Advantageous purchase of inexpensive
real estate in Oba
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The official administrative center of Alanya is perfect for permanent residence and year-round passive income. Buy a cheap apartment or commercial property in Oba is not easy: due to its developed infrastructure and prestige, the price here is 5-15% higher than the median of the region.
Inexpensive real estate Oba is in high demand
Both are a beautiful waterfront, hypermarkets, markets, clinics, schools, sports centers, a stable influx of European expats and tourists. Inexpensive real estate in the area are chosen for relocation to Turkey, remote work, vacation in retirement. The area resembles European resorts: the beaches are not blocked by hotel complexes, there is a promenade, residences and apartment hotels with a compact area and swimming pools prevail.
Where is the concentration of inexpensive real estate in Oba
A classic problem of all established resorts: the housing stock on the first or third line from the sea is deteriorating, the profitability of properties is declining. Inexpensive real estate in the lower part of Oba district is surrounded by restaurants and stores, there is walking distance to the beach. Renovations required, in some cases redevelopment of housing.
Inexpensive real estate in the upper part – it offers developers at the pre-sale stage: after the completion of the price of housing is higher by 40-65%.
Inexpensive real estate in Oba: the rules of safe choice
Before you buy a home at a price lower than today’s residential, analyze the liquidity of the object, the cost of repair, replacement of appliances and furniture.
By 10-25%: cheaper residential and resort real estate Oba:
- With a view of the neighboring building or fence;
- zero-level buildings;
- near beaches with slabs;
- with the risk of a built-up view;
- no parking;
- troubled developer.
A check of the object’s history and legal clearance is required: apartments in houses with dysfunctional neighbors or third-party claims sell cheaply. Turkey Property Group experts do a qualitative analysis of the property before an offer is submitted to the seller. Investments in inexpensive real estate are profitable, and owners are not in danger of losing title or unexpected expenses.
How to buy inexpensive real estate in Oba area
Turkey Property Group team monitors the market on a daily basis, analyzes offers of primary and secondary segments in all price categories. Leave an application to be the first to receive information about Oba’s liquid low-cost properties.