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World’s most appealing property markets

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A new chart trailing the percentage change in property prices in the world’s major cities found that the Berlin has become an attractive property market for investors.

Property prices edged up by 20.5 percent in the period between 2016 and 2017 in the German Capital Berlin, yet it remains cheap as a commercial and residential property market compared to other major cities such as New York.

Germany’s cities took four places out of the top 10, according to Knight Frank ranking, where the Turkish city of Izmir and Iceland’s Capital Reykjavik came in the second and third places with 18.5% and 16.6 percent increases respectively.

The ranking also showed that New York came 61st with a growth of 5.6 percent while London was 101st with 2 percent surge.


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