Authored by the expert who managed and guided the team behind the Turkey Property Pack
Everything you need to know before buying real estate is included in our Turkey Property Pack
The Turkish lira has crashed 18-20% in the past year, creating unprecedented opportunities for foreign property buyers in Turkey's real estate market.
While nominal property prices have risen in Turkish lira terms, real values have actually declined significantly in major cities like Istanbul and Ankara, making Turkish real estate substantially more affordable for international investors paying in dollars or euros.
If you want to go deeper, you can check our pack of documents related to the real estate market in Turkey, based on reliable facts and data, not opinions or rumors.
The Turkish lira's 18-20% depreciation has created a paradox where property prices rose nominally but fell in real terms, especially in Istanbul (-8.8%) and Izmir (-8.8%).
Foreign buyers are capitalizing on these conditions, with some coastal regions seeing foreigners account for 40% of transactions as developers offer aggressive discounts up to 30%.
| City | Price per m² (USD) | Real Price Change 2025 |
|---|---|---|
| Istanbul | $1,520 | -8.8% |
| Ankara | $815 | -3.9% |
| Izmir | $1,112 | -8.8% |
| Antalya (coastal) | $950 | -2.1% |
| Bodrum (resort) | $1,680 | +1.2% |
Fact-checked and reviewed by our local expert
Laurence Rapp 🇬🇧
Sales representative at Spot Blue - International Real Estate Agency
How much has the Turkish lira depreciated in the past year?
The Turkish lira has depreciated approximately 18-20% against the US dollar over the past year as of September 2025.
The USD/TRY exchange rate increased from about 33 lira per dollar in June 2024 to over 39.5 lira per dollar by June 2025. Recent rates have climbed even higher, lingering near 41-42 lira per dollar, indicating continued downward pressure on the Turkish currency.
This depreciation represents a continuation of the lira's long-term decline, with the currency remaining at historic lows. The depreciation stems from persistent high inflation rates of 35-47% and structural economic imbalances that continue to plague Turkey's economy.
Short-term prospects for lira recovery remain limited according to most analysts, who forecast continued weakness through 2025-2026. Only rapid and comprehensive economic reforms could potentially stabilize or reverse this downward trend.
What impact has the lira crash had on property prices in Turkey?
The lira crash has created a paradoxical situation where nominal property prices in Turkish lira have risen significantly, but real values have actually declined when adjusted for inflation.
Nominal property prices increased by 32-37% year-over-year between 2024 and 2025 in Turkish lira terms. However, when adjusted for inflation, real property values dropped by 7-9% across Turkey's major markets.
For foreign investors paying in dollars or euros, this creates an interesting dynamic. While properties may cost more in dollar terms due to the nominal price increases, the purchasing power advantage from the lira's weakness often results in net savings compared to pre-crash periods.
The crash has also triggered what industry experts describe as "panic sales" in the secondary market, with property owners seeking to convert their real estate holdings into more stable foreign currencies. This has created additional opportunities for buyers willing to negotiate.
It's something we develop in our Turkey property pack.
Which regions in Turkey are seeing the biggest price drops in real estate?
Istanbul and Izmir are experiencing the most significant real-term property price declines, both dropping 8.8% when adjusted for inflation.
Istanbul, despite having the largest nominal price increases in lira terms, shows the deepest real-term decline due to high inflation and currency devaluation effects. The city's older apartment segments are particularly affected, with some areas seeing even steeper drops.
Ankara follows with a real-term decline of 3.9%, though this is more moderate compared to the coastal metropolitan areas. The capital's government sector employment provides some stability to the local property market.
Coastal resort areas like Antalya and Bodrum show more resilience, with smaller nominal increases and more stable real values. These regions benefit from continued foreign buyer interest, particularly from European and Gulf investors who view Turkish coastal properties as bargains.
The disparity between urban centers and coastal resort areas reflects different buyer demographics - domestic buyers dominate urban markets while foreign investment supports coastal regions.
Are certain types of properties more affected by the lira crash than others?
