Houses with pools, orchards and amazing Mediterranean sea views are the best choice for vacation home buyers and an excellent investment. The rate of homebuyers in Turkey increases year-after-year and along with that so does the price of real estate. Summer Home company offers various exclusive elite, luxury housing and provides a free viewing tour.
According to the Turkish Statistical Institute, in 2019 foreigners purchased 45,500 homes and apartments in Turkey, exceeding the figures of 2018 by 14.7%. If we look at the statistics by month, in February 2019 real estate sales increased up to 92 % in comparison with February 2018, which amounted to 3321 units being sold.
Most of the houses were acquired by Europeans in Antalya and Alanya. In 2019 sales increased to more than 26% in the same period of 2018. According to the experts and favourable market conditions, many purchases were made for resale in the future.
Despite the future crisis, the general economic policy of the country shows the possibility of acquiring property for the next 1-2 years. In changing economic conditions, the Government of Turkey for Development of the Economy is taking necessary measures, for example limiting price increases, reduction of credit rates, expanding exports and developing various industries etc.
The social sphere is rapidly developing year after year. In 2018, 40 new medical centres were opened in the country. Therefore in 2019, 25 thousand medical specialists from different countries were involved in the countries medical system. The education system also is transforming at the same rate. In this regard, the country is flourishing socially, which allows us to expand the tourism sector. For instance, over 40 million people visited Turkey in 2018. Among those who make financial gains from the flow of tourists and travellers are property owners in the resort areas of the country and especially in Antalya. Investment security is based on market stability, prices are rising evenly, and there is no reason for a sharp fall of prices on the real estate market.
According to analysts, the continued demand for Turkish property allows the real estate market to grow to amounts of $ 5 billion, which means the possibility of rapid sales growth. Turkish real estate is underestimated in comparison to other countries. The prices of real estate in Turkey have always been below those in European countries.
Antalya is characterized by:
Turkey is a visa-free country for Europeans (up to 3 months), and they can visit whenever they wish, visiting friends or staying in their own houses.
Advantages of living in Antalya:
Antalya is taking second place to Istanbul in terms of sales of property.
Houses and villas offered for buyers are:
Furthermore, in urban areas, you can buy apartments, mansions and commercial premises.
Each district of the city has different characteristics.
This elite area has recently become part of the city, located near the national mountain park "Guluk" and the ancient city of Termessus at an altitude of more than 1000 metres at the south-west side of the mountain Solymos. The area is covered with pine forest and almost untouched by modern civilization. Well-maintained villas and small luxury residential complexes are being built nearby this area. The distance from the city centre is 15 km, airport - 30 km.
The area is renowned for its mild summer climate nestled in lush pine forests bringing a comfortable and soothing sense of relief in the summer months. Distance to the beaches of the Old Town and Konyaalti takes 20 minutes by minibus or bus.
The villas are distinguished by a large area with high-quality construction, original layout. There are pools, baths and courts on the area and around-the-clock security.
Konyaalti is an expensive luxury area located to the west of Antalya near the Toros Mountains. There is access to a wide pebble beach. Konyaalti has a developed infrastructure, lots of entertainment and shopping centres, including the biggest "Migros" supermarket. The local real estate market is not only tied to luxury real estate - there is a wide range of property options.
Belek is a young resort town on the Turkish Riviera; it is known for being very clean, white-sandy beaches surrounded by pine forests. It's an excellent place for families to spend time together. This area has been a tourist attraction since 1985. The infrastructure of the district is new, and there are few attractions in the area, but it is straightforward to get to other places and Antalya from here. Belek is famous for its golf courses and Troy Water Park.
Lara is a fast-growing area with high buildings. There are many business centres and offices of large companies here. All styles of architecture are reflected in the villas and houses. The coastline is steep, and there are only a few cosy beaches. The airport is located nearby.
Kaleici attracts many investors since it's located in the historical centre of Antalya. Real estate in this area is always in demand. The city has the charm of antiquity. Mansions and cottages of the XVIII-XIX centuries are restored and are resold with significant profits. This place is for those who are interested in buildings and villas of classic styles of ancient times.
Kundu is the new area of the city, which is actively being developed. It is located on the east side of the city. There are business centres with luxury hotels like "Mardan", "Venice", "Adam and Eve", "Rixos" etc. It is a profitable place to invest in commercial real estate because villas are an exception in Kundu.
A home in a building is for temporary or permanent residence with standard living conditions. The villa is the same as the home, but with additional features implemented in it and also included:
The approximate cost of villas located near the coastline:
Estimated price for villas located far from the sea:
Factors affecting the price of villas are:
It should be noted that the price of each property is determined individually.
One-time charges for the procedure of the final purchase and expenses for the maintenance of property which is relatively small, but with long-term ownership, it should be taken into account.
One-time expenses for property:
In Turkey, annual property tax -is 0.1-0.3% of the cost of a housing unit's value and a municipal fee - 10% of the yearly tax. The average payout is about € 60-200.
Utility payments are gradually increasing to European levels, costs for one-room apartments will be € 60-80 per month and a villa with an area of more than 100 m² - from € 200—almost the same amount for pool maintenance - approximately € 2000 per year. If a pool is intended for all residents of an apartment building, then the cost of pool maintenance will be shared among residents.
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