Izmir boasts major projects and draws constant interest from investors, thanks to its geopolitical location, logistics means and proximity to raw materials.
Investors get a return on their investments thanks to this ever-increasing demand for Izmir, not only domestically but from the neighboring countries as well.
A 500,000-person living area is under construction with the “Yeni Kent Merkezi” (New City Center) project on the Alsancak-Bayraklı-Turan coastal strip of Izmir. The city is surely on its way to becoming the new center of attraction with superior residences, marinas, ports, entertainment and culture centers, parks, and coastal strips.
The city’s technological future also looks bright with the Industry 4.0 projects, drawing investors as it becomes the fastest-growing metropolis in Turkey and the world.
Izmir is one of the rare cities that can attract even people from Istanbul to relocate. This is remarkable, as Istanbul itself is the city that people move to from all other cities. Izmir is already a favorite amongst the Istanbulites, owing to its mild climate, calm way of life, new and growing business opportunities, and real estate investments.
Planned for completion by the end of 2018, the Izmir/Çeşme-Istanbul Highway Project will cut the seven-hour travel time to 3.5 hours, making the city the most valued living area for investors from Istanbul.
More direct flights are offered to many different destinations from the growing Izmir Adnan Menderes airport, which has become one of Turkey’s biggest and most comfortable airports. Also in the works is the Çeşme Airport, slated to open in 2019. Collectively these developments drum up interest from foreign tourists, especially Europeans.