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Kemer vs Ankara: Where to buy real estate and where to invest?

Home page » Blog, news, reviews about Turkey » Kemer vs Ankara: Where to buy real estate and where to invest?
Kemer or Ankara: choice of real estate near the sea or in the city, Russia.
Author of the article:
Anastasia
Turkey real estate specialist
Date:  30.03.2025
Updated: 30.03.2025
Reading time: 23 min.
Views:  176

Choice between buying real estate in Kemer and real estate in Ankara can be a real challenge for potential investors. Both cities offer unique opportunities, but differ in many ways. In this article, we will take a detailed look at the real estate market in Turkey, comparing holiday property in Kemer with a more businesslike and administrative housing in AnkaraWe will also highlight the key factors that will help you make the right choice.

Kemer real estate market analysis

Kemer, located on the picturesque coast of the Mediterranean Sea, attracts the attention of investors due to its unique combination of natural beauty and developed infrastructure. Now the real estate market here is experiencing interesting times, and here is what you should know.

Kemer real estate market

Kemer, located on the picturesque coast of the Mediterranean Sea, attracts the attention of investors due to its unique combination of natural beauty and developed infrastructure. Now the real estate market here is experiencing interesting times, and here is what you should know.

Current state of the market

The real estate market in Kemere is steadily developing. The average cost of an apartment is about €1,500 per square meter. In recent years, there has been a growing interest in villas and apartments with sea views. It is important to note that Kemer offers a variety of properties - from budget apartments to luxury villas.

Price trends and sales dynamics

Housing prices in Kemer continue to rise due to the increase in tourist traffic and the demand for holiday property in Kemer. In 2024, prices are expected to rise by about 5-7%This makes investment here potentially lucrative. Many investors choose Kemer because of its attractiveness to tourists, which provides a stable demand for rentals.

Factors affecting supply and demand

  1. Tourism: Kemer is a popular tourist destination, which keeps rental demand high.
  2. Infrastructure: The city is actively developing, offering quality roads, shopping and entertainment.
  3. Ecology: Clean beaches and natural parks attract buyers looking for eco-friendly accommodation.

Case in point: Anna, an investor from Germany, bought an apartment in Kemer in 2023 and has already seen its value increase by 10%. She plans to rent them out and earn a steady income while she herself enjoys vacationing in this paradise.

An analysis of the real estate market in Ankara

Ankara, the capital and heart of Turkey, offers a completely different approach to real estate investment. It is the city where the political and business life of the country is concentrated, and its real estate market has its own unique characteristics.

Current state of the market

Today the real estate market in Ankara shows stability, which makes it attractive for long-term investments. The average cost of an apartment in the central districts of Ankara is about €1,200 per square meter. Here you will find a wide range of choices from modern apartments to luxury penthouses. Ankara is also known for its new residential complexes offering everything you need for a comfortable life.

Price trends and sales dynamics

House prices in Ankara show moderate growth, approx. 3-5% per year. This is due to the steady demand for housing among locals and commuters working in government and international organizations. Ankara attracts those looking for stability and certainty in the future. Interestingly, many buyers view real estate in Ankara as a hedge against inflation.

Factors affecting supply and demand

  1. Economy: The presence of many international companies and organizations creates a constant demand for quality housing.
  2. Education and medicine: The high level of educational and medical facilities makes Ankara attractive to families. The country's leading universities and clinics are located here.
  3. Infrastructure: A well-developed transportation network and the availability of public transportation ensure the convenience of living. Ankara is connected to other regions by a modern network of roads and railway lines.

Case Study: A family from Italy moved to Ankara in 2022 because of the head of the household's job in an international company. They purchased an apartment in the city center and noted that the cost of housing had increased by 8% for the year, which was a nice bonus to living comfortably.

Comparison of key investment factors in Kemer and Ankara

When it comes to choosing between real estate in Kemer and real estate in AnkaraIt is important to consider a few key factors that may influence your investment decision.

