Is Alanya Real Estate a Good Investment?

Purchasing real estate for investment in Alanya is a great way of earning profit.If you are a foreign investor wondering how to benefit or invest your money then you are in luck.We are going to discuss the smart methods for these procedures for foreign citizens, and the best place to do these is in Alanya.Assuming that investing or saving your money in the bank for your benefits has its downfall. Saving money in the bank makes the bank rich, but investing in real estate makes you richer.

Do it The Wealthy Way

People wonder why the millionaires have so many homes and have good relations with construction companies. What do they do with so much real estate? It is a smart asset to achieve because real estate never loses its value either in today's or tomorrow's market. According to studies, it has shown that the wealthiest individuals own so many properties instead of keeping their money in banks. It is the primary way for millionaires to invest their money.So buying apartment in Turkey could be your first step to becoming a real estate investor and who knows maybe a millionaire…

Real Estate Investment in Alanya Turkey

Alanya has always been the pearl of the Mediterranean coast targeting the tourism market.The real estate market in Alanya is by far the best performer within Antalya real estate market.

Advantages in Investment Property

Buying property in Alanya has its advantages for a foreign citizen. According to the Turkish government, the investor, their spouse, and children (under the age of 18) will receive full Turkishcitizenship; hence, the investment in Turkey real estate should be at least 400,000 USD for this to happen.But offspring above age 18 will receive a permanent residence permitNevertheless, if this value is doable you will be able to afford the best locations in Alanya, luxurious villas, and penthouses. Maybe even buy two properties to your liking and taste.

Permanent Residence Permit in Real Estate Investment

If this amount of money is out of the investor’s budget, they can easily purchase for less and still receive a permanent residence permit. Then you may apply for citizenship after 5 years, there is no dead end.

Inexpensive and Convenient Property in Alanya

Not only is real estate and properties at a reasonable price in Alanya, but also convenient and modern. This resort town has one of the many landscapes for real estate, you can enjoy yourself in and call it home. 

Investment Property in Alanya Turkey

Land and seascape in Alanya are some of the many things that cause tourist attractions.The options of real estate to purchase or invest in Alanya are plentiful, you can either invest property by the popular Cleopatra beach near the town's city center or in the exquisite mountains all for reasonable prices.In Alanya, the turquoise beach is always a few minutes away from anywhere. Which makes it a huge deal for investors to attract their clients' attention into renting or buying their real estate.

Good Profits from Real Estate Investment

There are so many foreigners and tourists flying in and out of Alanya, in both high and low seasons. This is a good target audience for investors.Many investors are willing to rent out the properties they fully purchase, it is considered to be one of the most profitable investments.Because the properties often purchased are new apartments and modern buildings filled with tourist facilities, including gyms, saunas, and even pools.It is up to the investor if he or she is willing to make the real estate into a hotel or host it on Airbnb.If your goal is to earn passive income from renting your property we 

Rental Income In Alanya

The amount of tourists flying in Alanya is an incredible amount of revenue for investors, typically these visitors will need a place to stay, which will result in rental income to the investor

Real Estate Versus Banks

Uncertain Economy Around the World

Banks are known to be a safe place to deposit your savings, but are they the best way to invest? Currencies always shift in value continuously. Most people keep their savings in banks for their interests although that is a good income, yet over time the economy is always fluctuating.Economic-wise, nothing is certain, which causes interest rates to either rise or fall.In addition, storing money in the bank gives the bank access to use it to give other individuals loans. 

Banks and The Real Estate Market in Alanya Turkey

Return on savings in banks is at a small amount while investing in real estate allows you to sell it at a higher value than when you once purchased it. When you are saving money in the bank, you have this urge to use it for your expenses, no matter how disciplined you are.In real estate, the money is tied to this land or property that will be appreciating value, thus keeping your assets intangible and achieving more wealth.