Apartments in Antalya with residence permit
Developed infrastructure, a strong tourism industry, landscaped beaches and numerous entertainment facilities make flats in Antalya ideal for investment, permanent residence and seasonal holidays.
New complexes attract buyers and tenants with a wide range of amenities such as swimming pools, gyms, landscaped gardens, playgrounds for children, recreation areas with free Wi-Fi, 24-hour security and concierge service. Studios, apartments and penthouses included in such projects are characterised by thoughtful layouts and modern design.
Secondary apartments in Antalya for investment and living can be found in older buildings at more affordable prices. Some of them are in need of renovation, after which the value of the property will increase significantly.
Apartments and flats in Antalya located in the following neighbourhoods are in the highest demand among buyers:
- Lara. It is a popular tourist area with clean sandy beaches and its own harbour. A wide range of restaurants, bars and clubs make local flats a potential source of high and stable rental income.
- Kaleici. A neighbourhood with cobbled streets, ancient buildings and cultural attractions attracts tourists wishing to explore the rich history of the city. Its infrastructure includes cafes, souvenir shops and observation decks.
- Konyaalti. It is a tourist area with Blue Flag quality beaches. Here you can find luxury apartments for sale in Antalya overlooking the Mediterranean Sea and the Taurus Mountains.
- Belek. It is a family neighbourhood with developed infrastructure. Apartments located on its territory are in demand among expats and locals due to the large number of parks, footpaths and playgrounds.
- Kalkan. This is a resort area and a well-known tourist destination. It is located on the Mediterranean coast and therefore attracts buyers and tenants interested in an investing apartment in Antalya with beautiful views and easy access to the beach.
Residence permit in Turkey by buying an apartment in Antalya
Many foreigners decide to buy an apartment in Antalya not only for profit or personal use, but also to participate in the programme of granting residence permit in Turkey by real estate purchase. What you need to know before applying:
- It is allowed to purchase one or more properties of any type, including flats, private houses, building plots and commercial premises;
- The cost of apartments in Antalya purchased under the investment programme must be at least $200,000;
- Ikamet procedure may take from 1 to 3 months;
- Foreigners can not only buy an apartment in Antalya and get a residence permit but also include their spouse and close relatives to the application;
- The validity of a residence card is 2 years;
- A foreigner can renew the residence status an unlimited number of times as long as the purchased property is in his/her possession;
- An investor may apply for naturalisation citizenship after living in the Republic with an ikamet for 5 years.
There are also faster ways to apply for citizenship in Turkey. Foreigners who have invested $400,000 or more in local property can immediately apply for a passport without first obtaining a residence permit.
Investment apartment in Antalya
In August 2024, the average apartment prices in Antalya increased by 16.87% year-on-year. This makes them among the most investment-attractive properties in the property market in Turkey in terms of capital growth.
The average profitability of rental housing ranges from 5.17–6.05% per annum. The greatest benefit is brought by apartments located near the beach and rented out on a daily basis. Owners pursuing this strategy are required to be highly engaged. They must regularly seek out and move in new tenants, as well as clean and maintain the units. However, these tasks can be delegated to specialists from management organisations.
FAQ
Citizens of any state except for Syria, Armenia, Cyprus, Cuba, Eritrea, Taiwan, North Korea and Syria have the right to purchase any type of property in Turkey. Foreigners are prohibited to own only objects located in close proximity to military infrastructure and land plots with an area exceeding 30 ha.
Under the legislation of the republic, there are restrictions for property buyers from specific countries. For example, Russian citizens do not have the right to own objects on the Black Sea coast.