The 7 Best Cities to Buy Property in Europe

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4. Istanbul, Turkey

Turkey’s property market wasn’t hit as hard as others in the world in the years 2008 and 2009, with recovery times only take about a year and a half. Despite that, Istanbul remains a bargain when it comes to real estate with starting market prices at about $1,000 a square meter. Turkey is a country of the future, with half of its population younger than 30 years of age, which means the time to invest, is now. With the economy growing and being diversified between Europe and Asia it is easier than ever for foreigners to invest here. A construction boom is also taking place in Istanbul as half the current housing stock in the country needs to be replaced or renovated, thus making it easy to get in on buying pre-construction apartments. Getting in early on a new build means discounted pricing and the expectation of price increase over the construction period. The time to invest in Turkey is now.

Istanbul, Turkey
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