The mild climate, beaches, crystal clear water, pollution-free environment, the hospitality of the local people, and reasonable price for square meters are the main reasons for the increased interest in Alanya. A paradise holiday destination has now become home for more and more foreigners. Let's find out what makes coastal real estate in Turkey so attractive for foreigners.
About Alanya. General information about the real estate market in Alanya
The seaside town has a convenient location on a small peninsula 130 km from Antalya washed by the Mediterranean Sea on the South and protected by the range of the Taurus Mountains on the North. The city is surrounded by breaks of leafy trees and pine forests. There are a lot of greenhouses and citrus plantations that grow vegetables and fruits all year round. The town itself is very green shade trees will cool you down on those hot, humid summer days. Wide avenues, leafy alleys, romantic harbour make Alanya absolutely charming and elegant.
Real estate in Alanya is represented by both luxury villas on the seashore and modern residential buildings with a rich holiday infrastructure. Newly built residential buildings and real estate under construction are highly popular among foreigners. Such residential buildings are equipped with high-speed silent elevators, modern telecommunication, and engineering systems. The premises often have an outdoor or indoor swimming pool, sauna, and gym.
New buildings are constructed using high-quality building materials that meet all the requirements of modern housing construction. Developers value their clients' time, so they do their best to complete all construction works within 1-2 years. Buying a new apartment means that the owner will receive a ready-to-move-in apartment. You can purchase inexpensive 1 + 1, 2 + 1 apartments, or over 150 m2 luxury penthouses on the primary market.
Property prices in Alanya for foreigners
Now let's take a closer look at the price range for seashore real estate in Alanya. This region is considered the most inexpensive city when it comes to purchasing resort property in Turkey. Housing prices here are 20-30% lower than in Antalya and 80% down in comparison to offers on the Aegean coast.
You can easily buy inexpensive real estate in Alanya by the sea from the developer for 40,000 euros. A luxurious penthouse or a cozy villa with a swimming pool and beautiful premises will cost over 100,000 euros.
Advantages of buying a property in Alanya
Let’s take a closer look at some of the key advantages for those willing to buy accommodation on the shore of the Mediterranean sea in Turkey.
- Affordable property prices. The average cost per square meter on the Alanya coast is much lower than in the Aegean Sea regions or on the coast of Spain, Greece, and Italy.
- Proximity to the sea. Buyers are offered a wide selection of accommodation within walking distance of the sea. It will take an owner just a few minutes to get to the beach and enjoy the warm water of the sea and rays of the hot sun.
- Excellent views from the windows. The beauty of Alanya landscapes is fascinating. The windows of the apartments offer fabulous views of the endless sea and the tops of the mountain range.
- High investment potential. Investment in real estate in Alanya will allow you to gain a high return on your investments. There are several investment options: the purchase for subsequent lease, further resale, investment in construction. Investments in real estate in the Alanya region have shown a high rate of return over the recent years.
- Residence permit and citizenship using a simplified procedure. Many are attracted by the opportunity to obtain a residence permit or citizenship based on the purchase of a real estate in Alanya. Ikamet is provided to homebuyers, regardless of the purchase price. If the real estate costs over 250,000 euros, the owner has an opportunity to qualify for the citizenship of the Republic in just half a year. In this case, citizenship is assigned to the entire family of the investor (the owner himself, his spouse, and minor children).
Professional realtors of the NEW TIME Investment real estate agent will help you buy accommodation in Alanya by the sea and assist you at every stage of the buy-sell agreement. Our service includes a selection of real estate properties depending on your goals and personal preferences, legal work, and assistance in a closing buy-sell agreement. You can find real estate in Turkey on offer in the catalog on the NEW TIME investment website. Prices in Russian rubles, US dollars, or euros will help you understand the pricing policy of the region better.