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Category Archives: Istanbul

Cities in Turkey among world’s best for capital appreciation

Three Turkish cities are among the world’s 20 highest performing cities in terms of house price growth, including Istanbul ranked third, according to a new report by a leading international real estate consultancy. Property prices in Istanbul grew by 25 per cent between Q4 2014 and Q4 2015, according to...

Posted on 21 April 2016

Resilient Turkish economy is 3rd strongest in G20 and bodes well for investors

Turkey’s economy is outperforming the expectations of international financial institutions and remains one of the fastest growing members of the G20 – news that will be welcomed by foreign investors there in 2016. Data from the Turkish Statistical Institute (TurkStat) released at the end of March showed that of all...

Posted on 18 April 2016

Istanbul drives sales in February, with signs of interest in Altinkum and Aydin

The number of Turkish properties purchased by foreigners surged by 15.8 per cent year-on-year in February, according to the latest figures from the Turkish Statistical Institute (TurkStat). In total, foreigners bought 1,585 that month compared with 1,369 in the same month in 2015, with Istanbul attracting the largest share of...

Posted on 05 April 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

Gulf investors drive foreign demand 3 years after Turkey’s law change

New figures reveal the extent of which Turkey’s property market was boosted by the country’s relaxing of ownership laws, with an uplift in buyers from the Gulf States especially notable. Turkish property investments by foreigners are expected to be worth $5.5billion for 2015, after figures confirmed a value of $5billion...

Posted on 04 March 2016

Istanbul boosted by ranking in top 15 European cities for investment prospects in 2016

Istanbul has been ranked 14th in a recent report by international tax consultancy PwC and the Urban Land Institute that ranks 20 European cities by investment prospects. This is an impressive six places up from last year's listings and puts it ahead of London (15th), Edinburgh (18th), Frankfurt (20th), Brussels...

Posted on 12 February 2016

Turkey’s investor appeal remains strong as sales to non-Turks jump in 2015

Residential property sales to foreigners rose by 20.4 per cent in Turkey during 2015 compared to 2014, according to the Turkish Statistics Institute (TurkStat), whose data also showed that overall residential sales, including those to Turks, rose by 10.6 per cent year-on-year. In total, Turkey recorded 1,289,320 residential property sales...

Posted on 25 January 2016

Turkey improves conditions for foreign investment in 2016

Turkey is set to become more appealing to foreign investors in coming months, thanks to reforms announced by the Government that are designed to improve the country’s investment environment. At the same time, new figures from Deloitte Turkey reveal that foreign investors are driving Turkey’s mergers and acquisitions (M&A) market....

Posted on 12 January 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

Summer house-hunting – Brits enjoy favourable buying conditions in Eurozone and Turkey

A favourable exchange rate, signs of recovering foreign property markets and improving mortgage availability have combined to drive confidence in purchasing European real estate in 2015, said Spot Blue International Property in July. The stronger Pound means that for UK buyers the price of property in the Eurozone has fallen...

Posted on 31 July 2015