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BLOG Why Overseas Buyers Buy Property In Antalya

29 July 2019 / Properties



The province of Antalya winds its way around the most stunning peninsulas and bays of Turkey’s Mediterranean coastline for over 640 km, covering an area of over 20,000 km2. Second only to Istanbul, it is the most popular tourist destination in Turkey, home to thousands of expats from around the globe, and a highly sought-after location for savvy investors who appreciate the value of real estate in Antalya. So, what is it that attracted over 15 million visitors in 2018 and has been the reason for the steady growth of foreigners wanting to buy property in Antalya over recent years?

There are three main reasons why people buy property in Antalya: either for relocating (work/retirement), purchasing a wonderful holiday home, or buying property in Antalya as a long-term buy-to-let investment or short-term holiday rental. Whatever the reason for buying, the same factors attract buyers to this fabulous region.

What are the factors that make Antalya so appealing? One of the most basic, yet important reasons is access. Antalya boasts 2 international airports and has year-round direct flights from many parts of the world. No matter where in the province one chooses to purchase, travel distances and times from airports to homes are short. And then there’s the weather. Antalya’s lovely long hot summers and relatively short mild winters mean an outdoor lifestyle can be enjoyed for the best part of the year. This also means, as an investor, properties in Antalya attract long and short-term tenants over most of the year too, meaning investments work hard.

The city of Antalya itself is very cosmopolitan. Tourism being its main attraction, it welcomes visitors from around the globe. Many of these visitors have then looked at the potential of the city as a place to invest or relocate and know that to buy property in Antalya is a fantastic opportunity. The Mediterranean lifestyle is easy and enjoyable and everything that one looks for in a modern city is there. Excellent facilities, from sporting to schools, hospitals and entertainment. World class restaurants, opera theatres, beautiful parks and beaches. The city of Antalya has it all.

With the 2018 de-valuation of the Turkish lira, and other currencies now worth so much more, astute buyers know it’s a great time to buy property here. Antalya property for sale is varied and you can find something for all budgets, from one or two- bedroom apartments to luxurious villas. Purchasers are buying off- plan, new constructions and established properties, taking advantage of a very competitive buyer’s market. No matter what you may be considering, you’ll find properties in Antalya that are perfect for you.

Take the new Bogacay Marina area in Konyaalti, for example. Properties here are amidst a multi-million-dollar development, and the values will keep growing over time. Konyaalti has also recently undergone a major upgrade along its foreshore, and apartments for sale in this area are highly sought-after, offering views second to none.

About 30 km from the city is Turkey’s golfing capital of Belek, attracting tourists from around the world, and home to an ever-growing number of expats. And when you look at what it has to offer, it’s easy to see why Belek properties for sale are so sought after. First and foremost, golf. Belek boasts not just one, but numerous world-class golf courses that rival any courses on the world stage. For the avid golfer, Belek, as a retirement destination, is paradise on earth. And, as an investor, you’ll never be short of renters wanting to take advantage of the proximity to the courses. Especially if you purchase an actual golf property in Antalya, one that’s literally on the course! Villas for sale in Belek are stunning, with beautiful open-plan designs and everything you’d expect from new, luxury properties. Whatever your desire or your budget, property in Belek is certainly worth looking into.

Another area the astute overseas buyer is attracted to is the seaside luxury resort town of Kalkan. You may like the idea of a luxurious water-front villa with private pool and balcony offering spectacular views or more affordable options still offering everything the discerning buyer wants and expects. Kalkan offers the lifestyle many only dream of, but in fact, many expats have seen the value of real estate in Kalkan and have bought, not only a property, but a lifestyle.

In Antalya, owners/occupiers enjoy all the wonderful benefits of the region, and investors are never short of eager tenants, also looking for the same attractions when renting a property. And, if in the future, you choose to re-sell, you’ll always have an enthusiastic, global market to appeal to. Like many others who have already discovered it, once you’ve looked into Antalya for property purchase, you’ll never look back.

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