Turkey is among the top ten in the world in increasing the investment value of apartments

Imtilak Real Estate has monitored for you the report prepared by Knight Frank International Real Estate Agency, related to the rates of rising in the prices of apartments around the world, where 3 Turkish states entered the list of the top ten cities in the world in the increase in the prices of apartments in them, which encouraged foreign businessmen to invest in Turkey.

Three Turkish cities are among the top ten cities in the world in increasing the investment value of their apartments

In a report prepared by Knight Frank, the global real estate agency, on the rates of rising in the prices of apartments around the world, three Turkish cities were among the top ten cities in the increase in the prices of their apartments.

The mentioned study included 55 countries and 150 cities around the world, and these countries and cities were classified according to the annual increase in the prices of apartments in them, during a period of one year between the second quarter of this year and the previous year.

Izmir ranks second

According to the data of the aforementioned report, Turkish, Canadian, American, and Russian cities emerged in the list of the ten cities that ranked first in the annual increase in apartment prices, during a year between the second quarter of 2020 and the second quarter of 2021.

In the classification, the Canadian city of Halifax ranked first among the world's cities, in the annual increase in the prices of its apartments, as the rate of increase in the prices of apartments for this city during the mentioned period reached 30.8%.

While the second rank in the world was the Turkish city of Izmir, which had an annual increase in the prices of its apartments by 30% during the mentioned period.

Istanbul ranks ninth and Ankara ranks tenth

In the list of the top ten cities, according to the data of the aforementioned report, Istanbul ranked ninth in the world with an annual increase in the prices of its apartments, which amounted to 26.4% during the mentioned period.

The Turkish capital, Ankara, ranked tenth, with an annual increase in the prices of its apartments, which amounted to 25.8% during the mentioned period, and the numbers of increases in the ten cities that occupied the first ranks were as follows:

Rank	Featured projects in Turkey View all View all City	Country	Search our distinguished projects list and find the suitable property for you. Annual increase in apartment prices
1	Ready to invest? What is your budget ? UP to $50KUP to $100KUP to $250kUP to $400kUP to $1M How many living rooms are in the apartment? Studio1 2 3 4 5+ We have a range of options for you. ▼ Call me I hereby consent to the processing of my personal data and consent to the sending of marketing content. Thank you! Thank you, we have received your request, and we will contact you as soon as possible. Halifax	Canada	Get a free real estate consultation Would you like a free real estate consultation with the real estate experts at Imtilak Real Estate? Lets go Get a free real estate consultation What is your preferred way of communication? How would you like to be contacted? Phone callZoomGoogle meetWhatsApp Get a free real estate consultation Choose the appropriate day for us to contact you Fri19 Apr Sat20 Apr Sun21 Apr Mon22 Apr Tue23 Apr Wed24 Apr Thu25 Apr Get a free real estate consultation Let us contact you ▼ Call me I hereby consent to the processing of my personal data and consent to the sending of marketing content. Thank you! Thank you, we have received your request, and we will contact you as soon as possible. 30.8%
2	Featured projects in Turkey View all View all Izmir	Turkey	Search our distinguished projects list and find the suitable property for you. 30%
3	Seoul	South Korea	Ready to invest? What is your budget ? UP to $50KUP to $100KUP to $250kUP to $400kUP to $1M How many living rooms are in the apartment? Studio1 2 3 4 5+ We have a range of options for you. ▼ Call me I hereby consent to the processing of my personal data and consent to the sending of marketing content. Thank you! Thank you, we have received your request, and we will contact you as soon as possible. 30%
4	Get a free real estate consultation Would you like a free real estate consultation with the real estate experts at Imtilak Real Estate? Lets go Get a free real estate consultation What is your preferred way of communication? How would you like to be contacted? Phone callZoomGoogle meetWhatsApp Get a free real estate consultation Choose the appropriate day for us to contact you Fri19 Apr Sat20 Apr Sun21 Apr Mon22 Apr Tue23 Apr Wed24 Apr Thu25 Apr Get a free real estate consultation Let us contact you ▼ Call me I hereby consent to the processing of my personal data and consent to the sending of marketing content. Thank you! Thank you, we have received your request, and we will contact you as soon as possible. Phoenix	USA	29.3%
5	Moscow	Russia	28.8%
6	Hamilton	Canada	28%
7	San Diego	USA	27.1%
8	Saint Petersburg	Russia	26.7%
9	Istanbul	Turkey	26.4%
10	Ankara	Turkey	25.8%

Eleven cities have witnessed apartment prices drop

According to the Knight Frank report, 11 cities around the world witnessed a decrease in the prices of their apartments, and most of these cities were in Italy, and the most prominent of these Italian cities was Venice, which witnessed a decrease in the prices of its apartments by 6.3%, during a year between the second quarter of 2020 and the second quarter of this year.

Dubai, in the United Arab Emirates, was one of the cities that witnessed a decrease in the prices of its apartments, at a rate of 4.4% during the mentioned period.