The Global Residential Cities Index by Knight and Frank tracks the movement in average residential prices across 150 cities worldwide. According to the Q1 2018 results, the index rose by 4% in the year to March 2018, down from 6.4% a year ago.
Three Turkish cities are listed in this index with good appreciation rates. The residential prices increased in Izmir, Turkey with 16.5% in 12 months, making Izmir the second best profitable city after the Indian city of Surat.
Taking into account that the average increase was 4% in 150 global cities, and the prices in Dubai and Abu Dabi has decreased by 4.8% and 7.2% respectively, Izmir, Turkey is definitely one of the best places to invest real estate.
The increase rates in Ankara and Istanbul were 5.6% and 3.8% respectively. The increase in Ankara is over the global average, where the increase in Istanbul is almost the same with that of the average.
For Turkish Citizenship by Investment:
What are the advantages of Turkish Citizenship by Investment Program?
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Frequently Asked Questions about Turkish Citizenship by Investment Program
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For Real Estate Investment in Turkey:
Why is Izmir, the best location for real estate investment?
What is the return on investment in real estate in Turkey?
What do Global Reports say about investing in real estate properties in Turkey?
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