Real Estate Market in Alanya: An Overview

Alanya, one of the popular districts of Antalya, is a highly active region in the real estate market. It attracts both local and foreign investors with its climate, beaches, tourism opportunities, and infrastructure. So, what are the things to know for those who want to own a house in Alanya?

Considerations When Buying a House

Location: The first thing to consider when buying a house in Alanya is the location. Is it close to the beach or to the city center? In Alanya, houses are generally classified according to neighborhoods. Central areas like Liman, Cleopatra are more preferred.

Land Registry and Zoning Status: It is essential to check the land registry and zoning status to avoid any problems. In Alanya, especially in old buildings, land registry issues can occur. Therefore, it will be beneficial to work with reliable real estate agents.

Things to Know When Renting a House

In Alanya, season is very important when renting a house. During the tourism season, the demand for rental housing increases and prices naturally rise. Therefore, if you will be staying in the house throughout the year, searching for rental apartments outside the season can be more economical.

Rental Agreement: To prevent any disagreements, it is necessary to sign a detailed rental agreement. The contract must include binding clauses for both parties, and the duration, price, deposit, and other issues specified in the contract must be clear.

Real Estate Prices in Alanya

Real estate prices in Alanya have a wide range. While luxury projects close to the beach attract attention with high prices, more affordable options are available in areas far from the city center. The price of an average apartment in Alanya can vary between 500,000 TL and 1 million TL. For rental apartments, prices can start from 10,000 TL per month depending on the features and location of the apartment.

Conclusion

Buying or renting a house in Alanya has many advantages and details. Hasty decisions made without having the right information can lead to negative results. Therefore, it is necessary to research the real estate market well, get support from reliable real estate consultants, and consider all the details.