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Category Archives: News

Holidaymakers and homeowners now have a faster way to get a Turkish visa

Travelling to Turkey just got easier, thanks to the new e-visa system, which enables visitors to the country to obtain their visas on-line prior to touching down in Turkey, going live this month. The new e-visa, available at www.evisa.gov.tr since 11th April, is aimed at cutting the queues at airports...

Posted on 23 April 2014

Istanbul crowned world’s best destination by global travellers

Istanbul has been voted the best place to visit in the world in the sixth annual Travellers’ Choice awards for Destinations, organised by TripAdvisor, the world’s largest travel site. The largest city in Turkey, Istanbul is the country’s cultural capital and embraces both its European and Asian roots as the...

Posted on 17 April 2014

Turkey re-elects Erdogan and sees positive economic signs

The Turkish nation has re-elected Recep Tayyip Erdogan as its prime minister, after his AKP party scored a resounding victory in the country’s local elections on Sunday. Erdogan’s return to power is deemed by many as a positive step towards continuing the country’s strong economic development, thanks to his ambitious...

Posted on 01 April 2014

Rough Guides includes holiday home hot spots in its ‘not to miss’ list for Turkey

Istanbul’s Grand Bazaar, Turkey’s picturesque south-west coast, a walk between Ölüdeniz and Antalya, and a beach near Kalkan all feature as highlights of a visit to Turkey, according to the latest edition of the Rough Guide to Turkey. Situated inside the walled city of Istanbul, in the Faith district, the...

Posted on 25 March 2014

Why Istanbul’s Beylikduzu district is a hit with Turkish and foreign investors

Demand for property in one of Istanbul’s most desirable districts, Beylikduzu, is expected to grow during 2014, as more investors discover what this exciting area on the city’s European side has to offer. Together with the nearby Atakoy Marina district, luxury new developments in Beylikduzu are attracting an increasing number...

Posted on 18 March 2014

More flights between Turkey and the Gulf, including low-cost service to Kuwait

Increased flights between Turkey and countries in the Middle East should help maintain a high level of interest from Arab investors in Turkish real estate opportunities in 2014. This month sees Turkish low-cost carrier Pegasus commence a new four-times-a-week service between Kuwait City and Istanbul. Pegasus passengers will be able...

Posted on 14 March 2014

Turkey’s real estate sector in global spotlight at international property show

Turkish property has once again been a highlight at the world’s largest trade property exhibition, namely MIPIM and taking place in France 11th-14th March, after Turkey was chosen as one of three Countries of Honour for the second year running. Testament to the global interest in property in Turkey, more...

Posted on 13 March 2014

Foreign investment in Turkey remains strong, with Europe its most important trading partner

Turkey’s attraction to foreign investors and businesses remains strong, after figures from the Turkish Ministry of Finance revealed that foreign direct investment (FDI) into the country in 2013 totalled $12.686 billion. Capital inflow accounted for $10.1 billion while real estate purchases by foreigners exceeded $3 billion. The European Union remained...

Posted on 04 March 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,...

Posted on 26 February 2014

Istanbul’s largest ever office lease signals healthy 2014 for commercial sector

A New Year’s boost for Istanbul’s commercial real estate sector is the announcement that Colliers International has pre-leased what it claims is the largest-ever office lease recorded in Turkey, namely over 60,000 square metres of the Torun Tower, on behalf of Torunlar REIT. The space has been leased to Denizbank,...

Posted on 11 February 2014