In Antalya and Alanya, every sixth apartment belongs to a foreigner.
Across the Antalya region, including Alanya district, 59,549 out of 341,195 properties have been sold to foreign buyers since 2021. Every sixth property transferred in this resort province became the possession of an international investor.
Across Türkiye, the total number of homes and apartments sold to foreigners since 2021 reached 197,929. More than one-third of all such transactions took place in the Antalya region.
The year 2022 was marked by an extremely active real estate market — everyone was buying, and prices reached their peak. That year, 21,860 units were sold.
Currently, transactions with foreign buyers account for about 1.5% of all housing sales in Türkiye, while previously this figure was as high as 4%. The decline is linked to rising property prices and the new residence permit regulations.
Previously, there was no minimum property value required to obtain a residence permit with the prospect of citizenship after five years. Now, residence based on title deed (Tapu) is granted only if the appraised value of the property is at least 200,000 USD.
For cheaper apartments, only a short-term tourist residence permit is available, without the right to apply for citizenship. Owners can stay in their apartments visa-free for 2–3 months per year, depending on nationality.
Buyer’s Time — Now
Because residence permits are no longer available in certain restricted districts, property prices there have dropped significantly compared to the 2022 peak, when many people were eager to move to the seaside permanently.
Some owners, unable to obtain residence permits, are selling their properties and leaving. However, by autumn 2025, the number of such listings has decreased notably. The best apartments are quickly purchased by Turkish buyers, investors, and those looking for a comfortable vacation home.
Will Prices Fall?
Prices for liquid properties remain high, and top developers have not changed their price lists for new projects.
Experts note growing interest among Turkish citizens in buying real estate on the Mediterranean coast.
According to TÜİK, in August 2025, a total of 143,319 apartments were sold across Türkiye — 6.8% more than in the same month last year.
The market has shown consistent growth: between January and August 2025, property sales increased by 21.3% nationwide.
Buy While There’s Still Something to Buy
The construction production index rose by 24.1% year-on-year in July 2025, and residential construction costs increased by 26.2%, according to TÜİK.
Developers’ expenses are rising each month, and this is already affecting new project prices.
After record sales in 2022–2023, the market slowed down in 2024.
In coastal provinces where residence permits are restricted, construction activity has dropped sharply.
The Alanya Municipality issued 30% fewer building permits from January to May 2024 compared to the same period in 2023.
The decline affected all categories — residential, commercial, and hotel developments.
If around 450 residential construction permits were issued in 2023, only 300 were granted in 2024.
The total construction area covered by these permits reached 4 million square meters, while the number of approved apartments dropped by 40% compared to the previous year.
The fall is especially noticeable in the hotel sector: in the first half of 2023, two permits were issued for hotel construction, while in 2024 — none.
Only a few free plots remain on the coastline. Most of the announced projects belong to the premium segment.
In central Alanya, some new developments appear through urban renewal, replacing demolished old houses. Prices in such complexes are higher than average, as developers aim to recover the high costs of demolition and construction. As a result, in the coming years, there will be little land left to build on — and little property left to buy.
Buying New Property Has Become Easier
In 2025, property buyers in Türkiye enjoy the most favorable conditions in years.
Previously, installment payment options for ready or nearly finished properties were rare — usually, payments were divided only until construction completion, with a 50% down payment.
Now, developers offer multi-year installment plans even for fully completed complexes.
Many new residences comply with the requirements for short-term rentals, allowing owners to generate income. In older buildings, rental approval requires consent from all property owners, which often causes complications.
Buyers can now purchase modern apartments in installments and cover part of the payments with rental income.
In addition to flexible payment options, developers offer discounts and bonuses to speed up sales. The best sea-view units sell quickly — especially those that qualify for Turkish citizenship by investment (from 400,000 USD).
The most profitable deals rarely appear on real estate websites. Transactions can be completed remotely, but buyers should understand what “urgent sale” really means — whether it’s truly a bargain or a problematic property with missing documents or technical issues.
Every property added to Stay Property’s portfolio undergoes full legal and technical due diligence.
If you have questions about the Turkish real estate market — contact our licensed experts via callback request or live chat on our website.