Real Estate Prices in İzmir – 2025 Market Report and Investment Outlook

Real Estate Prices in İzmir , Explore current real estate prices in İzmir, Turkey, by district, with 2025 data. Discover where to invest, property trends, and market insights.

Real Estate Prices in İzmir –   Real Estate Market in 2025

In 2025, İzmir remains one of Turkey’s most vibrant real estate markets, driven by rapid urbanization, infrastructure upgrades, and a growing demand for coastal and lifestyle-oriented housing.

Average Price Per Square Meter

    The average residential price in İzmir is approximately ₺20,580 per m², marking a 141% increase year-over-year.

    Compared to national averages, İzmir is one of the most rapidly appreciating cities in Turkey.

This dramatic surge is attributed to:

        Increased construction costs

         Limited new supply in high-demand zones

        High demand from domestic and foreign investors

Real Estate Prices in İzmir – Why Are Prices Rising So Fast?

     Increased Demand:
      Especially in coastal and central areas like Alsancak and Karşıyaka.

      Urban Redevelopment Projects:
       Bayraklı and Gaziemir are undergoing major transformation.

      Lifestyle Migration:
       People from Istanbul and Ankara are moving to İzmir for a slower, high-quality coastal life.

       Foreign Investment & Citizenship Programs:
       Turkish citizenship by investment continues to attract international buyers.

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Real Estate Prices in İzmir – What Type of Property is Most Affected?

Apartments (1+1 and 2+1):
Preferred by first-time buyers and investors. High demand in Bornova and Buca due to student populations.

Villas and Detached Houses:
Especially in Urla, Seferihisar, and Çeşme. Prices have more than doubled in 3 years.

Commercial Properties:
Bayraklı and Alsancak see rising demand for office and retail space.

Real Estate Prices in İzmir – Forecast: What’s Next for 2025–2026?

Price Stabilization in Mid-2025:
Experts anticipate price growth to plateau due to higher interest rates.

Continued Demand in Coastal Districts:
Especially among retirees and digital nomads.

Rising Rental Yields:
Due to tourism and short-term rentals.