All real estate in Samsun, Turkey

Real estate in Samsun

Location, climatic conditions, economy and infrastructure

Samsun is a city in northern Turkey, the administrative center of Samsun and an important port on the Black Sea. The resort town is one of the tourist centers of the Black Sea coast.

The climate is subtropical, influenced by the Black Sea. Summers are warm, dry and clear, winters are cold and overcast. Temperatures fluctuate throughout the year from 5°C to 28°C, rarely below 0°C or above 30°C. The weather is very unstable, it can change several times a day.

Samsun is an important transportation hub. The city has an airport and a railway station. Samsun is the center of the tobacco industry, the delivery point for imported goods. The tobacco, food, chemical industries are developed. Mineral fertilizers are produced in the surrounding mountains. Fishing is well developed. Samsun is of commercial and tourist importance for Turkey. The city has a well-developed tourist infrastructure.

Market and real estate prices in Samsun

The real estate market in Samsun is developing and gaining momentum. This is evidenced by the fact that in the northern provinces of Turkey, including Samsun, about 15,000 residential units will be built by 2023. According to Trendreports, the construction of the property will be carried out by the Turkish Housing Authority (TOKI).

Analysts also note that the most noticeable change in terms of the geography of housing demand in Samsun is the growing interest from citizens of Russia, Ukraine and Belarus. Given the situation in these countries, further growth in investor activity is expected.

The increase in sales of real estate to foreigners is also facilitated by the realization of pent-up demand: many foreign investors have postponed purchases to a later period due to the pandemic. Accordingly, now, in the post-pandemic period, deferred demand is being realized.

Samsun residential and commercial real estate is represented by a wide range of housing built in compliance with advanced technologies.

The sale of housing from developers in the primary market can be carried out in installments, various promotions and discounts are offered.

Estimated cost of real estate in Samsun:

• apartment in a new building (black frame condition) - from 300 USD per sq.m.;
•  apartment in the city center - USD per sq.m.;
•  apartment in the suburbs - 470 USD per sq.m;
•  hotel with an area of 1500 sq.m. - 5.5 million USD.

 Property types in Samsun for sale

Samsun real estate is represented by the following types:

•  residential (apartments, villas, apartments, houses, penthouses, etc.);
•  commercial (hotels, restaurants, shopping centers, farms, etc.);
•  land for construction.

Samsun real estate website (full catalog)

We recommend that you use only expert information and follow the instructions of specialists. The GEOLN.COM website will help investors with finding a perfect housing. This website contains a list of verified real estate objects with current characteristics in Samsun.

Buying Samsun real estate by foreigners: the nuances of investing

The acquisition of real estate in Samsun in the amount of $400,000 allows a foreigner to obtain citizenship of the Republic of Turkey. Foreign citizens can buy property in Samsun without restrictions (with some exceptions), it only requires a passport. When buying a home in a new building, an agreement is concluded between the buyer and the developer, and when buying a secondary property, the contract between the two parties is accompanied by a lawyer. The whole process can take about a week.

There are a number of restrictions for non-residents:

•  the acquisition of real estate in rural areas, protected areas and military zones is prohibited for both individuals and legal entities;
•  the total area of real estate purchased by a non-resident of the country - an individual, should not exceed 25,000 sq.m. countrywide.

For a safe purchase and execution of a sale and purchase transaction, we recommend that you seek professional help from GEOLN specialists, who guarantee high-quality selection of real estate, preparation of documents and comprehensive support for the process of purchasing an apartment in Samsun.

Buying a property in Samsun is a profitable investment aimed at obtaining a stable passive income (from rent or resale). This is an opportunity to relax and live in a resort city with a developed infrastructure in a favorable climate.

Real estate prices in Samsun