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Category Archives: Statistics

Why Britons’ hunger for Turkey is returning in 2017

Britons are helping to drive Turkey’s tourism and resurging foreign property market this year, with the country celebrating a 22 per cent year-on-year hike in the number of foreigners it welcomed in the first seven months of 2017, said Spot Blue International Property in September. In July alone, the number...

Posted on 06 September 2017

Famous Things in Turkey

Part of the enjoyment of visiting Turkey for the first time is the quirky facts and figures that make up this absolutely diverse country. Including history, food, science, produce, exports and many other aspects of society, people enjoy learning about the things that Turkey is famous for. From the weird...

Posted on 31 August 2017

Dip in foreign sales in 2016 fails to dampen Turkish market as a whole

Turkey recorded more property sales in 2016 than in 2015, according to the latest figures from the Turkish Statistical Institute, signalling an ongoing strength in the market. Looking closer, house sales in Turkey increased four per cent year-on-year in 2016, reaching 1.34 million. Unsurprisingly, Istanbul attracted the highest share of...

Posted on 13 February 2017

Turkey’s domestic property market shows resilience during September

House sales in Turkey increased by 17.8 per cent in September compared with the same month last year, according to the latest Turkish Statistical Institute (TurkStat) report. Sales to foreign buyers fell by 27.8 per cent year-on-year in September, but compared to the previous month the fall was just 15...

Posted on 27 October 2016

Signs of turnaround in Turkish market after summer of unrest

Confidence is returning to Turkey’s property market after the drop-off caused by the failed July coup, said Spot Blue International Property in October, adding that house sales rose strongly in August compared to the previous month, spearheaded by Istanbul and popular tourist resorts. New figures from the Turkish Statistical Institute...

Posted on 10 October 2016

More cranes break Turkey’s horizon as its construction sector keeps growing

Turkey’s appetite for building new homes is showing no signs of slowing down, according to recent figures by the Turkish Statistical Institute (TURKSTAT), which show the construction sector grew its turnover by 4.5 per cent in the last quarter of 2015 compared to the previous quarter. Year-on-year, this growth rises...

Posted on 28 April 2016

Cities in Turkey among world’s best for capital appreciation

Three Turkish cities are among the world’s 20 highest performing cities in terms of house price growth, including Istanbul ranked third, according to a new report by a leading international real estate consultancy. Property prices in Istanbul grew by 25 per cent between Q4 2014 and Q4 2015, according to...

Posted on 21 April 2016

Property investors reap highest rewards in Turkey in 2015, according to new global report

House prices rose more in Turkey than in any other mainstream real estate market during 2015, according to a report from international property consultancy Knight Frank. Recording growth of 18.4% puts Turkey top of Knight Frank’s most recent Global House Price Index, which compares average house prices in the fourth...

Posted on 14 March 2016

Gulf investors drive foreign demand 3 years after Turkey’s law change

New figures reveal the extent of which Turkey’s property market was boosted by the country’s relaxing of ownership laws, with an uplift in buyers from the Gulf States especially notable. Turkish property investments by foreigners are expected to be worth $5.5billion for 2015, after figures confirmed a value of $5billion...

Posted on 04 March 2016

Spot Blue International Property means business when it comes to social media

Spot Blue International Property has been recognised as one of the most influential users of social media in the overseas real estate industry, with the on-line property agency occupying the top spot of an independent social media ranking and featuring consistently highly in another. As of February 2016, Spot Blue...

Posted on 25 February 2016