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Cheap housing in the central part of the resort is a priori in top demand from tourists and permanent residents: there is no seasonality, all year round active trade and service. Inexpensive real estate in the center of Alanya is steadily increasing in price, the profit is 15-20% higher than the median for the region.
Cheap real estate in the center of Alanya: the nuances of the market
The dense development in the fortress area is the housing of the last century. The building can be bought cheap, but it needs to be reconstructed, strengthened seismic resistance, replacement of communications.
High traffic of tourists with short-term visits; the benefits of commercial space. Multistory buildings along the commercial streets are over half their useful life; buyers are budgeting for renovation of the premises.
In the center of Alanya is great luck to buy cheap property for demolition and placement of residence with hotel services level 5 *. The price of land is high and the payback of a small plot with a narrow frontage is questionable: minimum privacy, no area for a pool and a relaxation zone.
Who is interested in inexpensive real estate in the center of Alanya
Tourists in Central Alanya popular inexpensive real estate 1-6 lines from the sea, near the bus station, markets, streets with bars and restaurants, nightclubs, entertainment centers.
The target audience of low-cost housing – families with average incomes, freelancers, employees of local companies. Factors in buying inexpensive real estate: neighborhood, safety, transit stops, supermarkets, schools, cost of maintenance
In the fight for the tenant in Alanya City Center, low-cost properties win:
- atmospheric boutique hotels within walking distance to the waterfront and harbor;
- Apartments with 1-2 bedrooms, home office and kitchen;
- units in 2* apartment hotels;
- compact non-residential premises with a shop window and a façade on a busy street.
Buy apartments for rent in Alanya City Center with yields from 9-15% preferred by foreign investors.
How to buy an inexpensive property in the center of Alanya
In the catalog you can find current offers and prices. Turkey Property Group actively cooperates with the best real estate agencies and developers in Central Alanya. Upon request we form a list of properties from all market operators: cheap housing, non-residential premises. We organize an investment tour. On behalf of foreign investors we carry out remote purchase of residential and commercial properties.
Turkey Property Group conducts due diligence, helps you open a bank account, conduct negotiations with an interpreter. Inexpensive real estate in Central Alanya is highly liquid, it is important to analyze all factors before buying.