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Turkey Blog from Turkish Real Estate Agent Spot Blue

Istanbul to get more Qatar flights and improved Ataturk Airport

Date: November 24, 2014 | Written By Richard

Istanbul is to get more accessible from the Middle East, following the announcement that Qatar Airways will expand its existing service between Qatar and Istanbul’s Sabiha Gökçen Airport, increasing the frequency to a double-daily service. With the launch of the new daily service, which kicks off on 29th March 2015, passengers from the Middle East, […]

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Property prices and foreign buyers still rising in 2014

Date: November 18, 2014 | Written By Richard

Real estate in Turkey continues to offer investors return for their money in 2014, with the price of new homes there increasing by more than seven per cent in October compared to the same month last year. The latest REIDIN-GYODER New Home Price Index showed a 1.33 per cent month-on-month rise in October and a […]

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Istanbul a tourism priority in 2015, as more foreigners visit Turkey

Date: November 10, 2014 | Written By Richard

Promoting Istanbul as a city destination and a place to do business and exhibit are priorities for Turkey in 2015, said the Turkish Culture and Information Office at the World Travel Market in November. Turkey plans to capitalise on Istanbul’s being named the world’s top destination in the 2014 TripAdvisor Travellers Choice Awards. Meetings, incentives, […]

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Strong economic data adds a shine to property investment in Turkey

Date: November 4, 2014 | Written By Richard

Downward pressure on Europe’s economies continues to bypass Turkey, after the economy there recorded an encouraging 9.8 per cent year-on-year rise in foreign direct investment (FDI) in the first eight months of 2014. According to Ministry of Economy data, FDI in Turkey reached $8.6billion for the January-August period, which saw the manufacturing sector attract the […]

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Joining elite marina club should benefit Bodrum property market

Date: October 29, 2014 | Written By Richard

The chic new Palmarina on the Bodrum peninsula has been selected as a member of a global network of exceptional independent yacht marinas, run by marina company Camper & Nicholsons Marinas. Membership of the network, officially called The 178 Club, should encourage more of the international jet set who own boats to head to Palmarina, […]

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Turkey’s stock exchange gaining stability globally

Date: October 21, 2014 | Written By Richard

A sign of Turkey’s strengthening economy, the Istanbul Stock Exchange Market (Borsa Istanbul) is now ranked within the world’s top 20 most sustainable stock exchanges.  Based on companies’ environmental, social and corporate governance performance, the Sustainable Exchanges Index measures the sustainability of exchanges. The new rankings place the Borsa Istanbul in 11th place on the […]

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Turkish Airlines sees rise in passengers, and gets digital!

Date: October 14, 2014 | Written By Richard

National carrier Turkish Airlines, the world’s fourth largest in terms of destinations, recorded a 14.3 per cent year-on-year hike in the number of passengers it has carried in 2014 to the end of September. According to recent figures, Turkish Airlines passenger numbers reached 41.4 million by the end of September this year, with a passenger […]

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IMF predicts continued economic growth in Turkey

Date: October 6, 2014 | Written By Richard

Turkey’s economy has grown by six per cent on average since 2010 and is set to continue growing albeit at a moderate pace, according to a report by the International Monetary Fund. An IMF team visited Turkey between September 11 and 24 and carried out its annual evaluation of the economy. The resultant report noted […]

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New air routes connecting Istanbul with the Gulf and Ukraine

Date: September 30, 2014 | Written By Richard

Turkey can look forward to another air link with the Gulf, following the launch on October 2 of a new service between Kuwait and Istanbul. The route will be operated by Gulf Air and run twice a week. Gulf Air already offers a service between Istanbul and Bahrain. “This affords our Kuwait-based passengers the opportunity […]

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Turkey rated as a top place in the world to direct foreign investment

Date: September 23, 2014 | Written By Richard

Turkey ranks in the top 25 countries worldwide where international business executives are likely to direct foreign investment, according to a recent independent report. The 2014 Kearney Foreign Direct Investment Confidence Index lists Turkey as 24th,  and shows an increase in confidence in the country’s investment outlook compared to 2013. The report said that “Turkey’s […]

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