Buying real estate by the sea is one of the most desirable destinations for recreation and investment, especially when it comes to Turkish real estate. Not only tourists, but also locals strive to buy an apartment by the sea. Many believe that the cost of such a purchase is prohibitively high. However, this is not the case. The source – https://turk.estate/en/ – will tell you where it is most profitable to buy real estate by the sea in Turkey.
Features of the Turkish real estate market
In 2021, the most relevant areas for the purchase of real estate are the following: Istanbul, Mugla, Izmir, Balikesir and Canakkale.
The price of housing depends on the location:
- Mugla – EUR 74,650
- Istanbul – EUR 63,210
- Izmir – EUR 47,710
- Month – EUR 41,300
- Bursa – EUR 41,200
- Alanya – EUR 39,020
The average price figures are shown above. In each of the cities there are both more affordable and more expensive proposals. One of the most optimal directions for buying real estate is Alanya. The housing, which is near the sea, can cost around EUR 35,000. Usually, such flats are bought for rent or for resale.
Real estate in Alanya
Alanya is known all over the world due to its pristine sandy beaches, warm sea, attractive all-inclusive system and an extensive range of housing. This is the most popular city for foreigners and an interesting area for investment due to affordable housing.
The real estate sector of Alanya offers buyers flats and apartments in new buildings in installments in resort areas. But the lowest prices are fixed on the secondary market. For EUR 30,000 – EUR 35,000, you can buy a one-bedroom flat in the picturesque Mahmutlar area, which is located eight kilometers from the center of Alanya. Moreover, the flat will be located by the sea with a high probability. However, the house and its territory are particularly unremarkable. In some cases, you can find options with a swimming pool, a playground and a small garden.
Quite often, flats on the secondary market are sold with ready-made repairs, household appliances and furniture, which is already included in the price of housing.
Rent in Alanya
Real estate rental in Alanya is well developed due to a wide variety of locations: from residential areas and central to coastal. The rental rate varies greatly depending on the location, as everywhere else. On average, they ask from EUR 130 to EUR 145 per month for an apartment per 100 m2.
To buy a property in Turkey
Are you interested in flats prices in Turkey? A wide selection of properties at prices from developers is waiting for you on Turk.Estate. If you need to get professional advice on the selection of Turkish real estate, contact the agent or leave a request on the website.