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Property Prices in Izmir2026

Current price data for Izmir — price per m², average transaction prices, rental yield and market trend. Verified by Merilista.

MERI 7.7 — High investment potential in Izmir

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Entry price

€80,000

Lowest market entry

Average price

€185,000

Typical transaction

Price per m²

€1,200–€4,500

Current range

Rental yield

5–8%

Gross annual yield

MERI score

7.7

Investment rating

Price trend

+29%

Strong growth

Izmir price analysis 2026

Izmir property prices have shown strong growth of +29% over the past year. Entry-level properties start from €80,000, with average transactions around €185,000. Price per square metre ranges from €1,200–€4,500, depending on area, building quality and proximity to key amenities.

Rental yields of 5–8% place Izmir among the highest-yielding markets in the region. The MERI score of 7.7 reflects solid overall investment fundamentals.

Investment context

Izmir records national-average nominal growth (+29%) but benefits from a diversified economy less dependent on tourism than coastal resort towns. The professional and student rental market provides stable year-round demand. Alacati and Cesme premium properties are driven by domestic Turkish elite demand and have limited foreign buyer penetration — offering potential upside for early international investors. Note: nominal growth must be viewed against Turkey's inflation context.

MERI 7.7 — High investment potential in Izmir

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property in İzmir·buying guide for İzmir
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Market data on Merilista is sourced from official public sources (Eurostat, INE, Dubai Land Department, CBRT) and is for informational purposes only. MERI scores are comparative indicators — not financial advice. Always conduct independent due diligence before making investment decisions. Disclaimer