There are no restrictions on the purchase of apartments by foreigners in Oba. You can rent out your apartment in Oba both for a short or long term in accordance with Turkish law. Also in the Oba district one can get an initial residence permit therefore having bought an apartment in the Oba district you will be able to obtain a residence permit on the grounds of owning real estate.
The main factor is the proximity of Oba to the city center and social amenities. The hospital, private clinics, various cafes and restaurants, kindergartens, public and private schools are within walking distance from the complex.
Oba has one of the most well-supervised beaches overlooking the Alanya fortress. The beaches provide all the amenities for their visitors: sun loungers with umbrellas, changing cabins, cafes with a large selection of drinks and dishes. You can choose sandy or pebble beach.
An apartment in Oba for renting out is an example of a highly liquid property. The demand for apartments in this area of Alanya is consistently high and doesn’t depend on the season so the cash flow is stable.
Most of the private schools in Alanya are located in the Oba area. There are public schools and kindergartens which may be located right next to your home.
You can buy an apartment in the Oba area from a developer while a project is in its initial stage, being constructed or completed. The cost of apartments in the Oba area of Alanya can vary significantly depending on factors such as the size of the apartment, its location, number of rooms, sea view, quality of decoration and materials used and many other factors.
It is should be noted that the prices for apartments in Alanya may vary depending on the season, supply and demand, as well as economic climate in the country and the world as a whole. The average cost of an apartment in Oba ranges from 150.000 to 200.000 euros.