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Posts by Richard

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 and...

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 and...

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 to...

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 of...

Posted on 29 August 2014

Turkey ups its game as a world-class golfing destination in 2014

Turkey’s campaign to become a global golf destination has gained momentum during 2014, with the golfing resort of Belek hosting a series of international tournaments and Turkey being ranked the fifth most important destination for golf tourism by the IAGTO, said Turkey property specialist Spot Blue International Property in August....

Posted on 28 August 2014

Landmark new Istanbul airport to be named after President Erdogan

Istanbul’s iconic third airport, set to be the largest in the world once completed in 2018/19, will be named after the country’s new president-elect, Recep Tayyip Erdogan.The new airport is expected to serve 150 million passengers per year, replacing Turkey’s current main air hub in Istanbul, which is named after...

Posted on 14 August 2014

Turkey enters new era as Erdogan takes over the presidency

Turkey has its first ever directly elected president, after its existing prime minister, Recep Tayyip Erdogan, won the presidential election at the start of August, vowing to build a new Turkey. Erdogan's election as President of Turkey should enable him to continue to drive the growth he has generated as...

Posted on 13 August 2014

Russians spearheading tourism growth in booming Antalya in 2014

The city and province of Antalya is proving an ever-growing hit with foreign tourists, but in particular Russians, after new figures showed an increase in the number of tourists there during the first seven months of 2014 compared to last year.According to the Antalya Culture and Tourism Provincial Directorate, between...

Posted on 05 August 2014

Healthy data signals bullish second half of 2014 for Turkish property market

Rising property values, booming tourist numbers and ever-improving air access – Turkey’s attraction to foreign property-buyers has gained momentum during the first half of 2014 with a promising second half ahead, said property agency Spot Blue International Property in August. PropertySales to foreigners in Turkey rose 60 per cent year-on-year...

Posted on 01 August 2014

Investors welcome ongoing appreciation of new Turkish homes in 2014

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...

Posted on 30 July 2014