Exploring Izmit’s Real Estate Boom: Top Properties and Investment Benefits

Moazzam

Located only 100 kilometers from the bustling metropolis of Istanbul, the Turkish city of Izmit provides a serene alternative for those seeking a quieter lifestyle. If you work in Istanbul but yearn for a more peaceful residence, consider investing in an apartment in Izmit! This picturesque city also represents a valuable real estate opportunity. Discover a diverse selection of apartments in some of Izmit’s most contemporary residential complexes.

Why Invest in Properties in Izmit?

Izmit, located on the Marmara Sea coast about 100 kilometers east of Istanbul, presents substantial property investment advantages. Its strategic location between Istanbul and Ankara boosts its role as a critical transportation hub and as the capital of Kocaeli Province. With a population of 367,000 as of 2023, Izmit’s growing significance is clear.

Here are compelling reasons why investing in Izmit’s real estate presents a remarkable opportunity:

  • Economic growth: Izmit is a major industrial hub, with numerous factories driving significant economic development. This vibrant industrial environment creates many job opportunities, promotes rapid growth, and attracts more residents and businesses.
  • Excellent transportation: The city has a well-developed transportation network, including modern roads and railways. Its proximity to the E80 highway ensures excellent connectivity for easy travel to major cities and regions.
  • Educational opportunities: Izmit hosts a variety of prestigious schools and universities, making it an appealing choice for families seeking high-quality education for their children.
  • Historical significance: Dating back to 264 BC as Nicomedia, Izmit boasts a rich historical legacy with numerous monuments, museums, and archaeological sites, including ancient Roman ruins and a notable aqueduct showcasing its Byzantine and Ottoman heritage.
  • Affordable real estate: Property prices in Izmit are more accessible compared to Istanbul, offering a unique chance to acquire upscale apartments at competitive rates. This affordability, coupled with the city’s growth potential, makes it a compelling choice for investors.

Izmit’s natural beauty, with its scenic mountains, forests, and beaches, adds to its appeal. As a popular tourist destination, investing in Izmit’s real estate is both wise and potentially profitable. If you want to look beyond Izmit, however, there are many investment opportunities in Turkey that you can find here.

Residences at Horizon Park 2

Horizon Park 2 covers 3,515 square meters with two low-rise buildings, each containing 26 upscale residences. Featuring 3+1 and 4+1 layouts, it is perfect for families seeking stylish, spacious homes and is an excellent choice for those looking to secure Turkish residency through real estate investment.

Here’s an overview of the Horizon Park 2 project:

  • Project type: Residential apartments
  • Location: Izmit, Kocaeli
  • Apartment sizes: Ranging from 142 to 265 square meters
  • Project completion status: 58%

Residents of Horizon Park 2 will enjoy a variety of amenities, including:

  • Indoor swimming pool
  • Turkish bath (Hamam)
  • Fitness gym
  • Garden
  • Playground
  • Walking path
  • Parking area

The project boasts advanced technical features, such as:

  • Satellite television
  • Natural gas supply
  • Backup generator
  • Hot water system
  • 24/7 maintenance services
  • 24/7 video surveillance
  • Fire extinguishing systems

For added safety, each apartment is equipped with smoke and fire detectors.

Horizon Park 2 Apartments: Features

  • Layout: 3+1
    • Starting Price: USD 180,000
    • Maximum Price: USD 341,000
    • Minimum Area: 142 sqm
    • Maximum Area: 216 sqm
    • Number of Bathrooms: 2
  • Layout: 4+1
    • Starting Price: USD 265,000
    • Maximum Price: USD 459,000
    • Minimum Area: 199 sqm
    • Maximum Area: 265 sqm
    • Number of Bathrooms: 2

Zenith Residences: An Overview

Located in the vibrant center of Izmit, Zenith Residences is a seven-story residential development that spans 4,903 square meters and offers 118 well-designed apartments in various sizes.

Project Overview:

  • Type: Residential apartments
  • Location: İzmit, Kocaeli
  • Apartment size: Ranges from 82 to 226 square meters
  • Completion: 75%

Proximity to Key Locations:

  • Beach: 15 minutes away
  • Izmit Downtown: 15 minutes away
  • Airport: 22 minutes away

Facilities and Amenities at Zenith Residences:

  • Indoor swimming pool
  • Fitness center
  • Hamam (Turkish bath) and sauna
  • Sports courts
  • Walking paths

Zenith Residences is conveniently located near various amenities such as bars, dining, entertainment venues, and supermarkets. It is also a short drive from Lake Sapanca and the Kartepe Ski Center, making it an ideal choice for those who appreciate both urban conveniences and natural attractions.

Zenith Residences Apartments: Features

  • 1+1 Layout
  • Price: Ranges from USD 106,000 to USD 175,000
  • Area: Ranges from 82 sqm to 87 sqm
  • Number of Bathrooms: 1
  • 2+1 Layout
    • Price: Ranges from USD 148,000 to USD 324,000
    • Area: Ranges from 111 sqm to 181 sqm
    • Number of Bathrooms: 2
  • 3+1 Layout
  • Price: Ranges from USD 330,000 to USD 430,000
  • Area: 226 sqm
  • Number of Bathrooms: 2

Sapphire Heights 1 Residential Complex: Overview

Sapphire Heights 1 is a contemporary residential development spanning 10,522 square meters. The complex features 196 apartments in a range of configurations, from compact 1+1 units to expansive 4.5+1 layouts.

Sapphire Heights 1: project summary

  • Type: Residential Apartments
  • Location: İzmit, Kocaeli
  • Apartment dimensions: 74 to 240 square meters
  • Completion: 52%

Proximity to significant locations:

  • Beach: 17 minutes
  • Downtown: 15 minutes
  • Airport: 22 minutes

Amenities at Sapphire Heights 1:

  • Indoor pools
  • Fitness center
  • Children’s play areas
  • Event spaces
  • Cafés and eateries
  • Parking facilities
  • Hamam and sauna

Technical features of Sapphire Heights 1:

  • Cable television
  • Natural gas
  • Backup generator
  • 24/7 maintenance
  • Fire protection systems
  • Surveillance cameras

Sapphire Heights 1 offers a secure and comfortable living experience with continuous security and modern amenities.

Sapphire Heights 1 Apartments: Features

  • 1+1 Standard layout
  • Price: Ranges from USD 91,000 to USD 145,000
  • Area: Ranges from 74 sqm to 80 sqm
  • Number of bathrooms: 1
  • 2+1 Duplex with garden and two-level terrace
  • Price: Ranges from USD 126,000 to USD 244,000
  • Area: Ranges from 104 sqm to 181 sqm
  • Number of bathrooms: 2
  • 3+1 Duplex with garden and two-level terrace
  • Price: Ranges from USD 255,000 to USD 349,000
  • Area: Ranges from 217 sqm to 231 sqm
  • Number of bathrooms: 2
  • 4.5+1 Duplex with garden
  • Price: Ranges from USD 379,000 to USD 474,000
  • Area: 240 sqm
  • Number of bathrooms: 2

Conclusion

Izmit presents a promising real estate investment opportunity due to its strategic location, economic growth, excellent transportation links, and affordable property prices. The city’s rich historical background and natural beauty further enhance its appeal. Developments like Horizon Park 2, Zenith Residences, and Sapphire Heights 1 showcase the diverse options available for investors, each offering unique features and amenities. Investing in Izmit not only promises financial returns but also provides a chance to enjoy a blend of modern urban living and natural beauty.

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