Alanya property for sale is a great example of how you can have your cake and eat it too. As well as being very favourably priced, property in Alanya is just minutes from gorgeous beaches, busy markets and good restaurants. Unlike other parts of Turkey where sea views are rare or have an extortionate price tag attached, it’s possible to find a quality sea view apartment or house in Alanya without breaking the bank.
Property prices in Alanya start at around Euro 45,000 and represent an incredible chance to get yourself a foot on Turkey’s real estate ladder. The bulk of Alanya properties consist of apartments with good facilities like gyms, swimming pools, children’s playgrounds and security. Spending a little more on your Alanya home (Euro 80,000+) will open up a world of luxury: penthouse suites, hotel style facilities and beachside properties. There are also a number of villas for sale in Alanya, starting at around Euro 100,000 and ranging to Euro 300,000 for larger and more luxurious homes. Again, these properties are often part of a complex with top facilities for residents.
Alanya commands a fair chunk of Turkey’s tourism industry. This is excellent news for buyers: a booming rental industry has emerged and it’s now possible for Alanya property owners to earn up to 8% rental returns annually. Alanya real estate prices are also experiencing a boom thanks to the ever-increasing traffic coming through Antalya Airport and recently from the newly opened Gazipasa airport, which serves Alanya directly. Prices of Alanya property for sale have risen by around 40% in the last five years and with the Antalya region on an upward trajectory further price increases are expected. All in all, Alanya real estate is a sound investment for a canny buyer.
Popular with Northern European and English holiday home buyers, Alanya is home to a sizeable expat population. As it’s a working city, facilities such as hospitals, supermarkets and shopping centres are open year round. This has encouraged a number of buyers, attracted by favourable prices and the favourable weather. Sun, sea and sand: check. However, property in Alanya also has that something more: investment potential; lifestyle potential: all the ingredients for a sunny future.
Where to buy property in Alanya?
Although part of Antalya Province, Alanya is now outgrown its status as a town. It has become a city on its own right. It is expected that Alanya will break away from Antalya Province before 2020 forming its own province with towns such as Gazipasa, Kargicak, Mahmutlar, Kestel, Oba, Alanya centre, Avsallar to name just the most popular districts. When you drive from Gazipasa airport toward Alanya town centre on that exceptionally well looked after dual carriage-way, you pass by a very long stretch of sandy beachfront. This is a distance of some 30 minutes or so, where you have the beautiful Mediterranean blue to your left and residences to your right. Seaside districts such as Kargicak, Mahmutlar, Kestel and Oba are all situated along this drive. If you are looking for a holiday home with access to sandy beaches and within very easy reach of the town centre, these areas are ideal to buy a property.
