Antalya, located in the southern coast of Turkey, is quickly becoming a popular destination for expats looking to buy real estate abroad. With its beautiful beaches, rich history, mild climate and affordable prices, it’s no surprise that more and more people are buying property in Antalya for expats as their permanent residence or retirement destination. In this article, we’ll explore the reasons why Antalya is the perfect choice for those looking to buy real estate in Europe.
Why Antalya is Becoming a Popular Choice for Foreigners
One of the main reasons why Antalya is attracting so many expats is its affordable real estate prices compared to other European cities. According to data from Numbeo, the average price per square meter for an apartment in Antalya is around €1000, while in cities like Paris or London, the prices can reach up to €10,000 per square meter. This means that with the same budget, you can buy a much larger and better-quality property in Antalya than in other European cities. However, to keep up to date with the latest real estate prices in Turkey, use online property aggregators such as Turk.Estate.
Another reason why Antalya is becoming a popular choice for expats is the favorable investment opportunities in the city. With a growing economy and a thriving tourism industry, Antalya offers great potential for capital appreciation and rental income. Many expats are buying properties in Antalya not only as a permanent residence or retirement destination but also as an investment opportunity.
Types of Housing Available in Antalya
Antalya offers a wide variety of real estate options to suit every taste and budget. Whether you’re looking for a small apartment, a spacious house, or a luxurious villa, Antalya has something for everyone. Let’s take a closer look at some of the most popular types of real estate in Antalya.
Flats
Flats are the most common type of real estate in Antalya. They usually range from 1 to 3 bedrooms and are perfect for singles, couples, or small families. Flats in Antalya offer modern designs and high-quality finishes, making them a great choice for those looking for a stylish yet affordable property.
One of the main advantages of buying a flat in Antalya is their location. Most flats in Antalya are located in the city center or close to the beach, making them a great choice for those who want to be close to all the amenities and attractions the city has to offer.
Apartments
Apartments are another popular type of real estate in Antalya. Unlike flats, apartments usually have more than 3 bedrooms and are perfect for larger families or groups of friends. Apartments in Antalya offer spacious living areas and stunning views of the sea or the mountains.
One of the advantages of buying an apartment in Antalya is their affordability compared to other European cities. With the same budget, you can buy a much larger and better-quality apartment in Antalya than in other major European cities.
Houses
For those looking for more space and privacy, houses are the perfect choice. Antalya offers a wide range of houses, from traditional stone houses to modern villas with private pools. Houses in Antalya are ideal for families or those who want to live away from the hustle and bustle of the city.
One of the main advantages of buying a house in Antalya is the quality of life it offers. With spacious gardens, private pools, and stunning views, houses in Antalya provide a peaceful and relaxing environment for their owners.
Buying Real Estate in Antalya
Buying real estate in Antalya is a straightforward process, and there are many offers from developers and real estate agencies. Most developers offer payment plans and financing options to make it easier for buyers to purchase their dream property. Real estate agencies can also help with the legal procedures and requirements for foreigners, making the buying process smooth and hassle-free.
Investments in Antalya: Conclusion
Antalya is quickly becoming a popular destination for expats looking to buy real estate abroad. With its affordable prices, favorable investment opportunities, and wide variety of properties, Antalya offers something for everyone. Buying real estate in Antalya is a great opportunity for those looking for a permanent residence or retirement destination, as well as an excellent investment opportunity. As more and more people discover the beauty and charm of Antalya, the city’s real estate market is only expected to grow and thrive in the years to come.
