A luxury purchase property
in Marmaris
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Where are the most expensive penthouses for sale in Marmaris
Marmaris is called the city of two seas, because it is located at the confluence of the Aegean and the Mediterranean Sea. The geography of this place is unique. Plus the immediate proximity to Greece has made Marmaris like an old European town, which now belongs to the Turkish Riviera. Therefore, tens of thousands of tourists come here every year. Including the well-off, ready to splurge generously on recreation and entertainment.
Luxury real estate in Marmaris can be found in almost every area. But the most exquisite houses and penthouses are located on the first coastline. Here, in close proximity to the warm sea, luxury housing is rented by big businessmen, divers and yachtsmen.
Is it profitable to invest in a penthouse in Marmaris: 3 unobvious reasons
If you want to invest your savings in luxury housing in Marmaris in order to subsequently rent it out, then first of all you need to assess the dynamics of the country’s economy. What you need to know when pricing a penthouse by the sea in Marmaris:
- The economy in the city is developing in three areas: tourism, trade and transport. Accordingly, there is a demand for luxury real estate and vacation in paradise.
- There are no industrial enterprises in Marmaris, and there is a strict ban on cutting down green spaces. This not only provides incredible panoramic views from the penthouses, but also stimulates the growth of the cost of luxury housing.
- Marmaris has ideal conditions for diving and sailing, and the city center and its Bar Street are considered the equivalent of Ibiza among foreign tourists. All this, together with the high social level creates a demand for expensive real estate market.
The Mediterranean climate plays its positive role in the duration of the Velvet season. Winters in Marmaris are wet and short, while summers last a long time. The hot climate and warm sea provide the velvet that attracts more and more affluent tourists in the fall.
Where to buy a penthouse in Marmaris
You can buy a duplex or penthouse in Marmaris in several areas:
- If you are looking for luxury real estate, consider the Beldibi area. It is relatively remote and quiet, and the houses here are located at some distance from each other.
- Merkeza has a large green park and attractions. Here you can find luxury duplexes to rent or buy.
- The most expensive duplexes can also be found in the heart of Marmaris – in the heart of the city. But keep in mind that this is a rather noisy area. If you are looking for privacy or want to wake up to the noise of the sea, consider buying a property on the first coastline.
Taking into consideration that Marmaris is a small and relatively quiet town (compared to Antalya), the luxury real estate market here is very limited. Therefore it can be difficult to buy a new penthouse. The offer in the secondary market is also limited. The number of offers will depend on the demands and expectations of the buyer.