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Category Archives: property in turkey

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 of...

Posted on 18 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 than...

Posted on 13 March 2014

Inland Turkey attracting international property-buyers in search of rustic bliss

Off the beaten track properties in Turkey, which combine stunning scenery and a rustic lifestyle with easy access to coastal resorts, are capturing the hearts of a growing number of overseas buyers, said Spot Blue International Property in March, adding that some of the prettiest homes are inland. Many of...

Posted on 11 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, 2,447...

Posted on 26 February 2014

World-class marinas putting the wind in the sails of Turkey’s lifestyle property market

Turkey’s growing marine tourism sector is expected to boost interest in property in coastal resorts in 2014, thanks to a raft of world-class marinas, many of them less than a year or two old, attracting an increasing number of lifestyle property investors, said Turkish property agency Spot Blue International Property...

Posted on 21 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

Turkey’s interest rate hike stalls Lira’s fall, fuelling domestic rental market

Developers in Istanbul are reporting a hike in sale to foreign investors during December 2013, fuelled by investors taking advantage of a slump in the value of the Turkish Lira against other major currencies. The recent drop in the value of the Lira against the US Dollar and Sterling has...

Posted on 07 February 2014

For idyllic self-build plots in Turkey, look no further than Fethiye

Affordable plots in picturesque locations and with access to improving infrastructure are encouraging an increasing number of British people to create their dream home in the Fethiye area of Turkey, said Turkey property specialist Spot Blue International Property in January. The villages around Fethiye, a colourful town on Turkey’s Mediterranean...

Posted on 14 January 2014

Leading Gulf property company backs Turkey and commits £’millions to the market

Confidence in Turkish property received a boost this month after a leading real estate firm in the Gulf announced a major foray into the market with investments to the tune of AED 200 million (around £33milion). The Gulf property firm has unveiled three iconic projects in Turkey as part of...

Posted on 06 December 2013

Turkey’s foreign ownership laws get even friendlier in 2013, signalling a bumper 2014

A raft of new rules governing property ownership in Turkey have made the country increasingly attractive to foreigners in 2013, laying the foundations for continued growth in the property market there in 2014, said Turkey property specialist Spot Blue International Property in November.Turkey’s most recent law change favouring foreign buyers,...

Posted on 18 November 2013