General information İzmir

Some advantages:

• The most modern city of Turkey
• Population of +4 Million
• Less traffic than Istanbul
• Lower cost of living
• More than 4 city centers with plenty of facilities
• 1 Hour drive to Coastal paradise Çeşme
• Lots of Nature and Parks
• Industry / Import-Export

History
İzmir is a city on Turkey’s Aegean coast. Known as Smyrna in the past, it was founded by the Greeks, taken over by the Romans and rebuilt by Alexander the Great before becoming part of the Ottoman Empire in the 15th century. The history of Izmir goes back 8.500 years, and 32 civilizations settled here in the past because of fertile land, favorable climate and a 629 km coastline. Izmir has its position as an economically and socially dynamic city and the fact that it has been a home to many different cultures and religions. Persians, Ancient Greeks, Assyrians, Romans, Byzantines and Ottomans are just a few of the dozens different civilizations that the city has hosted throughout its long history.

İzmir today
İzmir is called ‘’The pearl of the Aegean and is the third largest city in Turkey. The city of İzmir is composed several metropolitan districts. The district of Konak corresponds to historical Izmir. With the formation of the ‘’Greater Izmir Metropolitan Municipality’’ the city grouped its ten urban districts: Balçova, Bayraklı, Bornova, Buca, Çiğli, Gaziemir, Karabağlar, Karşıyaka, Konak, Narlıdere. The fact that almost half of its population of 4 million are under the age of 30, makes Izmir a city full of life. The city hosts tens of thousands university students, scientists, academics, and business leaders. Because of the perfect climate, Izmir has a wonderful natural environment for agriculture products like olives, figs, grapes and cotton. Various sea food, wines, local herbs, olive oil and the delicious cuisine make İzmir also an interesting city for gourmets. The city is attracting investors through its strategic location and its new and highly developed technological infrastructure in transportation, telecommunications and energy. The province as a whole is Turkey’s third largest exporter after Istanbul and Bursa. Turkish exports are made with an yearly container loading close to a million through the Port of Alsancak. This together with all the international trade fairs makes Izmir a very interesting city for business.

Where is İzmir?
İzmir is located at the Aegean coast at about 1 hour distance from seaside resort Çeşme. İzmir is served by national and international flights through the Adnan Menderes International Airport. Izmir has an extensive bus system, a metro and rail system plus a large urban ferry network. The rapid transit metro line running from the southwest to the northeast of the city is very convenient. The city also has a highway to Çeşme, Güzelbahçe, Urla as well as a ring around the city.

Why Invest in İzmir?

Apartments for sale in İzmir are in high demand because of the following reasons:

Capital gain of real estate in İzmir
According to multiple researches, İzmir is providing investors the highest capital gains on properties in Turkey. Yearly value increases from 5% to 10% quoted in Dollars are quite normal in this region.

Modern Lifestyle
İzmir has the youngest population of whole Turkey, its universities and multicultural composition makes İzmir the most modern and vibrant city.

Amazing climate
More than 300 days of sunny weather. Because of the comfortable breeze in Çeşme, this area is not too hot in the summer months, which is more tolerable in comparison with much hotter regions of Turkey.

Strategic location
At the intersection point of Europe, Central Asia, and the Middle East, İzmir is the western gate of Turkey with many logistic opportunities. With its 15 ports for different cargo types İzmir is a Port City that provides investors a logistic advantage.

Ideal for families
İzmir has a much lower crime rate than İstanbul, furthermore the city İzmir is less hectic in comparison with İstanbul.

Healthcare in İzmir
In case of an emergency or an operation, the easy to reach (low traffic) general/public hospitals provide free and partially paid services. The 3 biggest private hospitals provide state of the art healthcare for reasonable fees.

Food in İzmir
İzmir is a city known for both olive oil dishes and fresh seafood. Especially in the coastal areas, you can find tables dominated by appetizers prepared with Aegean herbs and fishes from the sea, freshly caught in the morning.

Cost of Living in İzmir
The cost of Living in İzmir is much lower in comparison with İstanbul.