Where Can I Find Listings of Real Estate in Antalya, Turkey
Antalya is the capital of Antalya Province, and a very popular coastal city that is located in southwestern Turkey, situated on the Turkish Riviera on the Mediterranean Sea region.
As global destination, Antalya enjoys 15+ million international visitors each year, resulting in Antalya being one of the world's top tourism cities, which provides for a strong demand in long and short-term rental market place, which includes renting luxury homes and apartments, that in turn leads to high ROI potential for real estate investors.
Buying cheap luxury real estate listings in Antalya, Turkey is a matter of perspective on what the purchaser or investor perceives as 'cheap'. The desired objective though can be possible with the right strategy.
"Cheap real estate" in luxury market doesn't always mean a low price, as a 'luxury property' that is undervalued for the current real estate market place status can be seen as being cheap.
A $1M home might be "cheap" compared to others at $2M that are located in Antalya, Turkey, but the price difference for what seems to be very similar properties could be for a wide range of reasons.
If the luxury property has become distressed or foreclosed they are often sold below market value and at time through auctions. Or it could be the seller, for personal reasons like a job relocation has special reasons for letting the property be sold at a very low rate.
You may ask where can I find listings of real estate in Antalya, Turkey, and in established or emerging luxury markets or area, luxury properties could be listed as undervalued in relation to future expectations, especially for areas such as growing neighborhoods in cities that are becoming popular, like those with infrastructure improvements or tourism growth.
Luxury buyers often have leverage as they have the financial means to purchase, especially in slow markets where borrowing from a bank is harder.
Properties bought below market value in luxury areas often see strong appreciation when the market recovers or the area gentrifies.
