by Marion Budwig 
AK Party leader hints at significant investments in Alanya
Alanya – During a visit of the ALGC delegation to AK Party District Chairman Mehmet Şarani Tavlı, promising developments for the future of Alanya were discussed. Tavlı drew attention to the recent investments in the region and indicated that the ALGC management issues will initiate a development that will give a new boost to the construction and real estate sector.
A particularly interesting point was Tavlı's announcement that the current residency requirement for foreigners wishing to purchase property in Turkey will be reduced from $200,000 to $100,000. This measure could have a significant impact on the Alanya real estate market and increase the region's attractiveness to foreign investors.
Tavlı stressed that this new regulation is a response to the recent challenges faced by the sector, which has lost momentum due to the residency issue. He expressed hope that the reduction in residency requirements will help revive the market and attract new investments.
The announced developments are a positive signal for the future of Alanya and could make the region an even more attractive location for investment and immigration. It remains to be seen how the new regulation will affect the real estate market, but the signs are good that Alanya is about to enter an exciting period of growth and development. (taken from an article in the newspaper YeniAlanya 23 January 2025)
