Is buying a property in Kemer a good investment?

Last updated on December 29, 2023

Yes, the analysis of Geneva's property market is included in our pack

If you've experienced the coastal beauty and resort atmosphere of Kemer, you may have thought about investing in property in this Turkish Mediterranean town.

Is it a good idea though? What's the current state of the real estate market in that area? Are property values appreciating or depreciating? Are investors seeing returns on their real estate investments? How's the demand for rentals?

We'll answer all these questions for you! When building and updating our property pack for Switzerland, our team has been researching and surveying this area. In fact, there is significant customer interest in investing there. Therefore, we believe it would be beneficial to include some information about it in our property pack.

Why do property buyers like investing in Kemer?

Kemer, nestled in the Antalya region, stands out as a magnet for property buyers for several compelling reasons.

Picture Antalya as a vibrant mosaic of holiday destinations, each with its distinct charm. Kemer, in this vibrant landscape, has carved a niche for itself, offering a blend of qualities that distinguish it from other areas.

Firstly, the allure of Kemer lies in its perfect blend of natural beauty and modern amenities. Unlike some other regions in Antalya that lean heavily towards either urban development or untouched natural landscapes, Kemer strikes a harmonious balance.

You're greeted by the Taurus Mountains' stunning backdrop, pristine beaches like Moonlight Beach, and pine forests, all within reach of contemporary conveniences. This unique mix is not something you'll find in every part of Antalya.

Kemer's rise to popularity can be traced back to the late 20th century. It transformed from a serene fishing village into a sought-after resort town. This transformation wasn't overnight but a result of meticulous planning and development. What's intriguing is how Kemer has maintained its popularity.

This endurance can be attributed to its continual development and the Turkish government's efforts to promote tourism and foreign investment in real estate.

The trend suggests that Kemer's appeal isn't just a fleeting hype but has substantial staying power, backed by ongoing infrastructural improvements and a stable real estate market.

It's a haven for a diverse mix of people. You'll find retirees looking for a peaceful seaside life, investors seeking profitable rental opportunities, and families desiring a holiday home in a picturesque setting. Kemer's cosmopolitan vibe, with a mix of local and international communities, adds to its charm.

However, every silver lining has a cloud. Kemer, for all its beauty and allure, isn't without its drawbacks. The town can get quite crowded during peak tourist seasons, which might not appeal to those seeking tranquility year-round.

Additionally, property prices here can be higher compared to less developed regions in Antalya, making it a less viable option for buyers on a tight budget.

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Why is Kemer a nice place to live?

Kemer isn't just a tourist hotspot; it's increasingly becoming a preferred place to live, especially for those seeking a blend of Mediterranean charm and modern comfort.

When you think about living in Kemer, imagine waking up to the stunning views of the Taurus Mountains and the tranquil Mediterranean Sea. This scenic beauty, combined with a vibrant lifestyle and culture, makes Kemer stand out.

The lifestyle in Kemer is a delightful mix of relaxed Mediterranean rhythms and a lively social scene. The town hosts various cultural festivals and events, reflecting a rich blend of traditional Turkish customs and international influences. This cultural diversity is partly due to the thriving expat community.

Expatriates from Europe, Russia, and other parts of the world have made Kemer their home, attracted by its beauty and quality of life. This melting pot of cultures fosters an environment where newcomers can quickly feel at home.

Cost of living is an important factor, and in Kemer, it's generally more affordable compared to many Western countries, though slightly higher than in some other parts of Turkey.

The price of daily goods, eating out, and entertainment offers good value for money, though housing costs can vary, reflecting the popularity of the area.

Safety is a key consideration for anyone looking to relocate. Kemer is known for being a safe place with low crime rates. Like any tourist destination, it's wise to be cautious with personal belongings, but overall, residents feel secure in their day-to-day life.

Amenities and facilities in Kemer are comprehensive. The town has a range of educational institutions, including local schools and some international options, catering to the expat community.

For healthcare, there are several clinics and hospitals, such as the Kemer Public Hospital, offering quality medical services. Shopping enthusiasts will find their needs met at places like Kemer Mall, offering both local and international brands.

Infrastructure in Kemer is well-developed. The roads are generally in good condition, making travel within the town comfortable.

Utilities like electricity and water supply are reliable, and internet connectivity is strong, a crucial aspect for many, especially those who work remotely. Accessibility is another of Kemer's strengths. It's well-connected to other parts of Antalya and major transport hubs.

Antalya Airport, a major gateway, is within a reasonable driving distance, making both domestic and international travel quite convenient.

Within the town and the surrounding areas, public transportation options like buses and taxis are readily available, and they offer an efficient way to get around.

