Profitable purchase
real estate
in Mersin
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Real estate in Mersin: the best options for investing money
Mild climate, incredible nature, a wide range of properties, low cost and minimal risks of investing – all this attracts investors from all over the world to Turkey. Every year, thousands of foreigners go in search of Turkish homes or commercial properties. Real estate acquired for residence, lease, resale or business.
Given the high demand and reasonable prices for objects, you can buy an apartment for a profitable investment practically in any region of the country. However, there are a number of areas that are in particular demand from investors. And one of them is Mersin – a sunny city, located on the southeastern coast of the Mediterranean Sea.
Why should you buy a home in Mersin
Mersin is the fifth largest city in Turkey and the main producer of citrus fruits in the country. Despite its advantageous location and developed infrastructure, this resort region has only recently begun to gain popularity.
Mersin has a favorable climate and is practically drowned in citrus orchards. An additional incentive to purchase real estate here are about 300 sunny days a year. Accordingly, the holiday season in Mersin begins in late March and lasts until mid-November. Therefore, having bought a house in the region, you will have no problem renting it to tourists, getting a stable passive income. If you later have the desire to sell the property, you will get a good income from the resale.
In addition to the warm sea and clean beaches, Mersin offers tourists many historical sites, stunning views of the Taurus Mountains and blooming gardens, developed infrastructure and an active social and cultural life. If you are looking for a place to move to Turkey, then you should definitely pay attention to the region, offering all the benefits of civilization and the possibility of a secluded vacation in nature. Property prices here are much lower than in popular tourist cities such as Istanbul, Alanya or Antalya.
How much is real estate in Mersin
The city consists of several districts: Tomuk, Edemerli, Tece, Akdeniz, Mezitli. The cost of housing affects not only the area, but the type of object, its area, year of construction, distance to the sea, and infrastructure. Wishing to buy property in Mersin, one must focus on the following rates:
- The highest demand for housing located on the first and second coast line. Contrary to popular belief, to buy a property in Turkey by the sea, does not require a million-dollar budgets. Small apartments 1 +1 will cost from 45 thousand euros.
- Prices for luxury four and five bedroom apartments in Mersin start at 60 thousand euros.
- The minimum price for a duplex and a penthouse is 120 thousand euros.
To save on the purchase of housing, you should pay attention to the objects that are in the early stages of construction. An apartment in the house under construction is 20-30% cheaper than the finished apartments. Also, real estate in the secondary market is on average 15% cheaper than in new buildings.