Why buy property in antalya Turkey
Buying property in the Antalya area is a safe bet for any home buyer or investor, the hub of the region that has seen a huge population increase in recent years.
Investment properties are widespread, not only in the modern city centre but along the long coastline, with the stunning Lara beach area, Turkey's golfing capital of Kemer and the beautiful historical town of Side, offering glorious golden sandy beaches, wonderful history and of course a wonderful climate for holiday makers in the summer and for anyone living in the area full time who also have the benefit of brilliant facilities of schools, university's, hospitals and a wide range of shopping malls.
Property prices in the area have already increased dramatically over recent years offering excellent rental yields for investors, with luxury sea view Antalya properties reaching in the region of 8% for annual rental yields, marking Antalya as a property investment hotspot for overseas investors from all over Europe and beyond.
Antalya on the stunning south coast of Turkey is a huge thriving modern city, with miles and miles of beautiful sandy beaches, and enjoys a fantastic climate, averaging approximately 300 days of glorious sunshine every year and boasting very mild winters.
Antalya has become one of the largest tourist destinations in the world, ranking third in 2014. But that's not all there is also a thriving economy in the area with over 19% of Antalya land used for cultivating food.
For this reason, Antalya is Turkey's fastest growing province, attracting both Turkish and overseas buyers alike who are interested the investment potential and lifestyle that the vast area can provide. The range and types of accommodation for sale in Antalya is as diverse as the landscape, which has towering mountain peaks tipped with crisp white snow until early spring and degrees that reach as high as 45 degrees centigrade in the height of the summer season.
Antalya Areas and Property Types
Rapid urban growth in the region means that property in Antalya city is often newly built or off-plan.
Konyaalti, one of the newer developing areas close to the city centre is quickly becoming an up-market area and a hotspot for real estate in Antalya, with easy access to the beach, marina and city centre. Although offering brilliant lifestyle options, apartments in the area can be found for as little as £35,000 due to continued high stock of houses. The gross rental figures in regions like Konyaalti average around 7.4% per annum.
Lara is another area that is popular with both lifestyle and investment buyers due to its long sandy beaches and luxury lifestyle and again its close proximity to the city centre, though Lara does host ample local amenities of its own, with schools, shopping centres, and entertainment facilities.
If you are looking to buy property in Antalya, Turkey it is worth noting that most property in the two areas above is based on apartments set in modern complexes with excellent on-site facilities for the family, and those that are located closer to the sea are offered with the higher price tags, though luxury villas can be found on the outskirts of the areas.
Belek, to the east of Antalya city and Lara, is a purpose built resort, ‘the new kid on the block’ so to speak was developed for the golfing world and has several professional courses along its shores, some designed by famous names from the sport. Property in Belek sits on the outskirts where you find luxury villas in small complexes with shared pool along with some larger private villas too, all attracting keen golfers both professional and amateur.
As this is a newly developing area prices are excellent and this is the time to buy, as the area is steadily growing which will, in time, force prices up as its popularity grows, as the golfing area is slowly overtaking the likes of the Algarve.
Kemer, to the west of Antalya City, is a beautiful area for anyone looking for accommodation in Antalya, Turkey who enjoys nature, surrounded by the wonderful Taurus mountains and beautiful pine forests. Here you can find an assortment of Antalya property for sale, modern luxury apartments often found in fantastic complexes with excellent family facilities, stunning luxury private villas with large gardens and swimming pool, and older style properties at bargain prices, though these may need a little refurbishment to bring them up to scratch.
Property in Kemer tends not to have sea views due to the local landscapes, but fear not, a stunning sandy beach is never more than a stroll away.
Overall Antalya offers investors excellent rental potential for all year round, as the city and the nearby resorts grow, so does the demand for property. Therefore, capital appreciation is another attractive investment thought as prices are set to continue rising for the future.
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