Why buy real estate in Mersin: pros, cons, current prices

This city has been called the rising star of the Turkish real estate market and the new Alanya for several years now. But time goes by – to what extent does Mersin (and we are talking about it) justify the advances? Why do foreigners buy apartments here? What are the pros and cons of this region of Turkey? And why is real estate in Mersin still cheap?

Contents of the article

• How Mersin became popular
• Pros and cons of Mersin
• Who is Mersin suitable for
• How much does real estate cost
• Why are apartments cheap in Mersin

How Mersin became popular

Ten years ago, few people had heard of Mersin. The first Russian tourists who got there (it's 350 km along the coastal highway to Alanya) bought real estate on the principle of “let it be”. Besides, it was cheap: a decent apartment in Mersin cost from $20,000.

There was no point in coming for a week's vacation: more trouble than pleasure. The Mediterranean Sea is indeed right outside the windows, but the quality of the tourist infrastructure was not the same as at the familiar Turkish resorts…

However, for those who wanted to live not in the capital of Turkey, but not in the provinces either, Mersin was almost ideal. The city still attracts foreigners who want to move to Turkey for permanent residence.

Even 10-15 years ago, the city was more of a logistics hub and did not seem like a place to attract expats

Nuclear Power Plant Construction

A wider audience heard about Mersin thanks to the construction of the first Turkish nuclear power plant, Akkuyu, nearby.

Specialists, including foreigners, many with their families, came here. Aeroflot launched direct flights from Moscow to Adana. For many, it was a revelation that “there is also a sea here”!  

And since there are few hotels in this non-tourist city, the demand for housing began to grow rapidly.

“Akkuyu” is the largest Russian-Turkish project. Part of the nuclear power plant will be commissioned in 2025

Construction boom

Developers rolled up their sleeves, their activity coincided with the general rise in prices in Turkey.

In 2022-2023, the cost of housing in Mersin almost doubled, in the middle of last year, realtors assured that “you can no longer find an apartment in Mersin cheaper than $50 thousand.”

Chukurova Airport

The main event of the region in 2024 – after repeated postponements, 40 km from Mersin, Chukurova Airport began operating. All international flights from Adana have been transferred there. However, their geography is still small, and the majority of those flying here are still Russians.

In this sense, the name “second Alanya” begins to justify itself: among Europeans, there are most Russians here.  

Chukurova Airport in Mersin

Real Estate Prices

If we talk about real estate in 2024, the market of Mersin, like the whole of Turkey, is not so lively. Prices have fallen: you can find options from €35 thousand at the final stage of construction.

Thus, the city offers inexpensive, even cheap by today's standards, housing, which makes it interesting.

What else attracts?

Pros and cons of Mersin

Mersin is a large Mediterranean region, where more than 2 million people live. Most of them are Turks, there are still few foreigners here.

The province has 13 districts, four of which – Akdeniz, Mezitli, Toroslar, Yenişehir – are part of the city proper.

Mersin is called a two-million village – this may seem offensive, although there is nothing derogatory about it.

Infrastructure

Mersin has an 18-kilometer embankment – by the way, it is very beautiful. There are high-rise buildings, many educational institutions, a good university, the center of “stylish life” Mersin Marina, shopping centers …

Embankment in Mersin

On the other hand, among the multi-story buildings in many neighborhoods you will find only grocery stores and rare pharmacies. Chickens and other domestic animals roam between the houses.

Even in the old city – there are such neighborhoods here – by seven or eight in the evening everything closes, life comes to a standstill. The picture is completed by the fact that many streets do not even have lighting.

Beaches

Mersin can also be called an industrial metropolis: there is a large port here.

There are no beaches in the city center, and those that need to be reached are not adapted for the “mass tourist”. Rows of sun loungers with umbrellas are also more the exception than the rule.

Attractions

There are only a couple of little-known museums in Mersin. For “antiquities” and “interesting things” you need to go outside the city by private car or excursion buses.

And one more characteristic figure. On hotel booking sites for “non-tourist” dates in December, almost 200 hotels are available in Alanya with a population of 300 thousand, and about 30 in Mersin with a population of two million.

In short, it is clear: tourists are not the main thing here.

Seismic safety

It is safe here from a seismic point of view – for many this is an important parameter when choosing real estate in Turkey. Here is a map from AFAD (Turkish Disaster Management Agency).

New buildings

The city is really developing. More and more beautiful residential complexes with decent infrastructure are appearing here. Many are just “5* hotels without leaving home”, there are even water parks.

At the same time, Mersin, despite its size, is “informationally compact”. It is not difficult to check the reputation of the developer – there are not many of them here.

Projects of residential complexes in Mersin, which are currently being built

Residence permit for real estate

The most important argument: in Mersin, unlike Alanya and Antalya, the most desirable areas are open for obtaining a residence permit.

Such as, for example, the very developed and convenient Yenişehir, where you can also resolve the issue with rent, because it is a university district.

Pay attention!

Mersin's peculiarity is that in one district there can be both closed and open locations for residence permits – streets. These are the districts of Mezitli (several blocks are closed), Erdemli (only one block is closed), Silifke.

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