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Category Archives: News

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

Jump in foreign sales and tourist numbers signals strong Turkish market

Turkey continues to be flavour of the month with foreign property-buyers, following a record number of purchases by non-nationals in May and consistent growth for the first five months of 2015. Turkish property purchases by overseas investors were up 21.3 per cent in May compared to the same month in...

Posted on 21 July 2015

Why Turkey’s rising Spa and wellness culture is healthy for its property market

From natural thermal springs to luxury Spas, Turkey is forging a name as a world-class health and wellness destination and with it adding extra appeal to homeownership there, said Spot Blue International Property in June, the month of the 2015 Global Wellness Day, an initiative with its roots in Turkey....

Posted on 12 June 2015

Strong tourism and FDI signal promising 2015 for Turkey

The first half of 2015 has fuelled international confidence in Turkey with its popularity growing on two fronts, namely as a tourist destination and a centre for foreign investment, according to reports out in May. The Association of Turkish Travel Agencies (TÜRSAB) said last month it expects an influx of...

Posted on 02 June 2015

Exchange rate kinder to British buyers in Turkey than in the Eurozone in 2015

The combination of a weaker currency, high interest rates for savers and low living costs makes Turkey one of the most attractive places for British property buyers and expats in 2015, said Spot Blue International Property in May. Sterling has gained around 14 per cent against the Turkish lira since...

Posted on 15 May 2015

Turkey ranked No. 2 for growth by ‘The Economist’, and celebrates MIPIM and new Gulf property fund

Property prices in Turkey are growing at the second highest rate of all major world economies, according to the latest House-Price Indicator by leading publication ‘The Economist’, which is encouraging news for investors in Turkish real estate. The Indicator chart, published in April, showed that by the start of 2015...

Posted on 01 May 2015

Turkey on course to becoming a key player in golf resort development

Turkey now offers some of the best opportunities in Europe to invest in golf property, boosted by the launch this year of an initiative to grow its share of the golf tourism market, said Spot Blue International Property in April. Integrated golf resort developments in Turkey have the second strongest...

Posted on 22 April 2015

Istanbul’s ‘mansion’ market a growing hit with Middle Eastern buyers

The Gulf’s love affair with property in Turkey and in particular Istanbul is as strong as ever, following the purchase of the country’s most expensive waterside mansion for €100million by a Qatari owned firm. The 5,800-square-metre, 64-room house, known as Erbilginler Yali, is situated on the banks of Istanbul's Bosphorus...

Posted on 14 April 2015

Interest in Turkey driving air passenger numbers to new heights in 2015

Air travel in Turkey, both domestic and international, continues to surge in 2015, with the country’s national carrier reporting increased traffic and an increased global market share during 2014. Proof of Turkey’s rising popularity around the world, the number of international flights in and out of the country rose 8.4...

Posted on 08 April 2015

Foreigners and finance availability driving Turkey’s market in 2015

The Turkish property market is gaining momentum in 2015, according to recent statistics that show sales in February were up a hefty 15 per cent compared to the same month in 2014, with mortgage availability driving much of this growth. Figures released by the Turkish Statistical Institute (TurkStat) reveal that...

Posted on 26 March 2015