Your Guide to Investment in Izmir Real Estate
At Get Properties, we’ve helped countless investors from various nationalities to acquire property all around the globe. Now, it’s time for us to pave the way for you to obtain your dream house.
Contact us to get help from our experts during your property search and purchasing process if you’re planning to invest in Izmir real estate.
Buying Izmir Property for Sale
Izmir is one of the best cities to live in Turkey. As the third-largest city in the country, Izmir has a cosmopolitan vibe, a prosperous historical heritage, and a lifestyle that’s a perfect blend of the modern and the traditional.
Alongside many perks of living in this beautiful coastal city in the Aegean, there are various advantages of investing in Izmir real estate, as well.
Area: 11.891 km²
Proximity to Main Airports: 18 km
Benefits of Investing in Izmir Real Estate
Low Cost of Living
Although Izmir is the third-largest city in Turkey and is excessively developed, it offers a high standard of living in return for affordable prices. Life in Izmir is especially cheap when compared to the European cities or Istanbul.
Since Izmir is a highly developed city in terms of the local economy, industry, and tourism, it offers an abundance of job and business opportunities.
Great Education Facilities
Izmir is home to exceptionally good educational institutions. Four of the largest universities in Turkey, as well as a prestigious technical college, are located in Izmir. Not to mention various excellent private and public schools that employ the best staff and the latest equipment.
Immense Tourism Activity
Izmir is a hot destination for tourists with its many golden beaches that are some of the best in the country. In addition to these stunning beaches, there are many historical sights to see due to the city’s rich heritage, and mesmerizing nature. These aspects make Izmir a much-favored spot for both tourists and foreign investors.
In addition to its brilliant beaches, Izmir’s coastline is a great place to hang out and chill or spend time with family and friends. There are many cafes and restaurants where you can enjoy a delicious meal or sip your drink against the stunning view of the Aegean Sea.
City safety is an important factor to consider when deciding to relocate abroad or invest in a property.
Despite the denseness of its population, Izmir is one of the safest cities in Turkey. Crime rates are low and the city streets are safe during both day and night.
The city is rapidly expanding and advancing in terms of tourism, industry, and economy. As a consequence of this growth, the demand for Izmir apartments for sale increases as well.
Therefore, buying Izmir property for sale is an excellent investment in the long run. Even if you don’t choose to live in your property, you can make a profit by renting it out or selling it in the future.
The Simplicity of the Property Buying Process
Yet another charm of buying an Izmir house for sale is the simplicity of the purchasing process. Investing in Izmir Turkey real estate takes only a brief procedure of transaction and exchanging of signatures; et voilà! You’re a house owner in Turkey.
Turkish Citizenship by Investment
Last but not least, another very appealing upside of buying houses for sale in Izmir is that investing an amount of at least $400,000 on a Turkish real estate property allows you to become eligible for obtaining a Turkish passport through the citizenship by investment program.
Top Five Areas to Buy Izmir Property for Sale
There are a few factors you may want to consider as you choose your neighborhood according to your needs and preferences. These factors include access to amenities or proximity to the beach, schools, healthcare, and public transportation.
Find below five of the best neighborhoods in Izmir:
Stretching 12 kilometers along the Izmir coast, Karsiyaka is only 6 kilometers away from the city center.
Karsiyaka is full of great restaurants, cafes, and bars. In addition to the variety of social amenities it offers, Karsiyaka acts as the cultural hub of Izmir. Most of the events related to arts and culture are held in this part of the city.
Karsiyaka is also known for its elegant houses and the excellent education and healthcare facilities that it offers.
As the third largest district in Izmir, Bornova is a university neighborhood. Hence, a great part of the population in the district is composed of young students. There are various social amenities including the vast shopping mall Forum Bornova.
Cesme is one of the most tranquil towns on the Izmir coastline. It’s an extremely popular holiday destination and increasingly becoming a hot location for foreign investment day by day.
The cobblestone streets, excellent food and drinks, charming nature, vivid nightlife, and the peerless architecture of Cesme make the district a very authentic, relaxing, and fun place at the same time.
Alacati is the actual pearl of the Aegean coastline. With its crystal clear water and golden sand, the Alacati beaches are the dream destination for many tourists that are looking to have the perfect vacation.
Located 10 minutes from Cesme, Alacati is a great spot for surfing and sailing due to its windy nature. The district is known also for its great restaurants, bars, and cafes where you can enjoy delicious food and beverages.
Located 70 kilometers from the city center, Foca is the perfect town to buy a retirement home. With its magnificent nature, beautiful beaches, and historical sights, Foca delivers all that a small town can. Dating back almost two thousand years, Foca has a distinctive culture and heritage of its own.
10 Best Activities You Can Do in Izmir
It’s hard to get bored in a city like Izmir. It offers all the things a big city offers and more. Living in Izmir, you can have great weekend getaways or enjoy the city’s perks.
The following are the 10 best activities you can do in Izmir:
Wandering around and shopping in the Kemeralti Bazaar
Seeing the famous Clock Tower of Izmir
Visiting the Archaeology and Ethnography Museum
Going to the ancient city of Agora
Spending the day at the beaches like Bademli or Sazlica
Going to the St. Polycarp Church
Tasting the authentic food at the Old Town
Hanging out at the Alsancak Kordon’s cafes and restaurants
Taking a tour to see Pamukkale
How To Find Property for Sale in Izmir Turkey
You can find houses for sale in Izmir listed online on the real estate website. You can check out different platforms and specify some favorites. Later, you can get in touch with real estate agents and make appointments for house viewings.
Walking around the neighborhood you’ve picked and looking for “For Sale” signs on the apartment windows is an alternative way to find an apartment for sale in Izmir.
Buying Houses for Sale in Izmir Turkey
The process of purchasing an Izmir house for sale is pretty simple. Find below the steps you’ll be required to follow to buy apartment in Izmir:
Doing a comprehensive online research
A thorough budget planning
Searching for an Izmir house for sale online
Flying to Izmir
Contacting real estate agent(s)
Getting house viewing appointments
Negotiating the price
Paying the deposit
Signing the contract by reading it thoroughly
Getting a tax number and the report of appraisal
Opening a Turkish bank account
Obtaining the title deed
We strongly recommend hiring a professional real estate agent to avoid potential scams or other similar inconvenient situations. It’ll also reduce your workload during the purchasing process.
Reach Out to a Professional in Izmir, Turkey
The main objective of Get Properties is to help investors from all around the globe acquire properties abroad in many different parts of the world.
Contact us for further information about Antalya real estate and to get assistance from our experts during the process of searching for and purchasing a property.
Speak to a Real Estate Advisor in Izmir
Izmir Homes for Sale: Prices
The location, type, and size of a property, as well as the number of rooms it has and the condition it’s in, determines the price of a property in Izmir. Hence, the prices of Izmir homes for sale vary. However, according to 2022 data, the average property price per square meter is around $800 in Izmir.
Buying Izmir Apartments for Sale: The Bottom Line
Izmir is an extremely convenient destination to make real estate investments, as well as a great city to live in, with its charming landscapes, coastal lifestyle, amenities it offers, and the opportunities it harbors. The said investment is a wise long-term move because it’ll allow you to make a grand profit in the future.
Take action now to acquire your dream house and grab the chance to make the investment of your life.