Is Now a Good Time to Buy a Luxury Home in Antalya?
The question of whether it’s a good time to buy property is perennial for anyone considering investing in overseas real estate. If you’re looking at a holiday home you can rent out, it’s important to know it will hold its value for resale. And even if you’re planning to buy your forever home in Antalya, you’ll naturally want to get the best bang for your buck.
It may surprise you to know that even in the current climate, as the global pandemic rages on, the Turkish property market is still active. Property sales to foreigners increased by more than 20% in the first two months of 2020, with Antalya second only to Istanbul in the number of transactions. Even as figures dipped once coronavirus took hold, Antalya held on to its second spot. There are a number of reasons for this.
An attractive proposition
As the Turkish lira currently shows no sign of rallying against the pound or dollar, that luxury villa in Kalkan has become a real possibility for many people who are deciding now is the time to take the plunge. The Turquoise Coast has also been less severely affected by coronavirus than the busier cities, so is seen by many as a ‘safer’ option.
In addition, Brexit means the rules have changed for Brits who want to buy and own property abroad. If you’re seeking a life in the sun and it’s no longer easier to move to destinations such as Spain or Portugal, it makes sense to cast your net wider and explore your wider options.
A cosmopolitan atmosphere
For many people who choose to buy a home in Antalya, one of the key attractions is its diverse society. The province has long been popular with Russian buyers, while more recently there has been an increase in the number of Middle Eastern property hunters deciding to invest in the province.
While there is a thriving expat community and Antalya city feels vibrant and modern, there is also plenty of opportunity to enjoy a traditional Turkish lifestyle. The mountains and countryside are only a short drive away, so it’s easy to leave the hustle and bustle behind whenever you feel the need.
A life of luxury
While there are properties to suit every budget, upscale living is really taking off in Antalya. This new wave of buyers likes the finer things in life and demands the highest standards. Those who seek refinement and outstanding quality head to prestigious Kalkan, see this Kalkan villa for sale as an example, where mountainside villas with infinity pools command sweeping views of the stunning coastline. Alternatively, Belek, just outside Antalya itself, is a quiet haven, again see this Belek Villa for sale with championship-standard golf courses an irresistible draw for any with a love of the game.
Others prefer to be close to the city centre yet still require beachside living. They choose lavish penthouse apartments in areas such as Lara or Konyaaltı, where every amenity is nearby yet there is still easy access to endless stretches of golden sand. See this Antalya penthouse for sale.
A long-lasting love affair
There are many reasons visitors fall in love with Antalya and decide to buy their own Turkish home here. The laid-back Mediterranean lifestyle, temperate climate and stunning scenery are among them, along with affordable living, excellent public transport and easy international travel via Antalya Airport.
It’s a trend that shows no sign of fading, which is good news for those concerned about re-selling their property in future. There is no shortage of interest from prospective buyers, and the signs are that the market will continue to grow.
Can we help you?
The team at Properties Antalya has extensive experience when it comes to buying and selling Antalya real estate. We’re there every step of the way, from identifying potential properties for our clients to completing their purchase.
We’d love to help you, too. You can browse our extensive online portfolio in here, then get in touch when you’re ready to make the next step or if you have any questions.