by Al Khail Real Estate Broker
Why should you buy property in Izmir? The answer is pretty obvious. Izmir, Turkey’s third-biggest city is very popular among foreign investors. You can easily feel western vibes in Izmir and many have likened it to Paris or Madrid for its cosmopolitan and liberal atmosphere. Many new developments and underway infrastructure, its proximity to some of the best historical attractions in the world and its vibrancy are among the best reasons to buy property in Izmir.
Let’s check the top 13 reasons to invest in Izmir by buying a property without any hesitation. Read on to discover the advantages of living in Izmir.
Is Buying a Property in Izmir a Good Investment?
Among the major cities of Turkey, Izmir is the second most popular city. This popularity in this city is due to several factors, including rising prices of real estate and a rapidly developing construction sector. The increase in housing prices in Izmir will continue and those who manage to invest in Izmir today may get a high income after the implementation of their projects. Also, other reasons such as the existence of suitable areas for new entrepreneurs and the high growth rate have caused more investors from all over the world to show interest in living and staying in Izmir.
In addition to attracting tourists with its unique and wonderful aura, Izmir frequently hosts Turkish and foreign investors, with its various investment options. If you are planning to buy cheap houses for sale in Izmir, turkey, then you are on the right path to success and prosperity. Izmir is prominent for its unique culture, tourism, high job ratio and healthy lifestyle. The number of relatively large-scale investment projects throughout the city is increasing day by day. That’s why you should invest in real estate in Izmir.
Do you want to know the reasons to invest in property in Izmir? Read on to the end.
1: The tourism industry is developing day by day in Izmir
Why do people ove to Izmir? Izmir has strong potential in terms of tourism with its historical and cultural values. Almost no other factor can guarantee the future of your investment through the purchase of real estate, such as the possibility of high growth in the field of tourism and attracting people. That’s why it is seen as one of the main centers of tourism in Turkey. The tourism industry in Turkey is considered a source of employment that has grown significantly in the last decades.
Izmir is always growing and developing with the increase of its tourism potential, and in this regard, many continuous renewals have taken place in different neighborhoods of Izmir, such as Bornova.
Another effective factor in increasing the willingness of foreign investors to buy property for sale in Izmir turkey is the development of the city and the increase of construction projects in Izmir.
2: Izmir has an advanced transportation system
If you are looking for a suitable and advanced transportation system in Turkish cities, Izmir offers you this opportunity. Due to the advanced road network that stretches throughout the city of Izmir, traveling around the city and traveling from one part to another is very simple and convenient. Izmir’s transportation system is very diverse, including buses, minibuses, metro and ferries.
Using the transportation system in Izmir is very straightforward and convenient and it is enough to have only one Izmirim card so that by charging this card as much as you want, you can use public transportation as much as you can afford. Due to this advanced system and the great popularity of Izmir, properties are sold quickly and you should buy your favorite property as soon as possible.
3: Enjoy the unique and golden beaches in Izmir
Izmir is located in the western part of the country and has a magnificent coast on the Aegean Sea. With so many private and unique beaches in the city, Izmir’s beaches are a great place to spend your vacation. In addition, you can enjoy a variety of beach entertainment in Izmir. Enjoying life in Izmir is very simple!
In the evenings, you can also enjoy the pleasant atmosphere of the cafes on the beach.
4: Security in the city of Izmir is very high
Another reason to buy property in Izmir is the high security of the city. Although Izmir is the third most populous city in Turkey, the crime rate is still very low. The increasing number of tourists and many trips to Izmir all indicate the high security of the city and its popularity among the people. The high security of this city alone is considered one of the most important reasons to invest in property in Izmir.
The crime rate in this city is very low and local residents and tourists can easily enjoy the sights and beaches. Drug use, corruption and greed are at their lowest, and security and freedom to enjoy nightlife and healthy entertainment in Izmir are at an all-time high.
5: The level of education in Izmir is always on the rise
The level of education in each city is considered one of the influential factors in choosing the best place to live. Is buying a property in Izmir a good investment? Of course, it is! Because after investing in Izmir, you will be relieved about your children’s future. Why? Because they will receive a high level of advanced education and training. There are four prominent Turkish universities and one technical college in Izmir. All this shows that the young population is dominant in the city and the number of young and strong workforce is high.
6: The variety of choices to buy property in Izmir is high
The latest and most advanced technologies have been used in real estate construction projects in Izmir. This is a compelling reason that shows why you should invest in real estate in Izmir. The process of buying property in Izmir is very simple for foreign investors. As buying apartments for sale in Izmir Turkey is much cheaper and more cost-effective for foreigners, foreign investors from all over the world and even Europe are more attracted to this kind of investment.
To buy an apartment or villa in Izmir, it is better to consult with a professional real estate consultant to help you choose the best and most suitable property according to your budget. Our consultants in AlKhail Complex are ready to help you in this direction.
