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Category Archives: Home Sales

Great Times for the Turkish Property Market

Turkey’s economy continues to grow stronger and stronger and is anticipated to continue with forward momentum heading into 2011. Turkey is due to surpass China, the United States, Brazil, and Japan in national income, according to the International Monetary Fund (IMF), taking 12th place in EU countries. At 729 billion...

Posted on 04 December 2010

Bloomberg: Turkey, Enjoy Your Property Boom For as Long as it Lasts

Turkey is experiencing a PROPERTY BOOM. The country's real estate developers are the stars of the stock market. Those are not lines you hear every day, especially not in a Bloomberg video special but that is what we heard today. Unfortunately the report was typical of mainstream reports; in that...

Posted on 27 October 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

Turkish Property Investment on the UpnUp

Maybe it’s just us (unlikely) but the level of material, information, national press news and opinion articles, and blog posts recommending investment in Turkish property has grown hugely in the past 12 months. Actually, no, that doesn’t do the situation justice. The level of coverage has been increasing slowly for...

Posted on 30 July 2010

Turkish Mortgage Demand Doubles in May – Conti

Overseas mortgage provider Conti has revealed massive growth in demand for Turkish mortgages. Conti has said that demand for mortgages for Turkish property has been growing steadily over the past year, but that quotes doubled in May compared to April. This is the biggest sign we have had that growth...

Posted on 10 June 2010

Didim Marina One Year On, Well… Nearly

In April last year the Didim Marina opened, the largest marina on the Aegean and a spectacular addition to the Didim tourism package. Didim marina, which covers 287,000 square metres of land and god only knows how much sea, is part of the Turkish tourism ministries strategy of trying to...

Posted on 24 March 2010

Icmeler Villas Becoming Extremely Popular with Foreign Buyers

Icmeler Villas are becoming some of the most popular properties in Turkey. This is coming as quite a shock to many in the industry. Turkey's holiday property markets have traditionally grown fastest in areas where tourism is growing fastest -- the holiday makers of today becoming the holiday home buyers...

Posted on 04 March 2010

Home Sales Rise Fastest in South East Turkey – Turkstat

The south-eastern and eastern regions of Turkey accounted for 28% of a 3.9% quarterly increase in Turkish home sales in the fourth quarter of last year. This was by far the largest proportion held by any region, and proves that the south-east of Turkey has one of the brightest property...

Posted on 26 February 2010

Turkish Property Sales up 24% Year on Year in 2009

House sales in Turkey rose 24% year-on-year in the nine months ending September last year, according to new data from the Real Estate Investing Partners Association (GYODER). The body put the rise down to a reduction in title deed fees and value-added tax (KDV), as well as promotions by developers....

Posted on 25 February 2010

Altinkum Property Set to Be Big Star in 2010

All the signs point to Altinkum property being one of the biggest sellers with foreign buyers of Turkish property in 2010 – especially Brits. According to recent data some 80% of the 67,000+ tourists received by Altinkum last year were British. As we all know, a place which is popular...

Posted on 19 February 2010