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Turkey Blog from Turkish Real Estate Agent Spot Blue

Istanbul crowned world’s best destination by global travellers

Date: April 17, 2014 | Written By Richard

Istanbul has been voted the best place to visit in the world in the sixth annual Travellers’ Choice awards for Destinations, organised by TripAdvisor, the world’s largest travel site. The largest city in Turkey, Istanbul is the country’s cultural capital and embraces both its European and Asian roots as the country bridges the two continents. […]

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Turkey re-elects Erdogan and sees positive economic signs

Date: April 1, 2014 | Written By Richard

The Turkish nation has re-elected Recep Tayyip Erdogan as its prime minister, after his AKP party scored a resounding victory in the country’s local elections on Sunday. Erdogan’s return to power is deemed by many as a positive step towards continuing the country’s strong economic development, thanks to his ambitious plans to attract foreign investment […]

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Rough Guides includes holiday home hot spots in its ‘not to miss’ list for Turkey

Date: March 25, 2014 | Written By Richard

Istanbul’s Grand Bazaar, Turkey’s picturesque south-west coast, a walk between Ölüdeniz and Antalya, and a beach near Kalkan all feature as highlights of a visit to Turkey, according to the latest edition of the Rough Guide to Turkey. Situated inside the walled city of Istanbul, in the Faith district, the Grand Bazaar is a shopping […]

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Istanbul awaydays – the Princes’ Islands

Date: March 19, 2014 | Written By admin

The air is heavy with the sweet scent of pine resin, mingling harmoniously with the fragrant odours of Mediterranean shrubs and herbs. The desultory drone of a few early-rising honey bees, the clip-clop of a horse’s hooves in the distance and the soft slop of waves breaking gently against the shingle shore are the only […]

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Why Istanbul’s Beylikduzu district is a hit with Turkish and foreign investors

Date: March 18, 2014 | Written By Richard

Demand for property in one of Istanbul’s most desirable districts, Beylikduzu, is expected to grow during 2014, as more investors discover what this exciting area on the city’s European side has to offer. Together with the nearby Atakoy Marina district, luxury new developments in Beylikduzu are attracting an increasing number of upper-middle class Turks, as […]

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More flights between Turkey and the Gulf, including low-cost service to Kuwait

Date: March 14, 2014 | Written By Richard

Increased flights between Turkey and countries in the Middle East should help maintain a high level of interest from Arab investors in Turkish real estate opportunities in 2014. This month sees Turkish low-cost carrier Pegasus commence a new four-times-a-week service between Kuwait City and Istanbul. Pegasus passengers will be able to fly to Kuwait on […]

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Turkey’s real estate sector in global spotlight at international property show

Date: March 13, 2014 | Written By Richard

Turkish property has once again been a highlight at the world’s largest trade property exhibition, namely MIPIM and taking place in France 11th-14th March, after Turkey was chosen as one of three Countries of Honour for the second year running. Testament to the global interest in property in Turkey, more than 250 companies have been […]

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Istanbul’s Big Breakfast Experience

Date: March 5, 2014 | Written By admin

Istanbulites don’t need online men’s lifestyle magazine Thrillist (www.thrillist.com) to tell them that the Turkish breakfast is one of the world’s best. In fact most would, with justification, take issue with being silver-medalist to Venezuela’s gold. Fat, succulent olives picked in Aegean groves, piquant garlic sausage from the heart of Anatolia, ripe, crumbly goat cheese […]

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Foreign investment in Turkey remains strong, with Europe its most important trading partner

Date: March 4, 2014 | Written By Richard

Turkey’s attraction to foreign investors and businesses remains strong, after figures from the Turkish Ministry of Finance revealed that foreign direct investment (FDI) into the country in 2013 totalled $12.686 billion. Capital inflow accounted for $10.1 billion while real estate purchases by foreigners exceeded $3 billion. The European Union remained Turkey’s main source of FDI […]

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House sales up by 65 per cent in 2013, with Antalya a favourite with foreigners

Date: February 26, 2014 | Written By Richard

Foreigners bought more than 12,000 properties in Turkey during 2013, with the southern province of Antalya attracting the highest number of sales to non-Turks. Figures released by Turkey’s Statistical Institute (TurkStat) showed that of the 1.157 million properties sold in the country last year, 5,548 were to foreigners in Antalya, 2,447 were to overseas buyers […]

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