The cities of Alanya and Konyaalti have gained significant attention from property buyers in Türkiye. These areas have become focal points for individuals looking to invest in real estate.
Türkiye continues to allure tourists and prospective immigrants, making it a desirable destination. Within the months of April and May 2023, the number of real estate purchases in the country witnessed a remarkable growth of 23%.
Among the various cities, Antalya stands out as a popular choice. Particularly, Alanya and Konyaalti are attracting considerable interest. One of the main factors enticing newcomers is the relatively low cost of living, averaging around $200 per month. Additionally, Konyaalti boasts a favorable location, providing convenient access to the center of Antalya and its international airport. Moreover, there is a wide range of housing options available, including apartments, townhouses, villas, and more.
By the time September arrived, a staggering 108,000 apartments had found buyers in Antalya. What makes this fact even more captivating is the substantial involvement of foreign purchasers in the dynamic Turkish real estate market, enthusiastically acquiring properties in diverse categories.
Previous reports indicate that house prices in Antalya, specifically Konyaalti, experienced a notable increase of 59.67% compared to the previous year, as of July 2023. Despite this, the area remains a favored choice among investors, with its widespread appeal and potential for growth.
Portugal has approved a major citizenship law reform, significantly tightening the rules. Key changes include increased residency requirements (up to 10 years), mandatory language and culture tests, and stricter rules for children born to foreign parents.
Selling real estate abroad can result in the loss of your residence permit. Find out which countries allow you to maintain your status and how to avoid the risks.
A new draft law in Romania proposes a Residency by Investment program, granting non-EU citizens a renewable 5-year residence permit. The program requires a €400,000 minimum investment in bonds, real estate, funds, or shares.
