Property Prices in Mersin, Turkey

Index Info
Price to Income Ratio: 6.88
Mortgage as Percentage of Income: 248.00%
Loan Affordability Index: 0.40
Price to Rent Ratio - City Centre: 13.44
Price to Rent Ratio - Outside of Centre: 13.65
Gross Rental Yield (City Centre): 7.44%
Gross Rental Yield (Outside of Centre): 7.33%
Rent Per Month
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1 Bedroom Apartment in City Centre ₺21,604.19 17,500.00-30,000.00
1 Bedroom Apartment Outside of City Centre ₺16,123.28 12,500.00-20,000.00
3 Bedroom Apartment in City Centre ₺33,333.33 25,000.00-40,000.00
3 Bedroom Apartment Outside of City Centre ₺25,428.57 23,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre ₺5,507.93 3,483.84-6,461.92
Price per Square Feet to Buy Apartment Outside of Centre ₺4,211.86 2,601.26-4,970.70
Salaries And Financing
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Average Monthly Net Salary (After Tax) ₺38,000.00
Annual Mortgage Interest Rate (20-Year Fixed, in %) 36.00 25.00-48.00

These data are based on 68 entries from 11 contributors over the past 18 months.
Last update: 4 June 2026

Sources and References
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