Izmir Properties and Prices

11 Properties Found
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Price $49,173

Asem Loft Residence Modern Property Project in Izmir - Rg-2000

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Price $110,000

REAL ESTATE IN IZMIR TURKEY - RG-553

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Price $65,000

LUXURY AND MODERN LIFE IN ONE PLACE - RG-552

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Price $62,000

HOUSES FOR SALE IN IZMIR TURKEY - RG-551

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Price $49,000

PREPARED FOR INVESTMENT IN IZMIR CENTER - RG-550

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Price $190,000

BUY APARTMENT IN TURKEY IZMIR - RG-549

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Price $220,000

IZMIR VILLA FOR SALE WITH BEST LOCATION - RG-548

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Price $85,000

ENJOY THE LUXURY OF IZMIR AT HOME - RG-547

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Price $70,000

PROPERTIES FOR SALE IN IZMIR WITH BEST CHOICE - RG-546

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Price $95,000

Real estate for sale in Izmir - Rg-545

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Price $165,000

6 Bedroom Apartments For Sale in Izmir - RG-544

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Things to Consider While Buying Property in Izmir

Izmir is the pearl of the western side of Turkey, it’s the third-largest city in population after Istanbul and Ankara. It has a Mediterranean climate with long, hot, and dry summer while the winter mild to be cool, rainy with average temperatures. 

The real estate sector has developed significantly in the last few years combining both dynamic life and commercial events, so when you think to buy a property in Izmir you can enjoy the social life and raise your work in such an investment environment.

In Izmir, there are many topics to consider while buying a property:

Choose your consultant

Many people come to Turkey and meet a person who has a friend that is coincidently working in selling apartments at a very reasonable price. But if you want to buy such a property you should make sure that the people and real estate company you deal with is Professional and Reliable, so they can help you to avoid potential pitfalls and lead you to save your money. actually, some people think they can save money by not dealing with a Real Estate Company and it can end up costing them a lot more. but by choosing a professional real estate agent, you can avoid the long and stressful journey of buying a property, be aware of all purchase expenses and save money.

Make your own Inspection tours

It’s important to choose the property that suits you, examine it closely, visit the location, and make two or even three tours until you feel satisfied with it.

Get some support

Dealing with a strong lawyer provides you with extra protection, the lawyer can check all legal paperwork and avoid every possible problem for the future, besides that it’s required to be such a person who can be looking after your interests solely.

Verify the Legal Procedures

Make sure of all the papers especially the Title Deed (tapu), your lawyer, Real Estate Agent, and the seller will draft a contract clearly stating all the conditions of the sale. This should be as detailed as possible, with the times of payments clearly stated and any penalties for anyone not complying with the contract written and agreed upon. This is when you should pay your deposit.

Izmir’s characterized by different concepts and quality standards that can suit most aspirations with comfortable financial rates. Most of the new modern projects come within serviced compounds and complexes that include a versatile design. Starting from economic studio apartments to luxury lofts. Those developments may include commercial units like stores and shopping centers, another option is private properties like independent houses and elite villas with landscaped gardens and special views. And if we talk about modern business environments, like work centers and home office towers they are spread all over Izmir in popular districts serving corporate sectors and commercial purposes.

The price range of property in Izmir differs depending on the market values taking into consideration the location, view, quality of construction techniques and materials that are used, and available services. According to (Endeksa) statistical website, the annual average price for buying a house in Izmir is around 497.250 Turkish lira.

Folkart İnsaat
Umsan İnsaat
Tekno İnsaat
Ronesans Holding
Dere Grup

ensure the quality of established projects and make them easier to reach Similar concepts of construction and property projects in Izmir can also be found in other provinces with metropolitan centers like Ankara, Istanbul, Sakarya, and Bursa.

How are the Prices of Properties in Istanbul Determined?

A lot of factors able to determine the pricing of property projects in Izmir, and here is some of the most critical ones that directly relate to those figures:

Neighborhood

The neighborhood is one of the biggest influencers of a home’s value, it could affect both qualitative and quantifiable aspects of a home’s appeal. For example,  is it close to the city center, how far are the sea and coastal facilities from the property, or it’s closer to the mountains and green landscape.

