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.
We help you find the properties which are expected to appreciate more. You can reach us at firstname.lastname@example.org or +90 (544) 288-5280.