When a list of the world's cities with the most rapid property price increases in 2017 was released last month, it came as little surprise that trendy Berlin was on top.
A matter of intrigue, however, was the second name on the list: Izmir, Turkey's third largest city, where prices surged by 18.5% last year. Flanking the Aegean coast, the city itself and the greater Izmir province have witnessed an intense wave of internal migration over the past couple of years, spiking prices and increasing speculation.