The Local Market

The home’s value market is influenced by the current state of the market. Home prices are shaped by supply and demand in the market and social facilities that surround it such as hospitals, schools, big shopping centers, coastal facilities, access to major highways…etc. but also it may fluctuate based on subtle changes in that area’s economy.

Size and Features

A home’s size has a major influence on its value, with some prospective homebuyers looking specifically at price per square foot to filter out this effect and determine value. not to mention the quality of the interior design, materials that are used, the location of the property within the construction, and the possessed view by the property.

Age and Condition

The condition of the home definitely matters. Newer homes will sell for more than older one’s cause of the used technics in the building process, which reflects positively on the maintenance and minimize it until 15% to 0% also, Things like the home’s foundation, structural integrity, electrical work, plumbing, and fixtures had their effects too.

What are the Benefits of Buying a Property in Izmir?

Buying a property in Izmir makes you in one of the leader cities in turkey, it’s a prominent city whether in the business, tourism, or real estate market

Variety of Choices 

Izmir attracts Turkish and foreign tourists in huge numbers every year, Ephesus city ruins, Pergamon ruins which are famous world over giving the city its own ancient spirit, besides the golden beaches like Cesme and Alacati which combining all sea, sand, and sunlight in such a fantasy way, not to mention the coastal lifestyle which is recommended by the doctors to improve our mental health.

Economic Aspects

Izmir is The Second Largest Commercial Center of Turkey it’s taking a share of 4.1% of total imports and 6.1% of total exports in Turkey, thanks to having more than 4500 export companies and $17.1 billion foreign trade volume in total.

Besides that, Izmir is famous for products like textiles, agriculture, chemicals, machinery, and equipment. The Imports and exports are done mainly with Germany, China, Russia, USA, Italy, England, Spain, and Italy according to the last few years’ statistics.

Choose Your Transportation Sea, Land and Air 

The airport of Izmir is working on highly efficient serving about 13 million passengers every year, it’s Turkey’s fifth busiest airport, but Izmir is also easy to get via roads thanks to the highways network and bus stations with scheduled routes or simply, we can get to Izmir by sea using ports like Kusadasi and Cesme. Alongside that the Buses, suburbans, metro, and tram serving public facilities such as Healthcare and educational institutes, entertainment, and amusement parks as well as local shopping centers and international brand stores.

Affordable Expenses

If we are comparing Izmir to other prestigious countries in Europe or even to cities in Turkey, Izmir offers the same standards of luxury and modern living experiences at affordable prices. you can find a lot of living choices available especially for foreign residents who can benefit from the high exchange rates of the US Dollars and Euro currencies.

What are the Features of Property Located in Izmir?

Izmir is one of the biggest real estate markets in Turkey. It can give you a lot of choices including investing in real estate or even owning your dream house. here we can mention the main advantage of the city: 

Inside The Property 

Izmir’s property projects have a variant of options even in the same project. it’s differing between the standard-size studio apartments reaching mega-size luxury villas with complete private facilities. This reflects positively on the available choices by offering an option that suits every financial and social capacity, but in general, the area of a property in Izmir is about (110 m2) in major housing projects.

Feast Your Eyes 

The blue deep water that characterized Cesme is located on a small peninsula, sitting opposite the Greek island of Chios in the Aegean Sea, located approximately 80km west of Izmir and 90km from Adnan Menderes International airport. 

The peninsula has many coves and stunning beaches around its shores all as popular as each other for many reasons, the laid-back atmosphere, the crystal-clear waters, charm and beauty, and all within very easy reach of the Cesme town center with its ancient castle and upmarket marina.  But if you want to experience the Sea and the Forest in one place the Inciraltı City Forest could help you in that, The Forest is combining both sea and nature in one place, covering an area of approximately two million square meters, there you can do sports and jogging and have a picnic in this area all hours of the day. besides that, there are recreational areas, bridges made of natural stones, rocks and wood, walking trails, and cycle lanes in the Inciraltı City Forest. the wetland area where birds shelter, and spawn is protected by a wire fence.

A Life to Live

Izmir is ranked 7th most developed city in Turkey in the Human Development Index 2020 (INGEF) research published by the Human Development Foundation.

