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Alanya Property Listing

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+90 (554) 152 0020

HomesGravity Property T242APT006

Green Oasis In Alanya

Alanya, Demirtas

47m2

1

1

1

140.000 USD

Residency

Investment

Vacation

HomesGravity Property T242APT004

Luxury Home In Alanya

Alanya, Oba

58m2

1

1

1

199.000 USD

Residency

Investment

Vacation

HomesGravity Property T242APT001

Two Bedroom Apartment In Alanya In Oba

Alanya, Oba

105m2

2

2

1

160.000 USD

Residency

Investment

Vacation

Explore Alanya's Real Estate Market with Homes Gravity
2013-2024 Review

A Comprehensive Review of Property Opportunities in Alanya

In 2023, Alanya’s real estate market experienced notable transformation, indicating its growth and rising popularity. Homes Gravity provides expert insights into why Alanya is becoming a premier choice for property buyers and investors.

Alanya in 2023

Housing Sales by Nationality

Real Estate in Alanya

Trends and Growth (2013-2023)

The real estate market in Alanya, Turkey, has seen substantial growth over the past decade. This expansion has been driven by a variety of factors, including booming tourism, a mild climate, and an influx of foreign investment. Here’s a look at the key trends and statistics related to Alanya property from 2013 to 2023, focusing on property prices, foreign buyers, housing sales, new developments, the rental market, and government incentives.

Property Prices in Alanya

From 2013 to 2023, property prices in Alanya increased by an estimated 50-70%. This rise was largely due to a high demand for real estate in Alanya, fueled by development projects and a consistent stream of foreign investment.

Foreign Buyers and Real Estate in Alanya

The number of foreign homebuyers in Alanya has been on the rise over the past decade. Russian buyers represent the largest group, followed by Germans, British, and Scandinavians. Between 2013 and 2023, the proportion of foreign buyers in the Alanya real estate market grew from 20% to approximately 35%.

Housing Sales and Property for Sale in Alanya, Turkey

Housing sales in Alanya have fluctuated due to political and economic events but have generally trended upward. The most significant increase occurred in 2021-2022, which coincided with Turkey’s citizenship-by-investment program, attracting more international buyers to invest in property for sale in Alanya, Turkey.

New Real Estate Developments in Alanya

Over the past decade, Alanya has seen an influx of new real estate developments, including luxury villas, beachfront apartments, and modern residential complexes. This reflects the increasing demand for high-quality property for sale in Alanya.

The Rental Market and Real Estate in Alanya

With growing tourism and a rise in foreign ownership, the rental market in Alanya has expanded. Rental yields range from 4% to 8%, indicating the potential profitability for investors interested in real estate in Alanya.

Government Incentives and Alanya Property

The Turkish government’s initiatives, such as long-term residency visas and citizenship-by-investment, have played a significant role in attracting foreign investment. These incentives have encouraged more international buyers to explore property for sale in Alanya, Turkey.

Alanya’s Real Estate Market

A Global Center for Varied Investors

Global Interest in Buying Property in Alanya

In recent years, Alanya has captured the attention of international investors seeking to invest in its thriving real estate market. Homes Gravity, an industry leader, reveals insights into the surge of interest and explores the driving forces behind this trend.

Global
Interest
to Buy
Property in
Alanya

Eco-Friendly Developments in Alanya

The demand for eco-friendly and sustainable properties in Alanya has been growing. Developers are increasingly incorporating energy-efficient technologies, green spaces, and sustainable materials into their projects. This shift reflects a broader trend toward environmental consciousness among property buyers, making Alanya real estate more attractive to those seeking eco-friendly living options.

Rise of Smart Homes in Alanya

The trend of smart homes is becoming more prevalent in Alanya’s real estate market. New property developments are featuring advanced automation systems, smart security features, and integrated technology to enhance the living experience. This development attracts tech-savvy buyers and adds value to the property for sale in Alanya, Turkey.

Expansion of Coastal Developments

Alanya’s coastal regions are witnessing increased real estate development. New beachfront apartments and villas are emerging, offering stunning sea views and direct beach access. This expansion along the coast has made Alanya property even more desirable, contributing to a surge in interest from both local and international buyers.

Alanya’s Investment Opportunities

Alanya’s real estate market has become a prime destination for investors. The potential for high rental yields and the appreciation of property values has attracted many seeking real estate investment opportunities. The Turkish government’s incentives, such as the citizenship-by-investment program, continue to play a significant role in attracting investors to the Alanya real estate market.

Alanya's Real Estate, A Notable Transformation

A Growing Destination for Global Investors

Alanya's Shift Toward Modernity

Alanya is transforming, with a clear shift toward modernity. The city is upgrading its infrastructure and urban planning, with new parks, pedestrian-friendly areas, and waterfront promenades. These modern public spaces offer vibrant social hubs for both locals and visitors.

Alanya's transportation system is also evolving, with improved public transport and better connectivity. This modernization enhances the city's appeal, making it more attractive for residents and tourists alike.

