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President Gul Visits Bosnia-Herzegovina to “Increase Ties”

Bosnia Herzegovina will likely become the next country in an announcement of increased trade and or ties with Turkey, after the Turkish President Abdullah Gul visits the country this week. Gul told reporters that he will meet with his Bosnian counterpart and other high ranking members of the government, to...

Posted on 02 September 2010

Daily Mail Again Testifies to Popularity of Turkish Property

The Daily Mail has once again testified to the rising popularity of Turkish property with British and global buyers with another sizeable feature on the country in its print and web editions. The title for the piece was a none-downtrodden: Turkey is a shore bet: The holiday home market is...

Posted on 01 September 2010

Turkey Gaining Name as Top European Emerging Market

The stability of the Turkish banking sector, the currency, and the growth potential of the economy are continuing to impress global investors, and making its receiving Investment Grade status from the ratings agencies continuously more likely. "Turkey is Europe's BRIC," asserted David Cameron on a recent trip to Ankara. For...

Posted on 27 August 2010

Turkey Region by Region Part II: Izmir

Like Antalya, Izmir Province has some gorgeous bay-sheltered beaches, but rather than forming a bay, Izmir Province is formed by 2 bays. Izmir is a large region on Turkey’s Aegean coastline in south west Turkey. Looking round from the south you have Kusadasi, which, like Kas is famed for its...

Posted on 25 August 2010

Turkey, Region by Region Part I: Antalya

Antalya is one of Turkey's top regions in terms of tourism and overseas property investment, and, for good reason. Around the world's coasts, little alcoves and bays make for the best spots because of the shelter and the warm, calm waters. Antalya doesn't have any sheltered bays, Antalya is a...

Posted on 24 August 2010

Turkish Central Bank Leaves Rate Unchanged

The Turkish Central Bank’s Monetary Policy Board kept the benchmark interest rates unchanged Thursday, with the overnight borrowing rate at 6.50 percent and lending rate at 9 percent. This is positive news for anyone considering buying a property in Turkey. Because Turkey made banking reforms in the 2001 crisis, liquidity...

Posted on 20 August 2010

Weak European Recovery and Austerity to Benefit Turkish Property and Tourism

Experts believe demand for property in Turkey will increase as Brits and Europeans continue to feel the pinch from austerity and a weaker-than-expected economic recovery. Recent news stories in Britain have highlighted low consumer confidence; with many Brits feeling less optimistic and happy about the economy now, than they did...

Posted on 19 August 2010

“Unprecedented Year” Means Bags of Cheap Holidays in Turkey

The massive confluence of circumstances this year have caused a bargain bonanza of cheap holidays in Turkey. The travel industry was expecting a turnaround this year from last as the global economy was progressing into recovery, thus they ramped up their offerings. Then we had the volcanic ash cloud, the...

Posted on 11 August 2010

H1 Data on Turkish Tourism Figures Positive

The latest data from the Turkish tourism ministry confirms that revealed by Turkstat several days ago and covered on this blog, but with some interesting facts picked out. According to the ministry while Germany continued its reign as biggest tourism market, with 1.68 million visitors in the first half of...

Posted on 10 August 2010

Turkish Airports See 24% Growth in Passenger Numbers this year

The phenomenal growth in Turkish air travel has continued according to the latest reports. According to the latest data that 44.3 million passengers went through Turkish airports between January and June this year, a 23.7%growth on the same period of last year. This follows the 7.3% year on year growth...

Posted on 05 August 2010