The well-being of city people and the infrastructure possibilities and clean environmental conditions all increase the life quality of individuals.

According to indexes of Numbeo which is the world’s largest database of user-contributed data, about cities and countries worldwide, Izmir stands out among many cities of the world especially in terms of Climate, Safety, Health Care, Traffic Commute Time, and Quality of Life. and if we talked about the average cost of living in Izmir, Turkey:

The family of four estimated monthly costs is (11,936.96 TL) without rent. 

    • A single person’s estimated monthly costs are (3,458.34 TL) without rent. 
    • Izmir is (74.23%) less expensive than New York (without rent) 
    • Rent in Izmir is, on average, 110.77% lower than in New York.

What are the Reasons to Buy Property in Izmir?

Izmir outperform the rest of turkey’s cities in sea trade and all come from city’s history and its superior location, many reasons get behind popularizing this city as the protagonist in Turkey’s housing projects area, such as:

Always in Progress

The decisive factor for investors to consider invest in Izmir is the number of relative large-scale investment projects around the city. In the last 10 years, the city has rapidly improved road and rail network, as well as improving pedestrianization and traffic management not to mention the air and sea facilities.

The city opened a metro line running from Karsiyaka around the Bay of Izmir in April 2017, and a second metro line, 12.9km long, has opened from the Konak side later 2018, and the Municipality still improve until these days by connecting most of the growing suburban areas to major shopping and nightlife centers, which isolate you enough and made you sleep tight at night.

High Rate of Growth

Most Izmir’s economy is comprised of industries, commerce, transportation-communications, and agricultural activities. also, its famous of oil and chemical products, metal, textile, machinery, food, tobacco, foodstuff, commerce, construction, textile/ready-made clothing, wood-furniture, chemical-plastic and agricultural products trading are widely observed in Izmir’s commercial life. In agriculture and animal husbandry, production of cotton, grape, olive, fig, tobacco, vegetables and fruits, fish and animal by-products occupy the top places. by the looking at Izmir in 2013, the city has contributed in 6,1% of Turkish exports and almost half of those of the Aegean Region.

Investor in Day, Tourist at Night

Every year the foreigner’s investment grows cause of city’s westernized attitudes and vibrant life in it. In fact, it is probably the perfect city-by-the-sea for the all-round Aegean experience. Izmir is well famous within the Aegean region for its dining and nightlife. Alsancak area and around the Izmir Fuar area gives you the experience to try the magnificent traditional Turkish dishes, while Bornova’s and Balcova’s areas offer you the quirky cafes. Izmir is a treasure of art, the shopping meccas that dot the city, the cafes with Parisian culture, the chic-ness of Madrid, the artistic atmosphere of London’s Convent Garden, and the cultural experiences of Athens all gathering in one place and you’ll be spoilt for choice.

What is the Material of the Properties in Izmir?

Turkey properties are widely known across the globe for their innovative plots, modern interior designs, and high-quality material used during all building stages. The project architect, control engineer, and quality control architect work together to choose the construction materials that perfectly comply with the specified plans. Generally, we could divide the materials into two main types:

Main Construction Materials: such as Gypsum, paint, glass, cement. iron-steel, natural stones, gas concrete, roof, PVC, heating and cooling system are common and used widely almost in all type of modern projects and some of them used as a decoration material, but there is some sort of materials that’s used specifically in Izmir like:

Soundproofing Materials: Soundproofing is a specialism that revolves around effectively controlling unwanted noise, with various soundproofing materials they will be able to mitigate the effects of noise, provide a quieter home and help the businesses who need to reduce the noise impact that surrounding them. 

Heat-Resistant Materials: keeping your building safe is very important especially when we talk about fire damage. fires can completely decimate a building but using heat-resistant materials provide high level of security and ensure a defense that hold against any situation.

Earthquake-proofing: Earthquake-proofing is a common part of designing buildings in countries like California, Southeast Asia, and Chile, some of the tallest buildings in the world are designed to withstand earthquakes of up to 8.0 on the Richter scale. it has become essential in every modern project.

