Karmi - Alsancak - Kyrenia

Steeped in rich history, Edremit is a quaint town adorned with numerous historical sights such as the Tahtakuşlar Ethnography Museum, which anchors travelers to the ancient heritage of the area. The geographical location of Edremit, east of Balikesir, on the western coast of Turkey, enables it to overlook the exquisite Aegean Sea. This town which plays a pivotal role in the olive oil industry, is just adjacent to the majestic Kaz Dağları mountain, often known as Mount Ida. A perfect blend of cultural richness and resplendent natural surroundings makes Edremit an enticing location for luxury living.

The Exclusive Property Market in Edremit

Edremit's exclusive property market is currently strong and stable, despite varying global trends. The demand for luxury homes and apartments is in harmony with their supply, ensuring a dynamic, yet balanced market. The political and economic situation in Edremit is stable, further strengthening the confidence in the luxury real estate sector.

Things to Consider While Buying Luxury Property in Edremit

Buyers of luxury homes and apartments in Edremit should anticipate an average real estate commission. Besides, costs such as transfer tax, realtor commissions, notary fees, and possible construction inspection or legal costs should be accounted for. The transfer tax and wealth tax on private property varies and it is advisable to consult a local expert on the current rates. Depending upon the utility – main or second home – tax on the profit made from the sale of a privately-owned home may apply.

Mortgage and Financing in Edremit

Mortgage requirements in Edremit adhere to a balanced ratio between personal and foreign capital along with sound income proof. The maximum mortgage limit depends on individual income and the total value of the property.

Prime Residential Areas of Edremit

The most sought-after residential areas in Edremit are predominantly the beachfront properties offering stunning sea views and easy access to local amenities.

Accessibility and Infrastructure

Edremit is conveniently accessible via road and rail, connecting it to major cities in Turkey. The nearest big city is Istanbul, approximately 400 km away. Edremit is served by Balıkesir Koca Seyit Airport for national and international flights.

Quality Education in Edremit

Edremit boasts of excellent educational institutions such as Balıkesir University, Edremit Anatolian High School, and a host of primary and secondary schools.

Life in Edremit

Edremit, situated in the Balıkesir Province, is home to a population of approximately 34,000. The town's natural beauty astounds with the Kazdağı National Park, beautiful olive groves and serene beaches. Sporting activities range from trekking, mountain biking to sailing. Luxury lifestyle shops, high-end restaurants, exclusive entertainment venues and a few popular casinos accentuate the upscale life in Edremit. Famous annual events include the Olive Culture and Art Days, which celebrate the town's rich tradition in olive production. World-class art and culture are celebrated in the Balıkesir Museum and Tahtakuşlar Ethnography Museum. For residents' wellness, the area offers well-equipped hospitals and clinics, underscoring the ideal balance of luxury and amenity in Edremit.