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Antalya is a large city on the Mediterranean coast, located on the southern end of Turkey. It is a famous and popular tourist destination in Turkey due to its proximity to some world-class beaches; the airport is only 12 km from the central city and its fantastic choice of areas to buy an apartment or villa.
The city is suitable for business and relocating to a permanent residence, as the cost of real estate in Antalya is lower than in other large cities.
Its population in 2021 was around 1.3 million people and this number swells to over two million in the summer months because of tourism.
The city is built on a rocky plateau, at an altitude of 40 m above sea level, in the Gulf of Anatolia. Near Antalya is the Taurus Mountains, covered with impenetrable pine forest. Due to its location near the sea and mountain ranges, it has become a highly desirable area to purchase real estate.
What are the advantages of buying a home in Antalya?
Benefits of living in Antalya:
Many foreigners can now visit Turkey without a visa, but cannot stay in the country for longer than 90 days. When buying a property, a foreigner can apply for a residence permit, which is easy to renew. After five years of residency, you can take Turkish citizenship or you can apply for citizenship if your property is worth more than $250,000. From June 2022 the price has increased to $400,000.
Real estate prices are affordable, but rising rapidly. High demand for rented property among tourists helps pay off costs within a few years.
Private medical centres provide qualified medical care and are much cheaper than in your own countries. Services in local beauty salons are on average 2-3 times more economical.
Antalya Airport welcomes visitors from all around the world some who have flown directly into this world class airport.
The city has a well-developed public transport system with regular buses and many taxis.
Grocery stores are filled with inexpensive and quality goods mainly from local farmers and producers.
The residents of Antalya are welcoming; foreigners who purchase low-cost housing in the city do not experience difficulties in communicating with the local population.
The climate in the region is subtropical, with hot summers and warm, rainy winters. In summer, precipitation rarely occurs, and sometimes it may not rain at all. Humidity throughout the year varies from 55% to 65%.
What Property Can You Buy In Antalya?
The following types of real estate can be purchased
Apartments: They cost from 40 to 100 thousand euros, depending on the area and the distance to the coast.
Penthouses: Range from 4, 5 and 6 bedrooms with open-plan living or separate kitchens to living space. Prices are around 200,000 euros upwards depending on floor area and the number of bedrooms.
Villas: The prices range from 100 thousand euros for small houses in a remote part of the city to 800 thousand euros for villas with a pool and a private garden.
Which Part Of The City Is It Better To Buy Property?
Housing can be purchased from the following areas of the city:
Konyaalti: Located slightly west of the centre. It is a new area with sea and mountain views. Trade and the public transport system are well developed here, so apartments both in low-rise buildings with gardens and in high-rise buildings are in constant demand. Active development and expansion of the district allow you to find more affordable premises in new buildings. Among the attractions, there is an excellent municipal beach which has been awarded a Blue Flag for cleanliness, a public swimming pool, several gyms, shopping centres, restaurants and bars.
Center and Old Town: Real estate here is mainly offered in projects of historical value, and low-rise residential buildings. Tourists love the narrow streets, ramparts, ancient temples. Traditional Button Houses of the 13th-15th centuries are especially popular, but their price starts from 800 thousand dollars and rarely come on the market.
From May to November, clear weather prevails during the dry season, and rain occurs during the rest of the year, generally 60 days of rain a year. The swimming season begins in June and ends at the end of October.
Lara: This is the most popular area in the city's eastern part, with a high building density. Business activities are undertaken in the town, so there are many offices, large companies and departments in this area. In Lara, premises generally are bought for business purposes. Lara beach is a stunning 12 km of Blue Flag beaches with hotels dotted along the coastline. Many café bars and restaurants operate on Lara Beach, offering takeaway service to apartments and villas. Prices here are in line with the rest of the region.
Ishiklar: The cost of apartments here is on average 15-20% lower than in Lara; the infrastructure is also well developed and has a range of well-kept parks. The houses are generally older (between 5 & 10 years). Because of bustling traffic and air pollution, there are few tourists in Ishiklar. Still, the area is suitable for a comfortable lifestyle (it is essential to source high-quality sound insulation).
Kundu: Located 25 km east of the central part of the city. There are enough modern residential complexes and hotels focused on seasonal vacations. Among the expensive hotels "Venice", "Titanic", "Mardan" and others there are small hostels which are no less popular among tourists. The city administration plans to assign VIP status to the Kundu district, which will make it possible to enter the area by using a special pass. Due to the high demand for rent, investments in Kundu real estate will give a good return within 2-3 years (depending on the project).
Dosmealti: One of the newest areas to be developed in Antalya. It is 15 km north of the city centre and is becoming a 'hot spot' for investors and property owners looking for luxurious complexes with all the amenities 'on site'. This area has a type of microclimate thanks to its superb position set at the foot of the Taurus mountains and surrounded by fragrant pine forests; it enjoys slightly lower temperatures than surrounding areas with lower humidity. Beaches are around a twenty-minute car drive away. There is a large selection of villas and apartments complexes, perfect for those who seek a quieter lifestyle away from the hustle and bustle of the big city.
Altintas: An elite area of Antalya in the early stages of being developed. Many new and highly prestigious complexes have been built here, hoping to attract discerning buyers looking to invest in another new property 'hot spot'. A good range of apartments and some villa complexes are being built, priced very competitively. Close to the airport and bus station, it is an easily and quickly accessible area. All the necessary infrastructure is in place, with shops and restaurants and being only 6 kms from Lara beach; it is the perfect place to buy a holiday getaway. Investments here will see high returns almost immediately as property sells fast.
Our company will help you choose the right property in Turkey in one of the areas included on the above list.
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