Real estate in Izmir, Turkey
Owning and investing in real estate in Izmir is one of the best and most successful investment projects as we will see in this article from Ebla Real Estate.
Izmir in Turkey:
Izmir is located in western Anatolia, Turkey, with a charming view of the Aegean Sea (part of the Mediterranean Sea). It extends over an area of 11,891 square kilometers. Moreover, it is surrounded by the states of Aydın, Balıkesir, and Manisa, in addition to the Aegean Sea and the Aegean Islands.
Izmir is the third most populous city, with a population of 4,462,056 million. Izmir is one of the leading cities in all fields, including economic, cultural and historical fields in Turkey. It is also the second industrial city after Istanbul.
Real estate in Izmir, Turkey:
Izmir is the first export port and one of the most important commercial areas in Türkiye. Moreover, Izmir enjoys charming views of the Mediterranean Sea, and it has many tourist destinations. Therefore, it attracts many tourists and investors.
Based on its industrial, touristic and commercial importance, the real estate market in Izmir has flourished remarkably. It ranked third among the best-selling Turkish cities for real estate, with more than 169,000 properties, according to the statistics of real estate sales in Turkey for the year 2022.
Reasons for real estate boom in Izmir, Turkey:
Vital location of Izmir:
Izmir has a strategic location in western Anatolia, Turkey, overlooking the Aegean Sea. It is easily accessible across the Mediterranean Sea, in addition to its large airport, which provides high-quality services and receives thousands.
Tourism in Izmir:
Izmir is one of the favorite tourist destinations in Turkey, due to its historical, cultural and entertainment attractions, as well as its charming view of the Aegean Sea. It is worth noting that it received more than one million and 36 thousand tourists in 2021.
Economy in Izmir:
It is the third most important region in Turkey in terms of economy and the fourth in terms of per capita income. İzmir’s economy consists of industries, commerce, transportation-communications and agricultural activities to a great extent.
Moreover, Aliaga Port and Izmir Port are the sixth and seventh largest ports in Turkey in terms of container volume. They also include two free trade zones, which are among the largest free zones in Turkey
It is worth noting that these industrial and commercial investments reflected positively on real estate in Izmir and enhanced its importance.
Infrastructure in Izmir:
Izmir is at the forefront of Turkish cities in the country as it has a developed infrastructure. It provides vital facilities and advanced service centers, as well as a comprehensive transportation network.
Izmir can be reached by land, air, sea and rail. It provides flights from Adnan Menderes Airport to many destinations inside and outside Turkey.
Additionally, it is one of the leading Turkish educational cities. There are four state-owned universities and 5 foundation universities.
In addition, there are 21 government hospitals and many private hospitals and health centers.
Advantages of investing in Izmir properties in Turkey:
- The abundance of services and the strength of the infrastructure.
- Moreover, it offers several investment options, including residential, commercial, tourism, agricultural, and other properties.
- The quality of modern buildings and their contemporary designs.
- The prices of real estate in Izmir in Türkiye are low, compared to real estate in neighboring cities such as Istanbul and Ankara.
- Achieving high profits and financial returns that you may not get in other major cities.
Thus, investing real estate in Izmir is feasible. For various options of real estate investments, do not hesitate to contact Ebla Real Estate.
Edited by: Ebla Group Real Estate
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