Milan vs Istanbul — property investment comparison
Side by side on the data Arkon holds: live listing prices, price per m², inventory depth and acquisition costs. No forecasts and no modelled returns.
Market metrics
| Metric | Milan | Istanbul |
|---|---|---|
| Typical entry price (25th percentile of the listings we track) | €101,250 | not tracked |
| Median price across the listings we track (33 vs 0, all above €100,000) | €101,250 | not tracked |
| Median price per m² across the listings we track | €1,746/m² | not tracked |
| Active tracked listings | 33 | 0 |
| Arkon-verified listings | 33 | 0 |
Istanbul acquisition costs
- Title Deed Transfer Tax: 4%
- VAT (KDV): 1–18%
- Notary Fees: 0.5–1%
- Agent Commission: 2–3%
Figures are medians and percentiles of the listings Arkon currently tracks, converted to EUR — not a market index and not a market median. Each source feed is fetched as a single page of 30 results with a €100,000 minimum price, so the sample is the lower end of each market rather than a cross-section of it. Some markets, including Milan and Madrid, contain judicial-auction and no-possession lots whose prices are reserves or reflect the loss of possession, not asking prices. Rental yields are omitted because rent comparables are not yet held for these markets. Read the methodology.