Alanya is located about 2 hours drive away from the large international airport at Antalya which serves the entire Turkish Riviera region. As a result Alanya is an easy to reach destination and very popular with British, German, Dutch and Scandinavian holidaymakers.
During the summer months the beautiful resort of Alanya is packed and there is great demand for short-term self-catering rental accommodation and as a result apartments for sale in Alanya are very popular currently with property investors looking at the Turkish real estate market.
If you’re interested in buying property in Turkey you have many options available to you. Turkey is a country covering some 780,000 square meters with resorts all along its 7,200 square meters of Mediterranean, Aegean and Black Sea coastline. But one of the prettiest resorts and one with an incredible wealth of history that is a timeless draw to thousands of people annually is Alanya on the Mediterranean Coast in South East Turkey.
Alanya is possibly most famous as the honeymoon destination for Cleopatra and Mark Anthony. It is a town steeped in ancient and fascinating history but one that only got its current name back in 1934 when Turkey’s then President Ataturk renamed it from Alaiye to Alanya. The summer season in the resort runs from April to October and every year it attracts more visitors as it grows in popularity, therefore property investment in this region can be considered to be very worthwhile.
In terms of the apartments currently for sale in Alanya there are quite a lot of off plan and newly developed units coming onto the market and starting from EUR 34,000 for one bed one bath room properties. For something slightly more rentable with communal facilities including gardens and a pool you’re currently looking in the region of EUR 45,500 for a 2 bed 1 bath apartment close to the beach in Mahmutlar, Alanya.
If you do want to rent out your flat in Alanya then you can rent it out all year round or just for the summer season. If you rent it out for the summer season on a week by week basis you can expect to earn from between EUR 150 a week and EUR 350 a week depending on the size of the property, its proximity to the beach and town centre facilities and also depending on the onsite facilities, with modern apartments with access to a pool fetching the highest weekly rental yield.