ParameterKemerAnkara
Average price per 1 sq.m.€1 500€1 200
Transaction formalizationTax on transfer of ownership: 4% of the cadastral value, usually paid by the buyer.Tax on transfer of ownership: 4% of the cadastral value, usually paid by the buyer.
Tax on the purchase of real estateValue Added tax (VAT): 1-18% depending on the area and type of facility.Value Added tax (VAT): 1-18% depending on the area and type of facility.
Real estate ownership tax (per year)0.1-0.2% of the cadastral value for residential properties; 0.2-0.4% for commercial real estate.0.1-0.2% of the cadastral value for residential properties; 0.2-0.4% for commercial real estate.
Return on investmentHigh potential: rental yields as high as 8-10% per year, especially during the tourist season.Moderate potential: rental yield is about 5-7% per year, stable demand all year round.
Average rent per dayShort-term rentals: €50-€100 depending on the season and type of accommodation.Short-term rentals: €30-€60, steady demand from students and business travelers.
Profit per year (average)Short-term rentals: €9,000-€18,000 subject to 50% occupancy per year.Short-term rentals: €5,400-€10,800 assuming 50% occupancy per year.
Annual growth of touristsPositive dynamics: the increase in the number of tourists contributes to the demand for rentals.Steady flow: tourist growth is less pronounced, but there is a constant demand for accommodation.
Real estate price growth per year5-7%: due to the popularity of the resort and the development of infrastructure.3-5%: steady growth due to capital city status and economic development.

Conclusions:

  • Kemer: Ideal for investors focused on high profitability from short-term rental and rapid growth in real estate values. However, it should be taken into account seasonality tourist flow, affecting occupancy rates.
  • Ankara: Suitable for those who appreciate income stability and moderate but steady growth in real estate values. Rental demand is less susceptible to seasonal fluctuations, providing a predictable payback.

When making a decision, it is important to consider personal investment objectives, preferences and real estate management readiness depending on the specifics of each market.

Nuances when buying housing in Kemer and Ankara

Buying real estate in Turkey requires a lot of details to be taken into account, especially if you are choosing between Kemerom and Ankara. Here's something to consider.

Peculiarities of the purchase process

In Kemer, the buying process can be more flexible, especially if you're considering a holiday property. Here they often offer ready to move in apartments and villas with full services. The average transaction cost is about €2,000including legal and notary costs. In addition, many properties are sold with furniture and appliances, which makes moving more convenient.

In Ankara, buying may take longer due to the need for thorough document checks, especially in the central areas. However, there is more choice among new buildings and modern complexes, which may be an advantage for some buyers. Ankara also offers variety in terms of layouts and designs, which appeals to young professionals and families.

Possible difficulties and pitfalls

In Kemer it is important to consider the seasonality of the market. Rental demand is high in the summer, but can drop significantly during the winter months. This can affect your rental yieldIf you plan to rent out your accommodation. In addition, you should consider the possible costs of maintaining facilities such as swimming pools and gardens.

In Ankara, you should be careful about the legal aspects, especially if you are buying a home in a complex under construction. Make sure that the developer has all the necessary permits and licenses. This will reduce the risks and provide confidence in your investment. Also pay attention to the reputation of the developer and feedback from previous buyers.

Tips for buyers

  • Kemer: Consider purchasing properties near popular beaches and tourist areas to maximize your returns. Properties with sea views can significantly increase your profits.
  • Ankara: Pay attention to areas with good transport accessibility and developed infrastructure, which will increase the attractiveness of your object for tenants. Areas near universities and business centers are especially popular.

Similarities and peculiarities of the real estate market in Kemer and Ankara

Real estate markets in Kemere and Ankara have their own unique characteristics, but also some similarities that may be helpful to potential investors.