How much does it cost to buy real estate in Kemer?

If you need a detailed and updated analysis of the prices, rents and yields, you can get our full guide about real estate investment in Switzerland.

When considering buying a property in Kemer you're looking at a range of options and factors that influence the cost.

Kemer, with its stunning natural beauty and growing popularity, offers a variety of residential properties, including apartments, houses, and luxury villas. Each type caters to different preferences and budgets, making Kemer a versatile market for potential buyers.

Apartments in Kemer are popular, especially among those looking for holiday homes or investment properties. They offer the convenience of low maintenance and are often part of complexes with shared amenities like pools and gyms.

Houses and luxury villas, on the other hand, appeal to those seeking more space and privacy. Villas, particularly those with sea or mountain views, are in high demand for their exclusivity and the luxurious lifestyle they offer.

The real estate market in Kemer comprises both new developments and resale properties. New developments are attracting attention due to their modern amenities and compliance with the latest building standards.

Resale properties, meanwhile, have their charm, often featuring unique designs and established gardens.

As for the price range, it varies widely depending on the type and location of the property. Generally, prices per square meter can range significantly. Apartments might be on the lower end of this spectrum, while luxury villas with prime locations and views command higher prices.

Over recent years, property values in Kemer have shown a trend of appreciation. This increase is due to factors like Kemer's growing popularity as a tourist destination, its natural beauty, and the overall demand for properties in the Mediterranean region.

Looking ahead, there are several developments and city planning changes that might impact property values in Kemer.

For instance, specific upcoming residential projects or infrastructure improvements could enhance the appeal of the area, potentially driving up property prices.

Additionally, as Antalya continues to grow in popularity among international tourists and expatriates, Kemer is likely to benefit from this trend.

Predictions for the real estate market in Kemer in the coming years lean towards a continued increase in property values.

This optimism is based on factors like the ongoing demand for properties in scenic locations, the appeal of the Mediterranean lifestyle, and Turkey's overall economic and tourism growth.

Several indicators suggest a potential increase in property values in Kemer. These include the continuous influx of international buyers, the steady development of local amenities and infrastructure, and the charm of Kemer as a desirable living and holiday destination.

All these factors combine to make Kemer not just a beautiful place to live but also a promising investment opportunity.

Where is the best area to buy a property in Kemer?

Choosing the best area to buy a property in Kemer really depends on what you're looking for in terms of atmosphere, property types, and your budget.

Kemer is diverse, with each area offering its unique charm and characteristics.

Let's start with the central areas of Kemer. These are bustling with activity, close to shops, restaurants, and nightlife. The properties here are mainly apartments and some townhouses.

If you enjoy being in the heart of the action and don't mind the hustle and bustle, central Kemer could be ideal.

However, the downside is that these areas can be crowded, especially during peak tourist season, and property prices tend to be higher due to the demand and convenience.

Moving away from the center, areas like Aslanbucak and Arslanbucak offer a more tranquil setting. These neighborhoods are characterized by their serene environment, with more spacious properties, including villas and larger apartments.

The atmosphere here is more relaxed, and you're more likely to get more space for your money compared to the central areas. These areas are excellent if you're looking for a peaceful lifestyle, yet still want to be within reach of Kemer's amenities.

If you're on the lookout for up-and-coming areas, Çamyuva and Tekirova are worth considering. These areas have been gaining attention due to their beautiful beaches and developing infrastructure.

Properties in Çamyuva and Tekirova range from apartments to luxury villas, and while currently more affordable, prices are expected to rise as these areas become more popular.

On the luxury end, Göynük and Beldibi offer high-end properties, often with stunning sea views and exclusive features. These areas are known for their luxury villas and upscale resorts. While the cost of property is on the higher side, the investment can be worthwhile for the breathtaking views and exclusivity.

However, there are areas that might not be advisable for everyone. For instance, certain outskirts of Kemer might not yet have the same level of infrastructure or easy access to amenities as the more central or developed areas.

If convenience and immediate access to a wide range of facilities are crucial for you, these areas might not be the best fit.

Here is a summary table to help you visualize better. If you need more detailed data and information, please check our property pack for Switzerland.

Area	Atmosphere	Property Types	Price Range	Notable Features
Central Kemer	Bustling, lively	Apartments, Townhouses	Higher	Close to shops, restaurants, nightlife
Aslanbucak & Arslanbucak	Tranquil, relaxed	Villas, Larger apartments	Moderate	Serene environment, spacious properties
Çamyuva & Tekirova	Developing, beachside	Apartments, Luxury villas	Moderate to high	Beautiful beaches, developing infrastructure
Göynük & Beldibi	Luxurious, exclusive	Luxury villas, upscale resorts	High	Stunning sea views, high-end properties

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Is there a strong rental demand in Kemer?

