
Turkey is a country known primarily for its resorts. Due to this, seaside cities developed very seriously. Together with them, the real estate market developed. Alania became one of these cities. Buy an apartment in Alanya now it is possible at a favorable price. For this, it is worth using the relevant sites.
Approximate prices for living space depending on the area
Alanya is a city located southeast of Antalya. The city is relatively small (if compared to Konya, Izmir or Gaziantep), the population is slightly more than 360000 people. This city has many historical monuments, as well as beaches. The city is divided into several districts, and the price of apartments in each of them is different, although the average is 750 euros per square meter. Description of districts and apartment prices are shown in the table below.
Area | The average price of an apartment is in euros | Description of the area |
Okurcalar | 100000 | The new district is considered a resort. It is located in the western part of Alanya. To the center - 35 kilometers by road). |
Avsallar | 65000 | The best beach in the city is located in this area. There is also a forest nearby. In the very center is a pedestrian street. This area is suitable both for living and for renting out apartments (which is what investors earn). |
Konakli | 100000 - 150000 | The most expensive apartments are located in this area. They were built in new residential complexes. The main advantage of this area is its location on a hill. Thanks to this, the views from the windows are very beautiful, and this adds to the prices of the apartments. The district is located far from the main road, so the noise of cars will not interfere. |
Kestel | 65000 | It is located away from the city center. The main advantage of the area is that high-rise buildings cannot be built here. The limit is five floors. All residential complexes are located very close to the sea - within walking distance. The area is quiet, this is what attracts tourists, and because of that, there are always enough apartments for rent in the complexes. |
Mahmutlar | 110000 - 115000 | There are many attractions here, and the apartments have a good view of either the sea or the nearby mountains. Here, tourists prefer to stay in apartments, not in hotels. Therefore, buying an apartment is profitable. |
The average yield is 10% per annum. The payback period is 10-20 years. Therefore, investing in real estate, including apartments, is a profitable and profitable business.
Features of apartments in Alanya
Alanya is a relatively quiet city with a well-developed tourist infrastructure. Apartments in this city have certain features. Among them are the following:
- Apartments, in which investors often invest, are located in new residential complexes, and therefore they are modern, with a high level of comfort.
- The real estate market offers investors a wide selection of apartments depending on the budget, as well as the requirements of the investor himself. Apartments can be with one, two or more rooms, with modern equipment, etc.
- An investor can choose which apartment to take: fully furnished or not furnished at all. Unfurnished living space will be much cheaper, but then you will have to invest in furniture, etc.
- The territory of residential complexes is mainly equipped with such elements as a sports ground, parking for cars, etc.
- Complexes in which investors buy apartments are located close to the sea, as well as within walking distance to a bus stop.
Alanya is a city where investments bring profit, and therefore it is profitable to invest in real estate.