Menu

Category Archives: Property

Istanbul crowned world’s best destination by global travellers

Istanbul has been voted the best place to visit in the world in the sixth annual Travellers’ Choice awards for Destinations, organised by TripAdvisor, the world’s largest travel site. The largest city in Turkey, Istanbul is the country’s cultural capital and embraces both its European and Asian roots as the...

Posted on 17 April 2014

Rough Guides includes holiday home hot spots in its ‘not to miss’ list for Turkey

Istanbul’s Grand Bazaar, Turkey’s picturesque south-west coast, a walk between Ölüdeniz and Antalya, and a beach near Kalkan all feature as highlights of a visit to Turkey, according to the latest edition of the Rough Guide to Turkey. Situated inside the walled city of Istanbul, in the Faith district, the...

Posted on 25 March 2014

Foreign investment in Turkey remains strong, with Europe its most important trading partner

Turkey’s attraction to foreign investors and businesses remains strong, after figures from the Turkish Ministry of Finance revealed that foreign direct investment (FDI) into the country in 2013 totalled $12.686 billion.Capital inflow accounted for $10.1 billion while real estate purchases by foreigners exceeded $3 billion. The European Union remained Turkey’s...

Posted on 04 March 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

More air passengers touch down in 2013, as taste for Turkey keeps on growing

A hike in Turkey’s air traffic meant passenger numbers hit record levels in 2013, confirming the country’s growing popularity in the world as a place to visit and do business.Turkey’s Minister for Transport confirmed in January that the number of air passengers passing through the country last year exceeded 150...

Posted on 14 January 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

Why Turkey’s MINTy taste makes it an emerging economic powerhouse

Turkey has been named one of four emerging economic giants in the world by a leading economist at investment bank Goldman Sachs, boosting its appeal to foreign property investors during 2014. Economist Jim O’Neill, who created the BRIC acronym which in 2001 identified Brazil, Russia, India and China as the world’s...

Posted on 06 January 2014

Visitors to Turkey will need to go on-line for their visas in 2014

Travellers to Turkey, including second homeowners, are being advised that from Spring next year they will need to go on-line to get their visa for entry into the country. Earlier this year, Turkey introduced its new e-visa system, which allows for applications and visa fees to be paid online in...

Posted on 17 December 2013

Property prices in Turkey rising at sixth highest rate in the world

Turkey is ranked sixth – three places above the next European country, Germany - in the latest House Price Index for the third quarter of 2013 compiled by an international property consultancy. According to Knight Frank’s quarterly index, house prices in Turkey were 12.5 per cent up in the third...

Posted on 09 December 2013

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