
Chosen by Sabaro
Key Hotel
Design boutique hotel in a former bank, waterfront · İzmir and Urla
Since 2011 Key Hotel has occupied İzmir's former Central Bank building, opened in 1950, on the Kordon, the seafront of the Konak district. 31 rooms and suites of 26 to 85 m², a restaurant with a 250-bottle cellar and 24-hour room service; listed in the MICHELIN Guide. Expect about €219 a night for two, room only.
MICHELIN Guide selection
from 219 € per night
Standard double room, 2 adults, room only, non-refundable, 2-night stay from 1 June 2027. Indicative price, taxes included, to be confirmed with your request.
Public price collected on: Booking.com (offre affichée par Google Hôtels) — accessed 22 October 2026
A travel advisor replies by email. Free, no commitment.
Key Hotel is the İzmir address for anyone who wants to stay in the city somewhere with character. The hotel occupies the former Central Bank building, a modernist block opened in 1950 on the Kordon, the Konak seafront. It has 31 rooms and suites and is part of the MICHELIN Guide selection. It is the best base for a night or two in the city, on arrival or before the flight home.
A 1950s bank
The building came out of an architecture competition won by Orhan Bolak, Doğan Tekeli and Ergun Unaran: the last two, still students at the time, entered under the signature of their university assistant. The quality of its design was recognised in a national competition in the 1950s.
In 2011 architect Derya Akdurak of the Makomim practice converted it into a hotel without altering its structure. Lost details were recreated from the original drawings, and all the furniture, fixed and loose, was designed for the hotel based on the building's history. The MICHELIN Guide highlights the building's cubic outline on the waterfront and the terrace wrapped around the top floor.
The rooms
The hotel has 23 Standard rooms, 2 Superior rooms, 3 Family Suites, an Executive Suite, a Deluxe Suite and a Grand Suite. Depending on the room, the view is of the city, partly of the sea or straight out to sea, and that is what drives the price: city-view rooms are the cheapest. For the view, ask for a sea-facing room. To watch the sunset over the gulf from your room, the Grand Suite has a private corner on the terrace it shares with two other suites.
Food and drink
Breakfast is a buffet; lunch and dinner are à la carte, with international cooking and a 250-bottle cellar of Turkish and foreign wines. The lobby bar serves coffee, cocktails and snacks. Room service runs 24 hours a day. A VIP lounge seats 2 to 24 people for a private dinner or meeting.
Location
The hotel is on Atatürk Caddesi, the Kordon road, in the Konak district, about 18 km and 23 minutes by road from Adnan Menderes Airport. The Agora of Smyrna and the Clock Tower are in the same district. Urla and its vineyards are 35 minutes away and Alaçatı under an hour: see our İzmir and Urla page.
Prices
In October 2026, for two nights from 1 to 3 June 2027, the Standard double room cost about €219 a night for two adults, room only and non-refundable, including taxes and fees, or €437 for the two nights. Breakfast added about €19 a night and free cancellation about €11.
Sabaro's view
Who it suits: couples and travellers who want a stylish night in the city at the start or end of an Aegean coast tour.
Highlights: a modernist building, rare for a hotel in Turkey; the seafront on the doorstep; a rating of 4.6 out of 5 on Google (898 reviews).
Good to know: the hotel was designed first for business travellers; it has no pool or spa. For a countryside stay with a pool, see KeyUrla in Urla.
Room types
| Room | Size | View | Bed |
|---|---|---|---|
| Standard Room | 26 à 34 m² | city, partial sea or sea view | double, twin or round bed |
DetailsWho it suits: Couples spending a night or two in the city. Bathroom: underfloor heating, Rainmaker shower Highlights: mirrored ceiling; soft-drink minibar, tea and coffee included | |||
| Grand Suite | 85 m² | Gulf of İzmir | double bed |
DetailsWho it suits: Couples who want the sunset over the gulf from their room. Bathroom: jacuzzi tub, Rainmaker shower, bidet, underfloor heating Outdoor space: private seating area on the terrace shared with two other suites Highlights: living room and dining area; capsule coffee machine | |||
Source: Key Hotel, chambres et suites (site officiel) — accessed 22 October 2026
Restaurants
KEY Restaurant, KEY Lobby Bar
Facilities
- 31 rooms and suites according to the hotel (23 Standard, 2 Superior, 3 Family Suites, Executive, Deluxe and Grand Suite)
- Former Central Bank building, opened in 1950, converted into a hotel in 2011
- À la carte restaurant and a 250-bottle wine cellar
- Lobby bar, 24-hour room service
- VIP Lounge for 2 to 24 guests for dinners and meetings
Source: Key Hotel, site officiel — accessed 22 October 2026
Location
On the Kordon, İzmir's seafront, in the Konak district (Atatürk Caddesi); about 18 km and 23 minutes from Adnan Menderes Airport (ADB).
Map drawn by Sabaro from OpenStreetMap data, © OpenStreetMap
| From the hotel | On foot | By car |
|---|---|---|
| İzmir Clock Tower | 8 min (0.6 km) | 2.9 km |
| Kemeraltı Bazaar | 9 min (0.7 km) | 2.8 km |
| Agora of Smyrna | 18 min (1.3 km) | 3.0 km |
| Urla | — | 38.1 km |
| İzmir Adnan Menderes Airport (ADB) | — | 18.4 km |
Shortest routes calculated by OSRM (routing.openstreetmap.de) on OpenStreetMap data, on 23 October 2026.
Guest reviews
4,6/5 — 898 reviews
Rating published by a travel website. Verified reviews from Sabaro travellers will appear here after their first trips.
Source: Google — accessed 22 October 2026
On social media
Official accounts: Instagram
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Frequently asked questions
Does Key Hotel have a pool?
No. For a pool and wellness area, KeyUrla, 35 minutes away, and Hiddenbay Teos in Sığacık both have one.
Which room should I choose for a sea view?
A sea-facing Standard room, or a suite. The 85 m² Grand Suite has the widest view of the gulf and a corner of the terrace.
Is breakfast included?
Not in the cheapest rate checked for June 2027; it is available as an option. It is served as a buffet.
How far is the airport?
About 18 km, some twenty minutes by road without traffic. The hotel offers transfers.
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