Covering the area between Konak Square and the Agora of Smyrna, Kemeraltı Bazaar is a part of İzmir where residential buildings are practically absent and which consists, not on only of hundreds of commercial establishments but also of numerous religious buildings (historic mosques and synagogues) concentrated in walking distance from each other. İzmir center's two largest churches, a Catholic church dedicated to Polycarp and the Greek Orthodox church of "Aya Vukla", premises of the archaeological museum until recently and currently in phase of being restored, are also located slightly outside Kemeraltı zone.
Kemeraltı Bazaar is a bustling commercial area in İzmir, known for its numerous shops and religious buildings. The presence of residential buildings is minimal, with most of the area dedicated to commerce and religion.