The Turkish Republic of Northern Cyprus (TRNC) is an attractive place for tourism and living, with beauties called the pearl of the Mediterranean. For those considering buying a home in this area, taxes and fees may vary depending on the type and value of the property to be purchased. Here are the basic taxes and fees related to buying a house in TRNC:

1. Title Deed Fee: When purchasing a house in TRNC, the first fee to be paid is the title deed fee. Title deed fees are determined by the value of the property purchased and can usually range from 0% to 6%. The title deed fee is paid to register the property in the land registry.

2. VAT (Value Added Tax): When a newly built residence is purchased, VAT may be payable. However, VAT is generally not applied to second-hand homes. The VAT rate can generally range from 5% to 18% and can vary depending on the value of the property.

3. Fees: Other fees related to buying a house in TRNC may include municipal fees, stamp duty and transaction costs. These fees may vary depending on the value of the property and the terms of sale.

4. Title Deed Processing Costs: Title deed transaction costs include the costs that must be paid to register the property in the land registry. These costs may vary depending on the value of the property and the tariffs determined by the land registry office.

5. Tax Declaration: Tax declaration may be required for purchasing a house in TRNC. This must be done to satisfy tax obligations related to the purchase of the property. Tax returns may vary depending on the value of the property purchased.

It is important to have information about taxes and fees when buying a house in Northern Cyprus. Each situation may be different and it is important to check with authorities to obtain the most up-to-date information.