The city is embracing technology, integrating digital solutions across various sectors. This digital transformation simplifies everyday activities and supports a more connected community.

Alanya's Reputation as a Safe City

Alanya has earned a reputation as one of Turkey's safest cities. This standing is a significant draw for tourists and residents alike. The city maintains a robust public safety system with a visible police presence, well-lit streets, and effective emergency services.

Community engagement plays a role in Alanya's safety. Local authorities work closely with residents to address concerns and ensure a secure environment.

Alanya's reputation for safety also boosts its real estate market. Buyers and investors are drawn to the city's secure atmosphere, which contributes to the overall quality of life. 

Discovering Alanya's Vibrant Culture

Alanya is a city that beautifully combines tradition and modernity. Historic sites like Alanya Castle and the Red Tower stand alongside modern attractions, reflecting its rich cultural heritage. The city comes alive with festivals, concerts, and art exhibitions throughout the year, such as the Alanya International Culture and Art Festival, which brings together locals and visitors to celebrate culture and art.

 

Alanya's Tourism Industry Overview

Tourism Revenue in Billion USD

Alanya's Tourism Industry Overview (2019-2024)

Tourist arrivals in Alanya have experienced significant fluctuations between 2019 and 2024. In 2019, the city welcomed 2 million tourists, but this number dropped sharply to 500,000 in 2020, a 75% decrease due to the impact of the COVID-19 pandemic. Recovery began in 2021 with a 60% increase to 800,000 visitors. By 2022, the number of tourists nearly doubled to 1.5 million, and in 2023, it's estimated to return to 2 million, a 33.3% increase from the previous year.

Revenue from tourism in Alanya followed a similar pattern. In 2019, tourism revenue was USD 3 billion, contributing 35% to the local GDP. The pandemic's effects in 2020 caused a drastic drop to USD 1 billion, with a contribution of only 15% to GDP. As the industry recovered, revenue rose to USD 1.5 billion in 2021 and USD 2.5 billion in 2022, with a 30% contribution to GDP. For 2023, the estimated revenue is back at USD 3 billion, matching 2019 levels and contributing 35% to GDP.

Alanya Real Estate Market Overview (2019-2023)

Property prices in Alanya have shown an upward trend. In 2019, the average price per square meter was 3,500 Turkish Lira (TRY). This figure dipped to 3,000 TRY in 2020, likely due to the impact of the COVID-19 pandemic. However, by 2021, prices increased to 4,000 TRY per square meter, rising to 5,000 TRY in 2022. In 2023, it's estimated to reach 6,500 TRY per square meter, indicating a significant growth in the real estate market.

Total housing sales in Alanya have also seen fluctuations. In 2019, there were 60,000 sales, but this number dropped to 50,000 in 2020. The market rebounded in 2021 with 55,000 sales, and by 2022, it reached 70,000. The estimated sales for 2023 are 85,000, demonstrating a steady recovery and growth in the market..

The number of sales to foreign buyers has generally increased. In 2019, there were 8,000 sales to foreigners, which dropped to 6,000 in 2020. However, by 2021, sales to foreigners increased to 7,000, reaching 9,000 in 2022. The estimate for 2023 is 12,000 sales to foreigners, suggesting a growing interest in real estate in Alanya among international buyers..

Alanya real estate market in recent years

Revitalization of Urban Areas

Alanya is undergoing significant urban revitalization, with many older neighborhoods being transformed through redevelopment and renovation. This resurgence has driven up property values and drawn interest from buyers looking for residential and commercial real estate opportunities in Alanya.

The revitalization efforts are transforming the cityscape, providing new opportunities for investment and creating a more vibrant urban environment.

Alanya's Luxury Property Segment

The luxury real estate segment in Alanya is booming. High-end villas and upscale apartments with premium amenities are gaining popularity among affluent buyers and international investors.

These luxury properties often offer breathtaking views, private pools, and concierge services, catering to a growing market of luxury property seekers. This trend adds a sophisticated edge to the Alanya real estate market.

Growth in Retirement Communities

Alanya is becoming a popular destination for retirees, both local and international. This has led to the development of retirement-friendly communities with facilities and services tailored to senior residents. These communities offer a range of amenities, including healthcare services, social activities, and accessible living spaces.

The growth of retirement communities is reshaping the demand for specific types of property for sale in Alanya, Turkey, making it an appealing choice for those looking to retire in a beautiful and welcoming environment.

Alanya's Emphasis on Community-Centric Developments

A growing trend in Alanya's real estate market is the focus on community-centric developments. These projects aim to create inclusive and vibrant neighborhoods with shared amenities such as parks, community centers, and recreational facilities.

The emphasis on fostering a sense of community and connectivity is attracting families and individuals who value social interaction and communal spaces. This approach to real estate in Alanya aligns with the rising demand for integrated living experiences, encouraging a harmonious balance between private and shared spaces.

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