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

MetricMilanIstanbul
Typical entry price (25th percentile of live sample)€101,250not tracked
Median asking price€101,250not tracked
Median price per m²€1,746/m²not tracked
Active tracked listings410
Arkon-verified listings390
Price growth 2018–2024 (historic research series)not tracked+95%

Istanbul acquisition costs

  • Title Deed Transfer Tax: 4%
  • VAT (KDV): 1–18%
  • Notary Fees: 0.5–1%
  • Agent Commission: 2–3%

Istanbul market page

Figures are medians and percentiles of the listings Arkon currently tracks, converted to EUR — not a market index. Rental yields are omitted because rent comparables are not yet held for these markets. Read the methodology.