Gazipaşa-Alanya: Why the Airport Expansion Guarantees a New Real Estate Valuation Peak

Gazipaşa-Alanya stands on the verge of a major infrastructural transformation. The recently announced large-scale expansion project for Gazipaşa-Alanya International Airport (GZP), driven by operator Fraport TAV Antalya, is more than just an upgrade; it is a direct validation of the region's strategic importance. This investment decision is set to fundamentally reframe the narrative for all real estate investors in the area.

From Convenient to Highly Accessible Destination

GZP Airport already plays a crucial role, located just 40 km from the center of Alanya and serving as the ideal gateway for the eastern Antalya Province. However, current infrastructure is under pressure from surging demand: the airport welcomed approximately 917,000 passengers in the first 10 months of 2025, pushing close to its nominal annual capacity of 1.5 million.

The expansion project is the necessary response to this explosive growth:

- Terminal Capacity: The existing building will be enlarged to a total of 9,067 m² (a gain of 2,648 m²), ensuring a more comfortable and efficient passenger experience.

- Infrastructure Upgrades: The project includes expanding the apron and constructing a new VIP area (585 m²) and a new car park for 169 vehicles.

- The Outcome: GZP will evolve into a high-capacity, modern international hub, ready to accommodate a significantly higher volume of flights and tourists from Europe, Scandinavia, and the CIS.

A Catalyst for the Investment Boom

For the real estate investor, improved transport accessibility is the single strongest driver of property value growth. The history of global property markets demonstrates that areas adjacent to modernized international airports show accelerated capitalization.

This strategic capital injection into GZP serves as a powerful catalyst:

- Guaranteed Rental Demand: The increase in passenger traffic directly guarantees high occupancy rates and stable rental yields for apartments and villas.

- Increased Prestige: The enhanced service quality and introduction of VIP facilities attract a more affluent demographic, stimulating demand for luxury properties in Gazipaşa and its surrounding districts.

- The Opportunity Window is Closing: The start of project implementation, following the tender deadline (November 17, 2025), means that the growth potential will soon begin to be priced into current market values.

For the farsighted investor, securing property now, before the full impact of the GZP expansion is reflected in the value, is a strategic move to benefit from the long-term capital appreciation and the new, heightened prestige of this Mediterranean corridor.