Is investing in expensive real estate in Alanya worth it?

Question

I’m thinking about purchasing Expensive real estate in Alanya for long-term appreciation and short-term rentals. Is the luxury market there strong enough to justify the cost? What are the pros and cons compared to more affordable options?

Vanade Pandepra · Answer

Expensive real estate in Alanya offers a unique opportunity for investors targeting the luxury market. I own a high-end villa overlooking the sea, and it attracts affluent renters, especially during the summer season. The exclusivity and premium features of such properties justify their high rental rates. However, you need to invest in quality maintenance and market it well to reach the right audience. If done right, luxury properties in Alanya can yield excellent returns.