Older apartments in central urban areas are experiencing the largest real-term price declines and represent the most affected property category.
| Property Type | Impact Level | Price Change |
|---|---|---|
| Older Urban Apartments | High Impact | -10% to -15% real terms |
| New-Build Apartments | Moderate Impact | -3% to -7% real terms |
| Luxury Coastal Villas | Low Impact | +2% to -2% real terms |
| Resort Properties | Minimal Impact | +1% to +3% real terms |
| Commercial Properties | Variable Impact | -5% to +2% real terms |
How does the cost of property in Turkey compare to other countries in the region?
Turkey's property prices remain significantly lower than neighboring countries, making it an attractive option for international buyers even after recent price adjustments.
The average residential property price in Turkey stands at $869 per square meter as of 2025. Istanbul averages $1,520 per square meter, Ankara $815 per square meter, and Izmir $1,112 per square meter.
Compared to regional competitors, Turkey offers substantial savings. Greek property prices average 25-40% higher than Turkey, while Bulgarian coastal properties cost 15-30% more. Cyprus, another popular Mediterranean destination, commands prices 35-50% above Turkish levels.
Turkish rental yields of approximately 7.4% often outperform most EU cities, where yields typically range from 3-5%. This yield advantage, combined with lower acquisition costs, makes Turkey particularly attractive for buy-to-let investors.
The currency advantage for foreign buyers paying in dollars or euros has effectively created a 15-20% discount compared to pre-crash purchasing power, widening the gap with regional competitors.
Don't lose money on your property in Turkey
100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.
Has the lira crash led to an increase in foreign investment in Turkish real estate?
Yes, the lira crash has sparked a significant increase in foreign investment in Turkish real estate, with some coastal regions seeing foreigners account for up to 40% of all property transactions.
Russian, Gulf, and European buyers are leading this investment surge, taking advantage of favorable exchange rates and competitive pricing. The $400,000 citizenship-by-investment program continues to attract wealthy foreign investors despite local market volatility.
Foreign buyers benefit from what effectively amounts to a 20% discount compared to pre-crash periods when paying in stable foreign currencies. This purchasing power advantage has made Turkish properties increasingly attractive compared to other Mediterranean destinations.
Developer marketing has shifted significantly toward foreign buyers, with many projects now offering pricing in euros or dollars and providing payment plans specifically designed for international investors. Some developments report that 60-70% of their sales now come from foreign buyers.
The trend appears sustainable as long as the lira remains weak, with foreign investment activity showing strong momentum through 2025.
What are the current trends in property demand in Turkey?
Turkish property demand shows mixed patterns, with overall transaction volumes increasing 25% year-over-year following interest rate cuts in July 2025.
Domestic demand is split between acceleration and hesitation. Many Turkish buyers are rushing to purchase property as an inflation hedge, viewing real estate as a store of value amid currency instability. However, others are postponing purchases due to high mortgage rates and economic uncertainty.
Rental investment demand has surged dramatically due to rapidly rising rents and attractive yields. Investors are capitalizing on rental income that adjusts with inflation, providing protection against currency devaluation.
Foreign buyer demand remains robust, particularly in coastal areas and major cities. International investors are drawn by competitive pricing, citizenship opportunities, and the potential for currency appreciation gains if the lira stabilizes.
Luxury and new-build segments show stronger demand than older properties, as buyers prefer modern amenities and developer incentives over secondary market uncertainty.
It's something we develop in our Turkey property pack.
Are there specific sectors more affected by the lira's decline?
The residential sector has proven more resilient than commercial real estate, particularly in luxury and foreign-targeted segments.
1. **Residential Market**: Shows strong resilience, especially luxury properties and new developments targeting foreign buyers 2. **Commercial Office Space**: Remains relatively stable with consistent demand from multinational companies 3. **Retail Properties**: Under significant pressure with reduced rents and higher vacancy rates in some cities 4. **Secondary Apartment Market**: Experiencing severe "panic sales" and substantial discounts as owners seek liquidity 5. **Resort and Tourism Properties**: Performing well due to continued foreign investment and tourism recovery
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Turkey versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.
How have Turkish property developers responded to the currency crisis?
Turkish property developers have implemented aggressive strategies to maintain sales momentum during the currency crisis, offering substantial incentives to attract buyers.
