Why Mahmutlar Is a Hotspot for Real Estate Investment

 

 

1. Fast-Paced Development with Modern Living Standards

Mahmutlar has undergone one of the most rapid urban transformations in the Turkish Riviera. What was once a quiet agricultural village has become a coastal urban center with wide boulevards, green parks, walking promenades, and multi-story residential buildings featuring modern architecture. Public infrastructure, such as roads, lighting, and waste management, has been upgraded significantly in recent years.

2. Competitive Property Prices with High Value Growth

Despite rising demand, Mahmutlar remains one of the most affordable areas in Alanya. Over the last five years, property values in Mahmutlar have increased by up to 40%, and new developments continue to appreciate quickly. Price-per-square-meter is still relatively low compared to other Mediterranean destinations in Spain, Italy, or Greece.

Property Type	Starting Price Range (2024)
Studio Apartment	€55,000–€75,000
1-Bedroom Apartment	€65,000–€100,000
2-Bedroom Apartment	€90,000–€160,000
Luxury Penthouse	€150,000–€350,000
Sea-View Duplex	€180,000–€400,000

Investment Tip: Properties within 400 meters of the beach tend to appreciate faster and generate stronger rental income.

3. High Rental Yield Potential

Mahmutlar is a top choice for rental investments, especially short-term rentals during peak season (May–October). Property owners can generate:

• Short-term yields of 6–10% annually (Airbnb, Booking.com)
• Long-term rentals to expats or students at €300–€800/month depending on size and location

Many developers now offer onsite property management and rental services, making passive income more accessible for foreign investors.

4. A Thriving Expat and International Community

Mahmutlar is home to one of the largest expat populations in southern Turkey. International supermarkets, multilingual real estate agents, English-speaking doctors, and social groups for Russians, Germans, Scandinavians, and more make it easy to integrate. Street signs are often in both Turkish and Russian/English, and local businesses are used to serving a global clientele.

5. All Amenities Within Walking Distance

From health clinics and pharmacies to banks, bakeries, and barbers, Mahmutlar offers everything you need within walking distance. The beach promenade is lined with restaurants, while the inner streets feature cozy cafes, schools, and gyms. Weekly open-air bazaars offer fresh produce, clothing, and household items.

Property Types Available in Mahmutlar

 

1. Turnkey Apartments in New Complexes

Typically 1–3 bedrooms, these homes include:

• Modern kitchen and bathroom fittings
• Steel security doors, PVC windows
• Balconies with sea or mountain views
• Shared facilities: pool, fitness, sauna, parking, doorman

2. Smart Homes & Eco-Friendly Units

Developments built post-2022 often include:

• Smart temperature, lighting, and security systems
• Energy-efficient insulation and solar panels
• EV charging points and green spaces

3. Penthouses and Duplex Apartments

Popular for:

• Rooftop terraces with panoramic views
• Private pools, jacuzzis, and BBQ areas
• Two-level layouts suitable for large families or home offices

4. Renovated Resale Apartments

Older buildings offer more spacious interiors (90–130 m²) and better price-per-square-meter ratios. Renovated units are popular among value-seeking buyers.

5. Commercial Real Estate

Mahmutlar’s growing population supports demand for retail space:

• Corner shops on main roads
• Ground floor spaces in residential blocks
• Offices for clinics, agencies, or co-working hubs

Best Locations Within Mahmutlar

 

Barbaros Street (Beachfront)

Direct sea views, cafes, and proximity to public beaches. Limited supply and high demand make this the premium zone for both buyers and renters.

Ataturk Avenue

The main inland road with easy transport access. Popular for both residential and commercial investments. High pedestrian traffic supports shop rentals.

Upper Mahmutlar (Mountain Side)

Quieter area with cleaner air and expansive views. Prices are slightly lower. Great for buyers seeking tranquility and nature access.

Kargıcak Border Zone

Bordering the luxurious Kargıcak district, offering the best of both areas — serenity and proximity to Mahmutlar’s amenities.

The Buying Process for Foreigners

 

Step-by-Step Breakdown:

1. Hire a licensed real estate agent experienced with international buyers.
2. Get a Turkish tax number (can be done online or in-person).
3. Open a Turkish bank account to transfer funds.
4. Reserve the property with a deposit and sign a preliminary contract.
5. Conduct due diligence: title deed check, valuation report, and municipal approval.
6. Sign the final contract and pay remaining balance.
7. Transfer the title deed (Tapu) at the Land Registry.
8. Register for DASK insurance, utilities, and municipality tax.

Legal Tip: Use a lawyer independent of the seller or agent. Many agencies offer all-inclusive legal and notarial packages for ease.

What Makes Mahmutlar Different from Other Alanya Areas?

 

Feature	Mahmutlar	Oba	Cleopatra Beach
Property Prices	Affordable	Moderate to High	High
Expat Community	Very large	Growing	Tourist-focused
Proximity to Beach	Excellent (flat terrain)	Good	Immediate
New Builds Availability	Very high	Moderate	Limited
Investment Growth Potential	High	Moderate	Stable

Local Services and Infrastructure

 

• Education: Public and private schools, international kindergartens
• Healthcare: Family health centers, clinics, access to Alanya’s hospitals
• Transport: Frequent buses to Alanya center, taxis, and ride apps
• Security: Local police station, neighborhood watch, CCTV in buildings

Tips for Smart Investment

 

• Compare several buildings before buying — quality and maintenance vary widely.
• Ask about aidat (monthly fee) — especially in complexes with luxury amenities.
• Target newer properties (built after 2018) for better resale value.
• Buy near infrastructure projects (new parks, roads, or shopping areas).

Future Outlook for Mahmutlar

 

• Metrobus-style bus lane being considered for the Alanya–Mahmutlar corridor
• New shopping centers and medical tourism facilities in planning
• International schools and private hospitals expanding into Mahmutlar
• Continued rise in remote workers and digital nomads choosing Turkey

All signs point to Mahmutlar becoming not just a suburb, but a major standalone hub on the Turkish Riviera.

Final Thoughts: Is Property in Mahmutlar Right for You?

Whether you’re looking for an affordable holiday apartment, a profitable rental property, or a full-time coastal lifestyle, property for sale in Mahmutlar offers one of the best price-to-value ratios on the Mediterranean.

With modern homes, a diverse and welcoming community, beautiful beaches, and sustained economic growth, Mahmutlar is ideal for those seeking a smart, secure, and sun-soaked investment.

Ready to explore Mahmutlar real estate? Work with a trusted agent, take the time to explore different projects, and discover why so many foreigners are making this thriving district their new home in Turkey.