Istanbul is The Cheapest City in Housing

ERA Real Estate Turkey keeps the pulse of housing prices in metropolitan areas. International real estate consultancy company ERA Real Estate Turkey Coordinator Mustafa Baygan, said that when look the world’s largest cities in terms of square meters of housing prices, Istanbul is the most suitable city.

 

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According to research data from ERA, which serves in 37 countries with more than 2 thousand 300 offices worldwide,Paris is the most expensive city with 8413 euros, whereas Istanbul is the most suitable city with 720 euros.

 

With the  ERA’s wide network in the world, Mustafa Baygan, who said that the prices of m2 of the big cities of the world can easily hold the pulse, gave information about the given. Baygan “When we look at the data coming from the ERA European archive, “The world’s largest cities are in Istanbul with the most favorable price of 720 Euros while the first order is France’s capital city Paris with 8,413 Euros. Currently in Switzerland’s capital city Zurich, the m2 price is 5.985 euros, it is more expensive than the value in Istanbul about 8.5 times. Then comes Stockholm with 4,620 euros, Berlin with 3,750 euros, and Lisbon with 1,272 euros.” said.

 

Also he said “We are pleased to share this information in the ERA Europe archive on behalf of the sector. As ERA Real Estate Turkey in 2017, we will continue to share statistics about the real estate sector in the world to inform the sector. “

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    yasemin Written by:

    Yasemin Kılıç yaseminkilic@istanbulinvestments.com

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