Alanya Real Estate 07/03/2024 0 Comments

Decreasing Prices of Properties in Alanya Turkey

Decreasing Prices Of Properties In Alanya Turkey 1
Dear Alanya Real Estate Guests As you all know there is 67% inflation in Turkiye and Euro/Usd/GBP currencies are rising every day against Turkish liras as well as other currencies. The price of everything is going up except properties.But why are the property prices are going down while everything else is going up? Because there is a big supply of new properties and the demand is not meeting the supply. The land prices and construction costs are rising due to the high inflation at the moment.This fact should reflect to the property prices,however the property prices keep going down in Alanya. This situation is naturally causing a great chance for the investors who are looking to buy a safe investment. Dear investors,let us tell you what you can do after you buy the property in Alanya: 1-) You can buy a second hand/resale property undervalued and sell with 25-30 % profit. 2-) You can buy a property from Construction company with installment ( payment plan ) for a very good price and sell it again until the project delivery date. It is not good time to buy the property and rent it for short term because our government has brought new regulations to people who rent the properties for short term.Such as; Property must be rented out for minumum 120 days If you have an apartment,you have to take permission of all your neighbours.It s a difficult situation considering some of the neighbours are living abroad and coming to Alanya just for summer holiday. All the tenants must be reported to Police by sending their passport photos. All rental revenues must be reported to Tax Building and tax must be paid. Due to the reasons which we stated above,buying a property to get rental income is not a good idea at the moment. Therefore we offer you our service for buying the properties with best price so that you can maximize the profit. We have +1300 actual properties on our website which you can check the properties for sale in Alanya Turkey You will find the same projects on the websites of different real estate companies as well. Remember that we have special agreements with construction companies which will make you buy the property with better price or longer payment plan. We are at your disposal via Whatsapp or mail 24/7.Please feel free to ask any questions,we will gladly answer all your questions. Best Regards, Tulgahan Coskun Owner/Founder of Alanya Real Estate