Why Are Property Prices Rising in Antalya?
Antalya is one of the most popular cities in Turkey for real estate investment. In recent years, housing prices have surged, largely due to strong demand from foreign buyers.
Factors Driving the Price Increase
1. High Demand from Foreign Investors
Buyers from Russia, Germany, the UK, Iran, and Kazakhstan are purchasing properties in Antalya in large numbers. Many see real estate here as a safe investment and a way to obtain residency.
2. Citizenship by Investment Program
Turkey grants citizenship to foreign buyers investing at least $400,000 in real estate. This has attracted many investors, especially from the Middle East.
3. Limited Housing Supply
Construction of new properties cannot keep up with demand, especially in prime areas near the sea. This shortage is pushing prices higher.
4. Turkish Lira Depreciation
The weakening Turkish lira makes real estate more affordable for foreign investors who hold capital in euros or dollars, increasing their purchasing power.
Average Property Prices in Antalya (2024)
| District | Price per m² (€) | 2+1 Apartment (€) |
|---|---|---|
| Lara | 2,500 – 3,500 | 250,000 – 400,000 |
| Konyaaltı | 2,000 – 3,000 | 200,000 – 350,000 |
| Muratpaşa | 1,800 – 2,800 | 180,000 – 300,000 |
| Altıntaş | 1,500 – 2,500 | 150,000 – 250,000 |
| Döşemealtı | 1,300 – 2,300 | 130,000 – 230,000 |
| Kepez | 1,000 – 2,000 | 100,000 – 200,000 |
✅ Lara and Konyaaltı – The most expensive and prestigious areas.
✅ Altıntaş and Döşemealtı – Emerging districts with new developments.
✅ Kepez – A budget-friendly option for investors.
Rental Prices Are Also Increasing
Rental prices in Antalya have risen significantly. The average monthly rent for a 2+1 apartment:
- Lara: €1,500 – €2,500
- Konyaaltı: €1,200 – €2,000
- Muratpaşa: €1,000 – €1,800
- Altıntaş: €800 – €1,500
- Kepez: €600 – €1,200
The high rental demand makes Antalya a profitable location for investment properties.
How Is the Price Increase Affecting the Market?
- 🔺 Housing is becoming less affordable for locals
- 🏗 New districts are developing rapidly
- 💰 Investors are earning high returns from rentals
Is Investing in Antalya Real Estate Worth It?
✅ Yes, if you are looking for:
✔️ A property near the sea with strong price appreciation potential
✔️ A rental income opportunity with high demand from tourists
✔️ An investment for Turkish citizenship
Antalya remains one of Turkey’s top investment destinations. Prices are continuing to rise, and foreign demand remains strong.
