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Category Archives: Home Sales

Exchange rate kinder to British buyers in Turkey than in the Eurozone in 2015

The combination of a weaker currency, high interest rates for savers and low living costs makes Turkey one of the most attractive places for British property buyers and expats in 2015, said Spot Blue International Property in May. Sterling has gained around 14 per cent against the Turkish lira since...

Posted on 15 May 2015

Foreigners and finance availability driving Turkey’s market in 2015

The Turkish property market is gaining momentum in 2015, according to recent statistics that show sales in February were up a hefty 15 per cent compared to the same month in 2014, with mortgage availability driving much of this growth. Figures released by the Turkish Statistical Institute (TurkStat) reveal that...

Posted on 26 March 2015

Turkey records rising number of foreign purchases and prepares for international property expo

Turkey’s popularity with overseas investors and visitors is as strong as ever, according to new figures that show year-on-year rises in the total number of tourists and property purchases by non-residents there in 2014. Foreign property purchases increased by a staggering 55.6 per cent in last year compared to 2013,...

Posted on 17 February 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

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 rise...

Posted on 18 November 2014

“Sea views and a fantastic lifestyle every day” – Turkey’s charm wins over another British expat

Waking up to sunshine and sparkling sea views is now a daily treat for Sara Chandler from Essex, who has recently relocated to her apartment on a 5-star complex in Turkey, after successfully purchasing it through property agency Spot Blue International Property.Ms Chandler bought her two-bedroom apartment, located in Tuzla...

Posted on 18 July 2014

Foreign appetite for a slice of Turkey increasing during 2014

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...

Posted on 03 July 2014

Foreign visitors to Turkey on the up in 2014, with property sales also steady

Turkey’s popularity with foreigners is going from strength to strength, after figures showed a 5.07 per cent year-on-year hike in the number of visitors to the country during the first four months of 2014.The Turkish Ministry of Culture and Tourism reported that 7.03 million foreigners visited the country between January...

Posted on 27 May 2014

House sales up by 65 per cent in 2013, with Antalya a favourite with foreigners

Foreigners bought more than 12,000 properties in Turkey during 2013, with the southern province of Antalya attracting the highest number of sales to non-Turks.Figures released by Turkey’s Statistical Institute (TurkStat) showed that of the 1.157 million properties sold in the country last year, 5,548 were to foreigners in Antalya, 2,447...

Posted on 26 February 2014

Gulf and Russian investors lead rise in foreign interest in Turkey, says Spot Blue International Property

Interest in Turkish real estate is surging as 2013 comes to a close, according to Turkey property specialist Spot Blue International Property, which is experiencing a dramatic rise in visits to its website, spearheaded by Russian and Arabian investors.  For the three months to the end of November 2013, Spot...

Posted on 11 December 2013