![More than 400 new residential residences will appear in Cesme](https://storage2.turk.estate/static/files/tujx61/161_480x320.jpg)
The municipality of Cesme has pleased local residents and investors interested in this area with the news that mass housing construction will begin here. Within the framework of which 417 apartments will be sold in the very near future.
The mayor of Cesme is concerned about the growth of rents, which also affected the territory under his jurisdiction; the purpose of the construction is not to allow rental rates to reach sky-high figures, as well as to restrain the growth of prices for the purchase of apartments.
This is especially important for Cesme: Cesme is one of the most popular resorts on the Aegean coast, belonging to the province of Izmir. "There is a need for much more housing", the mayor explained. Having clarified that by building new residential complexes, he plans to establish a certain balance of supply and demand and thereby reduce the rent somewhat.
Certain decisions have also been made regarding the tourist "zones" of Cesme, where a new large site will be opened for construction. This decision was made by the authorities within the framework of the project "Tourist region of Cesme", which is planned to be implemented by decree of Recep Tayyip Erdogan.
Izmir and its surroundings are a very popular area among investors. What developers couldn't help but take note of; new complexes appear here one after another. Thus, 524 residences are being built by Vakıf GYO within the framework of its Iki Konak project directly in the provincial capital - Izmir; 278 new lots will appear within the Tan Urla project, and residences with their own gardens - in Foca.