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Turkey Blog from Turkish Real Estate Agent Spot Blue

Istanbul attracts world’s 7th highest number of international travellers

Date: July 16, 2014 | Written By Richard

Istanbul is among the 10 most popular cities in the world, according to Mastercard’s 2014 Global Destination Cities Index, which ranks the world’s most travelled cities by international overnight visitors. The iconic Turkish city came seventh out of 132 cities assessed in the Index, with an estimated 11.6 million visitors during 2014, a 17.5 per […]

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Buzzing Istanbul continues to attract leading international hotel brands

Date: July 15, 2014 | Written By Richard

Istanbul’s status on the global tourism stage moved up a notch this month, following the opening of an iconic new hotel by one of the world’s largest hotel companies, American group Choice Hotels International. Choice’s newly built Clarion Hotel & Suites Istanbul Sisli is located between the Levent and Taksim business areas and close to […]

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Turkish economy continues on growth path in 2014-15, according to OECD

Date: July 11, 2014 | Written By Richard

Turkey’s economy will grow stronger in the coming years, according to a statement released by the OECD in July, news that should encourage more foreign investors to the country. The OECD, which conducted a survey about the Turkish economy, said that Turkey’s short-term economic outlook has improved, and that buoyed by the projected global recovery, […]

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Istanbul-Ankara high-speed rail link to open in July

Date: July 8, 2014 | Written By Richard

A new high-speed rail link connecting the Turkish capital Ankara with the international commercial hub of Istanbul is due to open this month, cutting the journey time between Turkey’s two most important cities to three-and-a-half hours from six. Turkey’s Transport Minister Lütfi Elvan has confirmed that the new rail link will be officially opened on […]

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Turkey swimming in Blue Flag beaches, with third highest number worldwide

Date: July 4, 2014 | Written By Richard

Tourists and holiday homeowners looking for pristine beaches and clean water to swim in should have Turkey on their radar, after the country was ranked third out of 51 countries on the 2014 Blue Flag scheme. Turkey now has 387 Blue Flag beaches, putting it ahead of France with 379 Blue Flag beaches and Portugal […]

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Foreign appetite for a slice of Turkey increasing during 2014

Date: July 3, 2014 | Written By Richard

Interest in Turkish property is showing no signs of easing off in 2014, after data from the Turkey’s Ministry of Economy showed a record 42 per cent year-on-year increase in real estate purchases by foreign nationals during the first four months of the year. Foreigners purchased real estate worth $1.26billion in Turkey between January and […]

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Turkey gains two more World Heritage Sites

Date: June 24, 2014 | Written By Richard

Turkey’s rich culture has been recognised at the latest UNESCO World Heritage Session, after the country was granted two new World Heritage Sites bringing its total number to 13. The first new Site in Turkey is the Birth of the Ottoman Empire at Bursa and Cumalıkızık in the southern Marmara Region. The site illustrates the […]

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Gulf nations getting a real taste for Turkey

Date: June 20, 2014 | Written By Richard

Turkey experienced a surge in visitors from the Gulf regions in the first four months of the year, according to the country’s Cultural and Tourism Office. In particular, the country recorded healthy rises in the number of visitors from GCC states Qatar, Bahrain and Kuwait, namely 46 per cent, 40 per cent and 28 per […]

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Istanbul’s case for becoming a global financial hub under the spotlight

Date: June 17, 2014 | Written By Richard

Istanbul’s campaign to become a leading financial hub in the world was reiterated this month when the Turkey’s finance minister, Mehmet Simsek confirmed that the country aimed to be among the top-three performing economies in Europe within a decade and one of the top 10 in the world within the next few decades. Meanwhile, in […]

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June sees Istanbul officially break ground for construction of mega airport

Date: June 6, 2014 | Written By Richard

Turkish Prime Minister Recep Tayyip Erdogan attended the official launch of work on Istanbul’s ground-breaking new airport in June, as construction officially begins at the airport’s site in the northern Arnavutkoy district of the city. A joint venture of Turkish companies won the tender for Istanbul’s third airport in May 2013, promising to pay the […]

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