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Invest in Turkey with MARE Investment

Posted by Mare-mrn on 01/04/2025
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Turkey has been on the radar of buyers from Europe, Middle East, Afrrica and America since it has become easier to buy property for foreign investors. There are many stories about how you had to buy first in the name a Turkish Citizen, then take the title yourself after a year back in the 80’s. We say ‘Invest in Turkey’ not just because it is safe, but because there is huge growth potential.

For who has already invested in Turkey, they know the profits they have made. We are not saying nothing went wrong, however with timing your exit you can be the winner here.

Mersin as an investment destination

The reasons to invest in Turkey vary for buyers. Some want to relocate to a sunny mild country, some say it is a safe haven for Muslims but all agree that this country is hospitable and has made them money over the years. Mersin has not been on the scene for the majority of the investors pool. There is no reason why it should not be considered for all of the reasons to buy property in Turkey.

Most investors have either holiday or citizenship in their minds. As much as the popularity of the market they consider profitability to be an important incentive to choose Turkey as their reason to invest here. Mersin meets all requirements of any investor.

  • Young population means there is room for growth and people to work.
  • A comprehensive university makes the city competitive in terms of a group with qualifications.
  • An opera house, a marina, tennis clubs, sports fields and theatres make our city highly cultured.
  • Every year new people are migrating to Mersin for a better life.
  • This means more tenants, buyers, investors of all kinds.
  • Most importantly prices are still attractive in Mersin. Apartments start from as low as $45.000 (resale), you can invest in land from as low as $15.000 and the upside is huge with good returns from rental.

What to buy in Mersin with $100.000?

This amount is about 3.800.000 TL as of today (01.04.2025). In Mersin this is a decent amount for a first investment, so let us take a look at what you could do, and what we recommend.

Apartments for investment

We can say apartments form 3 groups in Mersin. Below is the type of apartment and what to do with it right after purchase.

  • Brand new or off plan apartments are always the most popular. In Mersin you could easily buy a 2-3 bedroom apartment or 2 one bedroom apartments with $100.000. We do not advise selling on these units. Best strategy is to rent your unit out for a minimum of 2 years, get about 15% of your investment back and sell with a decent 25% profit on the $100.000 you had spent.
  • Resale apartments, especially in older buildings come at lower prices. They are usually in preferred, central locations, so renovating them will not only increase value but will generate a better rental return. With $100.000 we will first buy a $70.000 2-3 bedroom apartment, then we will spend about $30.000 to bring it to a 21st century standard it deserves. The best strategy here would be to sell on with a 25% profit which will all happen in just over 3 months. Invest in Turkey, you will not regret.
  • The third group is buying apartments in central buildings over 40-45 years. These units come to you at decent prices and due to their central location, they generate good rental income. As you generate your 6-7% rental return, in about 5 to 10 years these buildings will most probably be redeveloped. Urban regeneration makes your old building get replaced by a brand new building and you will get a more valuable, brand new apartment. Anywhere between $50.000 to 100.000 there are many apartments like this in Mersin.

Land purchase to Invest in Turkey

With a $100.000 to start with, our most recommended investment is to buy a raw agricultural land, level it with excavation and landscaping to bring it to a more desirable state. Then, sell it on with a minimum 50% profit under 4 months from the start.

As MARE Investment we project manage your investment from the start and deliver your funds to you safely. You can invest in Turkey with us from the comfort of your office, without even setting foot to Turkey.

 

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