7: The cost of living in Izmir is very affordable
Maybe you are also worried about whether you will be able to afford living expenses in Izmir and you keep asking yourself”How much does it cost to live in Izmir?“ Although Izmir is the third-largest city in Turkey, it is still a very cheap city compared to Istanbul. For this reason, Izmir is considered a popular and excellent destination for retirees and immigrants. In addition, living in this city is very affordable compared to many European cities. This is another perfect reason to invest in property in Izmir.
Food, health care, water and electricity are cheap in Izmir and this makes it easier to buy and maintain the property in Izmir.
8: Foreigners can obtain Turkish citizenship via buying a property in Izmir
For those who are looking to obtain Turkish citizenship, one of the best ways is to invest and buy property in Turkey. Buying villas in Izmir Turkey is also one of the best ways to earn passive income by renting a property.
As an investor, all you need to do is buy a property worth $ 40,000 in a Turkish city. Then you can easily obtain Turkish permanent residence. Due to the many opportunities in the city of Izmir in Turkey, this city has become one of the most popular cities among Turkish cities for investing and buying property. Our expert consultants in Alkhail will guide you professionally in this field. Just keep in touch!
9: Finding a Job in Izmir Is Easy!
Starting a business or finding a job in Izmir is very convenient and easy. Because Izmir local economy is divided into four main parts. The industrial sector accounts for about 30.5 percent of the region’s overall economy, followed by trade and related services, which account for about 22.9 percent of the city’s overall economy.
Transportation and communication with a rate of 13.5% take place in the economic structure and finally, agriculture contributes to the local economy with 7.8%in fourth place. So do not worry at all, because you will easily find your place in this economy.
10: Izmir has a vibrant and advanced economy
The country’s economy has been gradually improving during the last years. Turkey has paved the way for economic development in its country by increasing industrial production for export as well as attracting foreign investors by buying property. In this regard, employment and income have increased in the country. Izmir is one of the cities that has benefited a lot from this economic program and its conditions are getting better day by day. So if you are looking to buy a property and invest in Izmir, apply now!
11: Advanced infrastructure and technology in Izmir
Turkey has experienced a boom when it comes to fundamental infrastructures such as transportation, communications, and technical infrastructure. Therefore, Turkish cities, especially Izmir, have become one of valuable attractions for foreign investors and property buyers.
Do not miss this opportunity and buy a property in Izmir right now!
12: Izmir has an ideal geographical location
Turkey and especially the city of Izmir adopted various business connections connecting the East and the West due to its location. Turkey’s strategic location between Asia and Europe has long made it a perfect destination for investment.
13: Plenty of recreational and tourist places in Izmir
One of the most important reasons to buy property in Izmir is the existence of many recreational and tourist places in Izmir. Azure coasts, natural mountainous landscapes, and rich history have caused the tourism industry to grow and the number of visitors visiting Turkey is n always on the rise.
The city of Izmir has something to offer for every taste. It doesn’t matter if you are an enthusiastic teenager looking for new experiences or you have passed your youth and are looking for peace and security in a family environment. In any case, you will find many things to do and top spots to visit in Izmir.
In this part of the article, I intend to tell you the reasons why it is profitable to buy property in Izmir.
Why investing and buying property in Izmir is profitable?
There are definitely many reasons for you to think about buying a property in the beautiful city of Izmir. Although the number of these reasons may be numerous, I will only review several main reasons that encourage you to invest and buy property in Izmir.
- The city of Izmir is very advanced in the field of international trade and currently more than 2000 foreign companies are working in this city. Do not forget that this number is also increasing.
- In this large port city, there are 4 main berths and 12 sub berths, and all exports and imports are done from these berths.
- What do you think is the volume of foreign trade in this city? Izmir has one of the strongest foreign economies among Turkish cities, and its income from foreign trade is around 17 billion.
- The population of Izmir is about 4 million people, of which 45% are young professionals under the age of 30. This statistic shows the growth rate and potential of this city for growth.
All these reasons and thousands of other reasons all show that investing through buying a property in Izmir can be very beneficial for you. In this article, you are acquainted with 13 reasons to invest in Izmir. Don’t miss this opportunity.
Why you should invest in real estate in Turkey!
Real estate investments to be made in Izmir offer a very different investment opportunity compared to other Turkish cities. Izmir is the first and best candidate for real estate investment in Turkey. The reasons mentioned in this article are among the best reasons to buy property in Izmir.
If you want to enter the real estate business in Turkey, it is better to contact our consultants at Alkhail and get useful information about the process of investing and buying property in Izmir.
Now that you choose Izmir for investing, the next step is to find your dream house there; a process through which our team at alkhailtr.com can guide you gradually. Contact us right now and get a free consultation. With 24/7 customer service, you will get the support you need whenever you have questions.
