Alanya real estate and property: Why is it a good investment?

Alanya is part of the Antalya Province in Turkey. It is very popular for its beach resorts as it boasts of 70 kilometers of Mediterranean shoreline. If you are planning to buy a vacation house or an investment property, an Alanya property might be the perfect choice for you.

Let us tell you why Alanya real estate is a good investment:

Turkey as future member of the European Union

Turkey is in the process of being included in the European Union. The country is considered a candidate for inclusion and has started a long process of the membership. When it gets accepted, you can expect property prices to go up.

Real estate property boom

Alanya and other cities in Turkey are on the brink of experiencing a real estate boom. The demand is very high and Alanya is among the best locations to invest since the region attracts a lot of tourists in case you are looking to have it rented out.

Growth potential

if you invest in Alanya now, you will get the value for your money. The prices are still great compared to other markets. The opportunity is unique and all indicators to buy are there.

Tourism

Golf tourism especially in the region of Antalya is booming. Alanya is in this region also and has a very long coastline where you can get beach front properties among other options. Yachting is also attracting a lot of tourists. More than 25 million travelers flock to Turkey every year and this is expected to grow bigger as Turkey gets more media exposure as it nears membership with the EU.

Modern infrastructure

Turkey is an emerging market but one advantage that you can get is the modern infrastructure of the country which improves with the boom in economy, tourism, and other markets.

Capital Gains Tax

As an investor you might want to sell your investment property after around four years and you do not have to shoulder a capital gains tax, You will only be charged with the standard tax rate between 15% thru 35%.