News - Page 3
All eyes of the global wind energy sector are now on Turkey after it held an auction that could well revolutionise the country’s power industry in future years. A consortium, consisting of German firm Siemens Gamesa and Turkish partners Turkerler and Kalyon, won a tender, put at $1 billion, to provide wind turbines in five … Continued
Staying true to its long-established reputation as playground of the rich and famous, the Bodrum region of Turkey, is this week hosting the Prince Talal bin Abdulaziz Al Saud, a member of the Saudi royal family, visionary investor, and avid philanthropist, worth 18 billion dollars. Arriving at Bodrum airport on his private jumbo jet, the … Continued
The Turkish Government has abolished VAT on property purchases for foreign buyers, as the country attempts to attract more international investors. The new law means that foreigners are exempt of VAT on the purchase of either a house or office in Turkey, with the condition that they make their acquisition payment in a foreign currency … Continued
British property-buyers undeterred by the UK’s vote for Brexit will continue to benefit from cheap euro mortgages in Spain for the foreseeable future, said Propertyandspain.co.uk in July, adding that buyers could also see prices along the Costas become more negotiable. Messages from Spain’s leading banks indicate that lending criteria for UK clients will change only … Continued
Do you wish that could trade your lifestyle in Britain for an exotic & more flamboyant one in the mediterranean? There are several exciting things that they city of Marbella offers its residents. Make your permanent escape and start enjoying the lifestyle that the city of Marbella has to offer. Things to do in Marbella. Beaches. … Continued
Portuguese football star Cristiano Ronaldo, who plays for Real Madrid, has bought himself a home in the western Turkish resort of Izmir, bringing a further boost for the Portuguese property market. The news of the footballer’s purchase comes just days after it was confirmed that Hollywood golden couple Brad Pitt and Angelina Jolie have also … Continued
The Turkish Minister for science, industry and technology, Nihat Ergun, recently announced the government’s plans to establish two major industrial zones in the provinces of Zonguldak and Konya. The cost of these industrial zones is estimated to be around $31 billion. The decision to establish them has been based on requests by foreign and … Continued
Earlier this year we reported that Turkey had finally crossed the 30 million visitor threshold in 2011, a target set for 2010 during the boom years. But that wasn’t the only great tourism achievement for Turkey last year. According to a new report from the United Nations World Tourism Organization, Turkey was the only country … Continued
