gift tax

• Stamp duty

• Capital gains tax

This means even standard apartments could now generate significantly higher costs for their owners—creating a ripple effect across the market.

The Scale of the Increases

In some districts, reassessed values are reported to be 40 times higher than before, with certain neighborhoods seeing over 1000% growth compared to inflation.

To put this into perspective: a homeowner paying TRY 10,000 in annual taxes today could face TRY 50,000 or more in 2026.

What You Can Do Now

If you own property in Türkiye, here’s how to protect yourself:

1. Check your updated valuation at your local municipality or muhtarlık.

2. If the figure looks inflated, file an objection within 30 days. Thanks to the court recess, the deadline extends to September 8, 2025.

3. Consider collective action—a successful case can adjust values for an entire neighborhood.

4. Stay informed about upcoming legislative adjustments (such as the expected Omnibus Bill).

Our Perspective

At Best Invest | Forbes Global Properties, we believe transparency and predictability are essential for a healthy real estate market. Sudden, extreme valuation shifts risk undermining investor confidence and affordability alike.

That’s why we encourage every property owner—whether a local resident or an international investor—to take proactive steps now rather than waiting until the March–April 2026 tax cycle.

Final Thoughts

The upcoming tax reassessment has the potential to reshape property ownership costs in Türkiye. While it poses challenges, informed investors who act early will be best positioned to navigate the changes successfully.

At Best Invest, we remain committed to guiding our clients through both opportunities and challenges in the market. If you’d like tailored advice on how these changes may impact your property or investment plans, our team is here to assist you.