Common features of real estate markets

Both cities offer attractive real estate investment opportunities. In both cases you will find a wide range of properties from apartments to luxury villas. The average cost of processing transactions in both cities is approx. €2,000including all necessary legal and notary fees. Both markets are supported by the stable economic situation in Turkey, which creates confidence for investors. In addition, both Kemer and Ankara are actively developing infrastructure and transportation networks, which increases the attractiveness of housing.

The unique characteristics of each market

Ankara: As a capital city, Ankara offers a more businesslike and stable market. Here you will find a variety of new buildings and modern complexes that attract young families and professionals. Ankara is also known for its high-level educational and medical institutions, making it attractive for families with children. The city offers a variety of cultural activities and a well-developed social infrastructure.

Kemer: Here the emphasis is on resort real estate. Kemer attracts tourists with its beaches and natural beauty. This means that properties located closer to the sea can provide higher rental yield. In addition, many buyers choose Kemer for its peaceful atmosphere and the possibility of vacationing all year round. Often here you can find properties with unique design and private gardens or swimming pools.

Tips for investors

  • Kemer: Invest in properties with sea views or near popular tourist areas to maximize profits. This will ensure high rental demand during the summer period.
  • Ankara: Consider investing in new buildings in central areas where rental demand is stable all year round. This is especially beneficial for those who are planning long-term investments.

These similarities and differences will help you make an informed decision and choose the most suitable real estate market in Turkey for you.

Prospects for growth and development of resort real estate in Kemer

Kemer, with its picturesque beaches and mild climate, continues to attract the attention of investors, especially in the segment of resort real estate. Let's take a look at what prospects await this market in the coming years.

Forecasts of resort real estate market development

Experts predict that the real estate market in Kemer will grow at a 5-7% annually. This is due to the increase in tourist flow and the popularity of the region among foreign buyers. The average cost of a villa in Kemer is about €250,000which makes it affordable for investors looking for a high rental yield. In addition, many buyers consider Kemer as a place for personal vacations and long-term residence.

Impact of tourist flow on the housing market

Tourism plays a key role in Kemer's economy. Thousands of tourists come here every year, which creates a high demand for short-term rentals. During the season, rental yields can reach 8-10%This makes investing in resort real estate particularly attractive. Many owners are using rental platforms, making it easier to find tenants. There is also an increasing demand for property management services, which makes life easier for owners.

Infrastructure projects and development

The city is actively investing in infrastructure development, including improving transportation accessibility and creating new recreational areas. This increases the attractiveness of the region for recreation and living. There are also plans to build new shopping and entertainment complexes, which will further increase comfort and convenience for residents and tourists. Special attention is paid to environmental projects, which makes Kemer attractive for those who appreciate nature.

Tips for investors

  • Consider buying properties in areas close to new infrastructure projects to maximize value growth.
  • Invest in properties with unique views or additional amenities such as swimming pools and gardens to increase your appeal among tenants. This will give you a competitive edge in the market.

Income from short-term and long-term rentals in Kemer and Ankara

Consider how rental yields differ between Kemerom and Ankaraand what opportunities this presents for investors.

Kemer: Rental income

In Kemer, due to its status as a popular resort, short-term rentals can generate significant profits. In season, the profitability can be as high as 8-10%Especially if your property is located near beaches or tourist attractions. The average cost of renting a villa is about €1,000 per week during the high season. This attracts investors focused on active income, especially during the summer months. In addition, many owners offer additional services such as transfers and excursions, which increases profits.

Ankara: Rental yields

The situation in Ankara is somewhat different. Long-term leasing prevails here, which provides a stable and predictable income. The yield is about 5-7% per yearThis makes it attractive to investors who value stability. The average cost of renting an apartment in the central districts is approx. €500 per month. It is suitable for those looking for a secure investment with minimal risks. Ankara also offers the possibility of renting out accommodation to students, which guarantees constant demand.

Preferences of tenants in each city

  • Kemer: Renters are usually tourists looking for comfortable accommodation for a short period of time. Properties with swimming pools and sea views are popular. It is important to consider seasonality and prepare for lower demand in winter.
  • Ankara: Tenants are mostly locals and expats working for international companies and government agencies. They prefer modern apartments with good transportation accessibility. The presence of schools and universities nearby is also a big plus.

