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Category Archives: Property

Turkish Airlines Open Istanbul to Washington Route – Latest of Many

Turkish Airlines CEO Dr Temel Kotil has flown to Washington to cut the ribbon and officially launch the airline’s new landmark route between its hub at Istanbul Ataturk and Dulles airport in Washington. The flight will run 6 times per week and connects with Turkish Airline’s star alliance partner United...

Posted on 13 November 2010

State-Owned Turkish Property Developer in 1 Billion TYR IPO

State-owned Turkish real estate developer is selling a 25% stake of the company in an Initial Public Offering next week. The firm is selling 625million shares at between 1.60 and 2.15 Turkish Liras each. Doing the math that is a valuation of 1 billion liras (at the lowest price of...

Posted on 07 November 2010

Turkey Property: Top of the Props October

Well, it's been well over a month since we looked at the top performing properties, and we thought it would be good to take a look. For those reading for the first time, we recently started compiling data on the most reviewed properties on the Spot Blue website. We last...

Posted on 03 November 2010

Turkey Most Suitable Candidate for Seat on IMF Executive Board

With each passing week and month Turkey continues to impress investors more and more. The Turkish economy is now one of the fastest growing economies in the world. The latest news is that Turkish exports increased by a further 5.5% year on year in September, to 8 950 Million USD....

Posted on 28 October 2010

An Exciting Time for Turkish Property

Overseas mortgage provider Conti has provided more than mortgages for Turkey this month. According to the firm, Turkey was the third biggest destination in terms of demand for mortgages from foreign property buyers. 18% of all Conti's mortgage applications for overseas property purchases were for mortgages to buy Turkish property,...

Posted on 24 September 2010

Daily Mail Again Testifies to Popularity of Turkish Property

The Daily Mail has once again testified to the rising popularity of Turkish property with British and global buyers with another sizeable feature on the country in its print and web editions. The title for the piece was a none-downtrodden: Turkey is a shore bet: The holiday home market is...

Posted on 01 September 2010

Turkish Central Bank Leaves Rate Unchanged

The Turkish Central Bank’s Monetary Policy Board kept the benchmark interest rates unchanged Thursday, with the overnight borrowing rate at 6.50 percent and lending rate at 9 percent. This is positive news for anyone considering buying a property in Turkey. Because Turkey made banking reforms in the 2001 crisis, liquidity...

Posted on 20 August 2010

Weak European Recovery and Austerity to Benefit Turkish Property and Tourism

Experts believe demand for property in Turkey will increase as Brits and Europeans continue to feel the pinch from austerity and a weaker-than-expected economic recovery. Recent news stories in Britain have highlighted low consumer confidence; with many Brits feeling less optimistic and happy about the economy now, than they did...

Posted on 19 August 2010

Turkish Property Set to Continue Benefiting from Increased Accessibility

Turkish property is set to continue benefiting from rapidly increasing accessibility from airlines around the world. According to the well respected Anna.Aero publication, Ryanair has signalled its desire to make Turkey the focus of its next round of expansions. There has been no specifics given at this stage, but we...

Posted on 22 July 2010

Turkey Sees Strong Growth in Plastic Surgery Tourism

Turkey is making huge leaps toward in the aim of becoming one of the top destinations for plastic surgery tourism. According to Plastic and Reconstructive Surgeon Orhan Murat Özdemir, the country is now tussling to become one of the top 5 destinations for the sector in Europe, and all largely...

Posted on 20 July 2010