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Category Archives: Investment

Turkey Gearing up to Produce Domestic Car Brand

The Prime Minister of Turkey recently announced his ambitions to build a 100% domestic car brand, but when examined more carefully this idea is quite challenging, as all the parts need to be produced domestically. Turkey last tried to produce its own automobile brand in 1961, but only made four...

Posted on 22 April 2011

Ground Breaks on 500 Million Euro Natural Gas Plant in Turkey

The ground-breaking ceremony for a €500 million natural gas burning power plant has just been held. The 775 MW plant, which is being constructed by the German power supplier RWE and Turkeys Turcas, is being built in the Aegean province of Denizli and is expected to be operational by the...

Posted on 15 April 2011

Turkey Named as One of Top Property Investments in World

Turkey has been highlighted as one of the top choices for global property investors by a leading expert. Speaking at the MIPIM event in Cannes, France, Robert White of Real Capital Analytics told reporters that the BRICs are no longer the top dogs of global property investment, that now the...

Posted on 13 March 2011

Istanbul showing signs of sustainable growth

Turkey is the 15th largest economy in the world, and although suffered during the downturn its strong recovery continues to be the envy of much larger and more developed countries. Istanbul has benefited greatly from this recovery as it is not only a popular tourist destination but also has many...

Posted on 18 February 2011

Turkish Budget Deficit Shrank 24.9% in 2010

Turkish finance minister Mehmet Simsek has announced that the budget deficit dropped by 24.9% in 2010. Turkey’s continued good news on the economic front continues to increase the likelihood that it will be bumped up to investment grade status this year. The announcement, coming as it does amidst an EU...

Posted on 20 January 2011

Does Anyone Want a Turkish House?

We are Turkish property agents, we sell Turkey property to people who are searching primarily for property in Turkey, but why does no one want a Turkish house? When you think of a Turkish house, because you are so used to hearing about luxury villas you automatically imagine that the...

Posted on 14 January 2011

Consensus Builds on Prediction of Investment Grade Turkey in 2011

The consensus is building around the prediction that Turkey will be upgraded to investment grade status by the ratings agencies this year. This week HSBC predicted it in a report. A report which also predicted massive GDP growth in Turkey between now and 2050, as Turkey and emerging markets like...

Posted on 12 January 2011

Turkey Property: What Will Make it Hot in 2011

Several reports recently have predicted that Turkey will be one of the hottest overseas property investment markets in 2011, including a report by the Global Property Guide making a case for Turkey being Europe’s hottest residential property investment opportunity. Here are some of the reasons why Turkish property is making...

Posted on 31 December 2010

Turkish Property Boom Finally Hears the B Word

Well it finally happened, the word bubble was mentioned in relation to the Turkish property boom, but no, we aren't going to argue against it. This is because caution over whether the boom is a bubble has led to banking regulator the BRSA capping the maximum loan to value at...

Posted on 30 December 2010

Turkey Property to be Hottest with Investors in 2011

Turkey will be the hottest overseas property investment destination in 2011 according to Liam Bailey, director of Write About Property in an article detailing predictions for the hottest markets in 2011. Bailey, who has, in the past (2006) stated that EU membership was essential to make Turkey a viable property...

Posted on 24 December 2010