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Category Archives: Statistics

Turkey’s investor appeal remains strong as sales to non-Turks jump in 2015

Residential property sales to foreigners rose by 20.4 per cent in Turkey during 2015 compared to 2014, according to the Turkish Statistics Institute (TurkStat), whose data also showed that overall residential sales, including those to Turks, rose by 10.6 per cent year-on-year. In total, Turkey recorded 1,289,320 residential property sales...

Posted on 25 January 2016

Turkey improves conditions for foreign investment in 2016

Turkey is set to become more appealing to foreign investors in coming months, thanks to reforms announced by the Government that are designed to improve the country’s investment environment. At the same time, new figures from Deloitte Turkey reveal that foreign investors are driving Turkey’s mergers and acquisitions (M&A) market....

Posted on 12 January 2016

Istanbul’s mega airport likely to deliver up to 200 new air links

Istanbul’s new airport could connect the city to between 150 and 200 new destinations, in addition to those currently served by its existing two airports, when it opens in 2018, according to research by aviation news website Anna.aero.com. Highlighting the huge benefit that the airport will bring, the news was...

Posted on 18 December 2015

Turkey’s property market records highest growth in Europe in 2014-15

Average house prices in Turkey rose 18.6 per cent in the 12 months to the end of March 2015, according to the latest Knight Frank House Price Index, making Turkish property the best performing of all European markets. Turkey recorded the second highest growth of all 56 countries tracked in...

Posted on 24 August 2015

Jump in foreign sales and tourist numbers signals strong Turkish market

Turkey continues to be flavour of the month with foreign property-buyers, following a record number of purchases by non-nationals in May and consistent growth for the first five months of 2015. Turkish property purchases by overseas investors were up 21.3 per cent in May compared to the same month in...

Posted on 21 July 2015

Strong tourism and FDI signal promising 2015 for Turkey

The first half of 2015 has fuelled international confidence in Turkey with its popularity growing on two fronts, namely as a tourist destination and a centre for foreign investment, according to reports out in May. The Association of Turkish Travel Agencies (TÜRSAB) said last month it expects an influx of...

Posted on 02 June 2015

Turkey ranked No. 2 for growth by ‘The Economist’, and celebrates MIPIM and new Gulf property fund

Property prices in Turkey are growing at the second highest rate of all major world economies, according to the latest House-Price Indicator by leading publication ‘The Economist’, which is encouraging news for investors in Turkish real estate. The Indicator chart, published in April, showed that by the start of 2015...

Posted on 01 May 2015

Foreigners and finance availability driving Turkey’s market in 2015

The Turkish property market is gaining momentum in 2015, according to recent statistics that show sales in February were up a hefty 15 per cent compared to the same month in 2014, with mortgage availability driving much of this growth. Figures released by the Turkish Statistical Institute (TurkStat) reveal that...

Posted on 26 March 2015

Turkey records rising number of foreign purchases and prepares for international property expo

Turkey’s popularity with overseas investors and visitors is as strong as ever, according to new figures that show year-on-year rises in the total number of tourists and property purchases by non-residents there in 2014. Foreign property purchases increased by a staggering 55.6 per cent in last year compared to 2013,...

Posted on 17 February 2015

Why buoyant economic conditions will fuel further appetite for Turkish property in 2015

Rising foreign demand, record levels of tourism and healthy economic conditions throughout 2014 mean Turkey should expect further growth in its real estate market in 2015, said Turkish property specialist Spot Blue International Property in November.House sales to foreigners in the first ten months of 2014 increased 66 per cent...

Posted on 28 November 2014