Real estate in Izmit in Turkey

Real estate in Izmit in Turkey

There is a great demand on real estate in Izmit in Türkiye as there are many advantages of investing in Izmit properties as we will see in this article from Ebla Real Estate.

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Izmit in Turkey:

İzmit is a city in Turkey, administrative center of Kocaeli Province as well as the Kocaeli Metropolitan Municipality. İzmit was known as Nicomedia in antiquity. It was the eastern and most senior capital city of the Roman Empire between 286 and 324, during the Tetrarchy introduced by Diocletian

Izmit is located at the Gulf of İzmit (the ancient Gulf of Astacus) in the Sea of Marmara. It extends over an area of 480 square km. It has a population of about 365,000 people.

Real estate in Izmit in Turkey:

Based on the charming landscapes, advanced infrastructure and advanced services that Izmit enjoys, real estate is a target for tourists and investors.

Moreover, Izmit profitable projects in the city are highly preferred because investing in it achieves high real estate realization. Therefore, the demand for real estate in Izmit has increased.

Reasons for real estate boom in Izmit, Turkey:

The strategic location of Izmit in Turkey:

The geographical location of İzmit is between 40°-41° N and 29°-31° E, surrounded by the Gulf of İzmit at south, Istanbul and the Sea of Marmara at west, the Black Sea at north, and Sakarya at east.

It is 65 km from Yalova and Sakarya, 100 km from Istanbul, and 132 km from Bursa.

Tourism in Izmit in Turkey:

Izmit is a preferred destination for many local and foreign tourists. It has many charming natural places, distinguishes tourist attractions and important monuments.

Industry in Izmit in Turkey:

İzmit is an important industrial center, with a large oil refinery, and major paper and cement factories. Ford Motor Company has a plant here in a joint venture with Otosan, assembling the Transit/Tourneo and Transit/Tourneo Connect vans.

It is also a transportation hub, being located on the main highway and railway lines between Istanbul and Ankara, and having a major port.

Trade and shopping centers in Izmit in Turkey:

Trade flourishes greatly in Izmit thanks to the maritime transport services in Izmit. As Izmit ranks third in exporting industrial products after Istanbul and Bursa.

Moreover, there are many commercial markets and malls in Izmit, which provide all local and international goods and products.

Advantages of investing in Izmit 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 Izmit 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.