Every once in a while, the Alanya property market makes a mistake — and when it does, someone smart takes advantage.
This 5-room duplex penthouse in Mahmutlar is exactly that kind of opportunity.
You get 220 square metres, four balconies, a private jacuzzi terrace with a direct view of Alanya Castle, and a complete furniture package — all for just €182,000.
That’s €827 per square metre for a home that, by every standard of comfort and finish, should sit in the €1,100–€1,200/m² bracket.
It’s not simply affordable luxury; it’s luxury accidentally priced for efficiency.
Mahmutlar, one of Alanya’s most established and year-round active districts, rarely sees penthouses of this scale under two hundred thousand euros. So if you believe modern Mediterranean life has become unreachable, this apartment quietly proves you wrong.
The charm of real estate in Alanya lies in how daily life and the coastline blend naturally.
Mahmutlar sits between the blue of the Mediterranean and the evergreen Taurus Mountains, forming a unique urban oasis where you can swim in the morning and dine with mountain air by evening.
Unlike holiday complexes that go silent after September, Mahmutlar stays alive all year.
Locals and international residents share the same bakeries, markets, and coffee corners. Supermarkets, schools, gyms, and healthcare centres all operate steadily, which keeps the area both livable and investable.
From this penthouse, the beach lies just 1.2 km away — close enough for a morning walk, far enough to maintain calm.
Buses to central Alanya pass every ten minutes, and Gazipaşa-Alanya Airport is a 25-minute drive.
That mix of accessibility and peace is precisely why high-end buyers choose this district for long-term value.
A property of this size isn’t just big; it’s flexible.
The open-plan living area on the main floor anchors family life — a single, sunlit space that unites cooking, dining, and lounging without feeling crowded.
The kitchen is finished in white high-gloss cabinetry with a sleek grey backsplash.
Every appliance you expect is already installed: refrigerator, oven, dishwasher, and electric water heater.
Large sliding doors open toward the first balcony, where the line between interior and exterior disappears for most of the year.
Four balconies mean every bedroom gets its own outdoor spot.
Three bathrooms mean there’s no morning traffic jam.
An extra bedroom on the lower level can easily double as a guest suite or home office — ideal for remote professionals relocating to Turkey under the residence-permit program.
This is the type of home where five people can live together without stepping on each other’s mornings.
Forget “spa moments.”
This isn’t about wellness; it’s about ownership of your evenings.
Step upstairs and open the terrace door: there it is — a private jacuzzi facing Alanya’s legendary castle.
When the city lights rise and the fortress glows in gold, the water mirrors it all.
Here, the day doesn’t end with a shower; it ends with a toast.
Couples use it for champagne nights. Families turn it into a movie-under-the-stars spot. Guests remember it long after the flight home.
Every luxury complex can offer a pool.
Very few can offer a castle-view jacuzzi that belongs only to you.
Inside, the design follows a clean, modern-classic blend.
Beige ceramic floors reflect natural light.
Grey-toned walls add visual depth without stealing brightness.
The furniture stays neutral — soft browns, whites, and greys — so that sunlight becomes the true decoration.
The upper floor’s angled ceilings create a villa-like atmosphere, and recessed LED lighting replaces traditional chandeliers for an elegant, even glow.
Curtains in rich contrast tones bring drama, while the open staircase subtly connects the two levels without blocking light.
Every element — from the fabric textures to the way the terrace tiles align with interior flooring — feels deliberate.
It’s that rare furnished property where nothing needs changing before you move in.
The south-west orientation ensures daylight from sunrise until sunset.
From the main balcony, you see both the sea and the city.
From another, the Taurus Mountains.
From the terrace, the castle dominates the skyline.
That visual variety isn’t just aesthetic; it’s emotional.
Each space offers a slightly different mood: morning coffee with mountains, afternoon reading with sea breeze, evening dinners under pink skies.
Bathrooms follow the same quality logic — modern tiles, walk-in showers, and well-placed ventilation.
