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Real Estate Investments in Mersin, Turkey: Modern Apartments in Lavender Residence

Author: Alexandra Erlanger Published: 14 August 2023

If you have always dreamed of living in a resort town by the seaside or you simply want to make profitable investments, real estate in Mersin may be exactly what you need. Lavender Residence 2, a project located in Erdemli, a coastal town near Mersin, contains 60 exquisite apartments on 12 floors of the complex. The buyers can choose an apartment with one or two bedrooms. 

Lavender Residence

Mersin: A Popular Resort Town

Mersin is a large town and a port located in the southern part of the Turkish Mediterranean coast that perfectly combines unique natural beauty, historical places of interest, and a comfortable modern way of life. Let’s look at Mersin’s key peculiarities:

  • Mediterranean climate. Mersin is located in a Mediterranean region that has a warm climate with mild winters and hot summers. People who enjoy a rest at the seaside will appreciate the possibility to enjoy the warm sea practically all year round.
  • Sandy beaches. The town is known for its picturesque beaches with golden sand and clear water. Konyaaltı and Lara, the world-famous beaches, provide a good opportunity to practice watersports and have a good rest.
  • A port town. Mersin’s port has a strategic geographical location and plays a key role in international trade and logistics.
  • Historical places of interest. The town’s cultural heritage includes ancient ruins, mosques, and fortresses. This is a place of unspoiled natural beauty. You will find dozens of bays, beaches, waterfalls, and beautiful park areas across the town.
  • Gastronomic advantages. The town is well-known for its delicious cuisine. Taste traditional Turkish dishes, seafood, fresh fruit and vegetables in Mersin’s cafes and restaurants.
  • Shopping malls and entertainment. Mersin is a bustling town where you will find a lot of shopping malls, cafes, restaurants, nightclubs, and other places where you can have a good rest to your liking. The town hosts hundreds of festivals, live music concerts, and public events, especially in the spring and summer months. Life in Mersin is full of joy and color.
  • Nearby places. Mersin is located close to the resort towns of Antalya and Alanya, to the historical Pamukkale, and many other places.

If you are looking for a place to have a good rest or live on a permanent basis, Mersin is an attractive opportunity. Warm Mediterranean climate, beautiful nature, and the sea coast make the local real estate a sought-after purchase. 

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Real Estate in Mersin: An Attractive Investment Opportunity

According to BETAM, March 2023 was the month when the price per square meter in Turkey rose by 134.3% at an annual rate, and this growth covered all the residential real estate available for sale. Mersin became a province that showed the biggest increase of 172.7%.

The then-current real estate prices rose by 159.3% in Istanbul, 116.6% in Ankara, and 119.3% in Izmir over the same period.

As of the end of July 2023, real estate prices in Mersin increased by 105.02%. The average cost of housing in the region amounts to 2,836,345 Turkish liras. 

According to the data provided by Buğra Gökçe, Istanbul Municipality Deputy Secretary General, the rent increased by 583% across the country in the period from 2019 to 2023, with the average growth in megalopolises amounting to 697%.

The rent increased most of all in Antalya (119%, followed by Mersin with 963%, Muğla with 935%, Ankara with 833%, and Istanbul with 713%.

The main reason why investors choose the Mediterranean town of Mersin as a place to buy investment real estate is the high potential profitability of such objects.

Apartments in Lavender Residence 2, Erdemli District, Mersin

Lavender Residence sets a new standard of present-day life where progressive design is combined with exclusive comforts. The residential project is a thoroughly designed twelve-storey building with sixty apartments. The majority of them are 1+1 and 2+1 ones. The territory of the complex has a car park, an indoor pool, and a fitness club. The dwellers can also take advantage of barbecue areas and parks suitable for leisurely strolls. There is a school, a hospital, and a shopping mall not far from Lavender Residence. It takes 7 minutes to get to the beach, while an airport is within 70 minutes’ drive. It should be noted that the construction is still in progress, and the building is completed by 15%. According to experts, such objects are ideal types of real estate for profitable investments in Mersin. The price of apartments will rise considerably after the construction is over.

Number of roomsMinimum costMaximum costMinimum areaMaximum areaNumber of bathrooms
1+1$53.000$117.69460601
2+1$78.000$119.2201151152

General characteristics of the object infrastructure:

  • elevator
  • garden
  • children’s playground
  • basketball court
  • pool

Technical characteristics:

  • cable TV
  • 24/7 technical service
  • natural gas
  • generator
  • central hot water supply
  • satellite TV
  • automatic fire extinguishing system
  • smoke and fire detector

There is a security service and a video surveillance system in the residential complex.

Want to Buy an Apartment in Mersin?

Are you interested in the opportunity of buying an apartment in Mersin on favorable terms? Contact our experts that specialize on Turkish real estate by email info@qwealthreport.com

Any Turkish houses and apartments in any region of the country will be yours if you contact us and get help. We will complete all the transaction-related formalities with your minimal participation.

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