Real Estate in Izmir, Turkey

Last updated on Apr 20, 2023

Summary: The average cost of a nice 2 bedroom home in Izmir, Turkey is around $150,000 USD. These properties typically include modern amenities such as air conditioning, central heating, and a balcony. A nice 3 bedroom home in Izmir will cost around $200,000 USD. These properties typically include modern amenities such as air conditioning, central heating, and a balcony. Foreigners are allowed to purchase property in Izmir, however, they must obtain permission from the Ministry of Environment and Urbanization. An expat should search for a home to buy in Izmir by researching the local real estate market, visiting the area, and speaking with local real estate agents. The most desirable neighborhoods in Izmir include Konak, Bornova, and Buca. These areas are known for their vibrant culture, excellent restaurants, and beautiful scenery.

How do I find a place to live in Izmir?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in Izmir is to use online resources such as websites and social media. You can search for rental listings on websites such as Zingat, Sahibinden, and Emlakjet. Additionally, you can join local Facebook groups or search for rental listings on Twitter. You can also contact local real estate agents who can help you find a place to live in Izmir. Additionally, you can ask friends and family who live in Izmir for recommendations," said one person in Izmir.

"I recently married a lovely Turkish man and he already has his own home in a very nice neighborhood of Karsiyaka. It's a 10 min. walk to the seaside and parks and there are ample corner markets, bakeries, pharmacies and grocery stores nearby. The post office isn't far away either, so we are in a good location," remarked one foreigner who made the move to Izmir.

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About the Author

Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.