Wealthy, sunny Antalya on the Turkish Riviera is one of Turkey's prime real estate investment destinations. The sparkling sea and cultural melting pot of museums, old buildings, traditional restaurants and modern shops recall Miami on the Mediterranean Sea, the perfect combination of city and beach.
Antalya is the investment destination in Turkey that everyone is talking about. Of course, you've probably heard of the city of Antalya; pristine white sandy beaches, endless entertainment and plenty of sunshine in the city. But there's a thing or two you might not know about this Mediterranean Miami in Turkey.
First off – as much as Antalya loves tourists, the city has more to offer than just sun-seekers. This modern center is a business and corporate hub, hosting trade shows, conferences and a number of local and global companies. Business and business tourists make up a large portion of the city's annual visits, and investing in real estate is an important market in Turkey. Antalya is also known for low-cost, high-quality medical centers and wellness tourism.
Second, Antalya is just the beginning. Modern cities are close to incredible places, not just sandy beaches. While there are many coastal hot spots, within a 90-minute drive you'll also find world-class golf courses, millennial monuments, exciting sports, great restaurants and beautiful natural areas. This makes the area ideal for holiday homes and apartment investment properties in Turkey.
After Istanbul, the city of Antalya is the most important investment location in Turkey. Turkish and foreign investors are buying properties in Antalya to rent out to Turks moving to the booming city for work. The city of Antalya is surrounded by mountains and sea, so the construction space is limited. As the population grows year by year, the inevitable supply and demand means that prices will rise steadily.
Prices are also rising outside modern urban centers. The domino effect of Antalya's prosperity and rising tourist numbers has encouraged more tourism. As such, the remote city, which is diverse enough to appeal to every demographic, is witnessing a steady increase in investment properties for sale in Antalya and a healthy rental market.
Some foreigners visiting Antalya hope to make the area more than just a Turkish holiday destination. Foreign property ownership in Antalya has grown every year for the past 12 years, as people seek to escape winter permanently and start a new life in a lighter, sunnier location. Don't know where to start? Let's take a look at Antalya's coastal hotspots and famous places.
Sunny, friendly West Germany attracts young families and retirees alike. Just outside the city center you can see the well-preserved ruins of the ancient Roman city that once stood here. Side's long beaches and flat, well-connected city center make for a great summer vacation. Also, the city's proximity to the city of Antalya, 45 minutes away, means it's a great place to live when the holidays are over and the Turkish tourists are gone. There is a huge rental market here, with many investors and vacation home owners earning regular income from their properties.
Belek is Turkey's leading golf destination. Surrounded by the majestic Taurus Mountains, Belek's 14 golf courses provide a picturesque setting for some of the world's most popular outdoor activities. The city's location, just a short drive from the cities of Side and Antalya, makes for easy day trips, or you can buy a golf course in Belek. Additionally, some of the city's luxury condo and villa complexes include golf memberships with the purchase of the property.
This leafy city with a mountainous backdrop is located on Turkey's Mediterranean coast. With its many hidden coves and beautiful natural attractions, Kemer is popular with sailors who want to explore the rugged coastline that contrasts with Side's mild sandy beaches. It is also ideal for those looking for a summer vacation in Turkey away from the hustle and bustle of city life.
Modern and cosmopolitan Alanya offers city life with many restaurants and bars in close proximity to blue flag beaches. It's a year-round destination with a strong economy not dependent on tourist dollars. Popular with retirees in Turkey for its amenities and year-round pleasant weather, this clean and tidy city is a 2.5-hour drive from Antalya Airport, so it's not as easy to get to as other resorts. However, the nearby Gazipasa Airport has boosted the popularity of the area. Some of the best prices in Alanya.
Previously, the hotspots for real estate for sale in central Antalya were Konyaalti and Lara Beach. However, high demand and low supply have frustrated many investors. Instead, developers are eyeing the nearby Altinbas area, which is priced within budget and offers any investor ample room to win off-the-chart sales and capital appreciation. Therefore, this area has become the most discussed area in the investment real estate circle in Turkey recently.
Eight years ago, Hanna and Nils Christophersen left their Norwegian homeland for the sunny West German coast. The couple is staying longer and longer every year as they plan to buy a property as a vacation home. They have always only considered Turkey as a holiday destination, but that changed over the years as Turkey started to feel like home. As they got to know the country and surrounding area, the couple, in their sixties, noticed a change. They see more and more people coming for vacation every year, and more and more foreigners buying houses. Therefore, many expatriate neighbors own properties in Antalya.
Deciding to invest their money in local real estate, the couple purchased two two-bedroom apartments in a new complex and began selling them to rent out. The properties have appreciated significantly in the past two years and are now doubling in value, Niles said. You will receive regular rental income with several repeat customers each year. Property buying in Turkey has been so successful that the couple bought another three-bedroom unit last year. Their property income means they can supplement their pension and live a very comfortable life. Hannah says our summers in Turkey are busy as we take care of the apartment and guests. While it is possible to hire a management company to manage the property, they prefer to manage their investment themselves, she added.
During the Turkish winter, they take a break. The biggest draw of the area is the great outdoors. Accustomed to the cool waters of the North Atlantic, the tenacious duo enjoys morning swims. They also ski in winter and go on a rafting trip or two. Nils recommends Side to other retirees because there is so much to do there. You will be happy when you work hard to learn Turkish and get involved in the community.
Our Property Portfolio: Our property portfolio in Antalya is the perfect introduction to investing in Antalya. Advertise the many apartments and villas for sale in Antalya; each real estate market listing includes price, location, house features and contact details to learn more about the property or to arrange a viewing. Alternatively, our office is located at Metin Kasapoglu Caddesi, Yasilbahce Mahallesi. You are welcome to come and visit one of our agents to discuss more real estate investments in Antalya.
Buying Property in Turkey: This in-depth guide to property investing in Turkey shows you step-by-step what to expect when buying a property. When clients choose us, we guide them every step of the way to ensure you are always in control and fully informed about the property you are buying in Turkey. In addition, we are experts in the field of real estate and will be happy to answer any questions you may have.
Investing Property Tip: Of course, you want to make a profitable investment in Turkey, which requires careful research and understanding of the property for sale. When looking at investment properties, don't just pick the first investment that comes up, follow our tips to ensure your investment in Antalya pays off. As real estate experts throughout Turkey, we look forward to your visit to Antalya.
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