Antalya has witnessed an important development in real estate sector, so how Antalya real estate attracts investors?
• Geographical location: The city of Antalya overlooks the Mediterranean Sea with a coastline of about 200 km, with a mountain range at the heart of the city, beacause of the diversity of its naturs, Antalya attracts huge number of tourists each year and this led to increase number of properties that have been purchased by foreigners.
• Climate: Antalya has a wonderful weather for tourism, which is why it attracts tourists throughout the year.
• A wide real estate market: The real estate market in Antalya is the second largest in Turkey, after the real estate development witnessed by the city and the revenues earned by investors, especially in seasons of tourism, in addition to the facilities and advantages provided by the Turkish government to real estate investors, , the Turkish citizenship for example, where these facilities contributed to the expansion and revitalization of the real estate market in the city.
• Diversity of real estate in Antalya: Antalya is characterized by the diversity of real estate in it, where investors find many options that suit their tastes. It is also characterized by modern designs and reasonable and acceptable prices compared to other Turkish cities and with the same level of luxury and services.
Real Estate Revenues in Antalya
Antalya overlooks the Mediterranean Sea and is the third tourist country in the world , moreover , its real estate market is the second largest in Turkey . This is mainly due to the picturesque nature of the city, in addition to services and social facilities in it. Therefore, many real estate investors in Turkey prefer Antalya, but what will investors earn in return? This is what we will talk about in today's article.
The first return of real estate investment in Antalya is in tourism sector Antalya , tourists visited antalya reached number about two million tourists annually. The city also hosts tourists all year round, due to its climate, as it is hot in summer and warm in winter, and its tourism activities are also active throughout the year. Specially the Russian tourists in the city, as they ranked first as the most visitors to the city, as they come to it on long term visits, and the development of the real estate sector in it as well as its appropriate prices pushed tourists, especially Russians , to own property in the region, these reasons helped raising the demand for real estate in Antalya.
Secondly: The Turkish government still attaches great importance to the city of Antalya, and this is evident in its infrastructure and various services, by launching many projects, whether real estate, tourism or construction, and this would develop the real estate sector in it continuously, which will benefit the profitability of its real estate investors. As a result, the demand for construction lands in Antalya has increased, which are used in the many and varied projects in the region.
Third: Real estate in Antalya is characterized by good quality and reasonable prices compared to the rest of the tourist cities in the world, and most of the properties are located in residential compound that include many services to provide the high luxury , in addition to the wonderful views of the picturesque and diverse nature of the city between the mountains and the sea. As for the villas, most of them are located near the city in a quiet area. The investment of villas in Antalya is characterized by higher returns than apartments due to the great demand for them in all tourist seasons, since they often return to the investor with profits of up to 10% annually by renting them only.