Izmir takes Earthquake-proofing seriously using the five key features of earthquake-proof buildings which are:

The stiffness of the earthquake-proof buildings
The foundations of earthquake-proof buildings
The use of cross braces in earthquake-proof buildings
The multiple safety strategies built into earthquake-proof buildings
The materials used in earthquake-proof buildings such as Structural steel, Wood, Bamboo, and Reinforced concrete
Thermal Insulation Materials

Thermal insulation materials reduce energy costs by keeping your home warm in winter and cool in summer, it works on reducing the heat transfer between two objects of different temperatures such as the house and the outside environment. it could limit the heat convection, conduction, radiation, or a combination of the three.

Secondary Construction Material: like aluminum, wood, elevator, and lighting…etc are used too.

What are the Property Options in Izmir?

Apartments and Flats placed within fully serviced housing compounds, or stand-alone towers as well as independent residential buildings. Those units could be economy studio apartments or even luxury 5-star fully serviced. Cheap property is also available, but the quality differs too.  

Detached Villas with views over the Aegean Sea, enjoying blue deep water at day and city lights during the night, wide green spaces, lakes, or even direct access to the beach. Those properties are designed with high-end luxury aspects. First-class finishing, inclusive facilities, and top-quality decorations.

Business Centers and Home Office towers ompatible with modern corporate environments. located in the heart of the city near dynamic life hubs and transportation channels or you can simply be outside the city closer to the sea or forest.

Shopping Centers with extraordinary locations contain all-purpose commercial units and attentively designed stores. Mostly situated by main roads and social attraction spots, opposite vital highways, and intersection traffic points.

Izmir’s property taking the person wellbeing in consider, by providing sparkling swimming pools, fitness areas, and saunas as an essential. also, many locations are conveniently located near shopping malls, dining options, and entertainment, there you can be right in the middle of the action while keeping your private little slice of Izmir heaven.

So many foreign and local investors are beginning to understand the beauty of investing in Izmir. it seems the right time to take the plunge.

Who is Suitable for Owning a Property in Istanbul?

Investors in Real Estate

No matter if you are investing in hotel residences or a small apartment in the suburbs, Izmir gradually building solid proof to earn the reputation of being a great investment choice in both Real estate and the trading world. by providing a modern construction project, and the variant range of prices that suits everybody’s budget.

Environment for Businessmen

With the variety of job opportunities and fertile grounds suitable for small, medium, and large size business projects Izmir offers a good solid work ground.

Balance in Every Aspect

With the combination of beautiful nature, coastal weather, adaptable living finance, and decent social standards, most of the families choose Izmir as their new heading of residence where they do not have to compromise quality living standards in the account of financial aspects, beside the compatibility in every aspect that the city offer for the new visitors.

Live in Luxuriate Way

Izmir hosts a lot of real estate projects that satisfy all tastes. Deluxe villas just a few steps away from the sea and golden beaches, exclusive penthouses with 5-star hotel services. with Those types of real estate, you can enjoy the VIP life and spending a high-quality time with your beloved ones away in your own world.

People who seek for being Turkish citizens

According to the Turkish civil laws, foreigners from white-listed countries can apply for Turkish Citizenship after meeting a certain criterion. Buying properties in Turkey is one of the most used approaches to comply with the constituted requirements of the application.

Are Properties Located in Izmir Suitable for Who Wants to Be Turkey Citizen?

Yes, it’s surely suitable for applying for Turkish citizenship. However, other financial considerations and ownership obligations should be taken into consideration, to be fully compliant with the current legal

10 clauses of the application process. Turkish Citizenship is one of the most sophisticated titles across the globe since it offers plenty of advantages, such as:

  • Ability to visit more than 116 countries for Personal, more than 155 for Business passports visa-free. Besides the potentiality of including EU countries shortly
  • Besides owning such a prestigious passport, it provides safety of guaranteed investment returns.
  • Quick Citizenship and Passport issuance process, down to 3 months only
  • Multi-nationally and Wealth disclosure-free authorizations
  • Comprehensive Medical Insurance and Quality Education for the whole family
  • Safety, Democracy, and free life privileges of the Middle Eastern- European Turkey

What is the Advantage of Property Buyers in Izmir?

