Antalya is the fifth most populous city in Turkey and the capital of Antalya province. A popular seaside resort on the Mediterranean coast, an important business and trade center.
The climate is typical Mediterranean: hot, dry summers and mild, rainy winters. The average temperature in summer is +34 degrees Celsius, in winter it fluctuates on average from +9 to +15 degrees Celsius. There are practically no snowfalls and frosts in the city.
The main components of the economic structure of Antalya are tourism, agriculture, trade and light industry (trade and tourism form the basis of the economic well-being of the city and the region).
How to profitably buy an apartment in Antalya: offers on the market, where to buy
In the secondary real estate market of Antalya there is an unprecedented demand for the purchase of housing in the property. Experts attribute this to the following reasons:
- the secondary market, which is growing rapidly. The cost of housing in Antalya is growing every year, the city's infrastructure is constantly being improved;
- sustainable economy of the country. A stable situation in the state makes it possible to compensate for the initial investment in 8-10 years and reach a high level of income;
- rental income brings high profits.
The local market offers a wide range of quality apartments (luxury, economy class, one-room and two-room apartments, etc.) that do not require huge financial savings and further investments. The demand for apartments by the sea in Antalya has always been and will be stable among foreigners. Apartments in this region can be an ideal place for a personal holiday or a source of income. Profitability indicators are among the highest in Europe: the average profitability of apartments in Antalya reaches 8% per year, apartments within walking distance from the sea - more than 10%.
The main areas for buying an apartment are the city center, Konyaalti and Lara (more prestigious and expensive places), Kepez (here you can buy an apartment in Antalya inexpensively). Cheap apartments in Antalya are usually located far from the center and the beach.
Website for buying and selling apartments in Antalya
The GEOLN.COM website with a convenient search interface helps investors find and buy apartments in Antalya from the owners, thanks to which you can quickly and easily select an apartment without intermediaries according to the necessary parameters, use the advice of specialists. The catalog contains verified objects of the city, which the owners place on the site on their own.
The cost of an apartment in Antalya
Over the past few years, there has been a steady increase in prices in the local market (the indicator is in the range of 10-15%). If you buy an apartment in Antalya now, then in 3-4 years you can earn up to 40% of the original cost of the object. The pricing of an apartment is affected by the location, area, year of construction, condition (repair) and other characteristics.
Approximate prices for apartments in Antalya:
- apartment in remote areas - from 30 thousand euros;
- apartment in a good area near the sea - from 65 thousand euros;
- residence apartment - from 65-80 thousand euros and more.
How to buy a property in Antalya: the procedure and nuances of investing
In Antalya, the procedure for acquiring housing is quite simple and the maintenance of an apartment is inexpensive (small taxes). By becoming the owner of an apartment in Antalya, foreigners get the opportunity to obtain a residence permit (a purchase in the amount of 400 thousand dollars allows you to obtain citizenship of the Republic of Turkey).
Before buying (especially remotely), we recommend not only viewing the photo of the selected object, but also reading the reviews of the residents of the house. We suggest that you seek qualified assistance from specialists to minimize risks and losses. GEOLN experts carry out a high-quality selection of an apartment from the owners according to individual parameters. The purchase and sale of apartments in Antalya is accompanied by professionals who provide the preparation of the necessary documents, the complex execution of transactions.
Purchasing an apartment in Antalya is a profitable investment that guarantees rental income, the opportunity to live and relax in a mild climate, among the picturesque nature of the Mediterranean coast in a resort town with high quality infrastructure.