Buying Property in Antalya
When buying property in Antalya, get ready to enter one of Turkey’s fast-moving real estate sectors. Every month, thousands of properties swap hands, making it the second most popular destination in the country for house purchases. The Antalya property market has particularly taken off in the last five years, as foreign investors turn their back on Istanbul, having seen the future potential of the region. To be clear, the name Antalya refers to the larger region that stretches from Alanya in the east to Kalkan and Kas in the west. For this article though, we will talk about the hub that is the city centre.
Buying Property in Antalya
1: Reasons to Choose Antalya City
Anyone buying a property in the city centre is tapping into one of the most vibrant destinations of the southwestern Mediterranean coast. As a centre of excellence for hospitality, world-class hotels bring in millions of tourists from around the world. This has prompted a varied dining and nightlife scene with plenty of choices from slow and romantic to large pulsating nightclubs.
Antalya’s shopping scene is one of Turkey’s best, ranging from large shopping malls to the local, weekly market that is a firm fixture of Turkish society. Add to this Antalya Airport that has won many awards and is just a brief drive away, and the mild winters and scorching summers. Antalya city centre also has two of Turkey’s best beaches as voted by Trip advisor. Konyaalti and Lara beach are the focal points of society during summer, and their popularity spills over into the real estate market.
2: Where to Buy in the City Centre
Konyaalti: Sitting on the edge of the city centre, Konyaalti is an all-encompassing neighbourhood, with lots of choices for restaurants, bars, cafes, and shopping. It is the go-to destination for beach holidays thanks to the large stretch of sand stretching for 7 kilometres and flanked on one side by the Beydaglari mountains.
The beach offers everything you need for a sun, sea and sand lifestyle but excited locals look forward to the Konyaalti project that will feature a state-of-the-art marina. Apartment and penthouse living trends lead the way in Konyaalti with many homes featuring a stunning Mediterranean Sea view. Most homes also sit on inclusive lifestyle residences offering a variety of communal features including swimming pools and on-site gyms. You might think given Konyaalti’s high profile that prices per square meter are high, but they are surprisingly low.
Lara Beach: The city centre’s other famous beach area has been nicknamed Turkey’s equivalent of Las Vegas thanks to the large, all-inclusive hotels bringing in tourists from all around the world. Given its high profile on the tourism season, anyone looking for a buy-to-let investment would do well to consider this area.
Sitting just 5 minutes from the airport, locals enjoy a wide range of facilities on their doorstep, with the long stretch of sand being a feature point. Once again, apartments and penthouse sea views are a feature of many homes, and this has led it to become the go-to destination for Turks from big cities like Istanbul who wants a summer getaway. Prices of property are higher than Konyaalti beach, but buyers will still find them affordable, when compared to beach holiday homes in places like Spain or Portugal.
3: Is Antalya Property a Good Investment?
As Turkey’s second most popular tourist destination, the entire region shows much potential for capital appreciation over a long-term period. However, certain neighbourhoods that have a stronghold such as the above mentioned Konyaalti and Lara fair better than others. Our Antalya team has in-depth local knowledge of recent developments and council plans that affect neighbourhoods, so if your prime reason for buying a home in Antalya is a real estate investment, call us today to discuss them.
4: Can Foreigners Own Property in Turkey?
Yes, all nationalities apart from five can buy property in Turkey. Some areas are off bounds because of being a military zone, and there is a cap of 30 hectares, but over the last 20 years, thousands of foreigners have purchased property and become legal titleholders. Read more about this topic here.
5: Buying a Home and Living in Antalya
As well as having a thriving tourism and real estate industry, Antalya is a multicultural hub attracting foreigners from all around the world, who live here for 12 months of the year. The thriving expat community enjoys a Mediterranean lifestyle and immerse themselves into the community by organising events and sometimes, helping charities. If you want to buy property to move and live here, this house hunters guide will be of use.
Start Your Property Search
Browse our portfolio of apartments and villas for sale in Antalya, and just use the enquiry form to arrange a viewing, or find out more information via email. Each listing contains everything to know, including location, price, property description and photos. Alternatively, call our local estate agent office team and talk with an agent about buying property in Antalya.