Alanya City Guide

Alanya, on Turkey's Mediterranean coast in Antalya Province, is the country's leading market for foreign property buyers, with a district population of around 372,000 and the single largest share of foreign purchases in Turkiye. Backed by the Taurus mountains and fronted by long sandy beaches including the famous Cleopatra Beach, the resort city pairs a year-round mild climate with a mature tourism economy: Alanya welcomed over 3 million visitors in 2024. The investment draw is high yield at low entry cost: resale prices average roughly 1,145-1,200 euros per square metre, central districts run 1,400-1,600 euros/m2, and premium beachfront new-builds reach 1,800-2,000-plus euros/m2, while gross rental yields are among Turkey's strongest at 7-12% on coastal properties thanks to a long tourist season. Budget-friendly Mahmutlar offers entry from 900-1,100 euros/m2 and the highest yields, while Oba and the central beach areas command premium rents. Buyers come heavily from Russia and the post-Soviet space, the Gulf, Iran, Germany and the UK, and prices are forecast to grow a moderate 5-10% in 2026 (with prime pockets higher). Investors must weigh real risks: the Turkish lira's chronic depreciation and high inflation that distort headline growth and erode real returns, heavy seasonal-tourism dependence, oversupply in some new-build corridors, and the USD 400,000 citizenship-by-investment threshold that many Alanya purchases fall below.