Apartments for Sale in Antalya

Antalya has been a favorite holiday destination for the vast majority of tourist thanks to its stunning southern coast beaches as well as its historical sites, these are just the tip of the iceberg in terms of factors which makes Antalya an investment haven. Buying Apartments for sale in Antalya can be the best investment decision foreigners can make when moving into Turley, not to mention the perfect Mediterranean climate and diverse property options at a significantly lower price ranges compared to European coastal areas.

In this article you can find everything you need to know to find the most suitable Antalyta apartments for sale for your needs. 

Why Buy an Apartment in Antalya?

Why choose Antalya flats for sale? Antalya has become a popular tourist destination, which is appealing to investors to invest in new projects as well as commercial properties, which is critical for economic growth and higher demand for holiday apartments in Antalya.

Benefits of Buying an Apartment in Antalya

Buying an apartment in Antalya come with benefits that are advantageous to both investors and homebuyers. Some of the main benefits of buying apartments in Antalya include its affordable prices when compared to many European coastal areas, additionally, due to the growing demand from both local and foreign buyers, to buy apartment in Antalya it can offer higher return potentials in the future compared to many other places. further benefits include the excellent quality of house construction and Antalya’s good rental income, additionally, due to Antalya's popularity as a tourist destination, the rental income can provide a steady income for property owners. 

Overview of Antalya Apartment Market

Antalya's apartment market has grown steadily, with modern and high-quality construction features like pools and gyms, and the fact that all of these features come at a relatively low cost is an advantage when compared to many properties in Europe's coastal areas.

Current Market Trends

The current Antalya apartment market has experienced a lot of movement in a steady rate, some of the main factors which has made buying a property for sale in Antalya a smart investment are the average apartment prices, potential rental income and the expected average investment returns.

The average prices Antalya apartments range from $159,000 to $551,000 especially near areas such as Belek. A two-bedroom apartment in popular locations like, Konyaalti beach start from 180,000 euros to 200,000 euros.

The average rental income is 93.56 TL and the average monthly rent for apartments is 10,300 TL. The annual rental yields are 6-8% and the property values have doubled since last year. 

Market Stability and Growth Potential

Overall, strong demand, modern infrastructure, and tourism influences have kept Antalya's market stable. Stability is only one of the factors that make this market favorable, the growth potential of Antalya's real estate market is looking promising due to a few form factors: rising property prices, investment returns, favorable policies, and location appeal, all of which make the market both stable and poised for continuous growth. These factors make the market for Antalya apartments for sale a stable and convenient option for investors and homebuyers.

Types of Apartments Available in Antalya

One of Antalya’s advantages is its diverse property-type options there are luxury apartments and cheap apartments, both of which can have sea view or be beachfront as well as being new/of-plan. Not only apartments, but houses and villas for sale in Antalya are also a great buy.

Luxury Apartments

Finding a luxury apartment in Antalya is among the easiest type of properties to find due to the great number of projects which are built, many of which have a sea view and range from one to four bedrooms. Finding luxury apartments for sale in Antalya has never been easier. With so many new projects being built, you have a wide range of options to choose from. These apartments have the most luxurious furniture and interior decorations, making them an excellent choice for those looking for a lavish and stylish living space. 

Cheap Apartments

Finding a cheap apartment in Antalya can also be relatively simple, but cheap does not always imply boring. Cheap apartments for sale in Antalya can have their own style, features, and sizes, and these furnished apartments in Antalya can also have decent locations when compared to other apartments, all while remaining reasonably priced.

Sea View and Beachfront Apartments

Apartments for sale in Antalya with sea view are popular among buyers due to their stunning views of the sea and proximity to the city center. A sea view apartment is ideal for anyone looking for stunning views while remaining close to the city center. On the other hand, Beachfront apartments in Antalya have some of the highest demands due to their direct access to the beach, because of this high demand, the value of the property will always increase over time and this can be favorable to not only investors but to homebuyers as well.

New and Off-Plan Apartments

Because off plan apartments in Antalya are less expensive than fully built apartments, they can be an excellent opportunity to enter this growing market. New apartments in Antalya also have a choice of units when it comes to pre-purchasing a house, and the value of these apartments can grow over time, especially with Antalya's real estate market, which means that when buying new apartments in Antalya, you will have a choice of selecting the same sized apartments within the complex.

Apartment Prices in Antalya

Antalya apartment prices have seen a steady increase, as have properties for sale in Turkey, so the range of apartment prices and the factors influencing the prices differ.

