The Antalya Property Market: Investing in Turkish Real Estate

4 mins read

After Istanbul, the Antalya property market is the second most popular destination in Turkey for overseas house sales. The proof is in official stats released by Turk Stat, the country’s national statistic board. In 2018, nearly 8000 foreigners bought apartments or villas in the region which stretches from the bustling eastern hub of Alanya to Kalkan, a luxury villa destination.

Antalya is on the Mediterranean coast of Turkey. Also known as the southern coastline, it is a significant hub of tourism, and many foreigners buy property and live there all year round. It is easy to get to via the major D400 highway running from the east to the west of the country or the state-of-the-art airport that is the top touristic air travel hub.

Indeed, if you want to invest in Turkish real estate, Antalya is a great place to start and for many reasons.

Antalya’s Property Market: Reasons to Invest

1: A Vibrant Market of Turkey

From budget studio apartments to millionaire villas, buyers have a bountiful choice of homes to choose from. Given Antalya’s prominent status not only for tourism but also for business, anyone looking at long term capital growth has much potential.

Antalya property market

But Antalya is not a place that is about to rest on its laurels. Look at any district, and local councils are constantly upgrading infrastructures, parks, and social amenities. Future mega projects include Konyaalti Bogacay marina and discussions are underway for a cruise ship port and film studios.

However, should you want the safety net of a high liquidity market, Antalya is perfect because the global audience of Turks and foreign buyers maximises chances of reverting your investment into hard cash.

2: Invest in a Mediterranean Lifestyle

Roughly 500 kilometres of the coastal line includes some of Turkey’s best beaches offering a variety of seafront towns, and villages like the golfing capital of Belek, quaint Kas, nostalgic Side and the city centre.

Three hundred days a year of sunshine also encourages an outdoor lifestyle, and the Turk’s insistent of fresh, healthy cuisine presents a way of living that is every doctor’s recommendation. Within the area, you need never want for anything.

The city centre has some of Turkey’s best shopping malls; ultra-modern marinas for sailors, and an impressive transport network links residents with the rest of Turkey. Lastly, for both buying property and the cost of living, Antalya offers affordable choices within reach of most overseas home buyers.

Where to Buy Property in Antalya?

Each destination offers something unique. The questions to ask yourself is how much is your budget? Don’t forget to include purchasing costs. Do you also want a lively town with 12 months  ambience? Although Antalya is a year-round destination, some towns quieten down when the tourism season finishes in October.

Turkish real estate investment

Popular destinations for foreign house buyers include….

Konyaalti and Lara Beaches: Sitting in the central city, these two areas are fast-paced hubs, but forget the urban lifestyle because they are also beachfront destinations. The result is that house owners have doorstep access to all amenities including transport, shops, bars, banks, and restaurants while being able to retreat to the Mediterranean sea for some rest therapy. (Homes in the Centre of Antalya.)

Alanya: Do not underestimate this town because not only is it growing in terms of tourism, and business, its real estate business is booming as many nationalities see the future potential. The property portfolio of homes for sale in this multicultural hub range from one-bedroom apartments to large villas and all offer some of the lowest prices per square meter on Turkey’s Mediterranean coast. (See properties for sale in Alanya.)

Belek: This small town’s reputation revolves around world championship golf courses, but even if you are not a fan of the sport, there is so much more to enjoy. Over the years, it has grown into a functioning mini hub with a wide range of bars, restaurants, shops and that gorgeous beachfront location. Should you want to step it up a notch, the main city centre is just a short bus ride away. (Houses in Belek.)

Kalkan: This beautiful seaside town revolves around luxury villas featuring high tech architecture. It is hilly so people with walking difficulties will struggle but architects design homes to take advantage of elevated land status, so you wake up each morning to stunning Mediterranean Sea views. There are six districts to buy in, and they include beachfront homes in the Konurluk and Kisla neighbourhoods that put any fancy, American millionaire mansion to shame.

Buying Turkish Real Estate in Antalya

If your finances are in place, the Turkish property buying process takes as little as two weeks from viewing homes to signing the title deeds and moving in. As an international overseas property agent with a proven track record in the Turkish real estate market, we walk you through every step of the buying process.

We recommend you use a lawyer to ensure all legal precautions and documents are in place and do not worry about the language barrier because, by law, you will use a certified translator. Contact us to receive a step-by-step explanation of what will happen when you enter the Antalya property market.

Otherwise, see our wide range of property for sale in all districts here. If any home captures your interest, fill in the enquiry form or call us for more details and to arrange a time and date for viewing.

About Natalie

Natalie is a dedicated real estate professional currently working at Spot Blue International Property. With over a decade of experience in the industry, she has acquired a wealth of knowledge and expertise regarding global properties.