Tips for investors

  • In Kemere: Invest in properties with unique advantages, such as proximity to the beach, to maximize seasonal income. Consider adding services that increase the attractiveness of rentals.
  • In Ankara: Consider buying property in areas with developed infrastructure and proximity to business centers for stable long-term income. Pay special attention to properties near universities and business centers.

Economy and life in Kemer and Ankara

Economic situation and standard of living in Kemere and Ankara play an important role in your real estate buying decision. Let's take a look at what each of these cities has to offer.

Kemer economy

Kemer is a tourist center, where the economy largely depends on the flow of tourists. In recent years, the city has been actively developing its infrastructure, which contributes to the growth of real estate prices and increased interest from foreign buyers. The average cost of living here is lower than in major cities, and the cost of products and services remains affordable. This makes Kemer attractive to those looking for a quiet life on the coast. In addition, the city offers many opportunities for outdoor activities and water sports.

Ankara economy

Ankara, as the capital of Turkey, is the center of political and business activity. Many international companies and government institutions are concentrated here, which ensures a stable economic situation. The average cost of living in Ankara is higher than in Kemer, but this is offset by the high income level and developed infrastructure. Ankara offers a wide range of cultural activities, restaurants and shopping, making it attractive to residents and expats. The city is also known for its educational institutions and high-level medical centers.

Standard of living and main sectors of the economy

  • Kemer: The main sectors are tourism and service. The city is actively developing, offering new business opportunities in hospitality and entertainment. Life here is peaceful and the surrounding nature promotes a healthy lifestyle. Kemer also attracts those who appreciate an ecologically clean environment and proximity to nature.
  • Ankara: The main sectors are public administration, education and medicine. Ankara offers a high level of medical care and education, making it attractive to families. The city is also an important transportation hub connecting different regions of Turkey. Due to this, Ankara offers great career and business opportunities.

Tips for investors

  • Kemer: Consider investing in tourism businesses or properties that can generate rental income during the high season. Such investments can provide high returns due to the constant flow of tourists.
  • Ankara: Invest in properties located in business districts to take advantage of stable rental demand. This is especially beneficial for those who are focused on long-term investment and stable income.

Education and medicine in Kemer and Ankara

Educational and medical facilities play an important role in choosing where to live and invest. Let's take a look at what is on offer Kemer and Ankara in these areas.

Education in Kemer

Kemer, as a resort town, offers limited opportunities for higher education. However, there are several international schools and kindergartens here that cater to expat and local families. The average cost of tuition at private institutions is approx. €3,000 per year. This can be attractive to families looking for a quiet coastal life with the opportunity for quality education for children. It is important to note that schools in Kemer offer programs in several languages, including English and German, which is convenient for foreign families.

Education in Ankara

Ankara, being the capital city, offers a wide range of educational institutions including prestigious universities and international schools. The average cost of tuition at international schools is about €5,000 per year. Ankara is known for its high standards of education, making it attractive to families looking to provide their children with a quality education. Ankara universities also offer many programs in English, which attracts international students. In addition, Ankara hosts international educational conferences and seminars, which enhances opportunities for students.

Medicine in Kemer

Medical services in Kemer are provided by several private and public clinics. Although there are no large medical centers here, basic medical services and emergency care are available. The cost of medical care in private clinics starts from €50 per consultation. This is suitable for those who are looking for a quiet life surrounded by nature, but are ready to go to larger medical centers in neighboring towns if necessary. Kemer also has pharmacies with a wide range of essential medicines.

Medicine in Ankara

Ankara offers high quality medical services due to the presence of large public and private hospitals. The cost of a consultation in private hospitals is approx. €70. The city is known for its medical universities and research centers, which provides a high level of medical services. Ankara also attracts medical tourists due to its affordable prices and high quality of services. The city offers sophisticated medical procedures such as cardiac surgery and cancer treatment.

