Izmir is one of Turkey’s most significant and historically important cities, regarded today as one of the most attractive regions for permanent living or buying Izmir property. Izmir is home to a stunning turquoise blue sea, beautiful golden sandy beaches, favorable year round climate, vibrant and warm welcoming people, a flourishing business and economic sector, and all your expected city amenities – the reasons for purchasing Izmir real estate are endless. Weather in Izmir Izmir experiences long, dry, bright summers and cold winters towards the end of the year, with an average of 300 sunny days each year. In the summer, a gentle wind from the coast keeps things cool, but in the harshest parts of winter, the temperature can drop to below freezing in the evening. The background of Izmir Izmir, the oldest city in Turkey, has a history that goes back at least 8,500 years. Over the course of history, at least 32 distinct civilizations have called Izmir home, including the Persians, Ancient Greeks, Assyrians, Romans, Byzantines, and Ottomans. These civilizations have all left a mark on the city, with Izmir’s modern real estate reflecting features of the past that date back into the rich culture of the region. Architects and designers are fusing old with new to create spectacular Izmir properties that borrow on authentic features. Izmir today Izmir today is widely regarded as one of the most economically rich cities of Turkey, growing significantly since the 1950s into a forward-thinking, developed city with a strong automotive, textile, food, and tourism industry – no Turkish city has grown faster in this period except for Istanbul. Izmir currently contributes 9.7% of the entire labor force of Turkey and produces 13.5% of Turkey’s Gross Domestic Product per annum. From Izmir apartments for sale to luxury real estate and properties, you’re spoilt for choice within a location infamous for it’s aesthetics and rich history. What is the population of Izmir?  Izmir’s young, dynamic population are fast becoming the country’s movers and shakers; with 16,000 new graduates each year, Izmir’s getting things done with almost half the population being under the age of 30. The whole region is a year round global center, working hard to promote its cultural, educational, health and tourism facilities. In particular health is a very big draw to the large numbers of expats moving here – there are almost 50 hospitals in the area. Izmir Airport connects Izmir to more than 40 cities around Europe and Middle East. Why invest in a rental property in Izmir? Izmir is the third-largest city in Turkey, and real estate there is ideal for both lifestyle buyers and investors. Izmir flats for sale start at 80,000 dollars, while villas cost 200,000 dollars. For those wishing to invest, Izmir’s robust tourist sector and strong rental potential for home owners now provide between 4 and 7 percent of annual income, depending on the quality of the residence, its closeness to the seaside, its amenities, and extras like pools and gardens. Izmir’s going places, Izmir property is on an upward trajectory and believe us – there’s never been a better time to get on board, contact us for offers and exclusive listings. As tourism in Turkey booms, and the real estate market in Turkey going only one way, property investors from all over the world are flocking to purchase buy-to-let homes with high rental income and high capital growth potentials. Izmir estate provides you with a carefully selected range of investment properties in Turkey. Listings below have been selected for their exceptional rental income and/or potential for steep value appreciation. These range from holiday homes that will generate handsome rental income to land development opportunities, viable hotel investments or below market value acquisitions. What’s so exciting about real estate investment in Turkey? In 2012, statistics show that more than 30 million tourists enjoyed luxury holidays in Turkey – a rise of more than 5 million over the last three years alone, ranking Turkey as the 6th most popular tourist destination in the world. If you add this to the fact that Turkey’s economy is growing at record rates of more than 8%pa in the last three years, second only to China in the last couple years, it is easy to see why so many investors are placing their trust in Turkey. What does this mean to the real estate market in Turkey? In 2012, the Turkish government relaxed laws, making it easier for a foreign national to invest in Turkish properties. This has seen a steady increase in overseas investors buying real estate in some of the top tourist destinations in order to capitalise on the tourism boom and the property market boom. Unlike most of Europe, the price of property is increasing year on year, on an average of 14.9% according to the Turkish Central Bank Real Estate Index 2012 April, the market is seen as a safe market for the long-term future. Add all these factors together, and you have a hot real estate market for investment. Property developers are so confident in the Turkish market that some properties come with a rental guarantee in place of up to 8% per annum. This can prove to be extremely fruitful for wealthy businessmen who purchase top of the range property in Turkey.  Buy to lets, particularly in hotspots such as Kalkan, Bodrum, Fethiye and Antalya are delivering in excess of 6%pa despite generous personal use in some of the peak rental periods. Many have already spotted the opportunity to build their nest-eggs in Turkey. Call izmir estate now to discuss your investment targets with our specialist real estate investment team. We always deliver facts and neutral guidance in order to help you invest in the right area at the right time.