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Category Archives: Istanbul

Why the continuity of President Erdoğan’s re-election could benefit Turkey

Recep Tayyip Erdoğan’s landmark victory at the polls in Turkey last month not only secured him his second five-year presidency but also delivered the foundations for a more stable economy in the country, a condition that should go some way towards reassuring international investors, said Spot Blue International Property in...

Posted on 13 July 2018

Esenyurt Property Market of Istanbul Emerges as Popular Destination

In 2008, due to the growing population, the 4800-hectare area of Esenyurt, broke away from neighbouring Buyukcekmece to become a certified district of Istanbul in itself. Neighboured by Avcilar, Buyukcekmece, Beylikduzu, and the northern region of Arnavutkoy, real estate investors were buying Esenyurt property in previously undocumented numbers. Of course,...

Posted on 24 May 2018

Why Buyers Like the Beylikduzu Property Market

Without a doubt, Istanbul is the most active real estate market in Turkey, but one district is gaining more fame and attention than others. The Beylikduzu property market, sitting west from the Bosphorus straits has received praise from many local and international real estate sectors for its excellence in urban...

Posted on 12 May 2018

Plans Unveiled for New Ataturk Cultural Centre in Taksim Square

This week, President of Turkey, Recep Tayyip Erdogan unveiled plans for the new Ataturk Cultural Centre in Taksim Square, Istanbul. The old Ataturk Cultural Centre that many officials said was ugly and unsafe will be demolished, and work will begin on the new building with plans for it to open...

Posted on 14 November 2017

Introduction to Istanbul City in Turkey

Every country has its most prominent city and in the case of Turkey, this is Istanbul. Throughout the history of humankind, it has been a pinnacle point of travel, trade, politics and war. Empires have fought each other to gain control of the strategic piece of land. Thankfully these days,...

Posted on 30 October 2017

Istanbul’s Drive to Promote Electric Taxis

Turkey’s news agency Anadolu has reported that by the end of 2017, 200 electric taxis will be working in Istanbul, the largest and busiest city in the country. The announcement, made by Yahya Ugur, who heads the Istanbul Chamber of Taxi Drivers (ITEO) happened at a publicity event in front...

Posted on 10 October 2017

City Gears up for Istanbul Shopping Fest

Istanbul, the largest city in Turkey, is gearing up for its annual shopping fest running from the 1st to the 16th of July. This will be the seventh year of showcasing the ultimate experience in a city responsible for much of the trade, business, tourism, education and finances industries of...

Posted on 14 June 2017

Turkey tops the global rankings for house price growth in first half of 2016

Two independent surveys have confirmed Turkey’s property market as one of the best performing in the world during the second quarter (Q2) of 2016. Turkey topped Knight Frank’s Global House Price Index for Q2 2016, boasting house price growth of 13.9 per cent between Q2 2015 and Q2 2016. In...

Posted on 21 September 2016

Turkey flies above turbulence of EU Referendum

Turkey’s omission from the European Union together with its bullish economy and buoyant property market should make it an attractive destination to foreign investors both before and after the EU Referendum, said Spot Blue International Property in June, adding that Istanbul remains the country’s key investment hub. “Whatever the outcome...

Posted on 22 June 2016

Major Istanbul expo reflects strong Middle Eastern demand for Turkish property

In a sign of confidence for the Turkish property market, Istanbul hosts its first ever Cityscape Turkey property exhibition in March 2016, an event previously only associated with the United Arab Emirates (UAE). Taking place 24th-26th March at the Istanbul Congress Center, the exhibition will bring domestic and global investors...

Posted on 24 March 2016

Istanbul’s mega airport likely to deliver up to 200 new air links

Istanbul’s new airport could connect the city to between 150 and 200 new destinations, in addition to those currently served by its existing two airports, when it opens in 2018, according to research by aviation news website Anna.aero.com. Highlighting the huge benefit that the airport will bring, the news was...

Posted on 18 December 2015

Istanbul’s high street surge in value as global brands fight for retail space

Istanbul’s two main shopping streets are now among the world’s 20 most expensive streets to rent retail space, according to a new report by a leading commercial property consultancy. Rents for retail outlets in the streets of Bagdat Caddesi on Istanbul’s Asian side and Istiklal on the European side are...

Posted on 06 March 2015

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

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

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

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

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

Rising number of museums helping to drive up Turkey’s tourist numbers

Turkey’s appeal to tourists now stretches far beyond its beaches, weather and bazaars, with new statistics showing that annual visitors to the country’s museums and historic sites rose by a staggering 428 per cent between 2000 and 2013. According to the Turkey Museums 2013 report by the Association of Turkish...

Posted on 28 July 2014

Demand continues to put upward pressure on Istanbul rents and property prices

Rents in Istanbul have risen by 42 per cent in districts close to the city’s Ataturk Airport, according to recent reports in the Turkish press, which also state property prices there are recording double digit growth per annum. Apartments in Istanbul are said to be in high demand as the...

Posted on 22 July 2014

Buzzing Istanbul continues to attract leading international hotel brands

Istanbul’s status on the global tourism stage moved up a notch this month, following the opening of an iconic new hotel by one of the world's largest hotel companies, American group Choice Hotels International. Choice’s newly built Clarion Hotel & Suites Istanbul Sisli is located between the Levent and Taksim...

Posted on 15 July 2014