Oba offers steady, established rental demand but a crowded stock of comparable units. Here is what the sourced numbers say, and where they stop.
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✔ Sourced & reviewed · updated 20 Sep 2026 · data to 31 Aug 2026TRY 64,054/m²
+14.5% YoY asking (S1)
≈4–6% Alanya-wide by bedroom count (S6)
Alanya-wide: ~19% occupancy, TRY 265k avg/yr (May 2026, S7)
Alanya Realty's late-August 2026 data puts Oba's average asking price at TRY 64,054/m² (+14.5% year on year), against TRY 60,673/m² for Alanya (S1).
No source publishes a rental yield for Oba specifically. The only sourced yields are Alanya-wide gross long-term figures: about 6.06% for 1-bed, 5.0% for 2-bed, 4.06% for 3-bed and 4.67% for 4+ bed (S6). Some brokers advertise much higher figures (for example 8–10% in Mahmutlar and Oba, S8), which we treat as unverified.
| Illustrative unit | Asking price at district average | Gross yield assumed | Implied gross rent |
|---|---|---|---|
| 1+1 (about 56 m²) | TRY 3,587,024 (≈ €64,050) | 6.06% | TRY 217,374 / yr · ≈ TRY 18,114 / month |
| 2+1 (about 70 m²) | TRY 4,483,780 (≈ €80,070) | 5.0% | TRY 224,189 / yr · ≈ TRY 18,682 / month |
Illustrative arithmetic only: unit sizes are typical listing sizes (L1); yields are Alanya-wide gross long-term averages by bedroom count (S6), not district data; price = size × district average asking price (S1). Gross means before maintenance fees, property tax, insurance, vacancy, agent fees and income tax. Not a forecast.
No district-level yield is published. Alanya-wide gross long-term yields are about 6.06% for 1-bed, 5.00% for 2-bed, 4.06% for 3-bed and 4.67% for 4+ bed (S6). One broker claims 8–10% for Mahmutlar and Oba (S8); we treat it as unverified.
Long-term. The stable year-round resident base suits it, whereas Alanya-wide short-term rental data is weak (S7).
No source separates them. Oba's higher purchase price per m² (TRY 64,054 vs 57,446, S1) means the same rent gives a lower yield on cost.
Nominal Alanya prices rose 19.3% in the year to late August 2026, while national housing prices fell about 5.1% in real terms (S1). Property has kept up with the lira in nominal terms, but real returns are not guaranteed.
Alanya Realty's late-August 2026 data puts Oba's average asking price at TRY 64,054/m² (+14.5% year on year), against TRY 60,673/m² for Alanya (S1).
Gross yield = annual rent ÷ purchase price × 100. For example, TRY 200,000 of annual rent on a TRY 4,000,000 apartment is a 5% gross yield. Net yield deducts running costs, taxes and vacancy, so it is always lower.
Monthly building maintenance fees, annual property tax (emlak vergisi), mandatory DASK earthquake insurance, agent or management fees, periods without a tenant, repairs and furnishing, and income tax on rent where applicable. See the property-taxes and cost-of-buying guides and ask a licensed accountant about your situation.
A May 2026 snapshot of Alanya's short-term market found an estimated average of TRY 265,000 per year at about 19% occupancy across 818 active listings (down 54% year on year); top performers reached about TRY 836,000 and the bottom about TRY 57,000 (S7). Results vary hugely by property and management.
Collect current rental listings for the same building or similar complexes, ask two or three local agents for recent lettings, and ask the seller for tenancy history. Yields quoted in marketing are usually gross and optimistic; use your own numbers.
They suit different strategies. See the Oba and Kestel hub pages for prices and character, and compare like-for-like buildings. Price per m² alone does not decide the better yield or exit.
Yes, under Turkey's general rules for foreign buyers; foreign buyers accounted for about 26.3% of Alanya's 2025 residential sales (S1). Rental income is generally taxable, so check your obligations with a licensed adviser.
Data as of 31 Aug 2026 unless stated; page reviewed 20 Sep 2026. Asking-price figures are advertised prices, not completed-sale prices, and district averages mix very different buildings. Euro figures use roughly TRY 56 per euro (approximate, early September 2026) and are indicative only. Where no sourced figure exists we say so instead of estimating. This page is general information, not financial, legal or tax advice.
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See propertiesPractical access and family-sized homes can be appealing, subject to the building and street rather than the district name. Personal use, long-term rent, seasonal use and resale require different criteria. Define holding period, budget and risk.
Check dated comparable rents, vacancy, management, building fees, repairs, insurance, taxes and transaction costs. Gross yields and past asking-price changes do not guarantee returns.
Family layouts and newer residences sit alongside older stock; usable area, parking and fees differ. Micro-location, documents, construction and competing supply affect rent and resale. Compare two or three similar options under a cautious case.
Under Türkiye’s Law No. 7464 and related rules, renting a residence under a single contract for 100 days or less falls within tourism-purpose rental rules and requires a Turizm Amaçlı Kiralama İzin Belgesi before the contract is made. Additional conditions and exceptions may apply depending on the building and property type. Listings must also display the permit and property information required by the rules. Before buying or advertising a property for short-term rental, verify the specific property and current requirements with the Ministry of Culture and Tourism or the relevant Provincial Directorate. This is general information, not legal advice.