Tips for investors

  • Kemer: Suitable for those who appreciate a quiet life and are willing to travel to neighboring towns for specialized medical services. It is an ideal place for those seeking rest and recovery.
  • Ankara: Ideal for families looking for quality education and medical care, as well as for those planning a long term residence. The city offers all the necessary conditions for comfortable living and development.

Roads and transportation in Kemer and Ankara

Transportation infrastructure plays an important role in livability and investment attractiveness. Let's take a look at what is on offer Kemer and Ankara in this area.

Kemer's transportation infrastructure

Kemer, as a popular resort town, has a well-developed road network providing easy access to major tourist destinations. The city is connected to Antalya by a modern highway, making travel quick and convenient. The average cost of renting a car is approx. €30 per dayThe city's transport is provided by buses and shuttles, which make it easy for tourists and residents to explore the surrounding area. Intra-city transportation is provided by buses and shuttle buses, which provide accessibility even to remote areas. The city is also developing bicycle lanes to promote eco-friendly transportation.

Ankara's transportation infrastructure

Ankara, as the capital, has one of the most developed transportation systems in the country. There is a metro, streetcars and an extensive network of bus routes. The metro fare is about €0.50 per trip. Ankara is also a major transportation hub connecting different regions of Turkey. The city's airport provides domestic and international flights, making the capital easily accessible to travelers. Cabs and carsharing are also widespread, providing residents and visitors with many transportation options. Ankara is also implementing projects to improve road infrastructure and expand the public transportation network.

Accessibility and major transportation hubs

  • Ankara: Major transportation hubs include the central station and the main bus terminal, connecting the capital with other regions. Esenboga Airport offers a wide range of flights, both domestic and international. The city is actively developing infrastructure for electric vehicles, making it modern and environmentally friendly.
  • Kemer: The main transportation hub is the bus stations that provide connections to Antalya and other cities. In the summer season, the number of flights increases, which facilitates the movement of tourists. It is also planned to develop sea transportation for excursions and walks.

Tips for investors

  • Kemer: Invest in properties located near major roads and transportation hubs to provide easy access for tourists and tenants. This will increase its attractiveness during the season.
  • Ankara: Consider buying a property in areas with good transport accessibility, which will increase its attractiveness for tenants working in the business center. Proximity to the subway and public transportation stops will be a big plus.

Legal and tax peculiarities of buying real estate in Kemer and Ankara

Buying real estate in Turkey requires an understanding of the legal and tax aspects. Let's take a look at what you need to consider when buying a home in Turkey Kemere and Ankara.

Legal aspects in Kemer

When buying real estate in Kemer, foreigners must obtain a purchase permit. The process usually takes about 2-3 weeks. The cost of legal support of the transaction is approx. €1,500. It is important to make sure that you have all the necessary documents for the property, including the property certificate and building permit. In Kemer, it is also common practice to buy property at the construction stage, which can offer favorable conditions, but requires a thorough check of the developer. Many developers offer flexible payment terms and discounts at early stages.

Legal aspects in Ankara

In Ankara, the process of buying real estate for foreigners also requires a permit. However, due to the capital's status, procedures can be more simplified. Legal support here also costs approx. €1,500. In Ankara, special attention should be paid to checking the builder and the availability of all authorization documents, especially in new buildings. The city offers many properties with ready-made titles, which simplifies the purchase process. Some developers provide guarantees for construction work and offer property management services.

Taxes and fees

  • Kemer: The tax on the purchase of real estate is 4% from the costand is usually split between the buyer and seller. The annual real estate tax is about 0,2-0,4% of the cadastral value of the property. Many buyers choose Kemer for its lower maintenance costs and affordable utilities.
  • Ankara: Tax conditions are similar to Kemer. However, the capital may offer various incentives and programs for buyers, especially in new residential developments. Ankara also offers tax incentives for investors investing in energy efficient and environmentally friendly buildings.

