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Posts by Richard

Fourth busiest European airport and voted ‘best place to meet’ – Istanbul starts 2015 with a bang

Istanbul’s growing status as an international hub was confirmed in January, after statistics confirmed the city now has the fourth busiest airport in Europe while a leading events magazine named it the world’s best meeting destination. Istanbul’s Ataturk Airport saw a staggering 11 per cent rise in passenger numbers in...

Posted on 27 January 2015

Spot Blue adds a sparkle to Turkish property with cutting edge new website

Finding quality property for sale in Turkey has got much easier for international buyers in 2015, following the upgrading and relaunch of Spotblue.com, the website belonging to Turkish property specialist Spot Blue International Property. The new version of Spotblue.com, which went live in January, gives visitors instant access to one...

Posted on 13 January 2015

Istanbul’s rising financial status to bolster Turkey’s bullish market in 2015

The Turkish real estate sector enters 2015 with high expectations thanks to the market ending 2014 with plenty of momentum and continuing signs of interest from foreign buyers. As December came to a close Turkey’s property sector was on course to completing a record-breaking year in terms of housing purchases...

Posted on 31 December 2014

Why buoyant economic conditions will fuel further appetite for Turkish property in 2015

Rising foreign demand, record levels of tourism and healthy economic conditions throughout 2014 mean Turkey should expect further growth in its real estate market in 2015, said Turkish property specialist Spot Blue International Property in November. House sales to foreigners in the first ten months of 2014 increased 66 per...

Posted on 28 November 2014

Istanbul to get more Qatar flights and improved Ataturk Airport

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,...

Posted on 24 November 2014

Property prices and foreign buyers still rising in 2014

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...

Posted on 18 November 2014

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

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...

Posted on 10 November 2014

Strong economic data adds a shine to property investment in Turkey

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...

Posted on 04 November 2014

Joining elite marina club should benefit Bodrum property market

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...

Posted on 29 October 2014

Why two Istanbul districts have the wow factor in the Middle East

Two districts on Istanbul’s European side, namely Bahcesehir and Belikduzu, have become hot spots for Gulf investors purchasing second homes in 2014, said Turkish property specialist Spot Blue International Property in October. Julian Walker, director at Spot Blue International Property, commented: “A large proportion of our clients today are from...

Posted on 23 October 2014

Turkey’s stock exchange gaining stability globally

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...

Posted on 21 October 2014

Turkish Airlines sees rise in passengers, and gets digital!

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...

Posted on 14 October 2014

IMF predicts continued economic growth in Turkey

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...

Posted on 06 October 2014

New air routes connecting Istanbul with the Gulf and Ukraine

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...

Posted on 30 September 2014

Why today’s Istanbul is attractive to non-resident Turkish and Arab investors

Turks and Middle Eastern citizens based around the world, including the Americas, who are looking for global investment opportunities could be missing out by not considering modern-day Istanbul and wider Turkey, said Turkey property specialist Spot Blue International Property in September. “In the USA alone there are an estimated 500,000...

Posted on 26 September 2014

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

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....

Posted on 23 September 2014

Turkish property market prepares to wow investors at Dubai expo

The Turkish property market will be in the limelight next week, when the annual Cityscape Global property exhibition in Dubai takes place, with Turkey being the second most featured country after the host nation, the United Arab Emirates. Cityscape takes place on 21st-23rd September at Dubai’s grand World Trade Centre...

Posted on 17 September 2014

Istanbul’s commercial property sector remains attractive in 2014

Long-term economic growth prospects in Turkey have been described as ‘bright’ by international property consultancy Cushman Wakefield, which added that the Turkish economy is expected to accelerate in 2015 after a slower 2014. In a recent report on the first half of 2014, Cushman Wakefield also stated that the confidence...

Posted on 16 September 2014

Celebrity chef Stein to bring the taste of Turkey to Britain’s TV screens

Fans of Turkey and its colourful lifestyle will enjoy a new TV series covering Turkish food and hosted by TV chef Rick Stein, which is scheduled to be broadcast on BBC 2 next year. Turkey’s well known for its beaches, sunshine and exciting culture, and Stein’s new series will help...

Posted on 02 September 2014

Foreign investment up as Turkish economy outshines much of Europe

Foreigners invested $2billion in Turkish property in the first half of 2014, a period that saw a 28 per cent hike in overall foreign direct investment (FDI) in Turkey compared to 2013. FDI in Turkey between January and June was worth $6.8billion, according to data released by the Central Bank...

Posted on 29 August 2014