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Turkey's Izmir Sees Surge in Foreign Real Estate Investments

Turkey's Izmir Sees Surge in Foreign Real Estate Investments

BY Realty+
Published - Wednesday, 19 Feb, 2025
Turkey's Izmir Sees Surge in Foreign Real Estate Investments

Over the last couple of years, Turkey has become a real estate hot spot for foreigners, and Izmir and the seafront location of Cesme have come into the limelight. The appealing climate, beautiful natural landscapes, rich cultural heritage, and an attractive Citizenship by Investment program make Turkey alluring for European and elsewhere buyers.

Izmir, the Pearl of the Aegean, blends modern comfort with nature. As Turkey's third-largest city, it offers a laid-back, cosmopolitan lifestyle with a vibrant cultural scene, excellent infrastructure, and easy access to beautiful beaches. It's an inviting place for those seeking a high quality of life.

Cesme, just a short drive from Izmir, is a coastal gem. Known for its clear waters, charming villages, and luxury resorts, it offers a peaceful yet upscale retreat. Cesme's serene vibe and stunning beauty are popular with European holiday homebuyers, and it is a sought-after destination.

The Citizenship by Investment program in Turkey fuels the real estate boom. Foreign investors get Turkish citizenship, allowing them to travel visa-free to many countries and reside in Turkey in exchange for investing in property worth at least $400,000

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