Range of Apartment Prices

Antalya apartment prices range from 159,000 to 551,000 dollars but of course there are more expensive options as well as some more affordable cheap apartments in Antalya, for instance a two-bedroom apartment in Konyaalti beach is around 180,000 euros while  the same size apartment in Belek can go for 551,000 euros and some penthouses with sea view can be upwards of 600,000 euros, these luxury apartments in Antalya usually have access to private pools, fitness centers and close proximity to the beach, these amenities have direct impact on the apartment prices. 

Factors Influencing Apartment Prices

Apartments for sale in Antalya can be influenced by a variety of factors, including economic growth, interest rates, and inflation, location factors (proximity to the sea, infrastructure development, and neighborhood characteristics), market trends, and supply-demand dynamics. These factors influence the price of condo for sale in Antalya, but we must also consider some of the major factors, such as governmental and global events, which can have a significant impact on Turkey's real estate market.

Popular Areas to Buy Apartments in Antalya

What are some of the most popular locations for apartments in Antalya for sale? Here are ten of the most popular areas with high demand for apartments, as well as apartments for sale in Antalya with a sea view.

Lara

Lara boasts beautiful apartments, sandy beaches, and incredible amenities, It is a sought-after location for both residents and investors alike because besides being close to the urban center there are also nonsleeping city life.

Konyaaltı

Konyaaltı provides beautiful beach views and is a vibrant area for living. It also has a variety of restaurants and there are many types of apartments available here which are not too expensive, but of course there are luxurious options available as well, suited for your taste.

Doumlşemealtı

For those who seek tranquility, Dosemealti is an attractive option because it has a peaceful environment alongside affordable residences, big lands, beautiful scenery, and improving infrastructure. However, it is far from the central business district, has inadequate transport services, a slow lifestyle, and emerging infrastructures.

Belek

Its world-class golf courses, luxury resorts, sandy beaches, and historical sites are why Belek is renowned making it a favorite destination for tourists and property investors.

Kundu

What makes Kundu so appealing is the Mediterranean climate that it has, and so many luxurious resorts but there are also some beautiful beaches alongside some modern infrastructure which offer some strong investment opportunities hence being a place where residents would love to stay and tourists would like to visit.

Muratpaşa

The Muratpaşa provides, with superb public transportation system, modern amenities, such as shopping centers, parks, cultural venues, and restaurants, and that makes everyday life much easier, ensuring development and variety.

Kepez

Kepez provides an inexpensive environment to buy an apartment, benefits from improving infrastructure, is surrounded by natural green spaces, has better public provision and investment prospects for a buyer.

Aksu

If you are thinking about investing in real estate, then one of the best places that you could consider is Aksu. It is great for investment purposes because; it has an increasing infrastructure, real estate is not expensive at its initial stage, it is close located around Antalya and offers a good return on property investments thus making it an ideal place for such investments.

Serik

Serik, a charming area near Antalya, is a destination in Turkey admired for its historical significance, natural beauty and rich agricultural sectors. It is a serene community set between the past and contemporary settings.

Investment Opportunities in Antalya

Antalya investment apartments play a significant role in the economy of Antalya's real estate market, and the opportunities for investment are limitless. Apartments for sale in Antalya are an excellent long-term investment that can influence people's demand for real estate.

Why Invest in Antalya Apartments?

Antalya's high tourism sector demand and its southern coast Mediterranean climate have captured the interest of many investors, resulting in increased infrastructure development and favorable prices over time, which can provide a good opportunity for rental income as well as flipping apartments in Antalya for investment.

Success Stories

"When we explored Antalya in 2021, we were immediately enchanted by its breathtaking coastline and lively culture. With advice from local experts, we purchased a luxury sea-view apartment near Lara Beach. It soon became our second home and a sought-after vacation rental. The consistent rental income and the warm welcome from Antalya's community have far surpassed our expectations. We now enjoy a blend of business success and the relaxed Mediterranean lifestyle here."
  -Emily and Michael

“Upon visiting Antalya in 2023, I was struck by its magnificent coastline and inviting Mediterranean climate. Following local expert recommendations, I bought a sea-view apartment near Lara Beach. It quickly turned into a lucrative rental property and a personal haven. The allure of Antalya and the reliable rental income have made it an excellent investment. I am thrilled with the financial rewards and the serene lifestyle this beautiful part of Turkey offers.”
 -Daniel

How to Buy an Apartment in Antalya

Here's a step-by-step guide to buy apartments for sale in Antalya, as well as some tips for foreigners to help them understand the process of buying a house in Antalya. 

