Ulaanbaatar
With the recent influx of mining executives and the migration of
locals from traditional ger settlements into medium grade
apartments, the capital Ulaan Baatar currently offers the best
investment opportunities in Mongolia. Described by British press in
2007 as 'the new hot destination for foreign-property buyers',
media reports also suggest that Mongolia offers the highest rental
yields in Asia. Recent high-end developments sell luxury, one to
three bed apartments for prices between $175,00 to
$670,000
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