How much does Alanya property cost: an overview of areas and real estate prices?
Today we will talk about the most "Russian" city of Turkey, on the Mediterranean coast - Alanya. Here, emigrants from Ukraine, Russia, Kazakhstan and other CIS countries, as well as Germans, British, Scandinavians and other Europeans, massively gain housing.
The urban district of Alanya includes the city itself and its surrounding areas: Avsallar, Incekum, Kargicak, Konakli, Mahmutlar, Oba, Okurcalar and Tosmur. It sells apartments and villas of varying degrees of coolness. The first lines are most often occupied by hotels, so comfortable complexes are being built away from the hustle and bustle - even if not on the first line.
It is important!
The Turkish authorities are loyal to foreign buyers - the law allows you to gain full ownership and apartments in apartment complexes, and private villas with land. An exception is the purchase of real estate by citizens of Russia and Ukraine on the Black Sea coast (Samsun, Trabzon, Zonguldak and other cities), since the area is considered strategically important for the country's security.
Turkey has a low cost of living compared to other European countries. Property acquisition tax is 4% of the cadastral value. The agency fee and stamp duty (0.5%) are paid by the seller. The buyer pays for the services of a notary, if he wants his presence at the signing of the contract (1%). Fee for issuing a TAPU - certificate of ownership - is several hundred euros. For example, the design of an apartment with an area of 70 sq.m will cost the buyer approximately 1000 ... €1200, villas - 2000 ... €4000.
Important! The contract does not have the force of a document certifying the transfer of ownership. To do this, you need to get a TAPU - the main official document that shows and secures the right to a property for its owner in Turkey.
In the total area of the apartment (gross) Turks include loggias, balconies and terraces.
Alanya city and properties to buy
Alanya is an ideal place for recreation and permanent residence. During the day, guests and residents of the town are waiting for well-equipped beaches with golden sand or pebbles. In the evening, dozens of bars, clubs and discos open their doors for nightlife lovers. Many cafes and restaurants, from simple to the most sophisticated, will satisfy the tastes of lovers of Turkish and European cuisine. If you are looking for a calm place to relax and have a quiet life, sandy beaches, if you are attracted to small cities of the European type - by all means, look at Alanya!
About 40,000 foreign citizens own real estate in Alanya, half of them are Europeans. Demanding Europeans have determined a high level of quality of exterior and interior finishes for the builders of apartments and villas. Also, a feature of the residential complexes of Alanya is the hotel infrastructure and well-groomed surrounding area. Land prices in Alanya are lower than in Antalya, and the allowed number of stores are higher. Therefore, compared to Antalya, prices for apartments in residential complexes in Alanya are 15...20% lower.
The cost of real estate in Alanya
The cost of housing in Alanya starts from €750 per 1 m2, depending on the area of the city, distance from the sea and the infrastructure of the residential complex, views of the sea (the seascape is always in price) or the city, floors, area and layout of the apartment, materials used in the construction determine price segment of the complex (comfort class, luxury, elite housing). Turkish complexes offer not only comfortable apartments but also an entire infrastructure of recreation, fitness, and SPA. The wider the range of services, the more expensive the cost of housing and the higher the service fee (AYDAT).
Districts of Alanya
The areas of Alanya, on the Mediterranean coast, are not inferior in popularity to the center of Alanya and have many advantages.
Okurcalar
The first on the route along the Antalya-Alanya course is the Okurcalar resort area (35 km from the center of Alanya). This is a relatively new resort. You can relax here with high quality and inexpensive. There is little entertainment, but nature and beach holidays more than compensate for this. On the beach, the descent into the water is gentle, the bottom is pebbly and sandy.
The market in the area opens on Tuesdays and Fridays. By visiting it before closing, you can get the biggest discount from the seller.
Avsallar
The Avsallar area has gained popularity because of the unique atmosphere of the pine forest, combined with the best beach in the region - Incekum. The entrance to the sea is gentle, the sand on the beach is fine and clean, which is suitable for families with small children. Property in Avsallar is ideal for renting out. There is almost 100% rental potential during the high season from May to October. Apartments in Avsallar are inexpensive, the cost of small apartments with 1 bedroom starts from 49,000 euros.
Avsallar has everything you need for living - a pedestrian street with restaurants, pastry shops, bars and discos runs through the center of the district. Here you will find ATMs and currency exchange offices. Supermarkets, vegetable and butcher shops, pharmacies are within walking distance. The farmers' market takes place on Wednesdays.
Konakli
Elite and expensive complexes are in the Konakli region. The territory of the area is on a hill, so the apartments and villas have a beautiful panoramic view of the sea. Basically, real estate in Konakli is located away from the city highway. The major feature of the area is the sea view directly from the balcony of the apartment or the terrace of the villa. For lovers of infinity pools, this is a great option!
The price of real estate in Konakli corresponds to the privilege of the area:
- New apartment with two bedrooms and stunning sea views - from 125,000 euros
- A furnished apartment in a complex built in 2006 will cost from 65,000 euros
- New villas with panoramic sea views - from 190,000 euros
Kestel
Kestel district is located 9 km from Alanya. The construction of high-rise buildings, a maximum of 5 floors, is prohibited here. Residents and foreigners invest in the purchase of real estate here - in cozy small complexes. The primary advantage of the area is walking distance from the sea. The maximum distance of the complexes is only 500 meters from the beach. Kestel is suitable for those who do not want to spend their holidays together with a lot of noisy tourists.
Apartments in Kestel are slightly more expensive than in other areas of Alanya, since most of the complexes are on the seashore. But there are also unique offers of apartments in Kestel, when you can buy a pleasant apartment for an affordable price at the initial stage of construction from €45,000.
Mahmutlar
Basically, real estate in Mahmutlar is a new building built with foreign families in mind. The sea here is excellent, the prices are not high for the Mediterranean, the complexes were built recently and correspond to "European standards".
Mahmutlar will conquer with its nature: pine forest, banana groves, mountain ranges and comfortable clean beaches. Tourists come here to admire the ancient ruins, mountain landscapes, and taste Turkish dishes in fish restaurants, and in the evenings it's nice to sit near the fountains. The area is located 10 kilometers from the center of Alanya, after Kestel.
Recently, it has become fashionable to stay in rented apartments. Many vacationers then buy real estate here, falling in love with this resort region. Property prices in Mahmutlar range from 750 to 3,000 euros/m². Maintenance costs from 350 euros per year. Annual residence permit for the purchase of any property.
You can buy a magnificent apartment in Mahmutlar at a price of 50,000 euros. For example, an apartment close to the sea with a living room, 2 bedrooms, 2 bathrooms and a terrace can be purchased at a price of 90,000 euros. A penthouse in the resort will cost from 125,000 euros.
The Turkish coastline is rapidly being built up
Local developers are selling apartments to foreigners at the off-plan stage, when the outlines of the future home can only be estimated from pictures. Having invested in construction at the initial stage, you can buy real estate 25-40% cheaper than the finished one. Developers rent apartments with a full finish: the walls are painted, there is a laminate on the floor, built-in furniture in the kitchen and all plumbing in the bathroom. Even the simplest complex will have a swimming pool. Resort country after all 🙂