How much does an apartment cost in Alanya. Cost of apartments in Alanya – 2021

Alanya is a popular resort town in Turkey, located on the Mediterranean coast. Alanya belongs to the province of Antalya and is only 130 km away from it. Real estate in Alanya is chosen by investors who want to earn money on speculative transactions, rent out real estate and relax in Turkey in their own apartments with their families. The city has well-developed resort areas that attract many tourists and where real estate is great for rent: Incekum, Mahmutlar, Konakli, Avsallar, etc. We will tell you about them below. Below in the article you will also learn about the cost of apartments in Alanya, Turkey.

Cost of apartments in Alanya for holidays, rent and permanent residence

The choice of an apartment depends primarily on the buyer's goals. First, you need to understand how the future owner plans to use the apartment. This will determine its cost, location, and area. For example, if the buyer wants to buy an apartment so that he or she does not have to rent an apartment or hotel every time he or she vacations in Turkey, and rents out the property the rest of the time, then options in new residential complexes with extensive infrastructure, an area of 50-60 m2, within walking distance to the sea will suit him or her perfectly. The cost of such an apartment in Alanya will vary from 45,000 to 75,000 €. If you look at the market in Alanya as a whole, there will be the following range of prices for apartments: from 34,000 to 300,000 euros. If you look at apartments for personal vacations , and rent them out the rest of the time, then you need to decide what is more important: for yourself or renting out. The result of choosing an apartment may differ in different situations. And this should be taken into account so that the investor does not have any misunderstandings in terms of profitability. But if we focus on rent , then it is better to rent out what is closer to the sea. The main demand from tenants is the first or second line (no more than 500 meters to the beach), so that it is comfortable to walk to the sea and back in the heat. The most popular are 1 + 1 and 2 + 1 apartments, with an area of 50-70 m2. For resale, it is most interesting to consider apartments that are just starting to be built. In such cases, developers go for maximum discounts, because they attract investments to their project. During the construction process, real estate prices increase from 10 to 40%. Projects are built on average 16-18 months. Liquid apartments will be 1 + 1, no further than 1 km from the sea, with a transport interchange, good infrastructure around the complex. You can see the current offers of properties in our catalog of real estate in Turkey .

How much does a new building apartment cost in Alanya?

The primary real estate market in Alanya is growing at a rapid pace, construction and infrastructure have not yet even covered all areas of Alanya. There is a construction plan for each area, so sooner or later the old low-rise buildings will be demolished and new complexes with hotel infrastructure will be built. As we have already said, the cost of housing in Alanya depends on the location: the closer to the sea, to the center of a large city, the airport – the higher the cost. A view of the sea, the center, a view of a landmark have a good effect on the cost. In Alanya, the cheapest areas for buying real estate are Mahmutlar and Avsallar, here apartments in a new building will start from 40 thousand euros. The average comfortable option for recreation, which is often chosen by our clients, is an apartment costing 50-70 thousand euros.

The cost of apartments in Alanya on the secondary market

On the secondary market in Alanya, the cost of apartments starts from 35,000 – 37,000 € (this is the minimum price). For this amount, you will get apartments 2-5 km from the sea, in a house built around 2010-2015, in a complex with a swimming pool, but without developed infrastructure. The most budget options can be found in Avsallar and Mahmutlar.

Check out our article “ 10 Alanya Districts to Live in and Buy Property ” for a map of the districts and a detailed description of each one.

If we consider an apartment in Alanya worth 70,000 – 90,000 € on the secondary market, the client will find spacious apartments 2+1, 3+1 or penthouses. Such apartments will be furnished and renovated, in a good location, with an area of about 100 m2, but in a building without extensive infrastructure.

Cost of apartments in Alanya by districts

The cost of apartments in Alanya varies depending on the area. As we have already said, the most affordable today are apartments in Mahmutlar, Avsallar, Oba, and the most elite – in Kargicak.

Apartment prices in Alanya. Oba district

The average price for apartments in Alanya in new buildings in the Oba area will be 60,000–65,000 euros. For this amount, you can buy a 1+1 apartment of 60–65 m2, 1 km from the sea. The complex will have good infrastructure, including swimming pools, playgrounds, a fitness center, saunas, and a barbecue area.

Apartment prices in Alanya. Mahmutlar district

Mahmutlar has the lowest real estate prices. This is due to the fact that there are no restrictions on the number of floors in this area, and developers can build more apartments, thereby reducing the cost of a separate apartment. The cost of apartments on the secondary market starts from 30,000 euros – these are small studios. Apartments in a new residential complex with infrastructure at the construction stage will cost from 38,000-40,000 euros with an area of 55 m2. At the same time, the distance to the sea is 250-400 m.

Apartment prices in Alanya. Kargicak district

The average price for new apartments in Alanya in this area is 60,000–70,000 euros. Apartments with a view in a new residential complex on the first line can be found for 55,000 euros with an area of 50 m2. If you are interested in villas, then at a distance of 1–2 km from the sea at the construction stage you can buy a villa of 200–300 m2 in a complex for 150,000–200,000 euros.

Apartment prices in Alanya. Avsallar district

The average price of apartments in Alanya Avsallar starts from 50,000 euros for a 1+1 apartment. Investment projects of complexes under construction can start from 38,000 euros for an apartment of 55 m2. In general, it can be said that real estate in Avsallar has an excellent price-quality ratio.

Apartment prices in Alanya. Cikcilli area

How much does an apartment in Alanya in the Cikcilli area cost? The cost of apartments on the secondary market starts from 45,000–49,000 euros, and at the construction stage the minimum cost is from 43,000 euros. On average, a 1+1 apartment of 55–60 m2 in a good complex with infrastructure will cost from 65,000 euros. The distance to the sea from such a complex will be about 2 km, and to the center of Alanya – 3 km.

How much does an apartment cost in Alanya in the Konakli area

The average price of an apartment in this area of Alanya starts from 45,000 euros, but these will be apartments with an area of 55 m2 and a short distance from the beach.

Apartment prices in Alanya. Kestel district

The average price of real estate in Kestel is higher than in Mahmutlar. It is mainly Europeans who buy here. Apartments of 45 m2 at the construction stage near the sea and about 80 m2 away from the sea (1-2 km) will cost from 45,000 euros.

Apartment prices in Alanya. Tosmur district

The average cost of apartments in Alanya in this area starts from 65,000 euros, but this will be an apartment of about 100 m2 and 200-500 m to the sea in a complex with hotel infrastructure.

Cost of apartments in Alanya. Area Center of Alanya

In the center of Alanya there are different real estate offers: inexpensive apartments near the beach for 50,000-55,000 euros and penthouses with panoramic sea views for 200,000 euros, while villas can cost up to a million euros.