About Antalya, Turkey

Antalya, a bustling city in Turkey, has garnered considerable attention in recent years, particularly among tourists. While it is renowned for its stunning beaches and hotels, it also stands out as a vibrant metropolis. Nestled in the Mediterranean Region, Antalya enjoys a mild climate, making it an ideal place to call home. From an investment perspective, it offers numerous advantages. In recent years, Antalya has become the preferred destination for residents and those seeking rental properties.

In 2019, which was dubbed the ‘year of records’ in tourism, Antalya hosted an impressive 3,309,285 visitors. This number reached 512,171 in 2020, 747,894 in 2021, and 2,422,349 in 2022. The tourism data for 2023 has already surpassed the total number of tourists arriving by air between January 1st and May 31st of both 2021 and 2022. By the end of May, 1,593,935 tourists had arrived in Antalya by air in 2023.

Regarding the nationalities of tourists visiting Antalya by air in 2023, German tourists maintained their leading position. Between January 1 and May 31, the highest number of tourists came from Germany, accounting for 26.32% of the total, with 827,618 visitors. Russia followed with 24.92%, bringing in 783,737 tourists, and England with 11.20% and 352,184 tourists. In that order, other countries contributing significantly to the influx of tourists to Antalya during this five-month period included Poland, the Netherlands, Lithuania, Kazakhstan, Israel, Belgium, and Ukraine.

So, what makes Antalya stand out among numerous other cities?

Energetic Urban Life: Picture a place with serene streets, vibrant nights, and ample employment opportunities. That’s the essence of city living, and Antalya embodies it perfectly. Its residents are known for their friendliness and respectfulness, contributing to a lively social scene. Consequently, Antalya offers a dynamic metropolitan lifestyle. Rising property prices have played a significant role in boosting its popularity. The continuous development of educational infrastructure and increasing diversity in production contribute to Antalya’s status as a thriving investment destination.

Colourful Tourism Season: The impact of tourism on Antalya is undeniable. The city experiences its highest influx of visitors during the vibrant summer months, especially in districts like Kaş and Alanya. With excellent transportation options, Antalya is an attractive choice for both locals and foreigners. Those who appreciate the sea, sun, sand, and historical treasures will undoubtedly fall in love with Antalya. This is why Antalya continues to offer exceptional advantages for both short-term rental investors and those with long-term investment goals.

Our experienced investment consultants can assist you in discovering properties in the most picturesque locations in Antalya.

Foreign Investment Opportunities in Antalya and Our Role as Your Attorney

Today, Antalya, Turkey, offers several business opportunities, primarily in the tourism, real estate, and agriculture sectors. However, keep in mind that the business landscape can change, so it’s essential to conduct thorough market research and consider current economic conditions before making any investment decisions. Here are some potential business opportunities in Antalya:

  • Tourism and Hospitality: Antalya is a popular tourist destination with a significant number of visitors from both within Turkey and abroad. There are opportunities to invest in hotels, resorts, restaurants, tour companies, and other hospitality-related businesses. Our law firm can assist in hotel and tourism business procurements, mergers and acquisitions.
  • Real Estate: The real estate market in Antalya has seen growth due to demand from both local and international buyers. Investing in property development, construction, or real estate services could be lucrative. Investment in real estate involves several legal documents, both from verifications and filing, including obtaining permits and licenses. A real estate purchase for residency and citizenship requires a careful and systematic process that must be done under the care of an expert attorney.
  • Agriculture: The region is known for its agricultural products, including citrus fruits, vegetables, and greenhouse farming. You could explore opportunities in agriculture, including organic farming and exporting agricultural products. Land procurement for agricultural reasons requires legal documentation.
  • Retail and Entertainment: As a tourist destination, Antalya has a thriving retail sector. Consider opening retail stores, souvenir shops, or entertainment venues like cinemas or amusement parks. Our strategic relationships with reliable real estate agents provide a secure and efficient process for finding investment businesses.
  • Health and Wellness Tourism: Health and wellness tourism is growing. You could invest in wellness centres, spas, or medical tourism services catering to both domestic and international clients. We can assist foreigners in reviewing medical contracts and liaising between International and local insurance agencies for filing medical claims and benefits eligibility.
  • Technology and Startups: The Turkish government has been supporting the technology sector’s growth, and Antalya is no exception. Explore opportunities in software development, IT services, or startups in emerging tech fields. Especially for ex-pats or digital nomads who need assistance in legal matters of taxation, currency exchanges and money transfers for obtaining tax numbers or opening bank accounts.
  • Language and Educational Services: With tourism and expatriates in the region, there is a demand for language schools and educational services. If you are someone considering offering language courses, cultural workshops, or tutoring services as a foreigner, it is important to consult our offices to cover legal requirements.
  • Transportation and Logistics: Enhancements in transportation infrastructure can create opportunities in logistics and transportation services, including shipping, warehousing, and distribution. Suppose you are considering investing in this high-growth sector as a foreigner. In that case, you will need to understand the import/export process and get legal cover to conduct business in Antalya.

Before pursuing any business opportunity in Antalya, it’s crucial to conduct thorough market research, understand local regulations and business practices, and potentially seek advice from local experts or business consultants. Consider the evolving economic and political conditions that may impact on your investment by first consulting with us.

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