The experience of living in Izmir can give you different feelings with such a colorful life on so many levels, many people gravitating towards moving there, to enjoy the Aegean life. And here are some advantages of living in Izmir:

Lively Ancient Culture

Izmir known as an economic and social dynamic city thanks to its climate and the fact that it has become home to many different cultures and religions such as Persians, Ancient Greeks, Assyrians, Romans, Byzantines and Ottomans, and those are just a few of the dozens of different civilizations that the city has hosted throughout its long history. almost half of its population is under the age of 30 which makes the city full of life. besides that, it hosts tens of thousands of university students; educates scientists, artists, business leaders.

Joyful Activities 

With 300 sunny days, Izmir makes the visitors happy using the charm of its cuisine, blue sea, sports & health facilities, alongside the natural living spaces. Visitors will want to revisit again or even to settle in it. you can always enjoy with geothermal springs, which is located in Balcova (known in history as the Agamemnon Springs) and easy to go or you can enjoy Modern villas and facilities that’s provide accommodated treatments like thermal pools, springs, and spas for your daily getaways. another type of joyful is to rent a bicycle and tour Izmir using the tracks, visiting the city facilities, golden beaches and the heart beating forest.

Living in Safety 

as a crowded and multicultural city, Izmir considered one of the safest and expat-friendly spots in the area. Thanks to the reliable security systems and touristic nature of the city which requires extra organization and precautions, not to mention the friendly nature of the people living there, 

Easy to Reach

Urban transportation is characterized by buses, metro, trains, ferries, and trams operated by Izmir Metropolitan Municipality. All public transportation is integrated via connecting system that connect sea, land and all the city facilities together.

A Golden Coin

the social, industrial, and geographical aspects make Izmir one of the important centers of international relations, investment, and trading in the coastal line of Turkey. Job seekers, businessmen, and investors rush to establish their feet and offices on its golden beaches.

What are The Price Ranges of Properties Located in Izmir? 

According to Real Estate market analysis, as per Izmir’s neighborhoods, the average price of buying a property is shown in the table below:

Location

Average Gross Area

Min Price

Max Price

Balcova

130m2

399,480 TL

1,382,160 TL

Bayrakli

120m2

300.625 TL

1.023.829 TL

Konak

120m2

167.040 TL

1.246.032 TL

Urla

182m2

447.240 TL

2.978.820 TL

Cesme

158m2

492.965 TL

4.454.912 TL

Karsiyaka

120m2

294.000 TL

2.246.484 TL

Kemalpasa

130 m2

205.800 TL

1.324.890 TL

Bornova

110 m2

356.542 TL

3.788.060 TL

Torbali

132 m2

209.304 TL

738.293 TL

Menderes

118 m2

281.320 TL

1.248.600 TL

Guzelbahce

207 m2

394.800 TL

2.584.200 TL

those ranges are not fixed figures. Underlying factors like foreign currency changes, seasonality, and urbanization plans may interfere to change the values. The social standards of each spot, proximity to major life amenities, and transportation facilities also play an important role in the pricing levels.

What are The Payment Methods to Buy Properties in Izmir? 

The payment plans and financial routines for buying a property in Izmir are generally quite flexible and not that complicated. In most cases they fall into: 

Advanced down payments of corresponding installment plans: The amounts and time frames are usually changeable based on commercial formulas. Long- Term/Short-Term, as well as annual installments, are also among the used patterns. 

One-time cash payments: Those types of financial terms are usually accompanied by competitive discounts. They are more applicable for affordable pricing modules.

What does Life look like in Izmir?

Izmir is one of the most attractive and peaceful cities in Turkey, which make it unforgettable trip for anyone, and there are many people who visit the city as a part of their tourism plan, but they decided to stay in it for a long or maybe a lifetime. Izmir has countless natural attractions, besides its sandy beaches, historical monuments, mineral waters, ancient cities, palm trees, cafes, and many other attractions. all of this comes with thriving business opportunities, job offers, and solid educational plans. The diverse residential projects also provide all sorts of options and features, such as location, views, designs, and budgets.

What Are the Other Cities That Have Properties Similar to Izmir? 

We can name other cities in Turkey resembling the Izmir experience like: 

Alanya
Istanbul
Antalya
Bursa
Bodrum 

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