Property for sale in Kocaeli: apartment in Izmit, house on the gulf
Kocaeli, with the city of Izmit, is the industrial province east of Istanbul, with a coast on the Gulf of Izmit, a motorway and a railway into the metropolis. Property for sale in Kocaeli means everyday life, work and rentals, with Istanbul and Lake Sapanca within reach.
Working day in Izmit: simit and tea in the morning on the way to work, at the weekend half an hour to Lake Sapanca or in winter up Kartepe to ski. In the evening you sit on the balcony, the Gulf of Izmit below, and the tenant of your second apartment pays on time.
Kocaeli at a glance
The province lies between Istanbul and Sapanca, with a coast on the Marmara Sea. You reach Istanbul by motorway or train, and Istanbul (IST) and Sabiha Gökçen (SAW) airports are both within reach.
This is where things are made. Factories, port, university, plus residential districts where the people who work there live. It is not a holiday place, and that is exactly what makes the market interesting for renting: demand comes from working people, all year round.
- Airport
- Istanbul Airport (IST) and Sabiha Gökçen Airport (SAW)
Who Kocaeli suits
- Professionals with a job in the region
- Investors with long-term rentals
- Buyers of Turkish heritage with family in Izmit
Property for sale in Kocaeli: apartment, house or plot
Buying an apartment in Kocaeli
Existing apartments and new builds, often in complexes on the edge of Izmit and Gebze.
Buying a house or villa
You find houses in the surrounding area towards Kartepe and Sapanca.
Buying a plot
Plots are available in the surrounding area, and we check development rights and the earthquake zone.
By the sea, with a sea view or an affordable start
There is a sea view on the Gulf of Izmit, but Kocaeli is not a place for a villa with a pool right on the beach. What you find here are new complexes with a pool and security, where you start affordably and rent to working people. Houses with a garden stand on the green slopes towards Kartepe. If you want a beach, go to the south coast. If you want yield and closeness to Istanbul, you are in the right place here.
What speaks for Kocaeli
- Strong economy, tenants all year round
- Close to Istanbul and Sapanca
- Cheaper than Istanbul
What we check in Kocaeli before you buy
- Industry shapes the cityscape
- Earthquake zone, we check the structural safety
What does it cost in Kocaeli?
No price list, but specific properties. Tell us your budget and we will tell you what you get for it in Kocaeli.
Share your budget, get an answerWhat we do for you in Kocaeli
In Kocaeli we coordinate with our network on the ground. We listen, search, have the property viewed and tell you honestly what we think of it. We check the Tapu (title deed), the building permit and the Iskan (occupancy permit), calculate the additional costs for you, and someone is with you at the notary and the land registry office. Advice costs nothing.
What buying in Kocaeli costs
Expect around 4 to 5 percent on the purchase price: Tapu fee, valuation report, DASK (compulsory earthquake insurance). We calculate the exact sum for your property. Everything is in the additional costs guide, and the process in the buying process guide.
Kocaeli: short answers
Is Kocaeli a holiday destination?
No, Kocaeli is a working and living region. In return, demand for rental apartments is stable, because factories and the university bring people to the region all year round.
Is Kocaeli worth it for renting out?
For long-term rentals, yes. Professionals and students look all year round, and purchase prices are below Istanbul. Short-term holiday lets to tourists are not a topic here.
What do I need to watch out for when buying?
The region lies in an earthquake zone, so we check the year of construction and structural safety before every viewing. DASK insurance is compulsory, the Tapu fee is 4 percent, and additional costs in total are roughly 4 to 5 percent.