Step-by-Step Guide

Finding and to buy apartment in Antalya is relatively a standard process. After paying a visit to Antalya, you can familiarize yourself with its different locations. After finding the designated location, based on your budget and the purpose of purchase, you should find a trustworthy realtor and then finally make your purchase, which consists of getting a tax number from the tax office, having at least 6 months valid passport, getting an appraiser report, getting DAB (Döviz Alim Belgesi) and then finalizing the title deed transfer (Tapu) at the land registry office.

Tips for Foreign Buyers

If you are a foreign buyer, you should know a few tips to ensure a positive experience when purchasing Antalya apartments for sale. It is always recommended to work with licensed agents who have established offices rather than freelancer agents. When purchasing a ready property, ensure it has the İskan habitation certificate and Tapu Takyidat document, proving it is free of debt and legal issues. Finally, consider hiring a local lawyer who speaks your language so that there are no language barriers. Aside from these main tips, you can research the developer and their recent projects if the house you're buying is still under construction, as well as become acquainted with the Antalya market.

Buying an Apartment with a Mortgage or Payment Plan

Mortgages are not only available to Turkey citizens, apartments for sale in Antalya with payment plans are also available to non-residents. Turkish banks offer mortgages to foreigners for up to 50% of the value of apartments for sale in Antalya with payment plan. Everything you'll need is:
1. A valid passport.
2. Provide proof of income in your country.
3. Last three months' bank statements.
4. Turkish Tax Number
5. Obtain a copy of the title deed for the property being purchased.
Denizbank, Ziraat Bank, and Kuveyt Turk Bank are some examples of banks that offer mortgages to foreigners for up to ten years. Keep in mind that interest rates vary by bank, so do your research before committing to this process.

Property Purchase Tax in Antalya

As a foreigner, it is critical that you fully understand the property purchase tax in Antalya in order to have a smooth process of obtaining your property in this country.

Understanding Property Purchase Tax in Antalya

Antalya property taxes are currently set at 4% of the declared value in the land registry. The deadline for installments on this tax can be done in two or one, but we recommend the single one-time payment because it provides the buyer with peace of mind.

Tax Rates and Regulations

When both the buyer and seller are Turkish citizens, the 4% buying property tax in Antalya is typically split equally, however, if the buyer is a foreigner, according to the laws of real estate tax in Antalya, the buyer is required to pay the entire amount of the tax.

Tips for Managing Property Purchase Taxes

As previously stated, property tax rates in Antalya can vary depending on the location of both parties when the contract is signed. This tax can be paid in two installments, one on March 1st and ending on May 31st, with the second installment due in November; however, it is possible to pay this tax all at once on the first installment, which can help manage your taxes. There is also an easier way to manage this tax: hire a professional real estate property management service to ensure that your property is well-cared for. 

Ongoing Maintenance Fees for Apartments in Antalya

Property maintenance fees in Antalya are relatively low when compared to other coastal areas in Europe, but they can vary depending on a few factors.

Typical Maintenance Costs

Typical property maintenance fees in Antalya range between 200 and 600 Turkish Lira, but this is an average cost that can increase or decrease depending on a variety of factors. These factors can have a direct impact on the ongoing maintenance costs in Antalya, and understanding them can greatly benefit you in the future.

Factors Affecting Maintenance Fees

There are five major factors that can affect the Antalya property upkeep costs, which are:
1. Property location 

2. Apartment size 

3. Official government housing values.
4. Heating options for winter.
5. Methods of heating water
Real estate maintenance fees in Antalya can determine whether your maintenance fee is low or high. 

Managing Maintenance Costs

No matter how well you maintain your property, there will always be some wear and tear that needs to be repaired over time, as well as cleaning fees if you rent it out. You can ask the tenants to clean after themselves, but that may not be enough for future tenants, so this can be another expense that accumulates over time. Pools can also become one of the property management fees in Antalya that require maintenance and should be factored into monthly expenses. Finally, if your home has a yard, gardening costs can become an issue, particularly in Turkey, where grass and shrubs grow faster due to the Mediterranean climate. 

Renting Out Apartments in Antalya for Rental Income

Renting out an apartment in Antalya is one of the most reliable ways to generate a secondary income, but it is critical to understand the new regulations as of 2024 so that there are no issues when signing a contract with the tenants.