Developers are providing discounts of up to 30% on list prices, particularly for cash buyers or those willing to complete transactions quickly. Interest-free payment plans spanning 12-24 months have become standard offerings to ease buyer financial pressure.
Many developers have slowed construction pace on some projects due to surging material costs, with steel, cement, and imported fixtures seeing price increases of 40-60%. This has led to more selective project launches and increased focus on higher-margin developments.
Marketing strategies have shifted dramatically toward foreign buyers, with many developers now pricing projects in euros or dollars. Sales teams have expanded international outreach, particularly targeting Russian, Middle Eastern, and European buyers.
Secondary market sellers are offering even steeper discounts of 15-20% below current market values, with additional negotiation possible for quick cash transactions. This has created a two-tier market between new developments and existing properties.
What is the average price of property in major cities like Istanbul and Ankara now?
As of September 2025, Istanbul properties average ₺55,500 per square meter ($1,520), while Ankara averages ₺29,800 per square meter ($815).
Istanbul's pricing reflects its status as Turkey's economic center, though the city has experienced the steepest real-term decline at -8.8% when adjusted for inflation. Different districts within Istanbul show significant variation, with prime areas like Beşiktaş and Kadıköy commanding premiums of 40-60% above the city average.
Ankara's lower pricing reflects both its inland location and government-sector economy, though the capital offers better value for money with decent rental yields around 6-8%. The city's market shows more stability due to consistent government employment.
Izmir, Turkey's third-largest city, averages ₺40,600 per square meter ($1,112), positioning it between Istanbul and Ankara. The coastal city benefits from tourism and port activities while offering more affordable pricing than Istanbul.
These prices represent significant value compared to European capitals, where similar properties would cost 2-3 times more, making Turkish cities attractive for both investment and lifestyle purchases.
What role does inflation play in the real estate market in Turkey?
Inflation, currently running at 35-47%, plays a central role in shaping Turkey's real estate market dynamics and investment decisions.
High inflation erodes domestic purchasing power, effectively reducing real house values despite nominal price increases. This inflation impact explains why property values have declined 7-9% in real terms even as lira prices rose 32-37%.
Turkish buyers increasingly view real estate as an inflation hedge, similar to gold or foreign currency. This drives accelerated purchasing decisions among those who can afford properties, as they seek to preserve wealth against currency devaluation.
Inflation directly drives up rental prices, creating attractive yields for property investors. Rental income adjusts with inflation, providing natural protection against currency weakness and making buy-to-let investments particularly appealing.
The inflation-currency devaluation cycle creates ongoing pressure on the real estate market, with property serving as both a refuge from monetary instability and a victim of reduced purchasing power. This dynamic is expected to continue as long as inflation remains elevated.
It's something we develop in our Turkey property pack.
How likely is the Turkish lira to recover, and how would that affect property prices?
Most analysts forecast continued lira weakness through 2025-2026, with only rapid economic reforms potentially stabilizing the currency in the medium term.
The lira's recovery prospects remain limited due to persistent structural issues including high inflation, current account deficits, and political uncertainties. International monetary institutions suggest that comprehensive economic reforms would be necessary to restore investor confidence and currency stability.
If the lira were to recover significantly, property prices in lira terms would likely rise in real terms, making Turkish real estate less attractive for foreign buyers. A stronger lira would reduce the purchasing power advantage that currently drives foreign investment.
Currency stabilization would benefit domestic market confidence and could normalize property transaction patterns. However, this would likely coincide with reduced foreign buyer activity as the current "discount" effect disappears.
Over the near term, continued volatility and favorable exchange rate conditions are expected to persist, maintaining current market dynamics that favor foreign investors and create opportunities for those seeking Turkish real estate exposure.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
The Turkish lira's 18-20% depreciation has created unique opportunities in Turkey's real estate market, with foreign buyers benefiting from effective discounts while domestic values decline in real terms.
Whether you're considering investment or relocation, current market conditions offer significant value compared to regional alternatives, though careful timing and local expertise remain essential for success.
Sources
- EBC - Turkish Lira to USD Rate
- Skyline Holding - Turkey 2025 Property Sales
- SmileToTalk - Real Estate in Turkey 2025
- Timondro - CBRT Interest Rate Impact
- RestProperty - Real Estate Turkey 2025
- AI Invest - Turkish Lira Record
- Trading Economics - Turkey Currency
- Imtilak - Property Prices Turkey
-Is buying property in Turkey safe for foreigners?
