Property in Turkey

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Surrounded by majestic mountains, Oba village scatters across the eastern part of Alanya. It will amaze you with a clean sandy beach, beautiful 3 km coastline, the Dim Chai and Oba Chai rivers, and gorgeous plantations of orange trees.

The peace and quiet of the village make it a perfect place to relax from the hustle and bustle of the metropolitan city all year round. Guests and residents will not be disturbed by loud discos and nightlife.

Amazing nature, developed infrastructure, and high investment potential are good enough reasons to purchase an apartment in Oba. You can choose suitable accommodation without intermediaries or with a licensed company.



The advantages of buying a property in Oba

What makes Oba an attractive investment for foreigners? Here you will find more information.

One of the main factors is the affordable cost of living. Utility and maintenance services have reasonable prices. They include utility bills, garbage collection, maintenance of the residential building, and earthquake insurance. A pleasant bonus is the availability of cheap fresh vegetables and fruits all year round.

Buying real estate regardless of its cost gives an owner the right to apply for a residence permit. The owner will need to provide only TAPU (certificate of ownership). To apply for citizenship, the cadastral value of the real estate must be at least 250 thousand dollars.

Prices for apartments are comparatively lower than in Italy, Spain, Bulgaria, Greece. Flexible pricing policy, mortgage, instalment plan from the developer all provide a great opportunity to buy an apartment on the Oba coast. Prices in euro start at 45000 at the construction stage and 60000 for resale real estate.

Located close to the sea coast Oba district is only 3 km away from the centre of Alanya. Residential buildings are located a short distance from the beach, on average 150 m to 3 km. Buying real estate allow the investor to receive good passive income by renting holiday accommodation.

To have an opportunity to combine business and pleasure, we recommended working with professional companies that will select liquid real estate offers in Oba. They will assist you in apartment selection depending on your goals: personal use, application for a residence permit or citizenship, income from the resale or rent.



Property prices in Oba

The pricing policy for Turkish real estate depends on several factors:

  • Date of construction and stage of construction of the residential building. You can buy an apartment in Oba 30% cheaper at the pit stage.
  • The infrastructure of the residential building. Modern residential buildings have shops, playgrounds, gyms, an outdoor swimming pool, sauna, hammam, etc.
  • Availability of furniture. Newly built apartments can be fully or partially furnished. Some developers provide only a kitchen, in others sell apartments with furniture sets and appliances.
  • Distance from the coastline. The closer the residential building is to the sea, the more expensive the apartment is.
  • View from the window. The better the view is, the higher the cost of housing. You can admire the sight of the turquoise sea or the majestic mountain ranges in Oba.
  • Primary and resale real estate in Oba. The price per square meter depends on the condition of the apartment, the total area, the number of rooms, the floor (the higher, the more expensive), the layout of the residential building.

Comfortable 1 + 1 apartments ranging from 47.5 to 49 m² are considered inexpensive. Prices for this real estate start at 43000 euros if the residential building is complete in 2022.

A two-level 2 + 1 apartment with a total area of 88 m² can be bought for 69000 euros at the construction stage and 85 thousand euros or more at a ready-to-move-in residential building. The cost of spacious 4 + 1 penthouses in status complexes reaches 369 thousand euros.

NewTime Investment is ready to help you become an owner of a home on the Mediterranean coast in the Oba district. Our managers will select the best apartments for you, consult on mortgage issues and a residence permit. We will also accompany you at all stages of the buy-sell agreement. You can find the catalog of real estate offers in Turkey on our website. Prices are indicated in Russian rubles, dollars, and euros.

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