Overview of the Antalya Rental Market

The Antalya rental market can be divided into two categories:
1. Short-term rentals: Due to high demand and seasonal fluctuations, Airbnb/booking prices vary significantly during peak seasons and make it a great opportunity to have a decent rental income.
2. Long-term rentals: Long-term rentals, on the other hand, have stable demand and typically attract locals and expats looking for long-term stays, resulting in a consistent rental income for the home owner in the long run.

Potential Rental Income

Earning rental income in Antalya is done in two categories:
1. Short-term rentals:
Depending on the location of your property, a two-bedroom apartment can earn 1,000 to 2,500 Turkish Lira per week during peak season, however, these prices change according to the proximity of the apartment to the beach which can be a very profitable way of having a rental income from Antalya apartments.

2. Long-term rentals:
The average two-bedroom apartments in Antalya Turkey can be rented for 5,000 to 12,000 Turkish Lira per month, while luxury villas cost between 15,000 to 40,000 Turkish Lira per month. 

Legal Requirements for Renting Property

The legal requirements for renting an apartment in Antalya includes the following:
1. Signing the rental agreement at a local notary with an official translator.
2. The owner and tenant agree on the official terms.
3. Rent must be paid in Turkish Lira, unless otherwise agreed upon.
4. Tenants should understand their rights under Turkish laws.
Finally, it is recommended that the rental contract be renewed annually and that the tenants provide a notarized evacuation commitment so that the apartment rental process in Antalya runs smoothly as possible.

Frequently Asked Questions Apartments for Sale in Antalya

What are the apartment prices in Antalya?

The average price range is between $159,000 to $551,000 for more luxury options,

What are the best areas to buy apartments in Antalya?

The top ten places we recommend in Antalya are: Lara, Konyaaltı, Kaleiçi (Old Town), Döşemealtı, Belek, Kundu, Muratpaşa, Kepez, Aksu and Serik.

Is it a good investment to buy an apartment in Antalya?

Buying flats in Antalya can be a good investment because the property value increases over time, as does the potential rental income from that property.

What is the process of buying an apartment in Antalya for foreigners?

Finding apartments for sale in Antalya is not too difficult, just do some research on potential locations and property types, pick a reliable real estate agent, pay a visit to the property, examine it, establish a Turkish bank account, get a property appraisal report, sign a sales contract with a deposit, complete the final title deed transfer at the Land Registry Office, and register the property and utilities with the municipality.

Are there cheap apartments for sale in Antalya?

Yes, naturally, considering that many of the reasonably priced, cheap flats for sale in Antalya include all the essential furniture, they can be an excellent choice.

What types of apartments are available for sale in Antalya?

There are many different kinds of apartments in Antalya for sale, ranging from luxury flats for sale in Antalya to cheap apartments as well as new/off plan apartments in Antalya, and many of them have views of the sea or even being beachfront.

How do I find luxury apartments for sale in Antalya?

While it is advised to visit Antalya and view the apartment in person, there are alternative options as well, including using online real estate portals and real estate companies to assist in locating your ideal apartment in Antalya.

Can I buy an apartment with a sea view in Antalya?

These apartments may be the ideal investment for you if you value the convenience of being nearer to the city center and having stunning views of the sea, as many of us do.

What are the legal requirements for buying an apartment in Antalya?

obtaining a Turkish bank account, obtaining a tax number, signing a sales agreement between the buyer and seller, obtaining a report from a property appraiser, and ultimately transferring the title deed.

Can foreigners buy apartments in Antalya?

Yes, they are able to purchase any kind of apartment in Antalya without any limitations, and Turkish banks also offer mortgage options.

What are the financing and mortgage options available?

Foreigners can obtain a mortgage in Turkey from Denizbank, Ziraat Bank, and Kuveyt Turk Bank, with up to 50% of the total property value available for mortgages with 10-year payment plans.

Conclusion Apartments for Sale in Antalya

Antalya has captured the interest of both homebuyers and investors due to its relatively affordable apartment prices compared to other European coastal regions, strong rental income prospects, and a thriving tourism industry. The market offers a diverse range of apartment types, including luxury, sea view, beachfront, and budget-friendly options, all while benefiting from Antalya's pleasant Mediterranean climate. Current market trends indicate steady economic growth and high rental yields.

Summary

For foreign buyers looking to purchasing apartments for sale in Antalya, the process is relatively straightforward: after identifying the ideal property, you simply need to open a bank account, obtain a Turkish tax number, sign a sales contract, and finish the title deed transfer. The real estate market in Antalya offers a solid and encouraging avenue for investment with significant room for expansion