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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

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