Authored by the expert who managed and guided the team behind the Turkey Property Pack
Everything you need to know before buying real estate is included in our Turkey Property Pack
The Turkish lira has crashed 18-20% in the past year, creating unprecedented opportunities for foreign property buyers in Turkey's real estate market.
While nominal property prices have risen in Turkish lira terms, real values have actually declined significantly in major cities like Istanbul and Ankara, making Turkish real estate substantially more affordable for international investors paying in dollars or euros.
If you want to go deeper, you can check our pack of documents related to the real estate market in Turkey, based on reliable facts and data, not opinions or rumors.
The Turkish lira's 18-20% depreciation has created a paradox where property prices rose nominally but fell in real terms, especially in Istanbul (-8.8%) and Izmir (-8.8%).
Foreign buyers are capitalizing on these conditions, with some coastal regions seeing foreigners account for 40% of transactions as developers offer aggressive discounts up to 30%.
| City | Price per m² (USD) | Real Price Change 2025 |
|---|---|---|
| Istanbul | $1,520 | -8.8% |
| Ankara | $815 | -3.9% |
| Izmir | $1,112 | -8.8% |
| Antalya (coastal) | $950 | -2.1% |
| Bodrum (resort) | $1,680 | +1.2% |
Fact-checked and reviewed by our local expert
Laurence Rapp 🇬🇧
Sales representative at Spot Blue - International Real Estate Agency
How much has the Turkish lira depreciated in the past year?
The Turkish lira has depreciated approximately 18-20% against the US dollar over the past year as of September 2025.
The USD/TRY exchange rate increased from about 33 lira per dollar in June 2024 to over 39.5 lira per dollar by June 2025. Recent rates have climbed even higher, lingering near 41-42 lira per dollar, indicating continued downward pressure on the Turkish currency.
This depreciation represents a continuation of the lira's long-term decline, with the currency remaining at historic lows. The depreciation stems from persistent high inflation rates of 35-47% and structural economic imbalances that continue to plague Turkey's economy.
Short-term prospects for lira recovery remain limited according to most analysts, who forecast continued weakness through 2025-2026. Only rapid and comprehensive economic reforms could potentially stabilize or reverse this downward trend.
What impact has the lira crash had on property prices in Turkey?
The lira crash has created a paradoxical situation where nominal property prices in Turkish lira have risen significantly, but real values have actually declined when adjusted for inflation.
Nominal property prices increased by 32-37% year-over-year between 2024 and 2025 in Turkish lira terms. However, when adjusted for inflation, real property values dropped by 7-9% across Turkey's major markets.
For foreign investors paying in dollars or euros, this creates an interesting dynamic. While properties may cost more in dollar terms due to the nominal price increases, the purchasing power advantage from the lira's weakness often results in net savings compared to pre-crash periods.
The crash has also triggered what industry experts describe as "panic sales" in the secondary market, with property owners seeking to convert their real estate holdings into more stable foreign currencies. This has created additional opportunities for buyers willing to negotiate.
It's something we develop in our Turkey property pack.
Which regions in Turkey are seeing the biggest price drops in real estate?
Istanbul and Izmir are experiencing the most significant real-term property price declines, both dropping 8.8% when adjusted for inflation.
Istanbul, despite having the largest nominal price increases in lira terms, shows the deepest real-term decline due to high inflation and currency devaluation effects. The city's older apartment segments are particularly affected, with some areas seeing even steeper drops.
Ankara follows with a real-term decline of 3.9%, though this is more moderate compared to the coastal metropolitan areas. The capital's government sector employment provides some stability to the local property market.
Coastal resort areas like Antalya and Bodrum show more resilience, with smaller nominal increases and more stable real values. These regions benefit from continued foreign buyer interest, particularly from European and Gulf investors who view Turkish coastal properties as bargains.
The disparity between urban centers and coastal resort areas reflects different buyer demographics - domestic buyers dominate urban markets while foreign investment supports coastal regions.
Are certain types of properties more affected by the lira crash than others?
