Side is a city in southwestern Turkey, located between Antalya and Manavgat. This is a popular resort on the Mediterranean coast.
The climate is Mediterranean, with hot, dry summers and cool, rainy winters. The average temperature in winter does not fall below 10°C, the peak of summer temperature can reach 45°C.
Side is the main city and port of ancient Pamphylia with a huge historical and cultural heritage. The city is called the "Open Air Museum" because it impresses with incredible architecture. Due to its convenient geographical location, the presence of sandy beaches, and a large number of attractions, Side is considered one of the most important resort and tourist centers in South Turkey.
How to profitably buy an apartment in Side: offers on the market
Secondary housing in Side is popular among buyers from Europe and the CIS countries. The secondary market offers a wide range of quality apartments (luxury penthouses, studios, one-room, two-room and three-room apartments by the sea, etc.). The demand for housing in Side is growing every year (according to the Institute of Statistics, the growth is 26% compared to the previous year). Among the reasons for the attractiveness of investments in Side apartments, experts name:
mild Mediterranean climate;
high-quality tourist infrastructure that provides all the needs for a comfortable stay and permanent residence in the region;
the city provides and maintains resources to attract investors from around the world. For example, the amount of taxes does not differ for local buyers and foreigners, low tax on resale property compared to Western European countries;
- affordable mortgage lending (foreigners have the opportunity to get a loan to buy a home at 7-9%);
- earning income from renting apartments to tenants.
At the stage of choosing a district when buying an apartment, it is necessary to take into account its purpose. If apartments are purchased with the aim of generating rental income, you should pay attention to the central part of Side. For those who are going to move to Turkey for permanent residence, it is better to choose a quieter area. For example, the village, which is located 3 km from the city center and is actively developing which is called Kumkoy. Housing prices here are 10-20% lower, there is everything you need for a quiet and comfortable life and recreation: shopping centers, catering establishments, hospitals, etc.
Website for buying and selling apartments in Side
The GEOLN.COM real estate website with a user-friendly search interface helps investors to find and buy apartments in Side inexpensively, thanks to which you can quickly and easily select apartments without intermediaries according to the necessary parameters, and use the advice of specialists. The catalog contains verified objects of the city, which are placed on the site by homeowners on their own.
The cost of an apartment in Side
The cost of secondary housing in Side increases by 5-15% annually, so buying an apartment is considered profitable ("secondary housing" in the city is 15-20% cheaper than similar properties in the primary market) and a liquid investment. Prices for apartments in Side depend on the location of the object (district, proximity to the sea), its area, year of construction, condition (repair). Inexpensive studio apartments in Side can be bought at prices ranging from 35 to 60 thousand dollars. Estimated cost of different types of apartments in Side:
- apartments 1+1 - 79 thousand euros;
- comfortable apartments 2+1, located next to the old ruins - 130 thousand euros;
- two-level apartments (duplexes) with four bedrooms - 199 thousand euros.
How to buy an apartment in Side: the nuances of investing
The procedure for buying and selling is clearly regulated by law, the process of concluding a transaction is transparent. By becoming the owner of an apartment in Side, foreigners get the opportunity to obtain a residence permit (acquisition 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 Side is accompanied by professionals who provide the preparation of the necessary documents, the complex execution of transactions.
Buying a home in Side is a profitable investment that guarantees profit, comfortable living and recreation in a resort town known for its mild climate, beautiful beaches and rich cultural and historical heritage.