Antalya, located in the southwest of Turkey, has become a popular destination for foreigners looking to buy properties. With its sunny weather, picturesque scenery, and affordable real estate prices, it’s no surprise that many people are choosing to invest in Antalya. In this article, we will explore the reasons behind the increase in buying properties in Antalya in Turkey from foreigners.
Reasons to Buy Properties in Antalya
Affordable Prices
One of the primary reasons why Antalya has become a popular destination for property buyers is its affordable real estate prices.
Compared to other popular tourist destinations in Europe, such as Spain or France, property prices in Antalya are relatively low. This means that buyers can get more for their money and enjoy a comfortable lifestyle without breaking the bank.
Beautiful Scenery
Antalya is home to some of the most beautiful scenery in Turkey. From the stunning beaches to the picturesque mountains, there’s something for everyone in this region. For many foreigners, the prospect of owning a property in such a beautiful location is too good to pass up.
High Rental Income
Many foreigners who buy Real Estate in Antalya do so with the intention of renting them out. Thanks to the region’s popularity with tourists, there is a strong demand for rental properties in Antalya. This means that owners can generate a significant rental income, making their investment in Antalya even more worthwhile.
Easy Access
Antalya is easily accessible from many European countries. With regular flights from major cities across Europe, it’s easy for foreigners to travel to Antalya and visit their properties. This makes Antalya a convenient choice for those looking for a second home or a holiday rental property.
Favorable Government Policies
The Turkish government has made it easier for foreigners to buy properties in the country. In recent years, the government has reduced the minimum investment required for foreigners to obtain Turkish citizenship, which has made it more attractive for property buyers.
Additionally, the government has introduced a range of incentives, such as tax breaks and residency permits, to encourage foreigners to invest in Turkish Real Estate.