New Alanya International Airport
Excellent news for property investors in the Alanya area
Those in the know have been aware for some time that the secret about Turkey is true. Not only is the summer temptingly longer (April to late October), the prices temptingly low (one can still purchase a small apartment for around twenty thousand pounds) but the potential for investment has never been better, with a twenty five percent growth rate expected over the next five years. Those in the know are calling Turkey the new Spain. But whereas Spain has seemingly lost some of its appeal, more and more investors and holidaymakers are turning their eyes to Turkey.
Turkey’s governments, local and national have responded well to foreign interest by investing in the infrastructure of the country, as well as the tourist areas of hotels, golf facilities, marinas and hotels, as well as services that are provided throughout the coastal regions. One such investment is the new Alanya International Airport that is scheduled to open in 2008.
The area of Alanya is finally getting its own airport and that’s got local businesses buzzing with excitement. Until now, tourists arriving in the area have had to make the one hundred and thirty five kilometre journey from the nearest airport, which across Turkey’s beautiful landscape can take between 1˝ - 2 hours. Knowing that this journey awaits any tourist staying in the Alanya area, many chose to stay closer to the main airports. This had meant that the tourist industry in Alanya has had to work hard to attract and keep its foreign tourists. The airport will bring swelling numbers to the beautiful Alanya region and that won’t go unnoticed by foreign investors planning to make a killing on brilliant property prices at the present.
The area outlined for the new Alanya International Airport is where a previously unused airport was completed over a decade ago at Gazipasa, just 33km from the city centre. Construction is currently underway to upgrade the never employed airport to a level that could cope with three million visitors per year. Locals are hoping that Alanya will remain in the name of the airport. It is imagined that companies such as Ryanair and Easyjet will be fighting to get a no-frills, budget foothold in the Turkey coastal region and this will bring millions of holidaymakers from Britain, Ireland (who have had considerable difficulty flying to Turkey without using the overpriced Turkish airlines) and mainland Europe.
Now that Antalya and Alanya international airports will compete for customers, the standards of service are expected to rise, whilst the prices are set to come down, as both airports will battle to appeal to domestic and international holidaymakers. The new Alanya airport will particularly appeal to those Turks who have bought holiday properties in the area, yet live in the larger metropolitan conurbations of Ankara or Istanbul.
With less than a year to go before the airport opens, smart investors are looking at property in Alanya and surrounding areas.