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Turkey Blog from Turkish Real Estate Agent Spot Blue

Investors welcome ongoing appreciation of new Turkish homes in 2014

Date: July 30, 2014 | Written By Richard

The average price of new homes in Turkey continued to rise in June, according to the trade body for Turkish real estate, making a property investment there increasingly attractive to foreign buyers in 2014. The REIDIN-GYODER New Home Price Index showed that in June, new Turkish house prices recorded a 0.34 per cent increase on […]


Rising number of museums helping to drive up Turkey’s tourist numbers

Date: July 28, 2014 | Written By Richard

Turkey’s appeal to tourists now stretches far beyond its beaches, weather and bazaars, with new statistics showing that annual visitors to the country’s museums and historic sites rose by a staggering 428 per cent between 2000 and 2013. According to the Turkey Museums 2013 report by the Association of Turkish Travel Agencies, 29,533,966 people visited […]


Demand continues to put upward pressure on Istanbul rents and property prices

Date: July 22, 2014 | Written By Richard

Rents in Istanbul have risen by 42 per cent in districts close to the city’s Ataturk Airport, according to recent reports in the Turkish press, which also state property prices there are recording double digit growth per annum. Apartments in Istanbul are said to be in high demand as the summer holiday season kicks in […]


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 […]


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 […]


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, […]


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 […]


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 […]


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 […]


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 […]