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Found 26 object(s)

Mahal Kartepe
Mahal Kartepe
Izmit, Turkey
From 771$ / m2
ID: 17014
Esil Kartepe
Esil Kartepe
Izmit, Turkey
From 794$ / m2
ID: 16922 | 6 floors
Effect Kartepe
Effect Kartepe
Izmit, Turkey
From 947$ / m2
ID: 16920 | 3 floors
Univa Kocaeli
Univa Kocaeli
Izmit, Turkey
From 700$ / m2
ID: 6335 | 6 floors
Innovia Terrace Evleri
Innovia Terrace Evleri
Izmit, Turkey
From 500$ / m2
ID: 6332 | 3 floors
Gavize Park
Gavize Park
Izmit, Turkey
From 550$ / m2
ID: 6239 | 9 floors
Orka Life
Orka Life
Izmit, Turkey
From 345$ / m2
ID: 6194 | 4 floors
Orka Life 2
Orka Life 2
Izmit, Turkey
From 600$ / m2
ID: 6193 | 4 floors
Yonca Sitesi Gebze
Yonca Sitesi Gebze
Izmit, Turkey
From 555$ / m2
ID: 5624 | 5 floors
Hursoy Busidence
Hursoy Busidence
Izmit, Turkey
From 430$ / m2
ID: 5586 | 3 floors
Star Hill İzmit
Star Hill İzmit
Izmit, Turkey
From 480$ / m2
ID: 5584 | 10 floors
Meydan Life Kartepe
Meydan Life Kartepe
Izmit, Turkey
From 480$ / m2
ID: 5583 | 4 floors
Eksioglu İzmit Kardelen Evleri
Eksioglu İzmit Kardelen Evleri
Izmit, Turkey
From 250$ / m2
ID: 5564 | 5 floors
Metropolitan Grey Effect
Metropolitan Grey Effect
Izmit, Turkey
From 600$ / m2
ID: 5457 | 4 floors
Zeray Perla
Zeray Perla
Izmit, Turkey
From 769$ / m2
ID: 5288 | 7 floors | Townhouse
Asrin Saraylari 2
Asrin Saraylari 2
Izmit, Turkey
From 450$ / m2 Sold
ID: 5286 | 5 floors
Zeray Koru park
Zeray Koru park
Izmit, Turkey
From 762$ / m2 Sold
ID: 5220 | 6 floors
Forum Anatolia
Forum Anatolia
Izmit, Turkey
From 670$ / m2
ID: 5214 | 4 floors
Zeray Gunesi
Zeray Gunesi
Izmit, Turkey
From 484$ / m2
ID: 5213 | 6 floors
Gundogdu Yasam Kent
Gundogdu Yasam Kent
Izmit, Turkey
From 300$ / m2
ID: 5189 | 4 floors
Cayir Park
Cayir Park
Izmit, Turkey
From 300$ / m2
ID: 5188 | 9 floors
Gungoren Evler 3 Etap
Gungoren Evler 3 Etap
Izmit, Turkey
From 400$ / m2
ID: 5183 | 5 floors
Gungoren Evler 2 Etap
Gungoren Evler 2 Etap
Izmit, Turkey
From 360$ / m2
ID: 5181 | 5 floors
Gungoren Evler 1 Etap
Gungoren Evler 1 Etap
Izmit, Turkey
From 400$ / m2
ID: 5179 | 5 floors
Batipark Kurucesme
Batipark Kurucesme
Izmit, Turkey
From 400$ / m2
ID: 5176 | 6 floors
FOLKART INCITY
FOLKART INCITY
Izmit, Turkey
From 1430$ / m2
ID: 4759 | 28 floors

New builds in Izmit

Location and climate

Izmit is the administrative center of the Kocaeli province of the Marmara region of Turkey, located on the coast of the Sea of Marmara, near Istanbul.

The climate is humid subtropical (according to Köppen's classification), summers are dry and hot (+30°C), winters are cool and humid, the temperature does not drop below -4°C, precipitation in the form of snow is short-lived.

Buying an apartment in the new builds in Izmit becomes profitable

Izmit is a highly developed industrial city in Turkey. Here the production of Ford vehicles (Izmit is the only manufacturer of Ford Transit vans in Europe), Chrysler, Hyundai, Honda and Isuzu has been established; rubber products, tires (Goodyear, Lassa, Pirelli, Bridgestone) are produced according to world standards as well.

Izmit also has a shipyard with well-known brands:

  • Tupras (oil refining),
  • Borusan Mannesmann (pipes),
  • Kordsa (reinforcing materials),
  • Arcelik (home appliances and electronics),
  • Seka Kagit Fabrikasi (paper),
  • Brisa (all types of knives: hunting, tourist, kitchen, etc.),
  • Petkim (pet care products),
  • Marshall (acoustics),
  • DYO (paints and varnishes), etc.

Kocaeli University teaches in technical and engineering disciplines, it also offers programs in arts and social sciences.

The investment potential of the city is significant and has not yet been fully realized. The growing influx of foreign specialists and students to the city stimulates the demand for Izmit real estate in the new builds for sale. The interest in residential complexes with a small number of apartments is increasing (some people strive to avoid contact with those living nearby).

Residential complexes in Izmit are actively purchased even at the stage of construction start by Turkish citizens thanks to the program of providing mortgage loans at low rates.

The sale of apartments from developers is carried out in compliance with the legislation, and the quality of the objects corresponds to Turkish building standards, which is confirmed by customer reviews, the price of apartments in new homes for sale is still low, and the infrastructure is within walking distance. It is advisable to insure housing due to the seismicity of the area.

According to the information provided by the real estate search engine GEOLN.COM, the minimum price per square meter of space in a new home from a developer in Izmit (apartment handed over in black frame condition) is 250 USD.

Sights

  • As a tourist destination, Izmit is still underdeveloped, but there is something to see:
  • Seka Park, a beautiful promenade with bike Paths and recreational areas;
  • Museums: naval, ethnographic, paper;
  • Clock tower (1901);
  • The Palace-Museum of Qasr-i Humayun;
  • Pink rocks.

Conditions for buying apartments from the developers in Izmit by foreigners

The sale of apartments to foreigners is prohibited in military zones and regions considered strategic. These zones are determined by the Ministry of Defense of the Republic of Turkey. Foreign investors can buy apartments from the developers in Izmit on the same terms as citizens of the country.

Purchasing an apartment in a new development in Izmit is an investment with the prospect of obtaining a stable rental income in an industrialized city.

Prices per sq. m. in popular districts of Izmit

DistrictPrice from
Kabaoglu 700$ / m2
Kocatepe 480$ / m2
Pasadag 600$ / m2
Yenisehir District 400$ / m2
Yesilyurt 360$ / m2
How useful was this information:
Average rating: 4.10. Votes: 343

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