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The world's top 12 cities for property investment

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on May 08, 2014 at 13:49

A recent industry report revealed the 12 global cities it believes could off the best property returns.  

Research from Savills World Research, Deutsche Asset & Wealth Management and Candy & Candy has indentified the 12 global cities which are showing potential strong residential property price growth as they become more fully invested in the next few years.

The list ranges from well established cities to centres in developing economies, but generally property prices in these rising cities are much lower than in the world cities, which make them more accessible and attractive to yield seeking real estate investors.

So which dozen cities made the cut...?

Tel Aviv, Israel

2 bed apartment (secondary): $500,000
2 bed apartment (prime): $1,450,000

Melbourne, Australia

2 bed apartment (secondary): $320,000
2 bed apartment (prime): $675,000

Miami, USA

2 bed apartment (secondary): $275,000
2 bed apartment (prime): $900,000

Chicago, USA

2 bed apartment (secondary): $250,000
2 bed apartment (prime): $700,000

Dublin, Ireland

2 bed apartment (secondary): $210,000
2 bed apartment (prime): $560,000

Panama City, Panama

2 bed apartment (secondary): $200,000
2 bed apartment (prime): $500,000

Beirut, Lebanon

2 bed apartment (secondary): $180,000
2 bed apartment (prime): $500,000

Istanbul, Turkey

2 bed apartment (secondary): $125,000
2 bed apartment (prime): $280,000

Cape Town, South Africa

2 bed apartment (secondary): $110,000
2 bed apartment (prime): $370,000

Jakarta, Indonesia

2 bed apartment (secondary): $90,000
2 bed apartment (prime): $260,000

Lagos, Nigeria

2 bed apartment (secondary): $70,000
2 bed apartment (prime): $300,000

Chennai, India

2 bed apartment (secondary): $40,000
2 bed apartment (prime): $160,000

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