The master bathroom directly links to the jacuzzi terrace, blurring the line between indoor and outdoor comfort.
Building features matter, and this one ticks the right boxes:
24/7 security cameras for peace of mind
On-site caretaker maintaining shared spaces
Barbecue area and open car park
Cable TV-satellite infrastructure
Bicycle parking
The monthly maintenance fee stays moderate, making it realistic for long-term ownership.
That balance between low overhead and high amenity quality defines homes in Alanya that hold their value.
Let’s be blunt: €827/m² doesn’t make sense for a fully furnished penthouse with a jacuzzi, four balconies, and castle-to-sea views.
Comparable properties in Mahmutlar average €1,100–€1,200/m² — sometimes without private terraces or furniture.
This means you’re buying 30 % below market before negotiation even starts.
Rental yields in this category hover around 6–8 % annually, and resale potential strengthens as Alanya’s supply of large penthouses tightens.
Even for investors aiming at the Turkish citizenship program, combining this unit with a smaller companion property easily crosses the minimum investment threshold.
You get lifestyle, liquidity, and legal access — in one acquisition.
Families love the layout. Everyone gets space, balconies, and privacy.
Kids can study or play upstairs while parents enjoy terrace dinners below.
Investors see immediate rental logic: fully equipped, residence-permit eligible, located in a district that stays active year-round.
Maintenance is manageable, resale potential solid, and the furnished condition means zero downtime between purchase and income.
Global buyers relocating to Turkey for lifestyle or hybrid work find the penthouse perfect for dual-purpose living — part home, part investment.
It’s the kind of flexibility that modern buyers crave: live six months, rent six months, and let the property pay for itself.
In a region filled with new developments, Mahmutlar keeps winning because it behaves like a real city.
You can walk to the pharmacy, the market, the café, and the beach.
You don’t need a car for groceries or social life.
This “pedestrian independence” translates directly into higher rental desirability and lower ownership stress.
Add the scenic blend of mountain air and sea breeze, and you get a microclimate that feels lighter than central Alanya yet equally connected.
For foreigners, the residence-permit process is smoother here thanks to the district’s established international community.
In short, Mahmutlar functions — twelve months a year.
That’s the foundation of every stable investment.
Beyond numbers, there’s a feeling this apartment gives off — a confidence that comes from proportions done right.
You sense it when you open the main balcony door and air moves through the rooms.
You see it when light shifts along the ceramic floor as the sun sets.
It’s a home that feels expensive where it matters and efficient where it counts.
It’s for people who no longer want to pay for labels but still demand the experience those labels promised.
Alanya’s coastal expansion continues to favour large-format apartments.
Developers now focus on compact units, which makes older, spacious penthouses increasingly scarce.
That scarcity directly supports appreciation.
Meanwhile, the government’s citizenship and residence programs continue attracting international investors seeking a stable European-Asian bridge with lifestyle benefits.
The result? Steady demand, limited supply — the classic setup for capital growth.
Owning a home like this doesn’t just secure a living space; it anchors you in a market with long-term momentum.
It’s rare to find a home that checks every box: size, view, price, legality, and livability.
Here, all five align.
220 m² interior freedom
Private castle-view jacuzzi
Fully furnished & residence-permit eligible
30 % below area market price
Mahmutlar’s year-round vitality
Add the name Luxury Estate Turkey, and you gain trusted guidance through every step — from viewing to valuation to ownership.
If you’ve been scrolling through endless “sea-view apartments for sale in Alanya” and finding everything either overpriced or underwhelming, stop here.
This penthouse rewrites that balance.
It offers castle-view indulgence at mid-range cost, residence eligibility with zero renovation hassle, and a return profile that satisfies both the heart and the spreadsheet.
Contact Luxury Estate Turkey to arrange a private viewing or request the full ROI and legal eligibility brief.
Homes like this rarely stay unclaimed — especially when the market finally notices what €827/m² really buys.
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