Izmir, the 3rd biggest city in Turkey, is a city of choice not only for holidays but for 12 months living with its features; warm climate, tourist attractions, accessibility, health tourism, and historical features that unite many different civilizations. So, where are the most attractive places where you can both visit and invest in housing when entering from this fascinating gate of Turkey to the West? Let’s take a closer look…
If you want to buy real estate for investment purposes in Turkey as well as making a cultural trip and a pleasant holiday, get tourism and healthcare services in a warm climate and touch with nature; you must experience Izmir which is the third biggest city in our country after Istanbul and Ankara.
Izmir, known as the gateway to the West and the modern face of Anatolia, is a city of tolerance that has been home to different cultures, religions, and civilizations for centuries and is noted for its cultural diversity. It is an exceptional city that can take you to the heart of nature; to the highlands, ski resorts, landscapes, and seas mostly within an hour distance. Izmir, which has almost all kinds of tourism opportunities from yacht tourism to convention tourism, faith tourism to cruise tourism, has the potential to be the center of health tourism in the world with its rich geothermal resources and hot springs.
Interest in Iran and Iraq is growing
Among the countries that show the most interest in Izmir are Iran and Iraq from the Middle East, Russia from Eastern Europe and Azerbaijan, and Kazakhstan from the Turkic Republics. In recent years, the interest of Middle Eastern countries has increased more than in other countries. In Izmir, 60% -70% of foreigners buy houses today for investment purposes and
30% -40% to stay.
Which regions attract investors in Izmir?
Its warm climate, natural beauties, famous tourist resorts, and ease of transportation motivate foreign visitors to invest in Izmir. In Izmir which ranks third within the megacities in housing sales with its life quality and facilities, the number of large-scale housing projects is increasing every day.
According to information provided by the TSKB Real Estate Valuation Izmir Branch Special Projects Department, the prices of luxury residential properties more favorable than Istanbul, especially attracting foreign investors to Izmir.
3.5 hours from Istanbul by car
The increase in the accessibility of Izmir in recent years also draws the focus of interest on this region. With the opening of the Izmir-Istanbul Highway, the distance between the two cities was reduced to 3.5-4 hours by private car. Also 17 km from the city center, Adnan Menderes Airport has direct flights to 35 countries and 68 destinations.
Villas are favourite, Urla, Çeşme, Kemalpaşa attractive
According to information provided by the TSKB Real Estate Valuation Izmir Branch Special Projects Department, with motivation to return to nature, and especially with the pandemic, modern villa type structures with the latest technology and architecture are preferred more by the foreign investors. Compliance with earthquake regulations and proximity to the highway are two important criteria for them.
Foreign investors prefer Alsancak, Mavisehir, and Yeni Kent Merkezi (The New Center of Town) regions in the center; Urla and Cesme, which are mostly located outside the center, especially in the pandemic process. Mavisehir, Alsancak, and Yeni Kent Merkezi (The New Center of Town) are regions where new housing projects are made, appealing to the upper-income group. Cesme and Urla, which have attracted attention with their tourist attractions in recent years, the rural parts of Kemalpaşa district attract investors with their natural structure… These 3 regions are also advantageous because they are the development areas in Izmir and are located on the highway route. Let us also remind you that the special coves located in the Cesme-Urla-Karaburun region should be seen in summer…
The area around Konak Square, known as the historical city center of Izmir, and the historical Kemeraltı bazaar, is where the historical structures of Izmir are concentrated. In the center, Kemeraltı Bazaar, which dates back to the 1600s, is the largest open-air bazaar in the world…
How about prices in luxury housing?
In luxury housing projects located in the new city center, which are most in-demand in the city center, square meter unit prices range from 10,000 TL/m2 to 12,000 TL/m2 on average. In Cesme and Urla districts, which are located in the coastal region and stand out with their horizontal architecture, prices vary regionally. In Çeşme, unit prices range from 15.000 TL/m2 to 20.000 TL/m2 and in Urla from 10.000 TL/m2 to 15.000 TL/m2 in villa projects that appeal to the upper-income group.
Don’t leave Izmir without seeing these places!
In Izmir, whose history dates back to 8,500 years ago, it is possible to see traces of societies that lived here throughout history all over the city. We should add that, Agamemnon Hot Springs and Cesme Thermal in Balçova for thermal water treatment, and Bozdag Ski Center in Ödemiş for winter holidays, are places to see.
Konak Square, Kordonboyu, Asansör (Turkish for elevator), Alsancak, Karşıyaka, Kadifekale, Saat Kuleleri (Clock Towers), Kültürpark, Uşakizade Mansion, Elhamra Sahnesi(Elhamra Theater) , Foça, Bergama and Kuşadası are among the important places to visit in Izmir. The most notable of the historical and tourist attractions that should be seen by those who come to Izmir are as follows:
Ephesus Ancient City
Ephesus, one of the most beautiful ancient cities in Turkey, has the Temple Of Artemis, one of the 7 Wonders of the world. The Library of Celcius is one of the most magnificent structures of Ephesus. Ephesus Ancient City hosts symbols that shed light on, Hellenistic and Roman period urbanization, architecture, and religious history.
Şirince Village A small and charming village, Şirince, an old Greek village in Selçuk, has entered the route of those who want to taste wine. The historic cellar at St. John the Baptist Church receives a lot of visitors. Here you can visit old Greek houses and find cafes where you can find a traditional Aegean breakfast.
The House of The Virgin Mary
The Church of the Virgin Mary, which is regarded as quite important in the history of Christianity, is located 9 km from the Selcuk district of Izmir. According to many sources, it is said that after the death of Jesus, the Virgin Mary was placed here by St. John and lived here until her death. The history of the structure dates back to 7. and 8. century.
Seferihisar, Turkey’s first “quiet city”, is a very popular location for those who want to stay in a small and charming place on the coastline of Izmir. It is preferred especially in summer for The Ancient City of Teos belonging to the Hellenistic period and the historical Temple of Dionysus, and its beaches and natural beauties.
Alaçatı, famous for its stone houses, cobbled alleys, windmills, colorful cafes, and restaurants, is a small and charming town in the District of Ceşme. The windy weather of Alaçatı, which is the favorite place of summer house vacationists, brings surfing tourism enthusiasts together.