İzmir

The feel

Turkey's third city and the Aegean's economic anchor — a relaxed, secular seafront metropolis (the Kordon) with weekend access to Çeşme and Alaçatı. City amenities and coastline together.

Key metrics

≈4.5M
Population
TÜİK · 2024
381 homes
Foreign home sales (2024)
TÜİK via BuyHome.tr · 2024
≈$1,150/m²
Avg price / m²
Global Property Guide · early 2025
~4–6%
Indicative gross yield
agency estimate · 2025

Real-estate market

Nominal+31.6%Real-1%

TCMB/GPG (national)

A strong 'live-and-let' option: lower entry prices mean the USD 400,000 threshold can be met with quality stock in desirable bay-side districts, backed by year-round tenant demand.

Economy

Key industries

Port & tradeManufacturingAgricultureTechnology

Airport & connectivity

Adnan Menderes (ADB)

Map & properties

Compare the five cities

CityForeign home sales (2024)Avg price / m²Real
Antalya8,223 homes▼ −1.0%
Bodrum365 homes (Muğla)≈$2,825/m²▼ −1.0%
Bursa528 homes▼ −1.0%
Istanbul8,416 homes▼ −1.0%
İzmir381 homes≈$1,150/m²▼ −1.0%

Properties in İzmir

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FAQ

Why choose İzmir over Antalya or Bodrum?
İzmir offers more year-round, city-driven rental demand and a lower cost of living, where Antalya and Bodrum are more seasonal.
Are there foreign-ownership restrictions in İzmir?
Most areas are open to foreign buyers, but some zones are restricted; every title is checked for eligibility.

General information, not investment or legal advice; verify independently. Source: TÜİK, TCMB, Global Property Guide.