Antalya and Alanya Real Estate: Market Compare
PROPERTY CHOİCE
Antalya is much larger than Alanya in size, but the real estate market on the coast today is much smaller.
This is due, firstly, to the location of the city. Most of Antalya is located on a rocky coast high above sea level (center and Lara region), where you can’t talk about the walking distance of the beach.
The other part is located far from the sea: Kepez and Deshemalti are Turkish areas where it is difficult for foreigners to adapt.
The Konyaalti area is considered the most suitable area for foreign buyers. But it is almost completely built up.
The huge Konyaalti is divided into microdistricts, the most popular among foreigners - Liman, Hurma, Gursu.
Even in the youngest of them - Liman microdistrict, which is extremely popular among foreign buyers, for several years there has been an acute shortage of land in close proximity to the sea.
New projects on the first coastline are piece-by-piece, apartment prices in such complexes start at 300,000 Euros.
When searching for an apartment within a radius of 500 meters from the coastline, potential buyers will receive from the agency a very limited number of options, mainly in the secondary market.
The primary market is very scarce - the distance to the sea from new projects will be at least 1000 m.
Nevertheless, apartments in new projects by well-known developers are being bought up at the construction stage.
The advantage of Alanya is precisely in its location - the city is stretched along the sea, from the north it is limited by a chain of Toros mountains. There are no rocky coasts, from any area of the city you will find yourself on a gentle sandy beach. Therefore, there is a demand among foreigners for each district of the city.
The center of Alanya and the surrounding areas are quite densely built up for a long time. Here, just as in Antalya, there are few offers of the primary market. Unit investment projects in the center are in great demand, their prices are high, apartments are being sold out quickly.
The districts located to the east of the center - Oba, Kestel, Mahmutlar, Kargicak - have been experiencing a real construction boom in recent years and occupy leadership positions in the number of housing sold to foreigners.
Here you can still find investment projects on the first coastline, apartments of different layouts of the primary market within a radius of 300 m from the sea.
But land scarcity is already acutely felt. The first and second coastlines are almost completely built up.
In Mahmutlar there is already an active Ataturk Avenue (500-600 m to the sea). Until recently, this area was not in demand at all, and now even the largest developers are buying land here for their facilities.
INFRASTRUCTURE OF RESIDENTIAL COMPLEXES
One of the main differences between Antalya real estate and Alanya real estate is the internal infrastructure of residential complexes. In Alanya there are a lot of hotel-type residences with maximum occupancy: outdoor and indoor pools, SPA, fitness room, large landscaped area with places for relaxation. There are residences with their own restaurants, large sports fields and even shopping centers. To attract buyers, large developers are introducing an increasing variety of projects.
In Antalya, where the land is more expensive and the plots of land themselves are not large, hotel-type residences are very few. In most residences, developers are limited to a swimming pool, parking, sauna and a small fitness room.
FEATURES OF APARTMENTS
In both cities there are apartments of various layouts: from small two-room apartments to huge penthouses:
- Studio apartments were prohibited for construction in 2017, there were more of them under construction in Alanya, so you can still find studios in the secondary market, there are no longer any studio offers in Antalya.
- Apartments in Antalya with a 1 + 1 layout (two rooms) are mainly built on the first (entrance) floor. The selection of such apartments on the middle floors, even in the secondary market, is very meager, but there are.
In Alanya, the first floors are usually occupied by infrastructure, there are many residences where 1 + 1 apartments are on each floor.
The area of 1 + 1 apartments in Alanya is larger than in Antalya, usually due to spacious balconies.
- 2 + 1 lay-out apartments (three rooms) in both Alanya and Antalya are being built on the middle floors. In Alanya, these are apartments mainly with 2 bathrooms and a larger area than in Antalya.
- Apartments 3 + 1 in Antalya are represented mainly by duplexes (duplex apartments on the upper floors). The selection of one-level apartments with 3 bedrooms is very limited. In Alanya there is more choice, but duplexes are also a priority for developers.
In addition to the larger area, Alanya’s apartments differ from Antalya’s also in higher ceilings and spacious balconies, more like terraces.
VILLAS
In the city of Antalya there are whole areas of villas, but all of them are located far from the sea: in the region of Deshemalty, 10-15 km from the beach of Konyaalti, or in the region of Unjaly, 5 km from the sea. At a closer distance to the sea, there are small complexes of villas in the Lara / Kundu area - the cost of a villa here is from 500,000 Euros.
In Alanya, the secondary market of villas in the Kargicak district on a hill is very widely represented. Many villa complexes have been built here with views of the sea, mountains, Alanya fortress. The owners of the villas are mainly Europeans. The cost of secondary market villas in this area is from 120,000 Euros. There are new luxury villas in the Tepe and Bektash districts, located on a hill above the sea - from here gorgeous views of the sea and the city open. A wider selection of villas in the suburbs of Alanya - Avsallar and Konakli - there are villas even on the first coastline.
APARTMENT RENOVATION
Apartments and villas in Antalya and Alanya are always in fine finish. The standard equipment includes a steel entrance door, interior doors, plastic windows, a laminate and ceramic tiles on the floor, a full set of sanitary ware in the bathrooms and the kitchen, built-in kitchen furniture, a countertop, external shutters with manual or electric drive, spot lighting. In Antalya, developers quite often rent apartments with a stove, oven, extractor fan and air conditioning. In Antalya, laminate is more common as flooring in rooms, while in Alanya, ceramic tiles.
HEATING
One of the main advantages of Antalya apartments is the presence of gas heating, which significantly increases the comfort of living in the winter. Antalya is a fully gasified city, almost any residential complex of the primary or secondary market is equipped with a gas heating system. In many apartments, the system is already fully installed, so the buyer does not need to bear the additional costs of installing batteries.
Gas has not yet reached Alania, although according to the project of the city administration, Alania will also be gasified in a few years. Now heating apartments in Alanya in the winter is possible only with air conditioners or heaters. Therefore, when buying an apartment in Alanya for permanent residence or winter holidays, it is better to choose the south side.
OPPORTUNITY BY INSTALLMENTS
Due to the huge shortage of real estate and great demand in Antalya, installment payment is available only when buying an apartment at the construction stage and only before putting the object into operation. In Alanya, installment payment at the construction stage applies to all objects, plus some developers can provide installment plans for finished apartments. The installment down payment is usually 30% - 40% of the cost.
A mortgage loan can be issued to a foreigner both in Antalya and in Alanya. You can read more about obtaining a mortgage loan here.
RENTAL
In Antalya today it is possible to rent apartments only for long-term rent - for a year or more. All leases for a period of one day to a year are strictly prohibited. Checks are ongoing, fines are quite high. Therefore, investors who want to earn on the rental of their property, we recommend that you focus on Alanya.
PRICE
Antalya is still ahead of Alanya in the cost of apartments and villas, but every year the difference is reduced. According to official statistics, prices in Alanya for 2019 increased by 19% and will continue to rise. In the prestigious areas of Alanya - the center, Both - the cost of apartments is already in Antalya. The most budgetary district of Antalya is Mahmutlar - the cost of apartments here reduces the cost of high-rise construction and Avsallar - in this area the land is not expensive so far. .
For a detailed acquaintance with the prices of various types of objects in Antalya and Alanya, you can use the search on our website.
