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INCOME MERSIN answer

What is the potential return on short-term or seasonal rentals in Mersin?

For short-term rentals, INCOME MERSIN's experience suggests a target annual income of €5,000–€10,000 for a property valued at €50,000–€100,000. This equates to a yield of approximately 10% per annum, with an estimated payback period of approximately 10 years. Furthermore, the owner can use their apartment for seasonal vacations.