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Belek Grows into Favourite Golf Holiday Spot for Affordable Property

Major publication the Hampstead & Highgate express has highlighted the massive benefits of golf in Turkey. The article particularly focuses on golf in Belek, which it called: "the eastern Mediterranean must-visit golfing destination, on a par with the Algarve and the Costa del Sol, but costing much less. Turkey's golf...

Posted on 08 May 2009

Forex, Turkish Property & British Buyers: Buy When the Time is Right

Just under a month ago, we revealed a prediction by Moneycorp that Sterling would strengthen against the Turkish Lira. At the time 1 Pound Sterling would have bought you 2.30 Turkish Lira, and Moneycorp said:"In the long term we expect the Pound will get stronger, certainly climbing back up to...

Posted on 05 May 2009

Turkish Golf Rising in Popularity as Fast as Turkish Property

Turkey has grown into one of Europe's most popular locations for golf holidays in recent years, not least because of its popularity with overseas property buyers and how the two seem to go hand in hand.During the boom in overseas property buying in the past few years, as Turkey's tourism...

Posted on 24 April 2009

Altinkum Marina Completed and Open for Business

The long awaited £33.6 million Altinkum Marina opens today, and it is expected to change the face of Turkey's Aegean coastline at Didim.Encompassing 287,000 square metres of land and a lot more sea, the marina is certainly an impressive feat; comparable to all the glitz and glamour of Dubai's celebrity...

Posted on 17 April 2009

Turkish Property Should be Boosted by Growth in Sterling’s Value

Several positive economic factors to emerge in the past 1-2 weeks have seen Sterling begin to rise against the Euro. Cited as reasons for the rise in the Moneycorp article were: British Purchasing Managers' Indices (PMIs) lead the way in manufacturing and services sectors. Non-controversial G20 communiqué welcomed by markets....

Posted on 10 April 2009

Turkey Property Remains Popular Amid Efforts to Fight Economic Decline

Ziraat Bankasi, Turkey's largest state owned bank has been among the first to pass the central bank rate cuts onto consumers. Turkey's central bank recently cut Turkey's equivalent to the base rate to 10.5%, the latest in a series of cuts which has seen the rate cut by 6% in...

Posted on 25 March 2009

Turkey Property: Mortgages Still Available

Yesterday Forbes ran a story on how Turkey was more resilient to the credit crunch, because of reforms made to its banking sector years ago. Turkey's banking system collapsed in 2001, when "toxic assets, sloppy management and bad credits caused 24 banks to "go south", the article explained. The reforms...

Posted on 13 March 2009

Turkey Property Grows in Popularity with Investors

The credit crunch has made Turkey property an even more attractive option for overseas property investors and holiday home buyers. This month Property Wire reported that the drop in price of Turkey property has made the country -- especially Istanbul -- a growingly popular choice. The irony is: that Turkey's...

Posted on 16 February 2009

Credit crunch – are cheap holidays to Turkey the answer?

Travel to Turkey is set to increase in 2009 by 30%.  Turkey has for years been a very popular holiday destination with steady tourism growth year on year.  So why should 2009 see such a big increase in Turkey travel? The credit crunch effecting the world at present has forced...

Posted on 14 January 2009

Facebook in Turkey

Turkey has seen rapid growth in users of social networking site Facebook.  Users of Facebook in Turkey jumped from 4.5% to 10% of the population - or 7.5 million people - in just the last half of of 2008.  Turkey is surpassed in Facebook users only by the U.S.  (41 million), the...

Posted on 05 January 2009