Older apartments in central urban areas are experiencing the largest real-term price declines and represent the most affected property category.
| Property Type | Impact Level | Price Change |
|---|---|---|
| Older Urban Apartments | High Impact | -10% to -15% real terms |
| New-Build Apartments | Moderate Impact | -3% to -7% real terms |
| Luxury Coastal Villas | Low Impact | +2% to -2% real terms |
| Resort Properties | Minimal Impact | +1% to +3% real terms |
| Commercial Properties | Variable Impact | -5% to +2% real terms |
How does the cost of property in Turkey compare to other countries in the region?
Turkey's property prices remain significantly lower than neighboring countries, making it an attractive option for international buyers even after recent price adjustments.
The average residential property price in Turkey stands at $869 per square meter as of 2025. Istanbul averages $1,520 per square meter, Ankara $815 per square meter, and Izmir $1,112 per square meter.
Compared to regional competitors, Turkey offers substantial savings. Greek property prices average 25-40% higher than Turkey, while Bulgarian coastal properties cost 15-30% more. Cyprus, another popular Mediterranean destination, commands prices 35-50% above Turkish levels.
Turkish rental yields of approximately 7.4% often outperform most EU cities, where yields typically range from 3-5%. This yield advantage, combined with lower acquisition costs, makes Turkey particularly attractive for buy-to-let investors.
The currency advantage for foreign buyers paying in dollars or euros has effectively created a 15-20% discount compared to pre-crash purchasing power, widening the gap with regional competitors.
Don't lose money on your property in Turkey
100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.
Has the lira crash led to an increase in foreign investment in Turkish real estate?
Yes, the lira crash has sparked a significant increase in foreign investment in Turkish real estate, with some coastal regions seeing foreigners account for up to 40% of all property transactions.
Russian, Gulf, and European buyers are leading this investment surge, taking advantage of favorable exchange rates and competitive pricing. The $400,000 citizenship-by-investment program continues to attract wealthy foreign investors despite local market volatility.
Foreign buyers benefit from what effectively amounts to a 20% discount compared to pre-crash periods when paying in stable foreign currencies. This purchasing power advantage has made Turkish properties increasingly attractive compared to other Mediterranean destinations.
Developer marketing has shifted significantly toward foreign buyers, with many projects now offering pricing in euros or dollars and providing payment plans specifically designed for international investors. Some developments report that 60-70% of their sales now come from foreign buyers.
The trend appears sustainable as long as the lira remains weak, with foreign investment activity showing strong momentum through 2025.
What are the current trends in property demand in Turkey?
Turkish property demand shows mixed patterns, with overall transaction volumes increasing 25% year-over-year following interest rate cuts in July 2025.
Domestic demand is split between acceleration and hesitation. Many Turkish buyers are rushing to purchase property as an inflation hedge, viewing real estate as a store of value amid currency instability. However, others are postponing purchases due to high mortgage rates and economic uncertainty.
Rental investment demand has surged dramatically due to rapidly rising rents and attractive yields. Investors are capitalizing on rental income that adjusts with inflation, providing protection against currency devaluation.
Foreign buyer demand remains robust, particularly in coastal areas and major cities. International investors are drawn by competitive pricing, citizenship opportunities, and the potential for currency appreciation gains if the lira stabilizes.
Luxury and new-build segments show stronger demand than older properties, as buyers prefer modern amenities and developer incentives over secondary market uncertainty.
It's something we develop in our Turkey property pack.
Are there specific sectors more affected by the lira's decline?
The residential sector has proven more resilient than commercial real estate, particularly in luxury and foreign-targeted segments.
1. **Residential Market**: Shows strong resilience, especially luxury properties and new developments targeting foreign buyers 2. **Commercial Office Space**: Remains relatively stable with consistent demand from multinational companies 3. **Retail Properties**: Under significant pressure with reduced rents and higher vacancy rates in some cities 4. **Secondary Apartment Market**: Experiencing severe "panic sales" and substantial discounts as owners seek liquidity 5. **Resort and Tourism Properties**: Performing well due to continued foreign investment and tourism recoveryWe did some research and made this infographic to help you quickly compare rental yields of the major cities in Turkey versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.
