Is it profitable to buy property in Antalya City?
Antalya city is the busy central hub of the whole Antalya province, a vast coastal city in southern Turkey that is also an extremely popular holiday destination that sees visitors from various countries around the world, attracted by the fabulous clean sandy beaches, wealth of ancient history, its diverse culture and vibrancy, and its stunning natural beauty that offers pine-clad mountains, dense green forest, and flowing river and waterfalls.
A city that has seen huge growth in recent years and a massive boost in its real estate market from both Turkish buyers from various other cities and numerous overseas buyers, all choosing to property in Antalya city for sale for holidays that can be enjoyed at any time of the year, year-round living with many relocating to Antalya and also a huge number of home grown and overseas property investors.
The city is vast and hosts many residential neighbourhoods that sit close to the city centre and also two extremely popular beach resorts, Konyaalti found a short distance to the west of the centre and elite Lara to the east, thus, there are several areas in which you can buy property in Antalya city, however, before you set your mind on a specific location to put down your roots or make that investment, you should first set you budget as each area offers differing prices for property in Antalya city, some price tags being as high as seven-figures of any currency.
You will find all kind of property in Antalya city for sale, apartments, penthouses, detached and semi-detached villas, and hotels but if you seek a bungalow perhaps for retirement you will be out of luck as this type of property in Antalya city for sale is almost unheard of and you will need to go down the path of buying land and having a property custom built.
With the city’s real estate and population growth, prices for property in Antalya city are increasing year-on-year so you cannot go wrong with any type of property with capital appreciation figures and also rental yields which increase on average 15% annually for long term rentals, these are highly possible when you buy property in Antalya city due all the city’s excellent amenities that tenants have access to.
If you are looking at prices for property in Antalya city as an investor to attract short term holiday rentals then we recommend that you try to find a property that is within walking distance to a beach, amenities and public transport, and if possible a view of the sea as all these will increase the possible income and attract more guests.
Call Turkey Homes when in search of property in Antalya city for sale, with you budget, preferred location and requirements in mind our Antalya property consultants will assist you to find the property that will suit you and your lifestyle or investment needs.
Antalya
