Turkey Tool

Rent vs Buy

Turkey-specific breakeven — USD assumptions. Factors in Tapu transfer cost and the opportunity cost of holding the deposit elsewhere.

Assumptions (USD)

Upfront buy cost
$132,500
Tapu tax (buyer)
$5,000
Breakeven year
Not in horizon
NW diff @ yr 10
-$93,612
YrProp ValLoan LeftBuyer EqCum RentBuy NWRent NWDiff
1$257,500$120,689$136,811$12,600-$12,260$126,525-$138,785
2$265,225$115,996$149,229$25,578-$16,413$120,503-$136,916
3$273,182$110,889$162,293$38,945-$19,920$114,440-$134,360
4$281,377$105,330$176,047$52,714-$22,737$108,341-$131,078
5$289,819$99,280$190,539$66,895-$24,817$102,212-$127,029
6$298,513$92,695$205,818$81,502-$26,108$96,061-$122,169
7$307,468$85,528$221,941$96,547-$26,557$89,894-$116,451
8$316,693$77,727$238,965$112,043-$26,103$83,719-$109,823
9$326,193$69,237$256,956$128,005-$24,684$77,546-$102,230
10$335,979$59,997$275,982$144,445-$22,229$71,384-$93,612
Notes: Model runs in USD. If your goal is citizenship (CBI), buying at the $400k+ threshold effectively requires full cash (mortgages don't count toward the threshold). For rental-yield plays, buying normally breaks even by year 6-8 given Turkey's 5-6% gross yields.