Property in the resort area of ​​Alanya

Tourists from different parts of the world, from Russia and other countries of the post-Soviet space come to relax in the Mediterranean regions of Alanya. In Turkey’s southernmost resort, the sandy and pebble beaches are wide and the coastline is quite long. Most beaches are adjacent to landscaped embankments with coastal cafes and shops, convenient for walking and relaxing.

Housing in Turkey in Alanya is of interest not only to vacationers. Foreign investors are willing to invest in villas and apartments in coastal cities. What kind of real estate do experienced investors recommend purchasing and what determines the popularity of such investments? Let’s figure it out together.

Weather, nature, ecology

The peculiarities of the local climate and the wealth of natural resources attract many foreign tourists to the Mediterranean coast.

The swimming season lasts from late April to October. The average annual air temperature here is +20 °C, and the sea water, even in January, is rarely colder than +19 degrees. Pine trees, palm trees, carob trees and citrus trees grow in this region. Even in winter, when there is no rain, it is pleasant to take long walks, since the air temperature rarely drops below +15 °C.

The Turkish authorities take the environment seriously and strictly monitor compliance with environmental standards. According to experts, Alanya is one of the cleanest places on the planet. In this part of Turkey, in addition to tourism industry facilities, developed agricultural production is concentrated. Many vegetables and fruits grow well here: from the usual potatoes and corn to olives, figs and avocados.

Objectives of investment in resort apartments

Realtors advise first-time buyers to first clearly define what their real estate will be used for. Most often, Russians and foreigners from other countries buy real estate to realize the following intentions:

• preservation of monetary assets;
• earnings from rent;
• receiving income from resale;
• moving to permanent residence;
• registration of residence permit and Turkish citizenship;
• long rest in your own apartment.

An apartment or house in coastal areas will allow, with the right approach, to realize any of the above scenarios.

Landlord’s income

By providing housing to tourists, the owner receives a reward of about 6% per year from the funds invested in the apartment. This amount will be even greater if the apartment is located close to the sea, on the first or second line - up to 12% per annum.

In winter, rental demand drops. During this period, some investors move to their own Turkish apartment, escaping the harsh winter in their homeland. This is what businessmen, IT specialists, and bloggers who can work remotely do.

If the owner does not have the time and physical ability to search for tenants and clean the apartment before moving in, he can contact a real estate agency. Most real estate companies provide after-sales services.

Resident card

After July 1, 2022, the number of closed areas in the republic where it will not be possible to issue ikamet for the first time has increased. There were 1169 of them. Four locations in Alanya were included in this list: Mahmutlar, Avsallar, Kargicak and Kestel.

Somewhat earlier, on May 5 of the same year, the minimum investment amount in square meters for obtaining an ikamet and subsequently obtaining a Turkish passport was increased:

• in settlements with a small population - from $50,000;
• in large cities of the republic - from $75,000.
• to participate in the Golden Visa program - less than $400,000.

You can spend a lot of time independently studying the features of the Turkish real estate market and the rules of its operation. But at the same time, there is a high probability that many important details will remain beyond your attention and lead to problems. The specialists of the Status Property Real Estate Agency are ready to help you take into account all the features of the local real estate market and the legislation of the republic. The database on the company’s website presents many interesting real estate properties from owners and developers with photographs, technical characteristics and detailed descriptions.