How have Turkish property developers responded to the currency crisis?
Turkish property developers have implemented aggressive strategies to maintain sales momentum during the currency crisis, offering substantial incentives to attract buyers.
Developers are providing discounts of up to 30% on list prices, particularly for cash buyers or those willing to complete transactions quickly. Interest-free payment plans spanning 12-24 months have become standard offerings to ease buyer financial pressure.
Many developers have slowed construction pace on some projects due to surging material costs, with steel, cement, and imported fixtures seeing price increases of 40-60%. This has led to more selective project launches and increased focus on higher-margin developments.
Marketing strategies have shifted dramatically toward foreign buyers, with many developers now pricing projects in euros or dollars. Sales teams have expanded international outreach, particularly targeting Russian, Middle Eastern, and European buyers.
Secondary market sellers are offering even steeper discounts of 15-20% below current market values, with additional negotiation possible for quick cash transactions. This has created a two-tier market between new developments and existing properties.
What is the average price of property in major cities like Istanbul and Ankara now?
As of September 2025, Istanbul properties average ₺55,500 per square meter ($1,520), while Ankara averages ₺29,800 per square meter ($815).
Istanbul's pricing reflects its status as Turkey's economic center, though the city has experienced the steepest real-term decline at -8.8% when adjusted for inflation. Different districts within Istanbul show significant variation, with prime areas like Beşiktaş and Kadıköy commanding premiums of 40-60% above the city average.
Ankara's lower pricing reflects both its inland location and government-sector economy, though the capital offers better value for money with decent rental yields around 6-8%. The city's market shows more stability due to consistent government employment.
Izmir, Turkey's third-largest city, averages ₺40,600 per square meter ($1,112), positioning it between Istanbul and Ankara. The coastal city benefits from tourism and port activities while offering more affordable pricing than Istanbul.
These prices represent significant value compared to European capitals, where similar properties would cost 2-3 times more, making Turkish cities attractive for both investment and lifestyle purchases.
What role does inflation play in the real estate market in Turkey?
Inflation, currently running at 35-47%, plays a central role in shaping Turkey's real estate market dynamics and investment decisions.
High inflation erodes domestic purchasing power, effectively reducing real house values despite nominal price increases. This inflation impact explains why property values have declined 7-9% in real terms even as lira prices rose 32-37%.
Turkish buyers increasingly view real estate as an inflation hedge, similar to gold or foreign currency. This drives accelerated purchasing decisions among those who can afford properties, as they seek to preserve wealth against currency devaluation.
Inflation directly drives up rental prices, creating attractive yields for property investors. Rental income adjusts with inflation, providing natural protection against currency weakness and making buy-to-let investments particularly appealing.
The inflation-currency devaluation cycle creates ongoing pressure on the real estate market, with property serving as both a refuge from monetary instability and a victim of reduced purchasing power. This dynamic is expected to continue as long as inflation remains elevated.
It's something we develop in our Turkey property pack.
How likely is the Turkish lira to recover, and how would that affect property prices?
Most analysts forecast continued lira weakness through 2025-2026, with only rapid economic reforms potentially stabilizing the currency in the medium term.
The lira's recovery prospects remain limited due to persistent structural issues including high inflation, current account deficits, and political uncertainties. International monetary institutions suggest that comprehensive economic reforms would be necessary to restore investor confidence and currency stability.
If the lira were to recover significantly, property prices in lira terms would likely rise in real terms, making Turkish real estate less attractive for foreign buyers. A stronger lira would reduce the purchasing power advantage that currently drives foreign investment.
Currency stabilization would benefit domestic market confidence and could normalize property transaction patterns. However, this would likely coincide with reduced foreign buyer activity as the current "discount" effect disappears.
Over the near term, continued volatility and favorable exchange rate conditions are expected to persist, maintaining current market dynamics that favor foreign investors and create opportunities for those seeking Turkish real estate exposure.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
The Turkish lira's 18-20% depreciation has created unique opportunities in Turkey's real estate market, with foreign buyers benefiting from effective discounts while domestic values decline in real terms.
Whether you're considering investment or relocation, current market conditions offer significant value compared to regional alternatives, though careful timing and local expertise remain essential for success.