Kemer is indeed experiencing a strong demand for rentals, but the nature of this demand varies depending on several factors, including the type of rental, target demographic, and property characteristics.

Firstly, Kemer is popular for its short-term rental market, primarily due to its status as a tourist destination. The area sees a significant influx of visitors, especially in the summer months, looking for holiday accommodations.

This demand is primarily driven by tourists seeking a more personalized and homely experience compared to hotels.

Therefore, properties like furnished apartments, villas with amenities such as pools, and homes with scenic views, especially in areas close to the beach or central attractions, are particularly sought after for short-term rentals.

The target demographic for these short-term rentals includes families on vacation, couples seeking a romantic getaway, and groups of friends exploring the Mediterranean coast.

These guests often look for properties that offer comfort and convenience, with amenities like Wi-Fi, air conditioning, and proximity to local attractions like beaches, shopping centers, and dining venues.

On the other hand, there's also a market for long-term rentals in Kemer, albeit smaller compared to the short-term segment. This demand comes from expatriates, retirees, and sometimes local residents.

They tend to look for apartments or houses that offer a balance of comfort and value, with a preference for quieter neighborhoods, good connectivity to the town center, and proximity to essential services like supermarkets, schools, and healthcare facilities.

Areas like Aslanbucak, Arslanbucak, and slightly further locations from the town center are gaining traction for long-term rentals.

Properties in these areas offer a more peaceful living environment away from the bustling tourist spots while still providing easy access to Kemer's amenities.

When it comes to reducing vacancy and enhancing rental appeal, amenities like a well-maintained garden, a swimming pool, modern appliances, and high-speed internet can be significant drawcards. These features cater to the comfort and lifestyle expectations of potential tenants, thereby increasing the property's attractiveness.

In terms of potential returns on investment, properties in Kemer can be quite lucrative, especially for short-term rentals during the peak tourist season.

Estimation of returns varies, but properties in prime locations with desirable amenities can fetch attractive rental yields. The exact figures depend on factors like property size, location, and the quality of amenities offered.

Looking forward, certain types of properties seem poised for increasing demand and potentially better yields. Properties that offer unique experiences, like villas with sea views or homes with traditional Turkish architectural elements, are increasingly popular.

Additionally, environmentally friendly properties or those with sustainable features might also see a surge in demand, reflecting a growing global trend towards eco-conscious travel and living.

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Is it easy to buy a property as foreigner in Kemer?

Before we answer the question, please know that we have an article dedicated to the experience of buying real estate as a foreigner in Switzerland.

Buying property as a foreigner in Kemer, Antalya, is relatively straightforward, but there are certain regulations, risks, and considerations that you should be aware of.

Firstly, in terms of regulations and restrictions, Turkey is generally welcoming to foreign property buyers, but there are some limitations. Foreigners cannot buy property in military zones or certain rural areas, and the total area of the property cannot exceed 30 hectares per individual in the entire country.

In Kemer, like in other parts of Turkey, these regulations are applicable, but they usually don't pose a significant barrier for typical residential property purchases.

The purchasing process in Kemer involves several steps. After selecting a property, you'll need to make an official offer and, upon acceptance, sign a preliminary contract and usually pay a deposit.

Then, the property needs to be checked for any legal issues, debts, or encumbrances. This due diligence is crucial to ensure the property's legal status is clear.

The final step is signing the official sales contract and transferring the title deed (Tapu), which is done at the local Land Registry and Cadastre Office. You'll need to present various documents, including your passport and a Turkish tax number.

One primary risk associated with property investment in Kemer, as with any foreign real estate market, is the potential for legal complexities or disputes. This risk can be mitigated by thorough due diligence.

Common pitfalls include overlooking legal checks, underestimating additional costs like taxes and fees, and misjudging the market value of properties.

A unique aspect to consider in Turkey is ensuring that the property complies with earthquake regulations, given the country's seismic activity.

Working with a local real estate agent or lawyer is highly advisable. They can guide you through the nuances of the Turkish property market, help with language barriers, and ensure all legal requirements are met.

They can also assist in conducting necessary checks and negotiations, providing invaluable local knowledge and expertise.

When it comes to exit strategies for property investors in Kemer, the most common ones include selling the property for capital appreciation or renting it out for ongoing income.

Given Kemer's popularity as a tourist destination, short-term vacation rentals can be a lucrative strategy. It's important to stay informed about the local property market trends and regulations related to rentals.