Prosperous, sunny Antalya on the Turkish Riviera is one of Turkey's prime real estate investment destinations. Its sparkling sea and a cultural melting pot of museums, ancient buildings, traditional restaurants and modern shops bring to mind a Mediterranean Miami, a perfect blending of city and beach.
Antalya is an investment destination in Turkey that everyone talks about. Of course, you might have heard about Antalya City; the white-sand beach, the endless entertainment and the city's ample supply of sunshine. However, there might well be one or two things you don't know about this Mediterranean Miami of Turkey.
About Antalya Property Investment Markets
Firstly - while Antalya loves tourists, there's more to this city than sun-seeking visitors. This modern centre, a business and enterprise hub, hosts trade fairs, conferences, and several local and global companies. Business and commercial visitors make up a significant number of people who visit the city each year, and investment property is a substantial market in Turkey. Antalya is also becoming known for low-cost, high-quality medical centres and health tourism.
Secondly, Antalya is just the beginning. The modern city is close to incredible spots, not just sandy beaches. While there are plenty of coastal hotspots, within a 90-minute drive, you'll also discover world-class golf courses, thousand-year-old ruins, adrenaline sports, fantastic restaurants and beautiful nature spots. This makes the area ideal for investment property for holiday homes and rentals in Turkey.
Tourist Attractions and Rental Investment Property
After Istanbul, Antalya City is Turkey's prime investment spot. Turkish and foreign investors are buying up Antalya property to rent to Turks heading to the prosperous city for work. Sandwiched between mountains and sea, building space is finite in Antalya City. As the population grows yearly, the inevitable supply-and-demand scenario means prices are steadily heading north.
Outside the modern city centre, prices are also rising. The knock-on effect of Antalya City's prosperity and increasing visitor numbers encourages even more tourism. As a result, the outlying towns, diverse enough to appeal to every demographic, are experiencing a steady growth of investment property for sale in Antalya and a healthy rental market.
The Turkish Real Estate Market for Year-Round Living
Some foreigners who visit Antalya want to make the region more than just a holiday destination in Turkey. Foreign property ownership in Antalya has grown yearly for the last 12 years as people seek a permanent escape from winter and a new life in a more laid-back and altogether sunnier destination. Unsure of where to start? Let's have a look at Antalya's coastal hotspots and famous locations.
A Good Investment in Side
Sunny, friendly Side attracts young families and retirees. Outside the city centre, you can see the well-preserved ancient Roman town ruins that once stood here. The Side's long beach and flat, accessible town centre make for great summer holidays. At the same time, the town's proximity to Antalya City, 45 minutes away, means that after the holiday season ends and the tourists leave Turkey, this is a great place to live. There's a great rental market here, and many investors and holiday homeowners are earning regular income on their properties.
Purchase Real Estate in Belek
Belek is Turkey’s premier golf destination. Backed by the stunning Taurus Mountains, Belek's 14 golf courses provide a picturesque location for the world's most popular outdoor pursuit. The town's location is a quick drive from both Side and Antalya City, allowing for easy day trips, or you can buy a golf property in Belek. In addition, several luxurious apartments and villa complexes in the town include golf memberships in property purchases.
The Best Locations in Kemer
With mountainous backdrops, this leafy town's location is right on the Med coastline of Turkey. With many hidden coves and beautiful natural spots, Kemer is beloved by sailors wanting to explore the rugged coastline, a sharp contrast to Side's gentle, sandy beaches. It's also the ideal spot for anyone seeking a summer retreat away from the hustle of city life in Turkey.
Investment Property in Alanya
Modern and cosmopolitan Alanya offers city living with many restaurants and bars within easy reach of Blue Flag beaches. It's a year-round destination with a strong economy that's not dependent on tourist dollars. The clean, well-ordered city, a favourite with retirees in Turkey due to facilities and good year-round weather, is 2.5 hours away from Antalya airport, So, not quite accessible as other resorts. However, nearby Gazipasa airport increased the region's profile. Some of the best prices are in Alanya.
Altinbas in Antalya City Centre
Previously, the property hotspots for sale in Antalya city centre were Konyaalti and Lara Beach. However, high demand and low supply left many investors frustrated. So instead, developers started concentrating on the nearby Altinbas area, where prices start from budget ranges, giving every investor much scope to gain with off-plan for sale prices and capital appreciation. As a result, this area is the most talked about in investment property circles in Turkey as of late.
Real Estate Investment Testimony
Hanna and Nils Christophersen left their native Norway eight years ago for the sunny shores of Side. Intending to buy a property just as a holiday home, the couple found themselves staying longer and longer each year. They always saw Turkey as a holiday destination only, but over the years, this changed as Turkey began to feel like home. As they got to know the country and the local area, the couple, both in their mid-sixties, began to notice a change. They saw more people arriving each year for holidays, and more foreigners also started buying property. As a result, have many foreign expat neighbours who own Antalya property.
The pair decided to invest their money in local property, and bought two off-plan two-bedroom apartments in a new complex and began to market them for rentals. Nils says within two years, the properties significantly increased in value, and now are worth twice as much. They receive regular rental income, with several repeat visitors each year. Buying real estate in Turkey was so successful that the couple purchased another three-bedroom unit last year. Their property income means they supplement their pensions and live a very comfortable lifestyle. Hanna says our summers in Turkey are hectic looking after the apartments and our guests. She adds that while it's possible to use a management company to take care of properties, they like to manage their investments personally.
During the winter in Turkey, they take a break. The area's biggest attraction was the outdoor activities. The hardy duo, used to North Atlantic chilly waters, loves swimming every morning. They also ski during the winter and make the odd rafting trip. Nils recommends Side for other retirees as there is much to keep you busy. You will be delighted if you make an effort to learn the language of Turkey and be social in the community.
More About Investing in Antalya Turkey
Our Property Portfolio: Our Antalya property portfolio is the perfect introduction to investment in Antalya. Listings many apartments and villas for sale in Antalya; each real estate market listing includes price, location, home features, and contact details to find out more about that property or arrange a viewing. Alternatively, our office is located on the Metin Kasapoglu Caddesi in the Yasilbahce Mahallesi. You are welcome to drop in and see one of our agents to discuss more Antalya property investment.
Buying Turkish Property: This in-depth guide to real estate investment in Turkey gives a step-by-step process of what to expect when you purchase the property. When clients choose us, we are with them every step of the way to ensure you stay in charge and are fully knowledgeable about your property purchase in Turkey. In addition, we are experts in the real estate sector and are also ready to answer any questions.
Tips for Investment Property: Naturally, you want a profitable investment in Turkey, which takes careful research and knowledge of homes for sale. When looking at investment properties, don't just choose the first investment that comes along, but follow our tips on ensuring your investment in Antalya pays off. As real estate experts throughout Turkey, we look forward to seeing you in Antalya.
A magnificent design are these oval homes featuring a futuristic minimalist design using the very latest advancements in modern technology including a voice recognition system to present everyday functionality designed by a renowned Swedish architect in Alanya.
Just a short two minute walking distance to the beach is this stunning project offering a superb investment value for someone looking to capitalise on all that is great in Antalya today. Placed overlooking the river and with superb facilities for residents - very well priced and one not to be missed.