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Category Archives: property in turkey

Economic growth in Turkey predicted to be double that of other OECD nations

Turkey will see average annual growth of 5.2 per cent between 2012 and 2017, while other OECD members are forecast to grow at 2.4 per cent for the same period, President of the Investment Support and Promotion Agency of Turkey (ISPAT), Ilker Ayci, stated recently. Ayci added that Turkey is the...

Posted on 04 November 2013

Demand at home and abroad: property agent Spot Blue ready to take on more stock

More diverse international investors in Turkey combined with growing demand from a wealthier population have led to an increase in property purchases and in some areas a tighter supply of stock, said leading Turkish property agency Spot Blue International Property in October. The prominence of Gulf and Russian investors in...

Posted on 15 October 2013

Spot Blue appears in Turkish property article in leading Middle East magazine

A recent article in leading Middle East news title Gulf News, which outlines the benefits of investing in Turkish property to citizens from Gulf countries, features Spot Blue and includes quotes by Director Julian Walker, illustrating the firm’s increasing prominence in the region.In the article, Mr Walker outlines the highlights of...

Posted on 08 October 2013

The £170K question: where would you invest in property, Turkey or the UK?

One is an exciting emerging economy that bridges the gap between East and West, and the other is an established Western market, ut one thing both Turkey and the UK share right now are bullish property markets. Turkey ranked sixth in the latest Knight Frank Global House Price Index, recording...

Posted on 27 September 2013

Landmark new shopping centre – with its own Apple Store – a boost for Istanbul

Raising its profile as a city that offers world-class shopping, Istanbul’s landmark Maltepe Park shopping centre reopened in September after a 19-month overhaul with the assistance of global supermarket group Carrefour SA. The transformation of Maltepe Park, located in the city’s Maltepe district on the eastern bank of the Bosphorus,...

Posted on 24 September 2013

Rail upgrades on track to increasing investment appeal of Istanbul property market

Many of Istanbul’s burgeoning residential districts are on the verge of becoming more accessible places to live, after a landmark new rail link connecting the European and Asian sides of the city neared completion when it carried its first passengers as part of a test run in August.The Marmaray Project,...

Posted on 03 September 2013

Spot Blue searches for idyllic plot in Turkey – it’s what the doctor ordered!

Just five years after buying their first holiday home in Turkey, British surgeon Phil McLoughlin and his Malaysian wife Shanti have begun looking there for the perfect spot to build a house for their retirement.The couple, who live with their two teenage sons in St Andrews, are searching for a...

Posted on 27 August 2013

Turkey bucks the trend with bullish commercial property market

The first half of 2013 has seen Turkey’s commercial property market record strong growth and attract increasing investment, according to a report by international property consultancy Jones Lang LaSalle. The investment market has gained significant liquidity with a few major transactions completed in the past six to eight months, said...

Posted on 20 August 2013

Turkish resort of Alanya on cloud nine as international flights take off at local airport

Tourist numbers and demand for property in the southern Turkish resort of Alanya are expected to record a rise during 2013, thanks to a steep hike in the number of international flights - in particular from northern Europe - arriving at the nearby regional airport at Gazipasa. By the end...

Posted on 01 August 2013

Clever land investors flying high in Turkey

Hungry investors looking for alternatives to today’s volatile financial markets should consider investing in land in Turkey, said Turkish property specialist Spot Blue, adding that buying land and building your own villa can also be a better long-term proposition for second homeowners. “Opportunities to buy land come in all shapes...

Posted on 02 July 2013