Tips for investors

  • Kemer: Make sure you have all the necessary permits and documents, especially if you are buying a property under construction. Consider buying through a trusted agent to minimize risks.
  • Ankara: Consider participating in government support programs if you plan to buy a home in new neighborhoods. This may provide additional benefits and reduce your tax burden.

These legal and tax aspects will help you avoid pitfalls and make the process of buying real estate in Turkey as comfortable and safe as possible.

What should an investor choose: Kemer or Ankara?

The choice between Kemerom and Ankara for real estate investment depends on your goals and preferences. Let's summarize and review what each city has to offer.

Kemer: Ideal for resort investments

Kemer attracts those looking for active investments with high rental yields. The average cost of a villa here is about €250,000Kemer is a great choice for those who want to combine personal vacations and properties located by the sea with a significant profit during the tourist season. Flexible payment terms and a variety of offers make Kemer an excellent choice for those who want to combine personal vacations with rental income. The city also offers many opportunities for active vacations, including water sports and excursions to natural attractions.

Ankara: Suitable for stable investments

Ankara, as a capital city, offers stability and predictability. The average cost of an apartment in the central districts is about €150,000. The city attracts investors who value long-term investments and stable rental income. Ankara also offers a wide range of educational and medical services, which makes it attractive for families. Business centers and infrastructure are being actively developed in the capital, which contributes to the growth of real estate prices and increases its attractiveness for tenants.

Factors to consider when making a decision

  • Investment objectives: If you are focused on short-term income and want to use the property for vacation, Kemer would be an excellent choice. If you are looking for stability and long-term investment, Ankara - your option.
  • Budget: Keep in mind that the costs of buying and maintaining a property may differ depending on the city and type of property. In Kemer, additional costs may be required to maintain the villa and infrastructure, while in Ankara, proximity to the center and transport accessibility are important.
  • Personal lifestyle: Think about whether you prefer the tranquility and nature of Kemer or the active city life of Ankara. Kemer is suitable for those who appreciate relaxation and nature, while Ankara offers a dynamic city life with many cultural and business opportunities.

These factors will help you make an informed choice and make a decision that fits your investment goals and personal preferences.GoodBad

Frequently Asked Questions

Kemer, due to the high tourist flow and seasonal rental income.

Stability, developed infrastructure and constant demand for long-term leases.

Expected to grow by 5-7% annually due to increased tourist traffic.

About 1,500 euros for legal fees and 4% purchase tax.

Seasonality of the market and the builder's due diligence, especially during the construction phase.

High level of education and medical services, developed infrastructure.

Short-term rentals during the tourist season can generate up to 10% of yield.

A well-developed network of subways, buses and an international airport provide excellent accessibility.

Around 250,000 euros, properties by the sea are particularly popular.

State programs for investors in new residential developments and energy efficient buildings.

Which city to choose for resort real estate investment?

Kemer, due to the high tourist flow and seasonal rental income.

How does Ankara attract investors?

Stability, developed infrastructure and constant demand for long-term leases.

What is the average increase in real estate prices in Kemer?

Expected to grow by 5-7% annually due to increased tourist traffic.

What are the costs associated with buying real estate in Ankara?

About 1,500 euros for legal fees and 4% purchase tax.

What is important to consider when buying in Kemer?

Seasonality of the market and the builder's due diligence, especially during the construction phase.

What are the advantages Ankara has for families?

High level of education and medical services, developed infrastructure.

What type of rentals are more profitable in Kemer?

Short-term rentals during the tourist season can generate up to 10% of yield.

What transportation options are available in Ankara?

A well-developed network of subways, buses and an international airport provide excellent accessibility.

What is the average cost of a villa in Kemer?

Around 250,000 euros, properties by the sea are particularly popular.

What support programs are available in Ankara?

State programs for investors in new residential developments and energy efficient buildings.

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